Polycoin
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May 09, 2014, 03:05:39 PM |
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Bitcoin is a JOKE OF A CURRENCY.
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Polycoin Troopers, Assemble!
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Polycoin
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May 09, 2014, 06:33:13 PM |
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bitcoin is dead...
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Polycoin Troopers, Assemble!
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gary08
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Activity: 11
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May 10, 2014, 06:21:17 AM |
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This is a great joke which will turn your life change in future.
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jc01480
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May 10, 2014, 07:09:35 AM |
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Bitcoin must survive as it is an ideal of US Democracy. Americans don't fuck around.
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CryptoniteToSuperman
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Activity: 83
Merit: 10
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May 10, 2014, 10:32:28 AM |
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Bitcoin was great for opening the doors for cryptocurrencies, but it needs to step aside soon. Second generation coins, NXT, NEM etc. overcome Bitcoin, at least one of them will, because of lots of features and no Ghash mining needed. Those are more like platforms where you can build allkinds of apps and functions not being just coins. Also no 51% attack worries.
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LostDutchman
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May 10, 2014, 10:40:02 AM |
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Bitcoin was great for opening the doors for cryptocurrencies, but it needs to step aside soon. Second generation coins, NXT, NEM etc. overcome Bitcoin, at least one of them will, because of lots of features and no Ghash mining needed. Those are more like platforms where you can build allkinds of apps and functions not being just coins. Also no 51% attack worries. You could well be correct.
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oureptsC
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May 10, 2014, 11:47:43 AM |
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Transactions takes few seconds, first confirmation takes less than 10 minutes usually, Bank Deposits take DAYS to confirm. I don't see bitcoins so unpractical or anything.
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rikkie
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May 10, 2014, 11:50:16 AM |
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Hope bitcoin stays forever. Hope it will grow and grow and convince more and more people to use it.
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mmitech
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Activity: 1148
Merit: 1001
things you own end up owning you
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May 10, 2014, 11:51:40 AM Last edit: May 10, 2014, 12:07:26 PM by mmitech |
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I think that people who have heard about Bitcoin and dismissed it will have the most regret, this is why I wont comment on the OP, after sometime he will see the success but by then regret will kill him.
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Soros Shorts
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Activity: 1617
Merit: 1012
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May 10, 2014, 12:02:23 PM |
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Bitcoin was great for opening the doors for cryptocurrencies, but it needs to step aside soon. Second generation coins, NXT, NEM etc. overcome Bitcoin, at least one of them will, because of lots of features and no Ghash mining needed. Those are more like platforms where you can build allkinds of apps and functions not being just coins. Also no 51% attack worries. I've never liked the concept of POS currencies because the stakeholders have all the power and control and don't need to fight to defend it. With POW miners at least have to keep constantly improving to maintain control. That is more dynamic.
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cahirlet
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May 10, 2014, 12:14:14 PM |
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Bitcoins don't really need any confirmation to operate. People often use third party merchant services. These services does not require any confirmation or waiting time.
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CryptoniteToSuperman
Member
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Activity: 83
Merit: 10
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May 10, 2014, 03:19:26 PM |
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Bitcoin was great for opening the doors for cryptocurrencies, but it needs to step aside soon. Second generation coins, NXT, NEM etc. overcome Bitcoin, at least one of them will, because of lots of features and no Ghash mining needed. Those are more like platforms where you can build allkinds of apps and functions not being just coins. Also no 51% attack worries. I've never liked the concept of POS currencies because the stakeholders have all the power and control and don't need to fight to defend it. With POW miners at least have to keep constantly improving to maintain control. That is more dynamic. Stakeholders can't afford to vote for changes that makes ordinary users unhappy, because ordinary users could easily stop using that currency and pick up some other. It leads to lower value so stakeholders then loosing their wealth.
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jkljb
Member
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Activity: 107
Merit: 10
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May 11, 2014, 08:19:44 PM |
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Bitcoin was great for opening the doors for cryptocurrencies, but it needs to step aside soon. Second generation coins, NXT, NEM etc. overcome Bitcoin, at least one of them will, because of lots of features and no Ghash mining needed. Those are more like platforms where you can build allkinds of apps and functions not being just coins. Also no 51% attack worries. I've never liked the concept of POS currencies because the stakeholders have all the power and control and don't need to fight to defend it. With POW miners at least have to keep constantly improving to maintain control. That is more dynamic. Not exactly, at least 2000 there Bitcoin addresses with over a thousand outside those belonging to the same owner. http://bitcoinrichlist.com/top100PoW is a business for ASIC manufacturers only. If you can keep the network secure spending practically nothing of Energy. - Bitcoin is still the best investment today, can not say the same tomorrow. - Riple is centralized, but the good thing is that it has no tail stuck with a government. - NXT was unevenly distributed but contains important innovations with pure asset exchanges and PoS. - Ethereum must contain smart contracts and feasibility of implementing apps. - NEM contain PoI (Proof of Interest), colored coins and other extra features. There is no war weapons (ASICs) but war between Devs. Who creates the best currency?
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Polycoin
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May 20, 2014, 03:04:34 PM |
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Bitcoin is the worst investement you can possibly make. It's dead already.
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Polycoin Troopers, Assemble!
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bassguitarman
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May 20, 2014, 07:22:19 PM |
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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.
Exactly. 0-Conf txs are not risky for your average cafe. I'm sure you would understand waiting for a bank transfer before handing someone your car
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Bibop
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May 20, 2014, 11:01:00 PM |
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So what are you doing here?
got his point and most of the people will think like that right now and the fact that most of the world don't accept dramatic changes in their lives is the main cause why people are not rich. someday you might think different my friend, hope it wont be late
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acs267
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May 20, 2014, 11:03:45 PM |
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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.
Bitcoin isn't a real currency? You're writing surely said something different.
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RodeoX
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The revolution will be monetized!
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May 21, 2014, 05:48:56 PM |
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OMG, it's alive again! Run!!!!
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TaunSew
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May 21, 2014, 05:53:22 PM |
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There's like 300 coins now and they're technically all better but Bitcoin remains king.
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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bluemeanie1
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May 21, 2014, 08:40:30 PM |
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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.
and it will fail after the initial investor insiders exit the system. you're 100% right there is NO WAY that we can affordably sustain all this Proof of Work nonsense for much longer. They may have to include Color Coins in order to(try to) stay on top of NXT but this will make things MUCH more complex and will not solve the basic problems that have been discussed many times. -bm
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