The towel is in the ring.

[BitCoinNutJob]

Most bitcoin transactions are of criminal nature.

lol good one, do you have any statistics which prove this statement ?

[bitcon]

BTC

[smoothie]

Most bitcoin transactions are of criminal nature.

lol good one, do you have any statistics which prove this statement ?

Of course not. Presenting the facts are nearly impossible unless they are involved in ALL of the criminal transactions that use BTC...

 

[2dogs]

OMG, not another one of these threads....

[kwukduck]

I love the argument that backing development is just slow and bog changes are upon us.
However true that may be, the market is already fckd up as it is, a hard fork will be the killing blow for bitcoin, it will likely cause the biggest panic sale we have ever seen in this market.

[BlindMayorBitcorn]

I love the argument that backing development is just slow and bog changes are upon us.
However true that may be, the market is already fckd up as it is, a hard fork will be the killing blow for bitcoin, it will likely cause the biggest panic sale we have ever seen in this market.

Ripple is SHIT

[johnyj]

QE has stopped, no new money injection, everything's price will go down. But we will see other area be impacted first, I think it will start with raw material and energy sector and spread into other manufacturing industry, finally end products like house/car etc...

Soon FED will have to restart the QE to prevent the next gigantic crash of everything and this time all the money will first go into bitcoin, let's wait and see 

[NotHatinJustTrollin]

...the next gigantic crash of everything and this time all the money will first go into bitcoin, let's wait and see  

Sure, there is blood in the streets and the first thing people think about is putting what they have in a free falling joke currency.

Of course.


Because if you still didn't get it, the Cyprus bail-outs (for example) were just hype excuse for a bitcoin pump&dump. Pretty much nobody from Cyprus actually started putting money in fucking bitcoin.

[redhawk979]

I think the biggest threat at the moment isn't price, but the potential impending fork (if Gavin has his way). There's a good chance a decent portion of miners will not upgrade, causing major issues.

[VoR0220]

While I agree on the POW and lack of scalability, I do think that two projects are working on some great solutions that can very easily be integrated into the Bitcoin source code if the miners will let them. They are DPOS from Bitshares, and the scalability solutions using patricia trees that is being used with Ethereum. These two projects are game changers when it comes to cryptocurrency and if Gavin doesn't implement anything they put in when it is shown that these methods work, I think Bitcoin will go the way of Napster and die (I don't understand why everything has to go through bitcoin...if the infrastructure works for bitcoin, chances are it'll work for other cryptocurrencies).

[r0ach]

While I agree on the POW and lack of scalability, I do think that two projects are working on some great solutions that can very easily be integrated into the Bitcoin source code if the miners will let them. They are DPOS from Bitshares, and the scalability solutions using patricia trees that is being used with Ethereum. These two projects are game changers when it comes to cryptocurrency and if Gavin doesn't implement anything they put in when it is shown that these methods work, I think Bitcoin will go the way of Napster and die (I don't understand why everything has to go through bitcoin...if the infrastructure works for bitcoin, chances are it'll work for other cryptocurrencies).

Reputation based decentralized systems aren't exactly grand slam upgrades, it's removing some attack vectors and creating others....

With PoW, you have to worry about pools colluding.  With DPOS, you have to worry about if half the delegates are really only 1 guy with little ability to find out since reputation can be gamed without much difficulty.  It's a pseudo-expendable resource, not a real one.  DPOS scales better, but it's more dangerous all around.  It's also not inclusive to the population in general.  Anyone can become a Bitcoin miner without an invitation, which is why it's succesful.  DPOS is a closed system.

[freequant]

The fundamentals are still intact.™

Bitcoin is virtual boy betamax laser disc the Internet... and... bitcoin is technology that is backed by maths and so therefore it cannot possibly fail.

^ that, I'm still HODLing a large stock of x25 adapters and 14.4kbps modems. FUDers can fud all they want about DSL and optic fiber replacing dialup: they are just pissed because they missed the dialup train.

[freequant]

I love the argument that backing development is just slow and bog changes are upon us.
However true that may be, the market is already fckd up as it is, a hard fork will be the killing blow for bitcoin, it will likely cause the biggest panic sale we have ever seen in this market.

Ripple is SHIT

Microsoft is shit.
Coca Cola is shit.
Javascript is shit.
The US dollar is shit.
Pop music is shit.

The world isn't fair, sorry.

[Paashaas]

Because if you still didn't get it, the Cyprus bail-outs (for example) were just an hype excuse for a bitcoin pump&dump. Pretty much nobody from Cyprus actually started putting money in fucking bitcoin.

Noob, it's not about the Cyprus ppl but the fact ppl around the world dont trust this fiat scam + corrupt goverments.

[NotLambchop]

Because if you still didn't get it, the Cyprus bail-outs (for example) were just an hype excuse for a bitcoin pump&dump. Pretty much nobody from Cyprus actually started putting money in fucking bitcoin.

Noob, it's not about the Cyprus ppl but the fact ppl around the world dont trust this fiat scam + corrupt goverments.

Cypriots only trust Bitcoin scam



Images courtesy of NeoBee, Bitcoin's premiere bank.

[Elwar]

Please tell me why you invest still?

I don't invest, I convert.

[smalltimer]

bitcoin is a shitcoin with mental disorder and dillusions of grandeur.

The hard-fork issue shows:

-nobody cares about  decentralisation
-nobody cares about the wider userbase
-nobody cares about consensus
-bitcoin is malicious and fearful towards altcoins  
-the bitcoin community is greedy as hell

Time to burry it. I have started to boycott it because it has failed already with the high inflation and i perceive it as cancerous to the wider altcoin industry. Lunatics thinking it would be worth more than the current cap are just that, lunatics.
It is overhyped and overvalued and has fully lost its way. It's in no way what it should have been.
The fork-issue and long bearmarket has shown us the real face of that community.
I convert my btc to alts and fiat. Fork you!

Bitcoin needs to end. Crypto can not evolve or even survive with bitcoin in place. It needs to go.

People need to demand the end of bitcoin and start to boycott it. It's time.

[kwukduck]

I agree.
Bitcoin has become pretty much the opposite from what it stood for initially.
I can only hope people will realize they are getting scammed and invest in the NXT best coin.

[Pecunia non olet]

we should launch a campaign asking for everyone to put in their signature "boycott bitcoin"

[inca]

Last three posts are the most obvious altcoin shilling troll posts I have seen for a bit. Jesus.

we should launch a campaign asking for everyone to put in their signature "boycott bitcoin"

I agree.
Bitcoin has become pretty much the opposite from what it stood for initially.
I can only hope people will realize they are getting scammed and invest in the NXT best coin.

bitcoin is a shitcoin with mental disorder and dillusions of grandeur.

The hard-fork issue shows:

-nobody cares about  decentralisation
-nobody cares about the wider userbase
-nobody cares about consensus
-bitcoin is malicious and fearful towards altcoins  
-the bitcoin community is greedy as hell

Time to burry it. I have started to boycott it because it has failed already with the high inflation and i perceive it as cancerous to the wider altcoin industry. Lunatics thinking it would be worth more than the current cap are just that, lunatics.
It is overhyped and overvalued and has fully lost its way. It's in no way what it should have been.
The fork-issue and long bearmarket has shown us the real face of that community.
I convert my btc to alts and fiat. Fork you!

Bitcoin needs to end. Crypto can not evolve or even survive with bitcoin in place. It needs to go.

People need to demand the end of bitcoin and start to boycott it. It's time.