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Author Topic: The king is already dead.  (Read 5085 times)
BitcoinzB
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June 15, 2017, 09:48:18 AM
 #21

LOL. You are kidding right? How many times did bitcoin died again? Yes, I may have agree with you saying that the high transaction fee is being so annoying and frustrating but I don't think bitcoin will be dead. You see, bitcoin has faced so many challenged down the road and this is just another bumps along the way and will not cause bitcoin to die.
By saying "the king is dead" I don't think the OP meant that "bitcoin is dead", but simply that it's no longer number 1.
statement that I disagree with though.
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June 15, 2017, 09:48:53 AM
 #22

If we believed all you altcoin Fudsters then bitcoin would have already died thousands of times over(and still counting). I don't think she anyone here is dumb enough to believe the crap that comes out of your mouth but I'm just going to put this out there anyways.

All decentralized economies will have some form of scaling issue one way or another. Just a matter of time until a few million people start using it and the network becomes bloated. Transaction fees on Ethereum are not particularly cheap either, in fact probably more expensive than bitcoin.

I've never heard of IOTA until it was listed on coinmarketcap. There is absolutely no reason for anyone to think that IOTA is going to succeed in the future.
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June 15, 2017, 09:51:38 AM
 #23

I think Op haven't experienced the potential of bitcoin. From the year of bitcoin coming into existence, price crash and decrease in the value has happened for several reasons. But very few say it's dead because they could have experienced a loss just because of their own mistakes.

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June 15, 2017, 09:53:20 AM
 #24

Yes, Bitcoin is going to die someday and IOTA is suitable for micro transactions so that it can be the new king of the Internet, Smiley
I'm not sure bitcoin will die.
I think bitcoin always has innovations for its members.
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June 15, 2017, 09:54:42 AM
 #25

Another theme about Bitcoin beeing dead? Comme on people, let's get serious. I thought that everything has been already said about fees issues. Sometimes some changes and adjustments are needed to get things going.
And this is not the only problem Bitcoin will face, the new ones will appear with time and it will have to adjust over and over again. So please stop this dramatic and heart breaking announcements about Bitcoin beeing dead.

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June 15, 2017, 09:55:21 AM
 #26

Bitcoin, Ethereum and the alts are all part of the same economy. If Bitcoin falls, the rest will too. If Ethereum falls, it will take a lot of tokens with it.

Here's hoping that the scaling debate will soon be resolved, so that small transactions get viable again.
that's logically right they are all exist in same world so whatever happen to btc will also possible to happen to everyone else its a chain
which the main focus now is btc and yet it will also be moving to any alts afterwards so better to look for resolution rather than to make
speculations.

So far most alt coins are mainly traded by people who want to increase their BTC holdings. It follows that whenever BTC significantly drops or stagnates, most alts follow suit. The only alt that seems to be somewhat decoupled so far is ETH. Which is also one of the few currencies that bring something new to the table. Disclaimer: I haven't been following alts lately so I'm only familiar with a handful. Most of my conjecture is based on past price movements and not on fundamentals.

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June 15, 2017, 10:01:18 AM
 #27

Its hard for altcoin to replace bitcoin, maybe ethereum can replace but not now. Nowadays Transaction fee is very big problem for bitcoiners, hope transaction fee decrease in near future.
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June 15, 2017, 10:01:29 AM
 #28

The advertisements that bitcoin is fast and near zero cost on transaction fee. That's true that miners are making people to use less the bitcoin and in reality bitcoin is being less useful for making more frequently transaction, Ethereum is kuch better much cheaper and much faster, but not as much popular as bitcoin!
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June 15, 2017, 10:08:27 AM
 #29

I think Op haven't experienced the potential of bitcoin. From the year of bitcoin coming into existence, price crash and decrease in the value has happened for several reasons. But very few say it's dead because they could have experienced a loss just because of their own mistakes.
yes bitcoin is not going to die. it has a good potential, currently the price is trading under 2400$ but it will not stay here for a long time because the price of bitcoin has to start increasing very soon and that is the the reason that i am holding bitcoin for a long time and not going to sell it.
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June 15, 2017, 10:09:23 AM
 #30

I wish good luck to the new kings trying to get the popularity and roots that Bitcoin has among real world peope, good luck trying to be accepted at stores, hotels, travel agencies, theaters, ATMs, etc.
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June 15, 2017, 10:14:23 AM
 #31

I'm not sure IOTA will be the switch king of bitcoin or etherium, because he's still quite new and it seems difficult to adapt to the long-standing bitcoin. Things that might happen if bitcoin price is really too low in the price range of 1 USD, and even then it seems difficult if predicted with the world market. Because the demand that makes prices fluctuate and difficult to predict.
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June 15, 2017, 10:23:08 AM
 #32

I wish good luck to the new kings trying to get the popularity and roots that Bitcoin has among real world peope, good luck trying to be accepted at stores, hotels, travel agencies, theaters, ATMs, etc.


That is the main issue and probably most of the members are just have low incomes. And yeah btc has now become transactions for people who dont care about transaction fees. Probably there is a high percentage of members who are just lowly traders and low percentage of wealthy traders but mst of the btc belongs to those high traders so who would btc choose? I think they could benefit more with the higher transactions.
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June 15, 2017, 10:23:09 AM
 #33

The king is already dead.

Ohhh. I thought this thread was about Elvis...

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June 15, 2017, 10:36:24 AM
 #34

The King is Dead!


Long Live the King (ETHEREUM)!  Cheesy

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June 15, 2017, 10:39:18 AM
 #35

IOTA is a shit coin. It can never become as great as bitcoin and soon it will be destroyed by its own investors when they realize that they are making a big mistake. Even if bitcoin is not a king anymore, IOTA will never be a next king.
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June 15, 2017, 10:53:02 AM
 #36

LOL

GTFO IOTA SCAMMER

Quote
Circulating Supply
2,779,530,283 IOT

Max Supply
2,779,530,283 IOT

They sold all the iota to the funders and now funders have to sell their iota's to other people.

No PoW, no fee, no economy.

Fucking ponzi.

If everything is free with iota,.. Why would i pay for an IOTA? Don't make any sense dawg
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June 15, 2017, 10:54:08 AM
 #37

Well well,

I announced it before, but now its official: The king Bitcoin is death.

Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day.

Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners.

Ethereum gonna be the new king for some months, but he is like bitcoin.
With increasing fees gonna be dead soon too.

When i said dead it means no longer number 1.

And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions.

Maybe this king  is already there: IOTA .
With something innovative than the very slow and high fees blockchains system.

It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King.

I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model.



Its unfortunate things have to get this bad before the miners do what is right and I feel its because they are really not concerned about the growth of bitcoin what they want is to make the money, then cash out to another project whether the initial project dies or lives, its none of their business because their own profit motive has been achieved and I feel this is something that might befall Ethereum anytime soon as its also growing this high but its a lesson for every developer planning to launch the next big thing.
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June 15, 2017, 11:02:11 AM
Last edit: June 17, 2017, 01:10:26 AM by n691309
 #38

I wish good luck to the new kings trying to get the popularity and roots that Bitcoin has among real world peope, good luck trying to be accepted at stores, hotels, travel agencies, theaters, ATMs, etc.

Actually many merchants accepts bitcoins but how much is being used this is the issue, the transaction fees are delaying and are being more costly everyday. But what I think will happen in the future is a "shapeshift" or saying an all in one ATM where people can buy or sell different coins like in the exchange and this would make the ATMs more popular and more useful than the one coin only ATM.
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June 15, 2017, 11:03:48 AM
 #39

I hope they will introduce Bitcoin Unlimited in this month. If not Bitcoin will die and no one will use it.
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June 15, 2017, 11:04:15 AM
 #40

LOL

GTFO IOTA SCAMMER

Quote
Circulating Supply
2,779,530,283 IOT

Max Supply
2,779,530,283 IOT

They sold all the iota to the funders and now funders have to sell their iota's to other people.

No PoW, no fee, no economy.

Fucking ponzi.

If everything is free with iota,.. Why would i pay for an IOTA? Don't make any sense dawg

IOT is really a hot topic these days, but this IOTA coin looks very stupid.

The supply is just too big, I dont see how people will use this crap.

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