The recent discussion about the hardfork (
https://bitcointalk.org/index.php?topic=919629.0) and this long bearmarket has brought several things to light:
-Bitcoin suffers from high inflation and is unable to maintain its value. This makes it unfit for use in daily business, slows adoption and makes it very volatile and a psychological terror for many people
-The bitcoiners (especially the bigger bagholders) in large parts suffer delusion of grandeur thinking it would take over the world or at least pretending to think it in order to draw in noobs and rob them of their money (transfer their wealth to miners and early investors)
- Bitcoin is wasteful. The high inflation leads to a too large and centralised mining industry consuming huge amounts of electricity and money.
- Bitcoin actively holds down alternative currencies and with this slows down progress and real innovation (bitcoins only concern in regards of innovation seems to be to keep the upper hand over alts and with this behaviour ensure the latecomers not get a thing from joining the cryptomovement and are forced to use btc instead to make the large bagholders rich while preventing everyone who joined later to make profit at all. So bitcoin is anti fair distribution and an elitist shitcoin)
- The fork-issue has shown large parts of btc bagholders have become so arrogant they want to get rid of the consensus and don't care anymore about decentralisation
- Bitcoin does not care about the little man, it's all about that small cabale that was around at launch.
Bitcoin has become the cancer of cryptocurrency and holds back progress and surpresses the entire altcoin industry. It is a scam for early adopters and miners to get rich of
YOUR money by hyping it up to the point of telling people 10million$ for a coin would be realistic. This is a get rich quick mentality and often times misleading marketing (comparison to gold while it is inflationary more than fiat) and bitcoin looks very, very much like a ponzi right now.
If you feel the same or agree with some of these points or have other fundamental critique on btc i would invite you to join the campaign for boycott. Feel free to put a statement of protest/boycott into your signature and stop using it. Use altcoins instead and demand from exchanges tradingpairs with other coins as basecurrency.
Bitcoin needs to be canceled. It has nothing to do anymore with the original idea of cryptocurrency.
Thank you for your attention and time.
I hardly can read all those bullshit concentrated in so few lines. And what makes me laugh is that these are supported only by newcomers/newbies.
Bitcoin inflation is limited and planned, so you can take your decisions based on this.
Bitcoin potential is huge and sooner or later everyone will realize it. Bagholders are not bagholders, they are just people who already realized that.
The large mining industry behind bitcoin makes it the most safe cryptocurrency existing. Every other cryptocurrency can be attacked very easily by just one large miner.
Probably you don't even understand what's behind the "hard-fork", and moreover, if people don't want it, they just need to mine elsewhere and it will never reach consensus. If you like it different, it's easy for you to wirte your own cryptocurrency, if it's really better, everybody will switch to it.
Last but not least, any market when it becomes interesting, gets invaded by big whales, no matter what, they can shake the entire ecosystem unless it's already huge.
So ... I just think you are complaining because you missed the bandwagon.
