cleygaux
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June 15, 2017, 11:06:00 AM |
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The king is not yet dead his just resting wait some days and he will resurrect again no other altcoins can replace bitcoin even etherium I don't even know about your IOTA lol..
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btbrae
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2017, 11:12:59 AM |
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If I can send IOTA from one place to another without fees or stupid transaction times then I'll do that, but then you've got to get back into Bitcoin to cash out.
Ethereum has scaling issues and fees are creeping up also. It is also pointless investing in ICOs when the price of ETH accelerates faster than the component projects built on top of the platform. And none of those ICOs are productive investments yet. Zero.
It's possible the bubble has just burst and the whole shebang is going down. I have to say it's about time.
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Taki
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June 15, 2017, 11:15:16 AM |
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Bitcoin is not dead. Yes, the transaction fee get raised, but if you are ok to wait the fee is not higher than 1$. I am micro BTC earner and 7$ fee is crazy to me, but I have no choice. I am loosing money with waiting so long to a transaction would be proved. When bitcoin got it's historical maximum I was waiting for my mBTCs came to my account, today I finelly got it, but the price is 500$ lower already. I count this not fair, but what can I do? I am sure that there are people who are ready to pay this high fees to not the loose possible profit. All that will make all this campaigns who realize bitcoin transactions multimillionares ($_$)
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Danslip
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June 15, 2017, 11:15:20 AM |
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Time will tell..The king is not yet dead ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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spngebob
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June 15, 2017, 11:16:37 AM |
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Bitcoin has died again? And how many times already, 130? It's not dead, it's just bitmain is making some noise i am sure everything will be fine. The king is already dead.
Ohhh. I thought this thread was about Elvis...
Elvis is dead? What??
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chineseprancing
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June 15, 2017, 11:18:34 AM |
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No one can replace to the position of the King even their prince, because bitcoin was still alive and not dead. They were already rest and waiting the right time before explode again. Either ethereum or any other Altcoins, they cannot beat bitcoin.
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TastyChillySauce00
Legendary
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2017, 11:34:01 AM |
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The king is not yet dead his just resting wait some days and he will resurrect again no other altcoins can replace bitcoin even etherium I don't even know about your IOTA lol..
That indirectly means that bitcoin will be standing up again when the scaling problem and any other have been resolved right? But, as I can see so far, there's no sign that it'll be sorted out very soon. I'm here talking about the fact, the fee itself always increases every day, I can't imagine how people with a transaction which only contain a small amount of bitcoin could stand with this condition but the obvious thing is that the problem now appears to be very critical. There's nothing we can do, just wait and see.
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CyberKuro
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2017, 11:37:16 AM |
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LOL. if every time that an altcoin comes out and claims to be "the king" and want to replace bitcoin somebody paid me 1 satoshi then I would have been richer than bill gates by now ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) it is funny though. I like to observe how many people fall each time for the same story and always end up face down under the dump of that altcoin's whales. If you didn't involved or not use altcoins, than you can't say that. I mean, some coins really has potential and may exceed bitcoin in the future if bitcoin stay still on this problems, why its price fall down in last few days until now? Because people get tired wait for long time confirmation and high fees for greedy miners. They (miners) keep prolong this problem as long as they could to get more fees from bitcoin environment. I don't know when it will be over and we will moving forward without any miners drama.
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erickkyut
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June 15, 2017, 11:48:23 AM |
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Bitcoin is not yet dead and it will never be. Its market is very volatile. Having ups and down is only natural. You don't need to panic. The King is just having its rest. He is just taking a break. Wait till it wakes up again. I can feel that it is really soon.
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aoluain
Legendary
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2017, 11:50:17 AM |
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THE KING IS DEAD, LONG LIVE THE KING ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) come on, we have seen this a few times this year already. I personally think if not soon that medium to long term BTC will gain back its value. Regarding IOTA, Its interesting but I will have to do a bit of investigating before giving my thoughts on it From Wikipedia > The word is used in a common English phrase, 'not one iota', meaning 'not the slightest amount',
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aso118
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★Nitrogensports.eu★
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2017, 11:51:54 AM |
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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.
The reason why a lot of people still stick to Bitcoin is because of the security the network affords. That isn't going to change overnight. And if the scaling debate moves forward, the king may still return.
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crairezx20
Legendary
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June 15, 2017, 12:15:36 PM |
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Bitcoin will stay alive and i think many time that bitcoin are die but its still alive and strong ethereum is too far before ethereum will be the next king.. If can see bitcoin is growing daily and more stores locally are accepting bitcoin as payment and japan was legalized bitcoin in their country. Ethereum will be still altcoin and i think we will see a big crash will happen with ethereum after few months or a year..
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European Central Bank
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2017, 12:18:18 PM |
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so if bitcoin fades away the whole alt market has the choice of either trading against usdt, which is untrustworthy and only a matter of time before it's shut down just like liberty reserve was, or ethereum which will eventually collapse under the weight of its own hubris and has undergone a 40x pump.
neither of those choices are gonna inspire me to stick around.
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eternalgloom
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June 15, 2017, 01:39:07 PM |
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I guess this thread can be added to that other thread that lists how many time Bitcoin has been pronounced dead, I think the counter is up to around 130.
Can't seem to find the thread on this forum, but there are similar ones on Reddit and other blogs.
Even without a scaling solution in the near future, Bitcoin will probably still survive.
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bamboylee
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2017, 01:49:42 PM |
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There are still a lot of people supporting bitcoin. I do not think it will give up the crown any time soon. Amidst all the problem surrounding bitcoin, it still reached a new ATH. High transaction fees and slow transactions can disappoint new comers but not enough to kill bitcoin. It will survive, hopefully.
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dinofelis
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2017, 01:57:26 PM |
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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.
My idea is that bitcoin will "die" in the not-too-distant future (maybe next month ?), not because of scaling and fees and the likes ; but rather because it has been designed as a greater-fool game, with huge initial seigniorage, followed by a severe restriction of coin emission, making it a perfect pyramid game. When the pyramid gets too big, there's not enough greater fools coming in, and smaller pyramids grow faster with the same amount of greater fools, until they get big too. In the end, many "last layers of greater fools" will get burned, and this game will be left for a generation or so. Bitcoin screwed it. It could have been a freedom money, but Satoshi designed it into a "get rich quickly" pyramid game ; in doing so, he found imitators (alt coins) which all are "greater fool games", and it entirely killed the original freedom idea, not leaving any room for a real crypto currency. This stuff has to blow up now, make blood flow, and be forgotten. To leave room for a genuine crypto currency. But in the mean time, the powers that be have been awakened, and the small window of opportunity that existed to make a freedom currency has been blown by bitcoin's built-in greed-system. However, if professional gamblers (banks, financial institutions) join the greater fool game before it breaks down, it can still go on a long time and go very high, before it will be the cause of the next financial crisis.
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dissident
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2017, 02:16:11 PM |
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Hopefully it doesn't bounce before I get off work... I want to jump in for the bounce.
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CryptonomyCapital
Member
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June 15, 2017, 02:19:24 PM |
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At this point, if the King dies, the others won't last long too. The ETH dump already started. I believe some solution will be found sooner or later.
When the king dies in his place comes another, blockchain is a very promising technology in my opinion. I think that this is temporary problem and it will find a solution in future.
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Boseda
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2017, 02:28:43 PM |
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I said something similar in one of my previous posts. To be more clear, it is dead as payment system for micro-payments, not as an asset or a payment system for expensive stuff.
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aoluain
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June 15, 2017, 03:03:35 PM |
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I guess this thread can be added to that other thread that lists how many time Bitcoin has been pronounced dead, I think the counter is up to around 130.
Can't seem to find the thread on this forum, but there are similar ones on Reddit and other blogs.
Even without a scaling solution in the near future, Bitcoin will probably still survive.
We could rename the thread "The King is already dead . . . AGAIN, and like for the 4th time" ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ah he will rise again dont worry.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
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