Goodbye Bitcoin Hello Blockchain

[bacon2all]

I believe that we are witnessing the setting down of the bitcoin sun, and similar to the sun on the north pole, which does not really sets down in the summer, so that is the Bitcoin sun.

The bitcoin was a great locomotive to the crypto industry, but it's time for it to step aside and let the technology take the lead.

The blockchain is the underlying technology of bitcoin and is the reason for the vast mainstream interest in this part of tech.
The mainstream has a lot of biased feelings toward Bitcoin, and god knows, there are definitely good reasons for that. But, unless the mainstream will be able to feel comfortable with using the tech, there will be no mass adoption and this beautiful technology will go to waste in the hands of speculative traders and scammers.

My personal opinion, don't shout 

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[aoluain]

you have to realise what BTC is, what it represents to people.
and it is many things to many people,
an investment for medium and long term,
a store of wealth similar to what Gold is/was,
a payment system which is not easily tracable,
a form of hope that one day it may lift people out of poverty.

do we really want mass adoption with a coin which has a limited
supply of 21,000,000, im not so sure. Mass adoption is very
suggestive, did we have that in early January before weak hands
left the market? Will mass adoption bring more regulation and
potentially stifle its use?

Blockchain technology can operate and grow along with BTC
as it is presently.

[alia]

Muh blockchain! Muh decentralization! Bitcoin is old and broken!


You forget that bitcoin has:

1) The largest brand recognition
2) The largest merchant acceptance
3) The largest public/consumer acceptance
4) The largest regulatory acceptance
5) The world's highest hashrate, making it the most secure network there is (not vulnerable to a 51% attack)
6) Not controlled by a central body, no godlike deities who can dictate development procedures (ie. Vitalik Buterin)

Also, blockchain without currency is useless. And bitcoin is the best and most stable blockchain-based currency as of now.

[Aminmon]

I think you need to be aware of the fact that bitcoins and blockchains are inseparable.
If there were no bitcoin, there would be no blockchain, just as some officials in the United States had agreed on the idea that there would be no blockchain without bitcoin.

[TheQuin]

You are really missing the point. Blockchain is just the mechanism. What Bitcoin is about is giving people the freedom to make financial transactions without the need to trust a third party. Transactions without banks is the goal, meaning both the banks that hold your money and perform transactions and the central banks that create ever larger amounts of money out of thin air and devalue your wealth in the process.

Far from being the sunset of Bitcoin, it has hardly got started yet.

[HeRetiK]

So in your opinion, what are the use cases of a blockchain without a cryptocurrency incentivizing securing the network? Under these circumstances, what benefits does a blockchain provide as opposed to a more traditional database solution?

[Aufar]

Bitcoin refers to giving people the freedom to make financial transactions without the need to trust a third party.

You really miss the point. Blockchain is just the mechanism, and Blockchain Technology can operate and grow along with BTC
as it is now.

So you need to be aware of the fact that Bitcoin and Blockchains are inseparable, if there is no Bitcoin, then there will be no Blockchain, as some officials in the United States have approved the idea that there will be no Blockchain without Bitcoin.

[Kaniel-ouots]

You cant say that Bitcoin ils still thé father dev are working on it so Btc wont due sooner or later

[palle11]

Bitcoin is the first off shoot of blockchain technology with super connectivity around the blockchain. For bitcoin to go down, it means the world will forget about blockchain. Meanwhile, for that to happen, we have to get a competent replacement which can only come from these few new altcoins that are introducing new technologies.

[justin86]

I don't agree, you can say maybe good bye bitcoin hello tokens but still bitcoin is better investment, and every new comer invests in bitcoin more than other coins.

[ASHLIUSZ]

There is nothing to bid bitcoin a goodbye, because bitcoin is all about a successful part of blockchain technology. Now it is getting wide spread with blockchain being implemented on different industrial needs. Already bitcoin is progressing good with blockchain.

[Red-Apple]

My personal opinion:
I believe that we are witnessing the setting down of the bitcoin sun, and similar to the sun on the north pole, which does not really sets down in the summer, so that is the Bitcoin sun.

as you said, this is just your "personal opinion" and i disagree with it.

The bitcoin was a great locomotive to the crypto industry, but it's time for it to step aside and let the technology take the lead.

"was"?!!! it is not even 10 years that bitcoin came out. bitcoin is THE new technology that is growing and advancing. i honestly don't know in what world the newest technology like bitcoin which is not yet introduced fully and not to everyone!

with that said nothing is stopping a better project to come and take the first place from bitcoin....
... but nothing has happened so far and will not happen in the foreseeable future.

The blockchain is the underlying technology of bitcoin and is the reason for the vast mainstream interest in this part of tech.

true but don't forget that the "mainstream" which is interested in the tech not bitcoin is disliking the decentralized part of bitcoin that is why they try to separate the two!

[YuginKadoya]

Maybe Blockchain and bitcoin are a very different thing that blockchain can be very great with different things in the future but if your involve in blockchain you will definitely get involve with bitcoin, Because bitcoin is technically the main thing that runs in blockchain, So how can you take away the one that is running in the technology that you want to take out?

[dumbfounded22]

By some positions, I can agree. Thanks bitcoin we in principle learned about the existence of blockchain! But the main thing is that all such discovery and application of the blockchain system in the world. As for bitcoin, you should not say such a farewell to it. We'll see what will happen!

[seramania]

By some positions, I can agree. Thanks bitcoin we in principle learned about the existence of blockchain! But the main thing is that all such discovery and application of the blockchain system in the world. As for bitcoin, you should not say such a farewell to it. We'll see what will happen!

saying goodbye to bitcoin is a big mistake. because the bitcoin will return to the highest position. but if you trust bitcoin to be one big coin you can determine and see the bitcoin as a whole. so bitcoin will return big.

[thaitea.deluxe]

Bitcoin is the first cryptocurrency that was created.
I think you are true, most ICO nowadays use blockchain technology such as ERC20 on ethereum network.
The bitcoin user gonna shift their coin to investing in ICO.

[Notcalculator]

You're right i think mass adoption does help. However, BTC survived for so long now without mass adoption. So why would it die? Is there something that changed that im not aware of?
Mass adoption is great, but to be honest, i dont think it's the current state of BTC is ready for it. I think slow adoption is best. Let the adoption grow as fast the the technological growth.
I completely agree with the "hello blochain" part though. I really think it would help lots of industries.

[dunfida]

I believe that we are witnessing the setting down of the bitcoin sun, and similar to the sun on the north pole, which does not really sets down in the summer, so that is the Bitcoin sun.

The bitcoin was a great locomotive to the crypto industry, but it's time for it to step aside and let the technology take the lead.

The blockchain is the underlying technology of bitcoin and is the reason for the vast mainstream interest in this part of tech.
The mainstream has a lot of biased feelings toward Bitcoin, and god knows, there are definitely good reasons for that. But, unless the mainstream will be able to feel comfortable with using the tech, there will be no mass adoption and this beautiful technology will go to waste in the hands of speculative traders and scammers.

My personal opinion, don't shout 

You should not make use of the word "God" when we are just talking about these innovations and things that are related to money since its not really related at all or just irrelevant. I cant deny the fact that blockchain technology is indeed a great innovation when it comes on fastening things up like data transfer and other related usage or processes but saying goodbye bitcoin nowadays is just too early IMO.

[Johnzky]

Cant you even see whats the bitcoin price now?before telling us that sun leaves bitcoin..price is moving $9,200+ and doing great still..dont you think that ITS YOUR MIND THAT HAS NO SUNSHINE so purely darkness sorounds..for sure if bitcoin reaches $12,000 before the week ends you will be gone for good in this forum,and will comebackw when the dip happens again

[belyaevi]

You forget that bitcoin has:

1) The largest brand recognition

I will touch only the brand recognition aspect. What do you think comes to mind of a new investor when he thinks of crypto. It is obviously bitcoins. We have people investing in alt coins but majority of new investors will go for bitcoins.