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Author Topic: Goodbye Bitcoin Hello Blockchain  (Read 366 times)
RodeoX
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February 14, 2018, 03:21:06 PM
 #21

How would you know? It looks like you just got here. Maybe you are not aware of the extremely long history of bitcoin being pronounced dead by someone who just heard about it.

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February 14, 2018, 03:23:10 PM
 #22

Althought I'm a huge blockchain enthusiast I still believe Bitcoin will play a special role in cryptocurrency and how blockchain moves forward, it's the legacy chain, the case study, the ultimate inspiration for current and future blockchain applications.

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February 14, 2018, 03:25:45 PM
 #23

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  Roll Eyes

You are missing the point here. Mainstream people doesn't need to be aware of the underlying technologies just like blockchain. Its like using Internet, you don't need to know or understand the technology behind, all you need to be aware of it plug your network cable to a modem and then you are all set. Same as with the mobile phone industry, you just dial the number or send SMS (short text message), you don't need much details behind to appropriate it.

And besides, blockchain has a lot of used not only bitcoin and other crypto's, but other sectors are well. Are you aware that banking system is the first recipient of this beautiful technology? The same banking system that keeps on attacking crypto.

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February 14, 2018, 03:28:17 PM
 #24

All politicians in my country are saying the same. The government has real power to shut crypto currencies if they will not be needed anymore. And I think it is possible scenario for bitcoin and all remaining. Blockchain is everything that will stay when era of crypto currencies will pass.
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February 14, 2018, 03:28:28 PM
 #25

You cannot separate bitcoin and block chain because they are like as one.
I do understand where are you coming from, but i do disagree with you.
For me btc is the best stored value because bitcoin does not result in Inflation. It is different from other currencies. Inflation occurs when the total amount of cash in the system increases. It is heavily dependent on the country’s demand and supply but in the case of Bitcoins there is no possibility of Inflation since bitcoins are scarce and easily interchangeable.
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February 14, 2018, 03:31:52 PM
 #26

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.

Okay, here's the thing, we know that Bitcoin or any other cryptocurrencies are about giving people the financial freedom that they always wanted, free from the manipulating government and banks and so on. The decentralization that Satoshi envisioned upon creating Bitcoin, but you know that "Blockchain" you are saying that it is just a mechanism is the core medium where all transactions of most cryptocurrencies especially Bitcoin happens? So without it, how can we properly use Bitcoin for all our transactions?
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February 14, 2018, 04:07:53 PM
 #27

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.
Indeed Bitcoin is a revolution and it's already to late to think of stopping it. It's may hater may think the sun would ever get to set, but they only fool themselves, people already tested what financial independence means and no one can tell them any better that is why is why they say all the armies on earth cannot stop a force whose time has come! If not Bitcoin, surely an offspring of it, even more rugged and sophisticated, will arise to continue the race!


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February 14, 2018, 05:02:49 PM
Merited by daxiake (6)
 #28

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  Roll Eyes

CC is just one application of Blockchain technology. Blockchain has frontiers that are yet to be discovered by the human mind. Currently, the dominated thing on blockchain is CC but in future, we may see other things coming up.
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February 14, 2018, 05:06:06 PM
 #29

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  Roll Eyes

BTC is the more secure fiat in the world, and it will still be for a long way. Blockchain is to BTC as BTC is for Blockchain, they are taken by the hand. Now, If you dont want to believe in it, thats perfect.

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February 14, 2018, 05:16:10 PM
 #30

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  Roll Eyes

Agree 100%, thats why I just invested with these guys, check out the mint token sale at https://incremint.io/
It's a new ICO that offers protection to token buyers through decentralized escrow (something we know is needed in the space). They are really ramping up, get in while you can.
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February 14, 2018, 05:20:55 PM
 #31

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  Roll Eyes

Agree 100%, thats why I just invested with these guys, check out the mint token sale at https://incremint.io/
It's a new ICO that offers protection to token buyers through decentralized escrow (something we know is needed in the space). They are really ramping up, get in while you can.

Goodbye money lol   Cry

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February 15, 2018, 03:45:05 AM
 #32

I think you should learn more about what is Bitcoin and what is Blockchain. Because what are you write that's not matches with knowledge about Bitcoin and Blockchain. Bitcoin have many plus poin and Bitcoin can't separate with blockchain, because Bitcoin is cryptocurrency based on Blockchain, so bitcoin and blockchain have mutually relationship. If no blockchain so bitcoin will not created.
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February 15, 2018, 03:48:38 AM
 #33

My prediction is that Bitcoin will move up but while it moves up smaller alts will move up at a much faster rate. Bitcoin will continue to be the yardstick for most crypto currencies and will continue to be like the USD of real world currencies.

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February 15, 2018, 03:52:03 AM
 #34

Althought I'm a huge blockchain enthusiast I still believe Bitcoin will play a special role in cryptocurrency and how blockchain moves forward, it's the legacy chain, the case study, the ultimate inspiration for current and future blockchain applications.

Today blockchain is popular because of Bitcoin even US SEC people mentioned about it. Yes, Bitcoin will play major role in cryptocurrency industry and has opened a wide range availability by using this new technology in our daily life.

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February 15, 2018, 03:56:43 AM
 #35

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  Roll Eyes
Bitcoin is the first crypto currency. Mass adoption of cryptos is coming and its going to be Bitcoin first.    It will be gradual after all the issues with btc are resolved. First step is Lightning network implementation.  Yeah so BTC sun will never set.  It will remain a leader in the crypto currencies.  Its my personal opinion too.

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February 15, 2018, 04:25:42 AM
 #36

very interesting writing. but I doubt the block chain technology. some people are doubtful for security reasons, so it can be used as a money laundering tool.

but on the other hand also many scientists who admited the greatness of the block chain system, how do you correlate the two facts that are not one current?
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February 19, 2018, 07:03:07 AM
 #37

Bitcoin may just have be one of all the thousand digital currencies today, but take note that this is the Pioneer and the most widespread among the list.
There are still underlying developments on the way which always aims for better usability and solutions to scale, no other old digital currency made it this far without having their own unique developments.
This is like telling the mainstream: Goodbye Fries Hello Potatoes.

Agree 100%, thats why I just invested with these guys, check out the mint token sale at https://incremint.io/
It's a new ICO that offers protection to token buyers through decentralized escrow (something we know is needed in the space). They are really ramping up, get in while you can.
These guys will take every opportunity to advertise their scam coins.

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February 19, 2018, 07:26:36 AM
 #38

Althought I'm a huge blockchain enthusiast I still believe Bitcoin will play a special role in cryptocurrency and how blockchain moves forward, it's the legacy chain, the case study, the ultimate inspiration for current and future blockchain applications.

Today blockchain is popular because of Bitcoin even US SEC people mentioned about it. Yes, Bitcoin will play major role in cryptocurrency industry and has opened a wide range availability by using this new technology in our daily life.

not just today but ever since bitcoin was invented , blockchain were also known and popular that time because without the help of blockchain , bitcoin wont be created.

@op you cant just say goodbye to bitcoin because bitcoin wont just end yet. bitcoin will still have a long way to go because it is verry useful and we need it in order to make our lives easier and become more productive.

overall ,  i believe many people dont really know what is a blockchain or what is the purpose of it because they only care about bitcoin and how to make an income thru it.
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February 19, 2018, 07:41:24 AM
 #39

Its true that blockchain technologies are being used as the best decentralized ledger around the world and the thing that sustain bitcoin is blockchain. However Bitcoin also become inseperatable factor from blockchain nowadays, not to mention because of its purpose but because Bitcoin is more like a brand before people started to recognize blockchain technology, the mass started to learn how bitcoin works first instead of blockchain technology and it become an insurance for bitcoin to last longer and have a better future in the community  Grin Grin

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February 25, 2018, 03:29:25 PM
 #40

I think you should learn more about what is Bitcoin and what is Blockchain. Because what are you write that's not matches with knowledge about Bitcoin and Blockchain. Bitcoin have many plus poin and Bitcoin can't separate with blockchain, because Bitcoin is cryptocurrency based on Blockchain, so bitcoin and blockchain have mutually relationship. If no blockchain so bitcoin will not created.
I think the point OP was trying to draw attention to, is the fact that there's a strong livelihood that Bitcoin might be replaced in the future by a more sophisticated cryptocurrency, but whatever coin that maybe, would still have its roots from the blockchain technology, so at the end of the day, it could as well be interpreted as, "Goodbye Bitcoin, hello blockchain" However and until then, Bitcoin remains the flagship cryptocurrency!


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