Thank you Bitcoin and GOODBYE (Let it goooo)

[penig]

I share some of the views, however I believe that the fall of Bitcion will lead to a confidence shock across the whole ecosystem.  Unless it occurs very gradually as others rise up.  Right now there is a 3-4x capitalisation gap between BTC and ETH, and I dont even think ETH is the answer with its own issues going on.  If you lost half the market value of Bitcoin in say 3 months, thats going to burn through a lot of holders and scare the newcomers.  On the other hand, this may be very healthy for the ecosystem, with the strong coming through, those with genuine utility and not just clones and experiments.  Like the dotcom crash thinned the herd and we're left with companies larger than the old world industries. The further Bitcoin goes up, the hard the fall when it does come down, which it will do as all assets and economies have crashes from time to time.

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[ZepaniZeppos]

Thats why we should all move to IOTA. This technology is awesome and the more people use it the faster and better it gets.

I did not intend to make this a post to give other people a chance to pump their coin, but nice try...

[ZepaniZeppos]

I share some of the views, however I believe that the fall of Bitcion will lead to a confidence shock across the whole ecosystem.  Unless it occurs very gradually as others rise up.  Right now there is a 3-4x capitalisation gap between BTC and ETH, and I dont even think ETH is the answer with its own issues going on.  If you lost half the market value of Bitcoin in say 3 months, thats going to burn through a lot of holders and scare the newcomers.  On the other hand, this may be very healthy for the ecosystem, with the strong coming through, those with genuine utility and not just clones and experiments.  Like the dotcom crash thinned the herd and we're left with companies larger than the old world industries. The further Bitcoin goes up, the hard the fall when it does come down, which it will do as all assets and economies have crashes from time to time.

Only thing Bitcoin is good for is to be pumped and then when the money flows into altcoins I'm happy like today and yesterday..

[Paul stuart]

even if the cash bitcoin is better, I do not think the bitcoin will crash so easily, it will have less volume because many will use the BCC but it will keep its first place

[ZepaniZeppos]

even if the cash bitcoin is better, I do not think the bitcoin will crash so easily, it will have less volume because many will use the BCC but it will keep its first place

Bitcoin Cash is just a Bitcoin clone with a temporary fix. We will need a faster coin soon.

[johnpaul12]

You've already made your decision and we also agree on your opinion. But think about what would happen in the future. Goodluck Bro.

[Turkish88]

Bitcoin not die so easily. BTC network have very big community and for big part of this community doesnt matter what is better he was continue using original btc

[chuckblocker]

4 days now since my 320$ unconfirmed, paid 10$ fee which was crazy high fee last week. Whatever... glad i cashed out my bulk of it.

1100sat/byte trans fee now on blockcchain, hahaha, 140$ asked to "acelerate" a transaction. greedy network, not bitcoin network should call it. 2mb size not upgradable? nice future,lol


ooh, and Even if price hits 0 I will still hodl bitcoin because bitcoijn is such greath technology and improve kids future life, benefit on living in a coonnectted wolrd.... +++random new account aberations... zzzzzzzzz shill fks

Feel bad for you.
I remember once paying 0 satoshi (Changed the fee in Blockchain.info). Because I didn't wanna pay. It took a day. Those were the good old times lol.

Off course it's not recommended but in my case I didn't need speed for it. And then theres sites where you can sell Bitcoin by depositing in their given Bitcoin address for only 10 minutes. I have many times missed the deadline and had to ask my money back! Even though I paid a premium fee of 4$ (back then). This was already a problem way ago...

Yeah, even one month ago we could trade and pay only 0.5-2 dollars (still bad vs early days but value was below 3k in those earky days) whilst getting confirmed
In 20mins to an hour and a half tops. I have not seen the mempool below 110k unconf since then and it looks the same eac day

Not an investor, just an old user, miss when 0.1btc was worth 40$, trans speed high and low fee.

Luckily i coughed up the 45$ fees for my other 330 transfer and the bigger ammount was sent few days ago when it atill was not as bad. I see these high fees unavoidable from now on, mempool doesnt look to be going anywhere for the last 2 weeks.

[ZepaniZeppos]

Bitcoin not die so easily. BTC network have very big community and for big part of this community doesnt matter what is better he was continue using original btc

Yes, that doesn't mean it wont "break" at some point there is a huge pile of unconfirmed transactions right now.
Compare it to a world were we can't process all the worlds garbage. It will heap up and destroy it all.

[ZepaniZeppos]

4 days now since my 320$ unconfirmed, paid 10$ fee which was crazy high fee last week. Whatever... glad i cashed out my bulk of it.

1100sat/byte trans fee now on blockcchain, hahaha, 140$ asked to "acelerate" a transaction. greedy network, not bitcoin network should call it. 2mb size not upgradable? nice future,lol


ooh, and Even if price hits 0 I will still hodl bitcoin because bitcoijn is such greath technology and improve kids future life, benefit on living in a coonnectted wolrd.... +++random new account aberations... zzzzzzzzz shill fks

Feel bad for you.
I remember once paying 0 satoshi (Changed the fee in Blockchain.info). Because I didn't wanna pay. It took a day. Those were the good old times lol.

Off course it's not recommended but in my case I didn't need speed for it. And then theres sites where you can sell Bitcoin by depositing in their given Bitcoin address for only 10 minutes. I have many times missed the deadline and had to ask my money back! Even though I paid a premium fee of 4$ (back then). This was already a problem way ago...

Yeah, even one month ago we could trade and pay only 0.5-2 dollars (still bad vs early days but value was below 3k in those earky days) whilst getting confirmed
In 20mins to an hour and a half tops. I have not seen the mempool below 110k unconf since then and it looks the same eac day

Not an investor, just an old user, miss when 0.1btc was worth 40$, trans speed high and low fee.

Luckily i coughed up the 45$ fees for my other 330 transfer and the bigger ammount was sent few days ago when it atill was not as bad. I see these high fees unavoidable from now on, mempool doesnt look to be going anywhere for the last 2 weeks.

It's either switch to another crypto or use a time machine

[OuterTech]

It's true ) At the moment, exchange all Bitcoin to other altcoin is better option for all trader and Bitcoin holder cause Bitcoin price is going down very quickly but all other altcoin price are increasing really fast. This is the best time for people to get more profit by trading altcoin ). Maybe Bitcoin is too old to be king of cryptocurrency, maybe it's time for other cryptocurrency to become a new king

[ZepaniZeppos]

It's true ) At the moment, exchange all Bitcoin to other altcoin is better option for all trader and Bitcoin holder cause Bitcoin price is going down very quickly but all other altcoin price are increasing really fast. This is the best time for people to get more profit by trading altcoin ). Maybe Bitcoin is too old to be king of cryptocurrency, maybe it's time for other cryptocurrency to become a new king

I'm glad I'm not alone who thinks this way

[Jet Cash]

It's a good job I'm a Gemini, I can understand the concept of using more than one crypto coin. It's pretty obvious that Bitcoin has become a store of wealth, and it will take a lot to shake it off that perch. Thankfully there are other coins around to deal with the minor chores like buying hamburgers.

[freightjoe]

It's a good job I'm a Gemini, I can understand the concept of using more than one crypto coin. It's pretty obvious that Bitcoin has become a store of wealth, and it will take a lot to shake it off that perch. Thankfully there are other coins around to deal with the minor chores like buying hamburgers.

Dropping from 19.600$ to 15.600$ in just 48 hours clear shows Bitcoin is not a store of wealth. That seems more like storing water in a bucket with a hole in it.

[Walrus1]

It's a good job I'm a Gemini, I can understand the concept of using more than one crypto coin. It's pretty obvious that Bitcoin has become a store of wealth, and it will take a lot to shake it off that perch. Thankfully there are other coins around to deal with the minor chores like buying hamburgers.

Dropping from 19.600$ to 15.600$ in just 48 hours clear shows Bitcoin is not a store of wealth. That seems more like storing water in a bucket with a hole in it.

true but dropping from pennies to over 10k is impressive btc has been declared dead many times, perhaps this is it, or perhaps not.

[freightjoe]

It's a good job I'm a Gemini, I can understand the concept of using more than one crypto coin. It's pretty obvious that Bitcoin has become a store of wealth, and it will take a lot to shake it off that perch. Thankfully there are other coins around to deal with the minor chores like buying hamburgers.

Dropping from 19.600$ to 15.600$ in just 48 hours clear shows Bitcoin is not a store of wealth. That seems more like storing water in a bucket with a hole in it.

true but dropping from pennies to over 10k is impressive btc has been declared dead many times, perhaps this is it, or perhaps not.

But that is not the point. The poster stated the BTC was a store of wealth - but with the BTC it is extremely clear that this is not the case.

[Walrus1]

It's a good job I'm a Gemini, I can understand the concept of using more than one crypto coin. It's pretty obvious that Bitcoin has become a store of wealth, and it will take a lot to shake it off that perch. Thankfully there are other coins around to deal with the minor chores like buying hamburgers.

Dropping from 19.600$ to 15.600$ in just 48 hours clear shows Bitcoin is not a store of wealth. That seems more like storing water in a bucket with a hole in it.

true but dropping from pennies to over 10k is impressive btc has been declared dead many times, perhaps this is it, or perhaps not.

But that is not the point. The poster stated the BTC was a store of wealth - but with the BTC it is extremely clear that this is not the case.

gold is a store of wealth that has taken dips throughout history

[chuckblocker]

I can buy for 2000$ less then what i sold at 2 days ago. Should i invest back? ))

 Still see it drop below 7k unfortunately, if the conf network still behaves like it does i don't see any chance for improvement to the price.

[Jet Cash]

It's a good job I'm a Gemini, I can understand the concept of using more than one crypto coin. It's pretty obvious that Bitcoin has become a store of wealth, and it will take a lot to shake it off that perch. Thankfully there are other coins around to deal with the minor chores like buying hamburgers.

Dropping from 19.600$ to 15.600$ in just 48 hours clear shows Bitcoin is not a store of wealth. That seems more like storing water in a bucket with a hole in it.

I didn't buy at $19,600

All investments are speculative. For example, I bought some shares at 2pence some years ago, they climbed up to 18 pence fairly quickly, and I maded the mistake of waiting for them to go to 20 pence, as that would have given me enough profit to buy another house. They then took a dive, and I managed to get out at 8 pence. Shortly afterwards the company went into liquidation, and the shares were worth nothing.

You have to watch the timing, and buy for the long term unless you are day trading or speculating.

[Kprawn]

Alright

"Bitcoin is king" "Bitcoin will keep growing" "Bitcoin is the leader" "Bitcoin will never be replaced" -newbie.
Why are people still so convinced about this?

Bitcoin is great, we learned a lot of it. Without Bitcoin we wouldn't have those other cryptocurrencies.
But just because Bitcoin is the pioneer doesn't mean it can't be replaced.
Bitcoin Cash is just a clone with bigger blocks, this will only solve the problem temporarely. So forget about it.

It's clear that Bitcoin isn't the best coin anymore. Problem is because of all this hype there is a lot of new dumb money that only see Bitcoin's insane price growth. That kind of people that leave their money on Coinbase is what I'm talking about (for long term).

If people would look at things more objectlively things wouldn't have gone this way.
I'm not naming other coins because I don't wanna make this a pump post.

Too much dumb investors these days.. Bitcoin is no longer useable in a normal way but noobs will never realize because they never make a transaction to their own wallets because they don't even know it's decentralized and stuff...

I hope Bitcoin will fail soon. It has had enough time to be adapted to its use of today. Why can't Bitcoin be as good as other and better crypto's? I have no idea. But in my eyes it's already game over for Bitcoin.
I know theres gonna be a lot of fanboy hate coming to this post. Don't make them ruin this topic please.

Thanks to those who made Bitcoin possible, we will never forget you. But now it's time to move on.


DEAL WITH IT!!

You choice, bye bye dude! i'm new in crypto, your post make me down in my mind

I never said I will leave crypto. I'm a true believer.

Bullshit, true believers will not smack talk the technology. They will look a bit deeper and understand why things are the way it is.

The Bitcoin Core team gave us SegWit and there was consensus to implement it.... Now services are not using it. SegWit has

solved some of the scaling problems and people simply ignore that. The Core team took it a step further and are working on the

Lightning Network to make it even better... but this takes time. {You do not rush perfection and the security of a multi Billion

Dollar technology}