We are losing Bitcoin.Bitcoin had its 15 minutes of fame We are losing our dream

[steeev]

Bitcoins doomed! Please give me some. 

Fuck off.

( ha ha! )

This...

[OROBTC]

...

Well, this 58 yr old guy is going to hang in with Bitcoin.  Unless they get stolen...

And my 81 yr old ma does email.

 

 

[Joshuar]

The OP is 100% correct, Bitcoin is dead.

So please send all of your BTC to me and I will dispose of it properly.


19vWUsLH7G6yQH484r3n1GodLEoLivWHJg



~BCX~

Send all your BTC to me at: 1MYpNKj25HRBFpv22YpuZsuz2zZHKBLUur and I'll recycle it into a different cryptocurrency, thereby using less resources and reducing harm to the environment to a minimum, unnlike Xpress over here who'll just pile up on the BTC in a garbage heap, taking up computer power and energy.

[jonald_fyookball]

am society. I hate to say it but we need the other 90% of the world involved in bitcoin.If we do not correct this a lot of us have just wasted years of our lives we spent devoted to bitcoin.
I don’t want to hear my family members and friends say you wasted your time on the longest running scam and Ponzi scheme. Because that’s what people will say about us if bitcoin fails. I call to you brothers and sisters to come together. We see values when no one did. We had the foresight and intellect to pursue the new and exciting. Let’s not go quality into the irrelevant dark corners of the earth. Let’s move forward

Wasted years of your life?  You make it sound like youve invested thousands of hours in something.  What are you doing over there?

Come together by sending you coins?  It would better way to come together to send coins to Dorian.

[trustnobody]

pessimistic ideas are spreading all over the Internet, we all better stop thinking like that cause it really can badly affect the market

[EndTheFed321]

If you think btc is done please send it to me
I`ll make sure spend it through the fed`s web site 

[Nathonas]

Math-based currencies are here to stay.  Whether Bitcoin will be a part of it or not, remains to be seen.  You make the very point I made many months ago, how can you seek mass adoption, while seeking to be completely disconnected from the masses?     Me thinks it won't work but at least the tech is here so regardless, the world is still moving toward a better financial place.

Bitcoin is good enough and secure enough, it still needs some active development though. What truly is required is strong infrastructure which is truly lacking

Yeah this is the major point. People will flock in masses when the infrastructure is in place to make bitcoin truly 100% convenient. We know it already is more convenient than fiat in many instances but it needs more to really outshine credit cards. This takes time - it's been what 5 years now? But we need more time.

[Zangy]

The very best ideas are around encouraging/helping all businesses to accept BTC or other crypto's as payment.

Then you will start SLOWLY and GRADUALLY seeing widespread adoption....

Paying for your coffee with a thumbprint, smartphone or at least a QR code imprinted on the back of your BTC payment card... that's how you get the masses adopting when they see this stuff happening...

[Swordsoffreedom]

Were still in the starting line it's not even a few feet out yet so there really is a long way to go
And if it retains fame instead of having 15 minutes only then that's the real destination

[Nagle]

All the big Bitcoin players are corrupt, and with the largest exchange, Mt Gox, closing the doors with hundreds of millions stolen from clients, that does not help matters. It's one bad news story after another.

This.

Anonymous, remote, irrevocable money transfers are the con man's dream. This makes Bitcoin a scammer magnet. Look at all the Ponzi schemes promoted on this board.

[Bonio]

I'm not sure where its all going. 18 months ago I looked at it as a possible scam as I didn't understand it. So I tried to educate myself. 6 months ago I started mining which I still do.

I'm an IT professional so I would think more tech an PC competent than many of the population yet I have found it a steep learning g curve. Which doesn't bode well for bitcoins mass adoption.

I lost a small ammount at Gox. Before all the tossers start banging on about I should have known better; I'm new to this, I was just buying some btc and not storing on there. I foolishly sent Butterfly Labs money for a newer miner, again a big mistake.

I worry a out keeping my btc safe, I only have about 1.5. I wouldn't keep that much fiat in the house. If it were in a real bank it would be safe. Another big problem with BTC. How do you keep it safe and insured against loss or theft?

So for me now I won't be getting any more. I feel fatigued with all the crap that surrounds Bitcoin. I'll keep mining but I feel I'm wasting too much energy and time trying to learn about Bitcoin and keep what little I have safe. I will keep an eye on its progress though in whichever direction it may go.

Just my 2p.

[gollum]

I think it's positive long term the hype goes down and instead is replaced with real progress based on technical development and a growing ecosystem of merchants accepting crypto currencies.

[jubalix]

when I see threads like this, I buy bit coin, it going to do another 10x.

[mgburks77]

Here's the issue as I see it,

The general public is never going to look at a form of currency "as their dream". If you try and turn this movement into something that only attracts people who don't have much to live for and are consequently looking for answers in fanatically belonging to a culture group then of course it is going to turn off the mainstream.

They simply don't care about any of that, they just want comforts and convenience.

Bitcoin is a social project of sorts, but it has a basis in technical innovation not as a support system for "looking for answers". I realize that sometimes the line separating these two elements is fuzzy but this project will not succeed unless it provide something useful for the society at large, rather than things that are only of interest to a very small and uninfluential, yet very idealistic, segment of the population.

I don't get the feeling the inventor of this implementation did it out of altruism. I think he did it either for a political reason, or if actually working alone, for personal reasons. So I don't think the view that "satoshi is watching over us" is very insightful or much more than an example of a limited perspective.

The kind of mind that can create something like this isn't going to be interested in watching out for the welfare of random individuals and probably doesn't even relate well to people he is very familiar with.

[corebob]

Can we stop bashing the OP, and start growing up instead?

What we need is to make it viable to use bitcoin where people live.
That means being able to both earn them and spend them for everyday items and groceries

[jubalix]

Here's the issue as I see it,

The general public is never going to look at a form of currency "as their dream". If you try and turn this movement into something that only attracts people who don't have much to live for and are consequently looking for answers in fanatically belonging to a culture group then of course it is going to turn off the mainstream.

They simply don't care about any of that, they just want comforts and convenience.

Bitcoin is a social project of sorts, but it has a basis in technical innovation not as a support system for "looking for answers". I realize that sometimes the line separating these two elements is fuzzy but this project will not succeed unless it provide something useful for the society at large, rather than things that are only of interest to a very small and uninfluential, yet very idealistic, segment of the population.

I don't get the feeling the inventor of this implementation did it out of altruism. I think he did it either for a political reason, or if actually working alone, for personal reasons. So I don't think the view that "satoshi is watching over us" is very insightful or much more than an example of a limited perspective.

The kind of mind that can create something like this isn't going to be interested in watching out for the welfare of random individuals and probably doesn't even relate well to people he is very familiar with.

the solution that bit coin provides is hard to underestimate on so may front
[1] Unsiezable wealth, this has never occurred in human history. Prior to this, some one could always take you money/house/gold, shares whatever away from you and use it themselves. Bitcoin no.

[2] Adaptive tech. Being open source makes is easy to adapt to a new environment. Most other tech not like thus alt all.

[3] The only competition for state actors. No company is out there producing competing currency to the state

[4] Unlimited transfer of wealth. You can transfer any amount of wealth to anyone in the world any time

[5] Distributed Autonomous Corporation via the block chain et.al. The first new no state issued form of organisation of capital and labour in 100 years or so, and a seminal one at that.

[6] Possibly the most vibrant community in the world, just look at alts. Say what you may but there is an evolutioar process going on in their that make moores law look passé

[7] The state in its current form will not survive the bit-coin protocol, we have seen a 1 million x devaluation of the USD in the last 5 years alone. Fiat can't survive this again and again.

[Bonio]

Jubalix all valid points but that doesn't mean that Bitcoin will ever make it to the big-time.

Point one you make isn't strictly true either many of us have had our BTC 'seized' by Gox. If anyone gets access to your private keys your money is lost.

It is far too easy to lose BTC, far easier than to lose fiat currency and when its gone its gone. If I get mugged going to the shops I actually have insurance that will refund me up to $300 of loss of cash. If the bank I use goes bust my government will refund me.

I really believe these things need to be resolved before 'Joe Public' will use Bitcoin instead of fiat, unless; they have a very good reason to such as Cyprus Argentina etc.

I'm not knocking it, I'm concerned for it. All the bad press recently has made people aware of it but in a bad way.

I think BTC will become the standard currency of migrant workers, and quite rightly so. Other than that all I have done by using it is lost value recently, due to my ineptitude perhaps but until it becomes fool proof (yes im the fool ) then I think it has an uphill struggle.

[panck4beer]

Statues and flags, lol

Try putting effort in something important for Bitcoin like hardware wallets or decentralized exchange, the statues and flags media attention will last very shortly and does not help Bitcoin to be much more usefull

[Bonio]

I heard a podcast probably LTB the other day and they were discussing a decentralised exchange that is being created by a British team, it did sound like it might solve one of Bitcoins problems, that is  how can people get it safely.

[Draino]

As long as Karpeles faces the criminal charges he deserves (negligence or otherwise), I'd say bitcoin will be just as strong as ever in short order.

And if he doesn't, that just means bitcoin has "made it."  Watch all the other billion-dollar fraudsters hop on board.