Bitcoin is A joke and will never last.

[Neis234]

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.

[bmanzzs]

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.

[Elwar]

OP is a one percenter trying to keep us all in the 99%.

[DubFX]

Wow, are you living in fantasy world OP? Your arguments sound stupid i'm sorry..

[Neis234]

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.

[xDan]

OP has fell into a small muddy hole and is now complaining that the whole world is made of mud.

[Mowcore]

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.

So you come here to tell us this when all you really had to do was not give a single fuck. I think this post should not be about Bitcoin but rather, about you.

What's up buddy? Is life really that shit for you atm?

[Truecoin]

Op is a joker?

[elavenil]

BTC is a serious business for many people, sites like wordpress.com, namecheap, are accepting bicoin.
Transaction delay can be solved with software update.
If i want to withdraw money from paypal i have to wait 4 days to reach my bank account.
But with BTC within one day i will receive through localbitcoins.com.

[linuxnewbie]

It's catching on in high-inflation countries like Argentina.

[TIEro]

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.

Look back at Visa/Mastercard and so on. Remember the days when it was all swipes with paper records, sent to processing centres and typed in by people? As acceptance spread and the tech got better, the service got better. Now we've reached the "instant cash" point where everyone uses cards instead of paper money. And it's headed towards not even having cards.

Bitcoin's new. Of course it's got problems. But the desire to have a worldwide currency that isn't based on gold reserves or held by some fat cat in a bank who could decide to lose it all for you is very strong... give it time and it'll get better and faster. The wider it's accepted, the quicker that will happen.

[seriouscoin]

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.

wow what a dumb fuck

[EvilPanda]

Obvious troll is obvious Where's that newbie section?

[runam0k]

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.

WTF? There are already shops you can go into and buy things instantly with bitcoins. Shops don't need confirmations except, perhaps, for very large transactions. If they can see that you've paid the correct amount to the correct address, plus a nominal network fee, 0 confirmations is just fine.

As point of service tech develops, the experience will become faster and seemless.

Bitcoin TX fees are and will always be much, much lower than the fees paid today every time you use VISA, Mastercard, etc (you do know that merchants pay the 2-3% fee for you, right?).

I predict merchants that accept bitcoins will simply offer a discount for those paying in bitcoins. 1% for now (because they will likely use a payment processor like BitPay) and 2-3% once the market is mature and merchants can hold/use their bitcoins and/or properly hedge their exposures.

Please bring the n00b jail back.

[max.]

With technology everything changes, look at mobile phones, tablets, cars, etc.

For example 15 years ago people use a slow modem to access the internet and right now almost all people use dsl and high speed mobile phones.

If companies are really interested in bitcoin they will build some amazing technology and everything you see right now will be very different, you will be able to transfer bitcoins instantly without issues and more.

The big issue I see with bitcoin is that governments don't like it, that is slowing everything and in the future maybe they will build a new digital currency with more advantages than bitcoin or build better tech with that coin.

[cypherdoc]

Pay the OP dumbfuck no mind.

[davidpbrown]

Some people have no imagination for anything different than what they are already familiar with. Some people are scared of change of course too. Some old style activity should fear Bitcoin.

Also, a lot of people only consider Bitcoin as some form of currency or electronic gold but I suspect its real depth, will be in its ability to enable trade. Bitcoin2.0 MSC; PTS; XCP; NXT; NEM all very exciting.

Progress is Good.

[DGulari]

I can make a transaction with Visa in an instant with next to no fee.

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

Fucking idiots will never get it no matter how you explain it to them.  Don't bother trying.

[cryptasm]

Weak troll.....very weak.

My bank takes 5 working days to 'process' a cheque, yet bitcoin transactions are usually processed within an hour or two.

[Jomppe]

Ladies and Gentleman, WorldCoin is the solution. The transaction is fully confirmed in 60 seconds (sometimes even in 30 seconds).
People have not noticed the coin yet though.... 
Everybody screams "BITCOIN BITCOIN" and WorldCoin is forgotten pearl.