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FasTroy
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November 24, 2017, 09:49:06 PM |
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Bitcoin is still the king.
That's true . And i believe btc will be still but try to imagine btc with all of these futures . Wouldn't be it great ? Bitcoin will be the king at least in 10 upcoming years, I don't believe that there is any coin for now will beat bitcoin nearly, so the best option now is investing in bitcoin, and if the OP really hate the bitcoin, he should go for bitcoin cash, It's a good option for him. |
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gentlemand
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Welt Am Draht
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November 24, 2017, 09:50:57 PM |
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Bitcoin will be the king at least in 10 upcoming years, I don't believe that there is any coin for now will beat bitcoin nearly, so the best option now is investing in bitcoin, and if the OP really hate the bitcoin, he should go for bitcoin cash, It's a good option for him.
I think it's perfectly understandable for a relative newcomer to wonder about these things. |
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949miner
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November 24, 2017, 10:02:40 PM |
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Why do you think that it is slow at the moment? There is only one answer to reply to your thread. Bitcoin is now slower than before because it is being under attack from the bcash network, there is nothing more to say.
When it went up to $2800 and bitcoin dropped to $5200, the network fees were about $24 for each transaction, everybody was complaining in here because of that.
And now you are complaining because you need to pay $5 for a single transaction?
Yes, if you want lower fees then better to move out to bitcoin classic, fees are lower than $0,15 and they can get confirmed in just seconds
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Kaller
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November 24, 2017, 10:08:05 PM |
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Bitcoin seems outdated because you are American. I don't even have to ask. You want instant gratification and do not care able everything that is involved with making consensus happen on a universally immutable ledger that benefits everyone. You want your coffee, with your low fees. You probably love alts too. Get outta here with your impatience, and find balance in your life. The world still doesn't even know about BTC yet...
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wonderchaff (OP)
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November 24, 2017, 10:12:07 PM |
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Why do you think that it is slow at the moment? There is only one answer to reply to your thread. Bitcoin is now slower than before because it is being under attack from the bcash network, there is nothing more to say.
When it went up to $2800 and bitcoin dropped to $5200, the network fees were about $24 for each transaction, everybody was complaining in here because of that.
And now you are complaining because you need to pay $5 for a single transaction?
Yes, if you want lower fees then better to move out to bitcoin classic, fees are lower than $0,15 and they can get confirmed in just seconds
when everyone talking about world adaptation of btc do you think 5usd for every tx is good choice ? Screw every alt ... I think when we want world adaptation of btc and beat bankers we need lower fees . Just my opinion ... |
USD - in God we trust / BTC - in code we trust
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wonderchaff (OP)
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November 24, 2017, 10:15:03 PM |
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Bitcoin seems outdated because you are American. I don't even have to ask. You want instant gratification and do not care able everything that is involved with making consensus happen on a universally immutable ledger that benefits everyone. You want your coffee, with your low fees. You probably love alts too. Get outta here with your impatience, and find balance in your life. The world still doesn't even know about BTC yet...
Yea so i am American nice Sherlock how did you find it out ? cuz i am talking about usd ? i am from EU ... |
USD - in God we trust / BTC - in code we trust
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hiVe
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November 24, 2017, 10:46:23 PM |
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I dont know too. Why did they stop Segwit2x? I think that they wanna pump altcoins
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audrey12
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November 24, 2017, 10:50:39 PM |
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Yeah I agree bitcoin is somewhat outdated but it does not affect any of the value appreciation for bitcoin in fact it appreciate even more higher through the years. Developers don't focus on upgrading bitcoin I think they are more concern on how bitcoin will sustain the increasing demand to stay active and alive in the crypto market.
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coinycoiny
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November 24, 2017, 10:54:36 PM |
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So today i learnt FUD=anything negative about btc even if its true.
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khaled0111
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November 24, 2017, 11:00:03 PM |
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Honestly, for someone using Bitcoin for daily expenses and normal purchases it is becoming impractical due to high fees and the long time a transaction can take to get confirmed.
On the other hand, holders and investors are satisfied with the increase of bitcoin value.
I think there will be a fork in the near future that will fix this issues otherwise people will no longer use bitcoin as a payment method.
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Bitmora
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November 24, 2017, 11:06:27 PM |
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The technology is not dated, however the currency itself was not planned well enough. We're at the limits and it's what causes the expensive and long TX times.
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uslfd
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November 24, 2017, 11:11:45 PM |
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what you're saying is partially true. of course i do believe technology improves and btc core has to keep up with latest technology hence there's this thing called lightning network for example which could potentially solve these issues.
btc has to keep improving itself indeed to stay relevant and we have to support btc as well
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Domenc
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November 24, 2017, 11:23:00 PM
Last edit: November 27, 2017, 05:38:28 PM by Domenc |
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No, if you think like this there are updates in the system every time needed making it up to date. I know the main issue which creates difficulty for new user it its transaction fees. But if you compare this transaction fees with other service provider for global usage than you will definitely love Bitcoin more. according to me Bitcoin has more capability across the global users than local users as for them transaction fees can be an issue to deal with.
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DARKANGEL6415
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November 24, 2017, 11:37:39 PM |
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You are saying that you use bitcoin to send regular payments, but then why dont you try to use another altcoin in order to make those micro payments?
You can send money with ethereum, it is the 2nd biggest altcoin that has been created, and you are always going to be paying $0,25 worth of eth for all the transactions that you make, doesnt matter how big they are, or how much are they worth.
I have been using eth for a long time to send those kind of payments who are less than $100, and i have never had any problems with this coin, and it has increased a lot during this year too.
Lol priceless, maybe he just wanted to say he is no longer happy with bitcoin. Now i do agree they need to work on getting fees lowered and of course find a way to speed up transactions WITHOUT the need of a hard fork coin trying to take over or cause chaos for bitcoin. |
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xBitHodler
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November 24, 2017, 11:55:34 PM |
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Bitcoin may seem outdated but you have take into account that Bitcoin was the first cryptocurrency and still many people use it. It is difficult to upgrade something in the way which would be accepted by everyone. Bitcoin is the base of all cryptocurrencies. If it failed, there would be a lot of mess in crypto-world. We can't let it happen.
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Rahar02
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November 24, 2017, 11:59:37 PM
Last edit: November 25, 2017, 12:38:22 AM by Rahar02 |
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Do you really think that bitcoin is a dead project? Waves is a dead project, i dont even know why are you mentioning them, because their devs are retarded as hell, they are always saying pure speculations but the price has not been increasing for more than three months.
i didn't say "btc is dead project" ... i said it seems like is outdated ... Price ? look at theirs blockchains not price ... You're right about it, the latest upgrade of bitcoin is segwit inplementation but most exchanges and wallet developers don't apply it yet. Nobody want to pay high fees and still have to wait for a long time to get it confirmed. Look at current mempool, seems flooded with too much transactions, blockchain can't afford all of it, maybe due to hashrate switch to bcash or another reason. So, in this case, just waiting for bitcoin get an upgrade again, or using an altcoins to transact. |
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kodtycoon
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November 25, 2017, 12:10:40 AM |
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Bitcoin is slow , has high fees ... ? where are new upgrades ? When you look waves , eth , ltc , bitshares so bitcoin seems outdated against all these alts. When you look at all this upgrades and look at bitcoin so it seems like development is dead ... can someone explain me why btc can't have some new upgrades for faster blockchain or something like that ?
For me it is not a big problem, by paying more expensive fees we can transact quickly. Yes, bitcoin is outdated when compared to new alts, but bitcoin will still have a lot of interest and I guess bitcoin will not die and not be abandoned by its users. With a hard fork and then appears BCH, BTG, BCD. I think the future bitcoin will be upgraded also to still be able to compete with other new altcoins. |
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GreenBits
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November 25, 2017, 12:36:53 AM |
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Bitcoin is slow , has high fees ... ? where are new upgrades ? When you look waves , eth , ltc , bitshares so bitcoin seems outdated against all these alts. When you look at all this upgrades and look at bitcoin so it seems like development is dead ... can someone explain me why btc can't have some new upgrades for faster blockchain or something like that ?
Amen! we dont have a ton of innovation as of late, at least in the way it seems when I first joined the board. perhaps everything was all new then. but we spent the time forking all over the place, instead of advancing forward with developing the protocol. eth clearly seems superior to bitcoin at this point, and I hate to say that. didnt ltc get segwit hella early? and with all our capitalization, the politics of bitcoin is what is stopping up. despite the superior interest in eth, bitcoin is still the more developed sphere, hanging on by a thread. we are going to get out capped and out adopted unless we make some bold advancements, and soon. |
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MakeMoneyBtc
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November 25, 2017, 12:49:35 AM
Last edit: November 26, 2017, 01:00:42 AM by MakeMoneyBtc |
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Bitcoin is slow because it has to be. It cannot go up unstoppable because then the price would go to 1 million. I think that in close future there is going to be a crash in the price because it went up to much and that is not always good.
It is not that easy to update bitcoin. You need a team that have knowledge about these days technology and also that team has to be paid. I dont think the original creators of bitcoin would implicate anymore in bitcoin or maybe they will do but not public.
So bitcoin needs someone to update it. Who do you think is going to spend hundreds of hours of work to create updates for it and all for free?
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w5pn73
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November 25, 2017, 12:56:11 AM |
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Bitcoin will be the king at least in 10 upcoming years, I don't believe that there is any coin for now will beat bitcoin nearly, so the best option now is investing in bitcoin, and if the OP really hate the bitcoin, he should go for bitcoin cash, It's a good option for him.
I think it's perfectly understandable for a relative newcomer to wonder about these things. I agree with this, with all the technology you see present at altcoins it's kind of logical to think about this. |
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