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Author Topic: The king is already dead.  (Read 4955 times)
RewFrew
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June 15, 2017, 01:31:28 AM
 #1

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.

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June 15, 2017, 01:36:32 AM
 #2

iota is alt and have no value, there're already several hundreds thousands alts and alll are dead and iota gonna join them
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June 15, 2017, 01:41:51 AM
 #3

iota is alt and have no value, there're already several hundreds thousands alts and alll are dead and iota gonna join them

Thats just my predictions.

But what is for sure is: the real Decentralised area adoption just started now !
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June 15, 2017, 02:22:47 AM
 #4

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

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.

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June 15, 2017, 03:51:29 AM
 #5

Core is the reason we have big fees, not miners. Miners now have a blocksize scaling plan to move us forward finally. Long live Satoshis bitcoin!

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June 15, 2017, 04:10:31 AM
 #6

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.

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June 15, 2017, 08:33:29 AM
 #7

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
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June 15, 2017, 08:37:56 AM
 #8

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.



I like the information from you, It will be read and I find out. At least your thinking is getting me thinking to keep focused and trying.

Of course to achieve positive things with bitcoin. Thank you brothers.

 
 
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June 15, 2017, 08:43:41 AM
 #9

i like the concept of iota and tangle but isnt it vaporware still?
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June 15, 2017, 08:45:06 AM
 #10

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.


Ethereum and anything built on top of it are in a bubble. That bubble will burst as the ICO's fail....
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June 15, 2017, 08:45:34 AM
 #11

I thought there is a thread counting how many times bitcoin has been declared dead on this forum. It has been crazy though like OP said and it is not really favouring micro transactions. I am watching though, can't pretty much assume what would happen tomorrow but we are all watching. Moreover, we can't blame miners for the large transaction fees. The popularity of bitcoin over the years has increased hugely, hence the huge number of daily transactions and choked due to the low blocksize. I just really hope this is fixed soon and all the stakeholders come into an agreement on adopting the best to move us forward. Nevertheless, all these Altcoins are not even any better.
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June 15, 2017, 08:48:42 AM
 #12

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.

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June 15, 2017, 08:52:08 AM
 #13

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.

Ya it is true that the main popularity of Ethereum was from the so many new altcoins which started to use ETH platform for their project apart from that their is no much use of ETH. But bitcoin have got all features and it is used in all field. only the transaction delay and high fees is the problem and miners are the main culprit who are causing this problem if not what solution is available they are not accepting it.

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June 15, 2017, 08:55:47 AM
 #14

Well, IOAT is boosted for micro payments so that it is suitable for everyone to send small payments and I think that it will be the Internet's King
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June 15, 2017, 09:29:20 AM
 #15

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.

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June 15, 2017, 09:34:35 AM
 #16

You announced it before but now it's official? Are you kidding me lol  Tongue

It's not like this is anything new to us. People have been shilling for altcoins for as long as altcoins have existed, and it's mainly because they are salty that they haven't gotten into bitcoin when it was cheap and want to have another go at things by buying into crappy shitcoins and trying to promote it and defame bitcoin to gain themselves some extra profit. It has never worked, and will never work.

Transaction fees is an issue but you're exaggerating things, it's definitely not enough to kill off the entire bitcoin economy. With the fork coming up there will be a solution found, aka Segwit.

IOTA is a successful crowdfund, nothing more. It might have superior technology than bitcoin, but will never gain the trust of the masses. And altcoins will get more and more complicated in an attempt to gain investors, and all the functionality they offer is not going to be used practically.

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June 15, 2017, 09:38:12 AM
 #17

You announced it before but now it's official? Are you kidding me lol  Tongue

It's not like this is anything new to us. People have been shilling for altcoins for as long as altcoins have existed, and it's mainly because they are salty that they haven't gotten into bitcoin when it was cheap and want to have another go at things by buying into crappy shitcoins and trying to promote it and defame bitcoin to gain themselves some extra profit. It has never worked, and will never work.

Transaction fees is an issue but you're exaggerating things, it's definitely not enough to kill off the entire bitcoin economy. With the fork coming up there will be a solution found, aka Segwit.

IOTA is a successful crowdfund, nothing more. It might have superior technology than bitcoin, but will never gain the trust of the masses. And altcoins will get more and more complicated in an attempt to gain investors, and all the functionality they offer is not going to be used practically.
I just hope this solution will be effective and won't make most people "panic" (hence making the price drop a lot)
But maybe in the long term it's the best thing to do in order to keep the currency alive.
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June 15, 2017, 09:40:02 AM
 #18

Well bitcoin transaction is adjusting because there are so many transaction recently , I'm suspect there are a lot of demand for bitcoin !
I'm sure that bitcoin fee will be normal when it has reach stable amount of transaction so keep your faith on bitcoin

Smiley
TravelMug
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June 15, 2017, 09:41:45 AM
 #19

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.

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June 15, 2017, 09:47:26 AM
 #20

With the issue of segwit and high fees,it's not that surprising bitcoin will fall,but for a short time
There are many predictions bitcoin will skyrocketing at the end of the year after the bumpy road
And alt just an alt,there is no way it will surpass bitcoin before they have one that exceed at all aspect
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