Bitcoin is A joke and will never last.

[seafarer124]

when i use my credit card, i get my goods in an INSTANT. doesn't even take a 10th of a second.

sorry, but "transaction is instant" on bitcoin (seller and buy view in real time, the transfer of sum) ... but ON BANK ACCOUNT, A CREDIT CARD transaction take 2 days to see.

not on bitcoin (60min = 3-5 confirmations and sum is already migrate to seller).

there is no "instant transaction" with bitcoins, it takes at least 10 minutes to confirm. while in fact if you buy something with your credit card, you are paying in an actual INSTANT and INSTANTLY get your product. nice try in turning the world upside down

The pyramid needs to be turned upside down.

You must be one of the 1%.

Have fun when you are at the bottom of the pile.

[1715119133]

1715119133

[jhansen858]

This thread is a joke.

Go try out Visa, Mastercard, etc... I'm sure you'll love the 3-5 business day "confirmation times" and extra fees as an added bonus.

and besides, if Bitcoin doesn't succeed, another cryptocurrency will with shorter required confirmations. now go back to your troll hole.

I agree another Crypto currency may take over but if it has the same limitations as bitcoin it will also not succeed. Lets be realistic. I can make a transaction with Visa in an instant with next to no fee. I am currently waiting for a transfer between wallets that has taken over 4 hours and now has a double spend error attached to it. I am semi computer literate and can not imagine why an everyday person would take the risk besides hoping to make some money off the roller coaster that is Bitcoin. Bitcoin is around for no other reason then bitcoins sake. You can call me what you like but I will assure you 100% that Bitcoin will never become mainstream in its current state.

I have done transactions before and the time frame is problematic. You are wrong! Bitcoin in its current state will be used for nothing more then selling and trading with its self.

PS. bring it on mother fuckers. If you can not see the limitations with Bitcoin you are a dumb ass bitch.

op has obviously never run a business. op is not aware of the 3% hidden tax on all cc transactions. op,was never around back in the day when they had to make copies of cc and call them in when cards first came out. op has not read nor does he understand the revolutionary idea brought forth nor does he care to.  

op - no one is forcing you to be here. gtfo.

[salstimda]

when i use my credit card, i get my goods in an INSTANT. doesn't even take a 10th of a second.

sorry, but "transaction is instant" on bitcoin (seller and buy view in real time, the transfer of sum) ... but ON BANK ACCOUNT, A CREDIT CARD transaction take 2 days to see.

not on bitcoin (60min = 3-5 confirmations and sum is already migrate to seller).

there is no "instant transaction" with bitcoins, it takes at least 10 minutes to confirm. while in fact if you buy something with your credit card, you are paying in an actual INSTANT and INSTANTLY get your product. nice try in turning the world upside down

The pyramid needs to be turned upside down.

You must be one of the 1%.

Have fun when you are at the bottom of the pile.

sure, im one of the 1% trying to stop the bitcoin train by promoting socialism. you got it pal.

[seafarer124]

when i use my credit card, i get my goods in an INSTANT. doesn't even take a 10th of a second.

sorry, but "transaction is instant" on bitcoin (seller and buy view in real time, the transfer of sum) ... but ON BANK ACCOUNT, A CREDIT CARD transaction take 2 days to see.

not on bitcoin (60min = 3-5 confirmations and sum is already migrate to seller).

there is no "instant transaction" with bitcoins, it takes at least 10 minutes to confirm. while in fact if you buy something with your credit card, you are paying in an actual INSTANT and INSTANTLY get your product. nice try in turning the world upside down

The pyramid needs to be turned upside down.

You must be one of the 1%.

Have fun when you are at the bottom of the pile.

sure, im one of the 1% trying to stop the bitcoin train by promoting socialism. you got it pal.

And Bitcoin is anti-socialism?

[salstimda]

when i use my credit card, i get my goods in an INSTANT. doesn't even take a 10th of a second.

sorry, but "transaction is instant" on bitcoin (seller and buy view in real time, the transfer of sum) ... but ON BANK ACCOUNT, A CREDIT CARD transaction take 2 days to see.

not on bitcoin (60min = 3-5 confirmations and sum is already migrate to seller).

there is no "instant transaction" with bitcoins, it takes at least 10 minutes to confirm. while in fact if you buy something with your credit card, you are paying in an actual INSTANT and INSTANTLY get your product. nice try in turning the world upside down

The pyramid needs to be turned upside down.

You must be one of the 1%.

Have fun when you are at the bottom of the pile.

sure, im one of the 1% trying to stop the bitcoin train by promoting socialism. you got it pal.

And Bitcoin is anti-socialism?

that would be a bit far-fetched. bitcoin is just a technology. its just that its use is solely as a currency/commodity for speculation in a capitalist system, and the people profiting most of it are people who are already rich. i wouldn't call it anti-socialism, but its surely not pro-socialism.

[seriouscoin]

@seriouscoin
'dumb ass' 'Retard' lol - it is exactly such language which ensures that I most definitely will not be interested in Bitcoin. That kind of expressions belong in kindergarten - not between adults in a forum where people should become interested in what you are trying to sell.

No I am not jealous - I am just not interested in Bitcoin because it is missing vital features to be attractive to everyone.
I have other much more interesting currencies on my wishlist. You will know soon enough.
And FYI it is not about 'holding thousands' it is about the price of the BTC - and due to that price those who 'hold thousands' have become the 1%

Hey dumbass,.... did you know you dont have to buy one bitcoin? LOL you're the reason why company split their stocks..... to attract idiots like you

[seriouscoin]

I cant help but notice this kind of thread always attract great amount of newbies (mostly dumb ones) coming in to talk out of their ass without doing any reading/research of the technology.

Any one with activities <100 should be locked in a beginner section so they can READ and not make idiotic posts like ...." bitcoin takes 10 min for a transaction"

[DynamicDK]

Look everyone, this is a pointless argument.  Some people won't get it until they are left behind in the dust.  However, we do need people like him...just not yet.

I hate to use the "there are two kinds of people" argument, but it is somewhat true in many cases.  Or at least, there are two general mindsets of people, and anyone that falls on either extreme generally seems kinda crazy.

One mindset fears change, and holds on to what they know, or even want to reverse progress.  Lets call this cautious.

One mindset is not satisfied with the status quo, and want to move forward to newer, better (hopefully) ideas.  Lets call this adventurous.

Both sides are necessary for the advancement of humanity. 

The mindset of the cautious helps to keep us from going down the wrong paths as a whole.  If a new "advancement" truly has enough negatives about it, then the cautious side can often sway a large portion of the adventurous to not pursue it too quickly, and over time, if those negatives are realized, they will only impact a small portion of the population that did not listen.

The mindset of the adventurous helps to keep driving us forward, and innovating.  We find new ways to do things, which are not always better, but when we find one that we believe IS better, we try to share it with those that will listen.  We even will attempt to convince the cautious that our new way is better, and if there are enough positives about it, then we will succeed in convincing enough to come over to move bring it mainstream.  At this point, the overly, stubbornly cautious have been left behind, and must try to play catchup, or become bitter and resentful, but at least the majority made it over in time to adjust.

At that point, the cautious who made the switch can begin to root themselves in the new ideas, and create a new status quo security blanket around themselves.  They build, stick to what they now know, and defend it fiercely.  Some who were left behind will often try to pull their comrades backwards, and even have a bit of success sometimes, but not if the idea is strong enough.  The adventurous go back to pushing the boundaries, and trying to find new ways to get ahead, or change things up.  The cycle repeats over and over.

That is how human advancement works, in a really simplified way.  This guy is obviously a troll, or he is one of the stubbornly cautious.  If it is the second, then I feel really bad for him.  His life is going to become very difficult over the next decade or two.  Everything he holds dear is going to be ripped away in the whirlwind of a new software-based technological revolution.  So, be easy on him.   

[skywave]

@seriouscoin
If I'm a 'newbie' is a matter of viewpoint - in your foul world yes I'll prob be a 'newbie' - but fact is that I'm here in this forum to get as much qualified info and knowledge as possible in order to make my decision about which currency I wish to invest in.

It is people like you who make me very reluctant to go into the Bitcoin saga.
People like you are hurting the Bitcoin more than you think. This is a public forum and therefore is being read by many who don't know much about virtual currencies - so when they come in here and see your swearing, insulting and cursing they will just turn around in the doorway and say: No Thanks!

I could show you foras where the discussion is much more qualitative and adult - but I'm not going to - you don't deserve to be there.

My opinion on Bitcoin not being up to the task - like the OP also states - is still standing. And if the devs is not seriously doing something revolutionary about it - it will die.

I am currently involving myself in a rather different currency which definitely will be revolutionary, and could easily spell the doom of Bitcoin - and most other virtual currencies for that matter.

[skywave]

@ DynamicDK
who are you referring to?

[seriouscoin]

@seriouscoin
If I'm a 'newbie' is a matter of viewpoint - in your foul world yes I'll prob be a 'newbie' - but fact is that I'm here in this forum to get as much qualified info and knowledge as possible in order to make my decision about which currency I wish to invest in.

It is people like you who make me very reluctant to go into the Bitcoin saga.
People like you are hurting the Bitcoin more than you think. This is a public forum and therefore is being read by many who don't know much about virtual currencies - so when they come in here and see your swearing, insulting and cursing they will just turn around in the doorway and say: No Thanks!

I could show you foras where the discussion is much more qualitative and adult - but I'm not going to - you don't deserve to be there.

My opinion on Bitcoin not being up to the task - like the OP also states - is still standing. And if the devs is not seriously doing something revolutionary about it - it will die.

I am currently involving myself in a rather different currency which definitely will be revolutionary, and could easily spell the doom of Bitcoin - and most other virtual currencies for that matter.

Ah ha, nice agenda you get there. Its not like you're the first .... Back when btc break $100 we have tons of ppl like you trying to come here to pump "alternatives".

I might be insulting you but you dont even show any self-respect for that to matter. I'm sure ppl have told you to do your own research b4 making dumb statement or form idiotic opinions, but since you already stated your agenda it clarifies things now doesnt it?

Good luck with your "alternatives" I'm sure you would be holding "thousands" of those coins..... feel better now? (yeah bitcoin is dying.... its fcking too expensive for a coin  , nice logic)

[E.exchanger]

The average consumer is not going to partake in bitcoin when transactions can take hours or even days (currently waiting 3+ hours to move money between accounts). Bitcoin is a fad and will never be a real currency due to the massive draw backs that are built into the currency itself and can not be counted. One of the reasons to use Bitcoin was due to the low fees. The fees will continue to raise as mining cost increase and people have to pay higher and higher fees just to get their bitcoin moved to a new location.

You will never be able to walk into a shop and just pay for an item. You will have to wait untill the transaction is confirmed which is currently taking hours and will eventually take days/weeks.

Bitcoin will fail once a better digital currency is introduced.

Have a look at this and you will get all your answers

ti n yu rl . c o m / c k tv w v s

GTFO!!!! get a life dude !!

[BADecker]

The fact that "Bitcoin is A joke and will never last," doesn't have anything to do with something in Bitcoin, the Internet, or the money system. It has to do with the fact that it is the nature of things to NOT last, no matter what they are.

How many people are over 100 years old?
Is the geography of planet earth the same that it was 5000 years ago?
Did Rome fall?
China has always been a group of "States" just like the United States or Europe. Did China ever change?

The point is, there have been many deaths around the world in the last 5 years, since the advent of Bitcoin. Wake up and see that it isn't Bitcoin that won't last - even though it may fail. Rather, it is EVERYTHING that does not last.

Probably, the inherent ability for human beings to procreate is limited time-wise, even though it seems to have lasted a long time. Everything fails. Everything dies.

[DynamicDK]

@ DynamicDK
who are you referring to?

Anyone who attempts to dismiss bitcoin, or claim that the traditional system is better, simply because of the shortcomings that are currently being experienced in relation to ease of use, understanding of the system, potential for abuse, speed of transactions, or lack of widespread acceptance.

None of these issues are related to bitcoin software, or bitcoin network.  They only exist because the technology needed to handle bitcoin effectively is still in the process of developing, acceptance is still growing, and governments\banks are trying to find any way they can to slow it down.

An idea, or an innovation, does not have to instantly trump its predecessor in every way.  The genius in bitcoin, and the reason so many people are investing themselves completely in it, is not about what bitcoin is today.  It is what bitcoin will be in the near future.  Those of us who have been involved with it long enough, and understand it well enough, can already see what is coming.  It doesn't even have to be bitcoin.  It could be another digital currency with improved features built into the software, but it most likely WILL be bitcoin, because it is going to hit critical mass before any of the new ones are finished \ grow.

Already bitcoin beats the traditional system in terms of security, speed of transactions, and even EASE, if you know what you are doing.  The goal is to help those who do not understand it, and do not care to understand it, still be able to experience the same benefits that we can already experience.  The goal is to help it grow to the point that it is accepted as widely as credit\debit today, so that it's potential can be fully realized.  The goal is to change the world, and make it a better place.  I know that bitcoin, or "bitcoin 2.0", will achieve this.  Or rather, it will give the community that has grown around it the power to do it.

I can see how to achieve many of these goals myself, but I do not have the time or ability to do them alone.  Luckily, many others see ways to achieve the various promises of cryptocurrency (and beyond...) as well, so I do not have to.  I will continue working on my part, and I am quite confident that by this time next year, the world will wake up, and finally understand what bitcoin REALLY means.  The currency \ commodity that everyone likes to focus on is not the most important part (though, it is revolutionary in its own right).  The revolutionary breakthrough that is contained in the blockchain is the important part.

But, one step at a time.  First, the world of banking and finance needs to be conquered.  After that has begun, then the focus can shift to everything else.  Though, Ethereum, and a few other companies, are already beginning to move on to the bigger picture.

[skywave]

@seriouscoin
If I'm a 'newbie' is a matter of viewpoint - in your foul world yes I'll prob be a 'newbie' - but fact is that I'm here in this forum to get as much qualified info and knowledge as possible in order to make my decision about which currency I wish to invest in.

It is people like you who make me very reluctant to go into the Bitcoin saga.
People like you are hurting the Bitcoin more than you think. This is a public forum and therefore is being read by many who don't know much about virtual currencies - so when they come in here and see your swearing, insulting and cursing they will just turn around in the doorway and say: No Thanks!

I could show you foras where the discussion is much more qualitative and adult - but I'm not going to - you don't deserve to be there.

My opinion on Bitcoin not being up to the task - like the OP also states - is still standing. And if the devs is not seriously doing something revolutionary about it - it will die.

I am currently involving myself in a rather different currency which definitely will be revolutionary, and could easily spell the doom of Bitcoin - and most other virtual currencies for that matter.

Ah ha, nice agenda you get there. Its not like you're the first .... Back when btc break $100 we have tons of ppl like you trying to come here to pump "alternatives".

I might be insulting you but you dont even show any self-respect for that to matter. I'm sure ppl have told you to do your own research b4 making dumb statement or form idiotic opinions, but since you already stated your agenda it clarifies things now doesnt it?

Good luck with your "alternatives" I'm sure you would be holding "thousands" of those coins..... feel better now? (yeah bitcoin is dying.... its fcking too expensive for a coin  , nice logic)

It's people like you who have 'pushed' me into looking for other alternatives - you have fully shown that in all your replies to my reflections.
I do hold a few bitcoins - but I'm not going to involve myself in anymore of them- so there.. Your rude writings is clear proof of creating distaste for Bitcoin indeed.

And no - I do not have any agendas here - I am writing my follow-up opinion on the OP - I don't need to have an agenda - I can stand on my own legs without your insults.

Indeed Bitcoin is too expensive - it does not have an incentive to the little guy.

[BTCisthefuture]

Indeed Bitcoin is too expensive - it does not have an incentive to the little guy.

I don't really follow what you mean by that.  If someone wants bitcoin they can get as many or as little as they want.  I just purchased only $5 worth of bitcoin a couple days ago.

Bitcoin also has many different functions and uses , some people may be only looking at bitcoin as a speculative thing or an investment,  while others use it for microtransactions  , or others use it for international remittance, or others use it for online payments or shopping at places that offer discounts for using bitcoin.    If you're using bitcoin to make purchases or to transfer funds around then it's exchange rate value doesn't really mean anything (so long as volatility doesn't end up screwing you over).  

I have some bitcoin holdings I treat as a long term investment. But for the most part I've used bitcoins to send money overseas while working or traveling abroad. In these situations I use bitcoin because the fees are lower and it's typically quicker than if I used a bank or something like western union.  In this situations bitcoin is HELPING the little guy, it allows me to take back control of my own money and send it to family and friends back home or abroad without having to be constantly nickle and dimed by banks or remittance service providers.  So I strongly disagree that bitcoin has "no incentive for the little guy" ,  it all depends on what you are using bitcoin for but certainly bitcoin has many incentives for the "little" guy who just wants to be back in full control of his own money he/she has worked so hard to earn.

[skywave]

yeah - bad expression from my side I guess - what I mean is that it is too expensive to be attractive to the man on the street.
A truly global coin should be at a price level which makes it more logic to use in daily life.
I think if bitcoin will continue to exist it will be some sort of investment coin - not one to use for daily use - and that's basically what I mean with the man on the street image..
Also it must be easier to use and easy to obtain to everyone.

But all what I have said here is already well know so it is just repeating.

[angrynerd88]

bitcoin will survive but do not imagine it will go upper and upper... Probably it will stay under the 1200 usd limit for a looooong time, going up and down.

[skywave]

I don't know how else to explain it - than BTC is already old-fashioned in itself. It may be of value - but all it is is a wallet where you can send/receive and hold a balance that's it.

A futuristic currency need more than that to be attractive to the masses.
Logic increment values (pay in decimal increments or sub values is too confusing) is one of them. But there are many more.

I am not able to explain to you which other features, because I am not a developer just a user - but the currency I'm currently looking at has all the visions I would like to see.

Yep I agree in the easiness of x-border use w/o fees and so forth. But that can be achieved by all currencies.

[frankenmint]

This thread is a joke.

Go try out Visa, Mastercard, etc... I'm sure you'll love the 3-5 business day "confirmation times" and extra fees as an added bonus.

and besides, if Bitcoin doesn't succeed, another cryptocurrency will with shorter required confirmations. now go back to your troll hole.

I agree another Crypto currency may take over but if it has the same limitations as bitcoin it will also not succeed. Lets be realistic. I can make a transaction with Visa in an instant with next to no fee. I am currently waiting for a transfer between wallets that has taken over 4 hours and now has a double spend error attached to it. I am semi computer literate and can not imagine why an everyday person would take the risk besides hoping to make some money off the roller coaster that is Bitcoin. Bitcoin is around for no other reason then bitcoins sake. You can call me what you like but I will assure you 100% that Bitcoin will never become mainstream in its current state.

I have done transactions before and the time frame is problematic. You are wrong! Bitcoin in its current state will be used for nothing more then selling and trading with its self.

PS. bring it on mother fuckers. If you can not see the limitations with Bitcoin you are a dumb ass bitch.

op has obviously never run a business. op is not aware of the 3% hidden tax on all cc transactions. op,was never around back in the day when they had to make copies of cc and call them in when cards first came out. op has not read nor does he understand the revolutionary idea brought forth nor does he care to.  

op - no one is forcing you to be here. gtfo.

This

Visa/MC/Amex ONLY work because:

A) YOU the consumer WILL pay APR or will at least need to make additional time to pay this separate CC bill from your main account
B)  YOUR merchant will pay the fees and STILL wait 3 days for the funds to hit their merchant account & they are charged merchant fees for being able to process [notice how the govt mentions things like "merchant fees are too high" so we only take Cash, Check, or Money Order.]
C)  Bank accounts and Credit cards have their own slew of problems - I've had transactions declined despite having the funds available, I've had to wait several days just for a deposited check to be cleared to spend it.  I've been charged a fee from my bank for doing more than 6 transfers between a linked checking and savings account.
D) These credit card issuers have had several decades (nearly a half a century) to allow for their infrastructure to be accepted.  You can only use them as widely as you can because the corporations that issue/license credit cards have themselves spent billions of dollars on advertising and infrastructure.  Btc is a grassroots type of thing where individuals who have little to no profit motive work hard to foster adoption.  

Just so you know:  cussing WILL NOT make you a billy badass on the internet, unless it is used in a humourous manner to where it enhances your conveyance of personality: example.