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Author Topic: The king is already dead.  (Read 5085 times)
hatshepsut93
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June 15, 2017, 03:06:42 PM
 #61

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.



Bitcoin has 8 years of history, while all the altcoins only have promises and hype. Of course Bitcoin is farm from perfect, in terms of speed and costs it's far from Visa or PayPal, but altcoins are just worse. It may seem like they offer cheap instant transactions, but their networks have never been under any significant load, if people tried to use them as much as they use Bitcoin, altcoins would quickly face the same problems as Bitcoin.
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June 15, 2017, 03:08:57 PM
 #62

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.
Yeah bitcoin is not preferable for micro transaction because of the scaling issue. And this scaling issue is most likely to be resolved soon. Majority of the bitcoin holder consider bitcoin as an investment and they will buy more and keep on holding it. Nothing is going to happen to bitcoin. It will retain its number one position as for now.
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June 15, 2017, 03:22:24 PM
 #63

Haha, I ussually see some thread created look like this thread when Bitcoin crashes more than 30% value. Okay, you can freedom of speech and I will see the price of Bitcoin.
In history, more news told "Bitcoin will died soon", "Sell Bitcoin if you not want loss your money", "Bitcoin = Sh*t", ... But after, it not only continue live, it comeback and raiced up more after crashes. I think it will comeback to 3500$ soon or test again support line 1800$ before comeback Smiley
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June 15, 2017, 05:16:13 PM
 #64

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

This is no longer the case

In fact, it might have never been the case right from the start but we may never be able to find out already. Right now Bitcoin comes quite close if not to its last breath but at least to the end of its current sphere or level of existence. So we have to wait just a little over a month to see how good altcoins can fare without Bitcoin (I mean, previous Bitcoin as we know it today). If Bitcoin splits to the roots, it will become just another coin, so it will be a level playing field for all cryptocoins on the block

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June 15, 2017, 07:59:46 PM
 #65

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.


Well Well

Bitcoin has died 135 times  https://99bitcoins.com/bitcoinobituaries/
return to this thread in 2018 when bitcoin go to 10k Dollars and apologize to the king  Tongue
megynacuna
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June 15, 2017, 08:01:17 PM
 #66

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.

Yes, that's part of the reason why we shouldn't ridicule Bitcoin at the slightest dump because there's goingbtobbeva solution somehow soon and if you wish for Bitcoin to die you're indirectly wishing the other Altcoins die because they are indirectly dependent on Bitcoin.
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June 15, 2017, 08:12:14 PM
 #67

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 have been warning this since January and we are reaching the point of no return...

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June 16, 2017, 03:22:26 AM
 #68

After coming back to btc after a while these high fees and long transactions times are pretty bad. 2 big advantages of bitcoin that it had.

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June 16, 2017, 04:05:36 AM
 #69

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.


You are true , but still you can't say it is dead now , it is because the value of the Bitcoin is still in my opinion .
Let think and go in the past and see what was the Bitcoin price , if you will see then you got shocked that it's price was 3$ and fall to down 1$ . Now came back in the present and see what is the price and what is the fee according to that time because in the starting to make transaction and confirm the transaction easily we need to pay fee of 0.01btc , but currently this amount of fee is very small to 0.001btc or even less .
So how can you say that the Bitcoin is dead , but still a limit at the peak will came where people will move toward another coins also like eth or dash because they have future and cheaters like the Bitcoin technology and never get down like Bitcoin as the rate for those altcoin ( which is mentioned by you in the thread ) is increasing , so instead to say dead ,.we should make profit of down price and buy more Bitcoin and then sell when it gets high .
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June 16, 2017, 06:13:21 AM
 #70

I think BTC will have some update to resolve its problem and still be the king Smiley
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June 16, 2017, 06:20:42 AM
 #71

Not exactly completely dead for micropayments. Check out faucethub or moonbitcoin payments and other paid to click sites. They payout thousands weekly in the sums of 25,000 satoshi, which isn't very micro, but how else can you earn or pay 0.01 cents to customers?

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acpr23
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June 16, 2017, 08:37:59 AM
 #72

in my own experience it is much better to transact using Stellar XLM coins. TX fees are fixed only 0.0001 XLM lower or almost 1 satoshi only and transaction time only takes 3-5 seconds. it also has the capability to make an asset in its network just like ETH and Waves. when i am trading im using stellar coins in my transfer from an exchange to another one because it is much faster and cheaper. maybe will be the next KING soooon???
Adelajda
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June 16, 2017, 09:11:33 AM
 #73

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.
Wow,since you are looking for coins with no fees,then you are in the wrong place,you have to pay transaction fees if you are sending crypto currency and nothing runs for free,no one is forcing anyone to use bitcoin on a daily basis and if you are not able or not happy to transact with higher fees then you should not,the freedom is yours. Grin
Bowtiesarecool
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June 16, 2017, 09:27:09 AM
 #74

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.
Wow,since you are looking for coins with no fees,then you are in the wrong place,you have to pay transaction fees if you are sending crypto currency and nothing runs for free,no one is forcing anyone to use bitcoin on a daily basis and if you are not able or not happy to transact with higher fees then you should not,the freedom is yours. Grin
There's always doge  Tongue
suryati
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June 16, 2017, 09:34:25 AM
 #75

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.

Yes i think so it's hard for altcoin to replace bitcoin, it so many reason for that are used to make the coin has a high price one of which the popularity of these coins, transaction fee, and how many production these coin. Someday etherum will he replace bitcoin maybe next year who knows...  Grin
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June 16, 2017, 10:36:12 AM
 #76

Ethereum fee problem is already bigger than Bitcoin. Ethereum network reject contracts after big fees. Bitcoin never did that.
IOTA is nothing to compare. Don't compare rookies with veterans please.
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June 16, 2017, 10:53:34 AM
 #77

I wouldn't say the king is dead just yet but in 2017 the crypto are in phase transition, this is for sure. There were signs this would happen long before it actually started happening.

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June 16, 2017, 01:42:20 PM
 #78

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

This is no longer the case

In fact, it might have never been the case right from the start but we may never be able to find out already. Right now Bitcoin comes quite close if not to its last breath but at least to the end of its current sphere or level of existence. So we have to wait just a little over a month to see how good altcoins can fare without Bitcoin (I mean, previous Bitcoin as we know it today). If Bitcoin splits to the roots, it will become just another coin, so it will be a level playing field for all cryptocoins on the block

Apart from the ETH ecosystem, the fundamentals haven't changed much since the last bubble. Most alts stagnated during the bear market. During the bull run of the last few months most alts went crazy when BTC made as much as a sneeze. I personally doubt that a chain split will make much of a difference, apart from a short to mid-term turmoil. One chain will be treated as the "official" Bitcoin and used by merchants as is while the other will be... the other one.

Of course I might be wrong about all of this. The split could be Bitcoin's downfall. Alts may prevail and actually make for a good hedge this time around. But the jury is still out. The recent drop is nothing compared to what BTC has went through already, so the actual storm is still ahead. Or maybe it isn't.

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June 16, 2017, 01:54:03 PM
 #79

Ok if you're going that far to say IOTA is the new king then I'll go that far and say the new king is in my signature. Read it.

Nr.16 CryptoNote clone...errr...I mean Aeon is the past, mate Smiley. IOTA will have a long way to go before it can be the king. Currently ETH and Waves are the two most likely pretenders Smiley. Maybe Radix will be another one if one day Fuserleer coming out of his cave.
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June 16, 2017, 02:35:21 PM
 #80

i also did not use bitcoin for mini transaction now, the fee is awfull
better to use ethereum untill segwit implemented to bitcoin,

bitcoin designed for investment long term not for daily transaction.

for daily transaction there are many altcoin such dash, eth, ripple etc..
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