Bitcoin Forum
May 03, 2024, 05:18:30 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Hurray!!! Bitcoin defeated miscreants again  (Read 209 times)
Die_empty
Hero Member
*****
Offline Offline

Activity: 700
Merit: 994


Give all before death


View Profile
October 10, 2023, 03:17:37 PM
 #21


I'm happy Bitcoin shows its reliability once again and has defeated the spammers and those without good intentions. I also share to let beginners know how to calm down if a situation like this presents itself again. Bitcoin will always win.
Bitcoin was never in any battle even then, so I don't see what the win is all about, anyone that doesn't believe in Bitcoin because of the fee then was raised then they should not be in Bitcoin in the first place. I think newbies should be more aware about how the transactions works I don't this some people actually don't want to pay those fees but they aren't aware that the higher the fee the quicker the transactions would be.
You are correct that bitcoin is not competing with any organisation because it is unique. However the clogging of the Mempool that increased the backlog of unconfirmed transactions was indeed a concern to the community. Marketing bitcoin to people became a problem because one of the cardinal benefits of using the currency is low transaction fees. Some people even started a media war targeted at undermining the adoption of the coin by telling the public that bank transaction charges are now cheaper.

This news is a positive one that will make awareness programs easier because the world needs alternatives that will be better than what conventional financial institutions offer. This is indeed a lesson not only to newbies but to bitcoiners who just experienced this event for the first time. There is always a need to avoid FUD and always follow your investment plans.

1714756710
Hero Member
*
Offline Offline

Posts: 1714756710

View Profile Personal Message (Offline)

Ignore
1714756710
Reply with quote  #2

1714756710
Report to moderator
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714756710
Hero Member
*
Offline Offline

Posts: 1714756710

View Profile Personal Message (Offline)

Ignore
1714756710
Reply with quote  #2

1714756710
Report to moderator
1714756710
Hero Member
*
Offline Offline

Posts: 1714756710

View Profile Personal Message (Offline)

Ignore
1714756710
Reply with quote  #2

1714756710
Report to moderator
Dr.Bitcoin_Strange
Hero Member
*****
Offline Offline

Activity: 574
Merit: 514


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
October 10, 2023, 11:22:40 PM
 #22

Yeah, some days ago, I did a transaction in which I only spent $0.06 fee. It's really good how the transaction fee has dropped so drastically, and I am surprised that there have not been a lot of different topics regarding this issue from users, like the way almost everyone was complaining and creating different topics some months ago when the transaction fee of Bitcoin spike. Some people were even criticizing the Bitcoin transaction fee, as though it's going to stop people from transacting with Bitcoin. Even some so-called Bitcoiners, probably people who have not even invested in Bitcoin before complained. Now, I am not seeing so much appreciation for how low the fee has dropped. I can't tell how happy I am about this.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Antotena
Sr. Member
****
Offline Offline

Activity: 350
Merit: 295



View Profile
October 11, 2023, 06:23:24 AM
 #23

Yeah, some days ago, I did a transaction in which I only spent $0.06 fee. It's really good how the transaction fee has dropped so drastically, and I am surprised that there have not been a lot of different topics regarding this issue from users, like the way almost everyone was complaining and creating different topics some months ago when the transaction fee of Bitcoin spike. Some people were even criticizing the Bitcoin transaction fee, as though it's going to stop people from transacting with Bitcoin. Even some so-called Bitcoiners, probably people who have not even invested in Bitcoin before complained. Now, I am not seeing so much appreciation for how low the fee has dropped. I can't tell how happy I am about this.

It's a short term wave that will eventually die of with time, people were just thinking ordinals were the next place to get quick money as usual but were all disappointed how it didn't last upto a quarter of a year. I don't know why they decided to put such thing to bitcoin but the creativity is useless in my opinion, those domestic garbage ordinals are better off to ERC and other layers of blockchain because I see them as meme that are trying to corrupt bitcoin system.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
stompix
Legendary
*
Offline Offline

Activity: 2884
Merit: 6284


Blackjack.fun


View Profile
October 11, 2023, 09:27:01 AM
 #24

But come to think of it, even at 2sat/vB, we still have over 28,100 unconfirmed transactions, maybe some people don't want to pay any fee at all...lol.

You just described what a phyric victory this is!

So it's not that much about the code or the people defeating ordinals, which still get minted even as we speak but a complete loss in demand for block space,  and think of the numbers that some claim, tes and hundred of millions of so-called "users" and without ordinals you don't have more than 120k in the last days willing to spend or transfer coins!

There was no battle, both sides just decided to return home!

Now for another moment. Everyone is waiting for bitcoin mass adoption and widespread distribution of the bitcoin, when they will pay for it left and right, when there will be a very big user base.

Not going to happen, almost everyone is just waiting for a moment to sell at huge return, once the ordinal fomo truly goes down and not even 1sat/b ones are mined then you will see half empty blocks just like before February, the usage is simply not there, the p2p features has just been forgotten and the focus has shifted to investment.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!