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Author Topic: Is bitcoin dead?  (Read 110806 times)
RealBitcoin
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September 11, 2015, 12:36:35 PM
 #661

there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?

what is this better technology? don't tell me ethereum or maidsafe, they are akin to a rehash of an old attempt to a decentralized internet, called freenet

I dont think those coins are really promising.

Monero has a great innovation in terms of anonymity.

Bytecoin has better security and faster and more efficient network than bitcoin in all terms.

NXT, BURST, NEM, HZ, COUNTERPARTY has a whole economy,stock market,marketplace & more integrated in a decentralized fashion.

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September 11, 2015, 01:24:10 PM
 #662

there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?

what is this better technology? don't tell me ethereum or maidsafe, they are akin to a rehash of an old attempt to a decentralized internet, called freenet

As long as the coin evolves, it does not matter if the technology is old now.

bitcoin is open source, so it will get its required updates with time. as long as the bitcoin network is growing we don't have to worry about anything. mining farms are still popping up and are investing in renewing their equipment.
yeah and we can see theres so many newbie, so its mean that more people will now recognize what bitcoin and their curiosity will now find a way to know what is bitcoin all about and they are interested to earn money.
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September 11, 2015, 03:09:35 PM
 #663

i think bitcoin can survive for decades or centuries imo
it still just facing issues now as what i can see Smiley
i agree,bitcoin is here to stay for a long long time  Shocked
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September 12, 2015, 11:30:57 AM
 #664

i think bitcoin can survive for decades or centuries imo
it still just facing issues now as what i can see Smiley
i agree,bitcoin is here to stay for a long long time  Shocked
Yeah its 5 years old now and it will last for a decades and not only a year. Ad its our future currency and it will not be die. Don't believe to those people who say that bitcoin is dead.
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September 12, 2015, 05:37:28 PM
 #665

there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?

what is this better technology? don't tell me ethereum or maidsafe, they are akin to a rehash of an old attempt to a decentralized internet, called freenet

I dont think those coins are really promising.

Monero has a great innovation in terms of anonymity.

Bytecoin has better security and faster and more efficient network than bitcoin in all terms.

NXT, BURST, NEM, HZ, COUNTERPARTY has a whole economy,stock market,marketplace & more integrated in a decentralized fashion.

You really want to believe all that crap? And that altcoins prices are based on innovation or utility? Lets be honest here, any altcoin can become huge for no reason in a short time, what is so innovative or good about dogecoin? Nothing, yet is always at the top of altcoins.

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September 12, 2015, 06:27:38 PM
 #666

there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?

what is this better technology? don't tell me ethereum or maidsafe, they are akin to a rehash of an old attempt to a decentralized internet, called freenet

I dont think those coins are really promising.

Monero has a great innovation in terms of anonymity.

Bytecoin has better security and faster and more efficient network than bitcoin in all terms.

NXT, BURST, NEM, HZ, COUNTERPARTY has a whole economy,stock market,marketplace & more integrated in a decentralized fashion.

all altcoin, monero also, only include a small feature that differentiate them from bitcoin, they are still clone and nothing more

every features they have can be integrated easily in bitcoin, i don't see innovation as it was with bitcoin
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September 12, 2015, 06:35:31 PM
 #667

there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?

what is this better technology? don't tell me ethereum or maidsafe, they are akin to a rehash of an old attempt to a decentralized internet, called freenet

I dont think those coins are really promising.

Monero has a great innovation in terms of anonymity.

Bytecoin has better security and faster and more efficient network than bitcoin in all terms.

NXT, BURST, NEM, HZ, COUNTERPARTY has a whole economy,stock market,marketplace & more integrated in a decentralized fashion.

You really want to believe all that crap? And that altcoins prices are based on innovation or utility? Lets be honest here, any altcoin can become huge for no reason in a short time, what is so innovative or good about dogecoin? Nothing, yet is always at the top of altcoins.

You touch here on a very interesting topic. That is, if there is nothing dramatically innovative (or extraordinary good) about Dogecoin, then why is it always at the top? The answer is rather straightforward, it is fast, it is simple, and it is cheap both transaction and price wise...

In short, it is pretty damn usable

Bardman
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September 12, 2015, 06:45:29 PM
 #668

there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?

what is this better technology? don't tell me ethereum or maidsafe, they are akin to a rehash of an old attempt to a decentralized internet, called freenet

I dont think those coins are really promising.

Monero has a great innovation in terms of anonymity.

Bytecoin has better security and faster and more efficient network than bitcoin in all terms.

NXT, BURST, NEM, HZ, COUNTERPARTY has a whole economy,stock market,marketplace & more integrated in a decentralized fashion.

You really want to believe all that crap? And that altcoins prices are based on innovation or utility? Lets be honest here, any altcoin can become huge for no reason in a short time, what is so innovative or good about dogecoin? Nothing, yet is always at the top of altcoins.

You touch here on a very interesting topic. That is, if there is nothing dramatically innovative (or extraordinary good) about Dogecoin, then why is it always at the top? The answer is rather straightforward, it is fast, it is simple, and it is cheap both transaction and price wise...

In short, it is pretty damn usable

Usable on what, do people buy food or things with dogecoins? Maybe a few people here and there but the majority of people that have dogecoins right now dont.

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September 12, 2015, 06:48:36 PM
Last edit: September 13, 2015, 07:49:49 AM by deisik
 #669

I dont think those coins are really promising.

Monero has a great innovation in terms of anonymity.

Bytecoin has better security and faster and more efficient network than bitcoin in all terms.

NXT, BURST, NEM, HZ, COUNTERPARTY has a whole economy,stock market,marketplace & more integrated in a decentralized fashion.

You really want to believe all that crap? And that altcoins prices are based on innovation or utility? Lets be honest here, any altcoin can become huge for no reason in a short time, what is so innovative or good about dogecoin? Nothing, yet is always at the top of altcoins.

You touch here on a very interesting topic. That is, if there is nothing dramatically innovative (or extraordinary good) about Dogecoin, then why is it always at the top? The answer is rather straightforward, it is fast, it is simple, and it is cheap both transaction and price wise...

In short, it is pretty damn usable

Usable on what, do people buy food or things with dogecoins? Maybe a few people here and there but the majority of people that have dogecoins right now dont.

Do people already buy foods or things with Bitcoin (on a large scale)? What did I miss?

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September 12, 2015, 06:52:30 PM
 #670

there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?

what is this better technology? don't tell me ethereum or maidsafe, they are akin to a rehash of an old attempt to a decentralized internet, called freenet

I dont think those coins are really promising.

Monero has a great innovation in terms of anonymity.

Bytecoin has better security and faster and more efficient network than bitcoin in all terms.

NXT, BURST, NEM, HZ, COUNTERPARTY has a whole economy,stock market,marketplace & more integrated in a decentralized fashion.

You really want to believe all that crap? And that altcoins prices are based on innovation or utility? Lets be honest here, any altcoin can become huge for no reason in a short time, what is so innovative or good about dogecoin? Nothing, yet is always at the top of altcoins.

You touch here on a very interesting topic. That is, if there is nothing dramatically innovative (or extraordinary good) about Dogecoin, then why is it always at the top? The answer is rather straightforward, it is fast, it is simple, and it is cheap both transaction and price wise...

In short, it is pretty damn usable

Usable on what, do people buy food or things with dogecoins? Maybe a few people here and there but the majority of people that have dogecoins right now dont.
I have never seen any good use really come from dogecoin myself either. It seems to be no different than Bitcoin other than perhaps mining is easier. Still, there are better altcoins to mine.

Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
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September 12, 2015, 06:58:40 PM
 #671

I have never seen any good use really come from dogecoin myself either. It seems to be no different than Bitcoin other than perhaps mining is easier. Still, there are better altcoins to mine.

Dogecoin is perfect for speculation and arbitrage (buy here, sell there), though quite harsh on the cardiovascular system

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September 12, 2015, 08:15:28 PM
 #672

As long as Bitcoin XT is along the way, Bitcoin will die (if it turns out a success)  Smiley

Bitcoin XT is already a thing of the past. Everyone is looking at BIPs to change Core but not at XT. Everyone want sto stay with Core no matter what. XT has rendered itself a massive failure and just a failed trojan horse attack. Let's hope that in the meeting to scale Bitcoin we can come to some conclusion.
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September 12, 2015, 08:22:44 PM
 #673

As long as Bitcoin XT is along the way, Bitcoin will die (if it turns out a success)  Smiley

Bitcoin XT is already a thing of the past. Everyone is looking at BIPs to change Core but not at XT. Everyone want sto stay with Core no matter what. XT has rendered itself a massive failure and just a failed trojan horse attack. Let's hope that in the meeting to scale Bitcoin we can come to some conclusion.

In that case, that's good to hear. I hope the block size limit issue gets improved/fixed on Core. Still, Bitcoin needs to improve in order to compete with Visa which can support an average of about 2000 TPS. But that is something we might see sometime in the future  Smiley

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silverleafy
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September 12, 2015, 10:03:53 PM
 #674

Bitcoin is now in a flat phase, I am confident that things are going to start picking up sometime next year. Bitcoin just needs some rest before all the craziness that's gonna ensue before during and after the upcoming halving. It's far from dead.

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September 13, 2015, 01:30:34 AM
 #675

i can not see any sigh of death of bitcoin because after very short time mining blocks reward values are going to halve and more miners will join the network to take the best advantage they could and as we know more miners means more better transaction and it is eventually make the bitcoin system more strong
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September 13, 2015, 08:34:11 AM
 #676

i can not see any sigh of death of bitcoin because after very short time mining blocks reward values are going to halve and more miners will join the network to take the best advantage they could and as we know more miners means more better transaction and it is eventually make the bitcoin system more strong

This cannot be known. If to many join the network the difficulty will increase very fast and the earnings will be less (because of half of amount in a block). I cannot made predictions. The only sure prediction is that bitcoin will never dead. There will be always one way to go ahead with it.
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September 13, 2015, 10:48:46 AM
 #677

I have never seen any good use really come from dogecoin myself either. It seems to be no different than Bitcoin other than perhaps mining is easier. Still, there are better altcoins to mine.

Dogecoin is perfect for speculation and arbitrage (buy here, sell there), though quite harsh on the cardiovascular system

But you could say the same about any other altcoin, even bitcoins. As i said, sometimes it´s just quite random with cryptos, they are not really sustained by real life things so their price is not fixed to anything

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September 13, 2015, 11:37:34 AM
 #678

I have never seen any good use really come from dogecoin myself either. It seems to be no different than Bitcoin other than perhaps mining is easier. Still, there are better altcoins to mine.

Dogecoin is perfect for speculation and arbitrage (buy here, sell there), though quite harsh on the cardiovascular system

But you could say the same about any other altcoin, even bitcoins. As i said, sometimes it´s just quite random with cryptos, they are not really sustained by real life things so their price is not fixed to anything

No, I can't. You would get a dozen TX confirmations within a few minutes for Dogecoin, and only a few (or just one) within an hour for Bitcoin. Further, you would pay about 100 satoshi (1-2 doges) for a Dogecoin transaction, and 10,000 satoshi for a Bitcoin one...

Feel the difference

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September 13, 2015, 11:51:44 AM
 #679

Also, there is another feature which distinguishes Dogecoin from almost any other coin. If you trade, you would know it. If you don't, then you simply can't make any statements in this regard (that wouldn't be unfounded), sorry

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September 13, 2015, 02:31:00 PM
 #680

i can not see any sigh of death of bitcoin because after very short time mining blocks reward values are going to halve and more miners will join the network to take the best advantage they could and as we know more miners means more better transaction and it is eventually make the bitcoin system more strong

This cannot be known. If to many join the network the difficulty will increase very fast and the earnings will be less (because of half of amount in a block). I cannot made predictions. The only sure prediction is that bitcoin will never dead. There will be always one way to go ahead with it.
If too many join to the network? the difficulty will increase very fast, thats wrong because the difficulty is increase if the miner solve the problem fast. although the difficulty increase they have a asic mining software they can mine fast even if the difficulty is increases.
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