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Author Topic: Bitcoin is becoming obsolete.  (Read 4035 times)
beetterer1
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March 31, 2014, 01:10:51 PM
Last edit: April 11, 2014, 09:50:20 AM by beetterer1
 #21

Bitcoin will NEVER be obsolete. It's too deeply etched into history for that to happen. Because it's a protocol for asset transfer without 3rd party trust.

Neither will some of the alt-coins, for that matter. I'm talking about Litecoin, Vertcoin, Quarkcoin, Peercoin, Namecoin, in particular. They all have their uses and contexts.
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March 31, 2014, 01:18:26 PM
 #22

I prefer my eggs scrambled, not scratched.

Ouch!
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March 31, 2014, 01:31:22 PM
 #23

I prefer my eggs scrambled, not scratched.

Ouch!
Grin

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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March 31, 2014, 01:37:17 PM
 #24

It would be nice to see a distributed exchange and some faster developments sometimes, but calling BTC obsolete is a bit of an exaggeration.
Calling cryptocurrency obsolete in 2014 is like calling electricity obsolete in 1755.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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March 31, 2014, 01:46:03 PM
 #25

another altcoin advertisment with no intelliagent arguments to say how nxt is any better.

especially when the main coders of nxt, copy and pasted over 90% of the protocol, and just added layers on top.
this make people dependant and centralising their trust to one program.

instead of multiple programs, multiple services. giving the people freedoms and choices. so nxt is worse then the foundation.

and just like the whole DOGE scenario.. (pretending DOGE would be valued higher then litecoin) it now sits at under 200sat price point.

nxt and doge both have no retail merchant adoption of any large scale, no transference to fiat in any practical way..

and after a few months the mainy developers move on..

altcoins have yet to find a actually provable use that can sustain itself beyond 3 months of hype. which puts them all into a category of pump and dumps

the only xception to that rule is Hullcoin which appears to be getting local support from retailers and from local government of that area, which should power bitcoins adoption, by using Hullcoin as the sandbox trial for proper mainstream use.


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March 31, 2014, 02:27:26 PM
 #26

Why would become obsolete, I do not think so outdated.

Everything becomes obsolete. I'm sure cash will and I'm sure Bitcoin will, even if Bitcoin replaces cash eventually.
agree,bitcoin always outdated.
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March 31, 2014, 02:50:26 PM
 #27

Damn you autocorrect

http://www.gifvideo.com.br/wp-content/uploads/2012/03/gif-animado-urso.gif

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March 31, 2014, 02:59:56 PM
 #28


Haha, so was it scratching your legs?

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March 31, 2014, 03:12:34 PM
 #29

Nxt, ethereum and 2nd generation coins could damage bitcoin if developers continue sleeping. Only time will tell, however we may be attent
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March 31, 2014, 03:28:43 PM
 #30

Bitcoin will never become obsolete.

Maybe you mean the technology behind Bitcoin will never become obsolete.

And even that is debatable. Sataoshi Nakamoto was a brilliant man but he is no longer involved.
There are other brilliant minds in the world who are working on similar technologies. Now and in the future.

The best is yet to come.

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March 31, 2014, 03:42:22 PM
 #31

another altcoin advertisment with no intelliagent arguments to say how nxt is any better.

especially when the main coders of nxt, copy and pasted over 90% of the protocol, and just added layers on top.
this make people dependant and centralising their trust to one program.

instead of multiple programs, multiple services. giving the people freedoms and choices. so nxt is worse then the foundation.

and just like the whole DOGE scenario.. (pretending DOGE would be valued higher then litecoin) it now sits at under 200sat price point.

nxt and doge both have no retail merchant adoption of any large scale, no transference to fiat in any practical way..

and after a few months the mainy developers move on..

altcoins have yet to find a actually provable use that can sustain itself beyond 3 months of hype. which puts them all into a category of pump and dumps

the only xception to that rule is Hullcoin which appears to be getting local support from retailers and from local government of that area, which should power bitcoins adoption, by using Hullcoin as the sandbox trial for proper mainstream use.



DOGE is actually the 1# in transactions activity. Actually the only coin that normal people may know outside nerd circles.

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March 31, 2014, 05:23:55 PM
 #32


DOGE is actually the 1# in transactions activity. Actually the only coin that normal people may know outside nerd circles.
But nobody uses DOGE outside a subset of Bitcoin users. You have a point though, that Bitcoin needs massive marketing to become known.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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March 31, 2014, 05:27:40 PM
 #33

DOGE is actually the 1# in transactions activity. Actually the only coin that normal people may know outside nerd circles.
DOGE is also a fiat currency SCAM.

http://trilema.com/2014/why-dogecoin-is-a-scam-why-the-people-pushing-it-are-assholes-why-business-insider-is-a-contemptible-piece-of-shit-why-anyone-who-ever-worked-for-it-will-be-dancing-in-the-street-for-nickels-and-wh/

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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March 31, 2014, 05:41:50 PM
 #34

What does 'scratching the eggs' mean?

Easter's coming

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March 31, 2014, 05:53:07 PM
 #35

Sure, Bitcoin might become obsolete one day. But to be honest, I think the alt coin to accomplish this has yet to be created.

The direct Bitcoin / Litecoin forks bring only neglible innovation to the table and are more of an experimental playground right now (as much as I love DOGE).

The so called 2nd gen of alt coins, or IPO coins if you will, I'm still highly skeptical of. They all sound good in theory, and I have a lot of respect for what these devs are trying to accomplish, but there's still a long way to go until one can make any estimates about these protocols feasibilities. I'm afraid most of these projects will suffer from trying to solve too many problems at once. But we'll see. I'm looking forward to see what the future brings.

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March 31, 2014, 07:08:02 PM
 #36

I think we are all forgetting something, and that is one of the qualities that gives value to something is that it lasts. Gold doesn't corrupt. Diamonds likewise. We would not consider Bitcoin valuable if it was only a temporary thing. One of the inherent qualities that gives Bitcoin value is that it isn't going anywhere. Nobody would invest in it if a year from now it would be outdated and undervalued. Either Bitcoin is here to stay, or we are all wasting our resources.

I think the temptation is to say: "It's too hard to mine BTC, let's make a better coin that is easier to mine." However something easier to mine is far less valuable.
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March 31, 2014, 07:15:18 PM
 #37

If you honesly believe bitcoin will become obsolete then you shouldnt be here, this site of the believers of new money.  We are the people and we say what goes not the banks and our governments, we have to all stand together against there takedown on bitcoin.  They fear it, so lets roar!!!

+1 so should everyone else on this forum...
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March 31, 2014, 10:30:05 PM
 #38

What does 'scratching the eggs' mean?

Huevos rancheros!

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March 31, 2014, 10:31:23 PM
 #39

lol wtf is this?

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March 31, 2014, 10:37:34 PM
 #40

What does 'scratching the eggs' mean?

it means you scratch your eggs  Grin  which one of your eggs I have no idea Huh

It means scratching your balls

This made me laugh out Cheesy
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