BITCOIN IS DEAD! PoW FAILURE! ENERGY COLLAPSE!

[Bitcoin SV]

The big decline in Bitcoin price lately is not caused by the crisis of energy, but it is something normal happening during the bearish season. Don't mislead us!!

Bearish season is main reason? Hellooooo McFLy, anybody home? Bearish season is caused by the energy crisis

ETHEREUM swithing to the POS due to energy crisis. BTC will be next

If I may ask you this if you believe the Bearish season was caused by the Energy crisis as you claimed, what caused all the previous bearish seasons? same Energy crisis?

Where do these toddlers come from? Previous bearish season is caused by chinese bitcoin ban

So you would prefer if BSV was more costly than Bitcoin, if BSV was worth it, don't you think they would be whales Investing in it too to manipulate the market as you claim?

You take it wrong. I was complaining about how expensive bitcoin is, not about why our coin is not worth the same

Our advantage is cheap transactions. Why do we need expensive transactions?

[NotATether]

Our advantage is cheap transactions. Why do we need expensive transactions?

Because your disadvantage is that I can simply collect hundreds of terabytes of disk space, run more than half of all the BSV nodes, and censor any transaction I want by making a longer chain.

[samuraijin]

When the price of bitcoin matches the price, it's legal, paying for gas costs is so cheap, but if the price of bitcoin drops then gas costs must be cheaper, don't make it expensive like ETH gas costs, the last few years have been very disappointing with ETH gas costs which does not live up to everyone's expectations..

[Bitcoin SV]

So - Bitcoin is not dead.

So - Bitcoin is dead. I am not agree with you

Our advantage is cheap transactions. Why do we need expensive transactions?

Because your disadvantage is that I can simply collect hundreds of terabytes of disk space, run more than half of all the BSV nodes, and censor any transaction I want by making a longer chain.

Then we will release a technical update - and all will be OK

If there’s no energy for BTC, there won’t be energy for anything

Our currency does not need so much energy. We have a large blocks. We will survive if BTC will die

[Anonylz]

There is no point wasting time talking with Craig wright wannabe because all he wants is some relevance to shitcoin bitcoin sv that has been forgotten a long time ago.
Bitcoin sv belongs to the trash and will remain there. If bitcoin is so dead you won't be here arguing about it, how many people are talking about bsv? non because it is really dead.

[Bitcoin SV]

Why everybody loves bitcoin? This is not fair

Sorry but this shit cannot worth even 19000$. BTC is overvalued

People love Bitcoin with their own heart, because they have seen the reality of Bitcoin and what Bitcoin will do in the future to humanity and to the societies.

Wow, I was wrong, not everyone loves bitcoin. Now I see how bitcoin is destroying societies



https://cryptopotato.com/massive-anti-bitcoin-protests-fill-streets-el-salvador

[wagmi]

BITCOIN IS DEAD!

In direct response to your BSV Altcoin lies, I have published

Some say Bitcoin is dead but Bitcoin is not dead

You should really educate yourself by reading my publication.


But make no mistake: BSV is a stupid and useless Altcoin!

[JaimeAlejandro]

If there’s no energy for BTC, there won’t be energy for anything, in which case you won’t need to worry about BTC or ETH.

But there is no lack of energy. There is lack of intelligence and abundance of malice: the one the US is using to strangle the EU, governed by servants of the US empire of injustice, who are playing the same cards of the French Bourbons (they lost the head in the game) against UK during the independence of the US. US promoted, first, a coup the tat in 2014 in Ukraine to incite this Russian invasion, plus US never respected the deal not to increase NATO with former Warsaw Pact countries, right after the fall of the Berlin Wall. Second, US is promoting the most insidious campaign against Russians, only comparable to the campaign against Jews started in the Czarist Russia that, later, moved on to Central Europe to finish in the Holocaust. In this case, Russia has the means to defend themselves (it was not the case of the Jews), and the US, which could not win a war against a country of plain sheep herders (Afghanistan), will not win this war either.

Once this is clear and massive protests erupt in Europe, their governments will tumble down or Europe will finish in a total war. I really think this is the real purpose of the US, which went from total bankruptcy in the late XIX century to accumulate 75 % of world total capital (it was gold then) at the end of WWII. I don’t think it was done on purpose back then, but I think it is now. US want to repeat this massive theft. In any case and for the rest of the world (“F the EU” as Victoria Nuland said, and more if they are a bunch of idiots), energy trade will resume to normal. So there will be planty of electricity for BTC mining. 

Respecting to BTC, its value resides precisely in the fact that it is a POW technology, and that it has a limit of emission, which ETH lacks (another fiat currency as any other one based in the multiplication of units). It is a proven mathematical and economic theorem that any money based on the unlimited multiplication of its units, its value tends to cero over the time (the pathetic case of ETH). On the contrary, any money based on the subdivision of units which total amount cannot be multiplied (the case of BTC), its value tends to increase with only one limit: wealth over the crust of the Earth.

It does not matter any other ETH utility might have. Many things have crucial utility (water, oxygen, etc.), and its abundance invalidates those material substances to be used as money. The ETH defenders lack the understanding of what money is, which is something you do not learn programming computers. They need to study economics profoundly. This is the main difference between BTC and ETH creators. Whoever Satoshi Nakamoto were, they knew about cryptography, programming, computing, and economics. These ETH guys do not understand economics. Even Isaac Newton, in the 1700 knew then more than these guys know now.

Maybe they should start with this interview to economist Saifedean Ammous to understand the real value of BTC as money: https://podverse.fm/es/episode/m3jJcVzOl.

We’ll see sometime in the future who is right and who is wrong.

Good luck, everyone.

[Pierre 2]

I don't exactly understand why people are overhyped about energy and raw materials crisis. It was obvious that our hyper financialized world was too "virtual" and its turning into more realistic one (real estate, land, energy -oil & gas- are the most important assets now) But its not gonna completely kill finances. Finances will adapt. Bitcoin will as well. Bitcoin will also find better options. Becoming POS is not as bad idea as people assume.

[Bitcoin SV]

I don't exactly understand why people are overhyped about energy and raw materials crisis. It was obvious that our hyper financialized world was too "virtual" and its turning into more realistic one (real estate, land, energy -oil & gas- are the most important assets now) But its not gonna completely kill finances. Finances will adapt. Bitcoin will as well. Bitcoin will also find better options. Becoming POS is not as bad idea as people assume.

Hey, BTC prices are correlated with USA stock market. If there is a crisis in the oil and gas sector, then bitcoin is also fucked

[NotATether]

Our advantage is cheap transactions. Why do we need expensive transactions?

Because your disadvantage is that I can simply collect hundreds of terabytes of disk space, run more than half of all the BSV nodes, and censor any transaction I want by making a longer chain.

Then we will release a technical update - and all will be OK

LOL. If you kick off people's nodes or alter the chaintip then it will cease being a decentralized currency - you'll just be semi-centralized like Ethereum.

[Bitcoin SV]

https://en.wikipedia.org/wiki/Cryptocurrency_bubble#Bitcoin

[NotATether]

https://en.wikipedia.org/wiki/Cryptocurrency_bubble#Bitcoin

Sure, they said that about the internet, smartphones, and even media such as Star Wars and Spiderman. BTC is no different.

You can bet your sats that if those guys are still alive when Bitcoin adoption becomes blockbuster they will walk back their words.

[JaimeAlejandro]

Bitcoin will also find better options. Becoming POS is not as bad idea as people assume.

The USD, the EUR and all the rest of fiat money are already since long ago digital currencies and POS. Where is the innovation? POW is the innovation. This is like inventing the print in the Middle Ages and having people saying we should go back to scribe monks. There is no innovation in POS.

[Tony116]

I don't exactly understand why people are overhyped about energy and raw materials crisis. It was obvious that our hyper financialized world was too "virtual" and its turning into more realistic one (real estate, land, energy -oil & gas- are the most important assets now) But its not gonna completely kill finances. Finances will adapt. Bitcoin will as well. Bitcoin will also find better options. Becoming POS is not as bad idea as people assume.

Hey, BTC prices are correlated with USA stock market. If there is a crisis in the oil and gas sector, then bitcoin is also fucked

I still don't understand what you mean here. Why is bitcoin affected if there is an oil crisis? I agree that bitcoin and cryptocurrencies are part of the financial market, so it will have a certain correlation with the stock market. But what does the oil and gas crisis have to do with here are you talking about the oil and gas crisis that will cause a global economic crisis? If that's the case then no wonder. Once the economic crisis hits, everything will be affected.

[JaimeAlejandro]

The support for his “argument” is the picture of a “genius” (Elon Musk)! Yes, the “genius” that bought BTC throughout his company, Tesla Motors, in 2021 to sell it one year later with a 45 % loss. Yes, what a genius! It is really funny to hear and read there won’t be electricity to mine BTC but, yes, it will be there to run a Tesla prototype (is not yet a car and with that technology, it will never be).

[Coin BTC]

no, it looks like Bitcoin will not die if it does die I don't believe in this, but I admit that now Bitcoin is indeed in a bad state and the Bitcoin price offer is indeed low, but to assume that Bitcoin will die is not true.

[Victorik]

The title was very catchy. It catch my attention, but upon reading further, I was convinced that the OP is just an attention seeker trying to shill it's own coin.

The whole world is not at a brink of any way. That there is a war in a certain region of the world doesn't mean that the whole world is at war.

You wish for BTC to die, but apparently, that can't never happen. Enough of wishful thinking.

[Bitcoin SV]

All I see, is a group of doomed bitcoin-hodlers calming each other by naively mantra "BITCOIN IS NOT DEAD, BITCOIN IS NOT DEAD"

Welcome to the true reality stupid hamsters. BITCOIN IS DEAD. He can't survive on PoW. And ardent defenders of BTC & other BTC maximalists will not allow BTC to switch to PoS. This is an end of Bitcoin Era

Bitcoin is a fossil. Somebody get back that dinosaur at the museum

[Moeda]

Bitcoin won't survive this time. PoW + energy crisis 2022 = BTC Crash