Are You Discouraged with Bitcoin? - page 23.

jseverson

hero member

Activity: 1834

Merit: 759

Quote from: CryptoBry on December 11, 2017, 09:12:13 PM

Do you feel like discouraged about Bitcoin with this latest debacle?

Not really. I have always known about the problem, and I'm sure many others have as well. It has always been a growing concern, it's just that we're only experiencing the actual problem now (Bitcoin Cash attack doesn't count because it was artificial), which is sooner than we probably expected. I don't even think that we're too slow to solve the problem. It's not easy coming up with solutions that would work for the majority. It's just that Bitcoin has grown so much the past few months, that the development is unable to keep up.

I would still preach patience here, and even though there's nothing more I would like than mass adoption, I hope Bitcoin futures will be the last mainstream "window" for a while. Bitcoin can't handle it, and it risks ruining its reputation.

Junypn

newbie

Activity: 98

Merit: 0

I believe in bitcoins technology and i also believe it will find a way to scale and return to the good old days of cheap and fast transactions. Itll just take some time.

imstillthebest

full member

Activity: 1638

Merit: 122

no im not Discouraged with Bitcoin in fact im always thankful to bitcoin because bitcoin gave me an oppurtunity to earn a profit because im investing on it. bitcoin has helped majority of people and for sure most of those people are dont have any problems or anger about bitcoin. i believe can be improved and fixed soon because bitcoin can do amazing things and totally improved the society of economy and it can also add an innovation to the country because of its state of the art blockchain technology.

Aya1

member

Activity: 81

Merit: 10

People are encouraged to be careful of Bitcoin and other virtual currency. Any risk associated with the ownership or use of Bitcoin is borne solely by the owner or user of Bitcoin and virtual currency ...
If the bitcoin price and the cost of the hatus out at the time of the transaction, it must be followed, because it all depends on the price of bitcoin itself, so, I think it's a fair matter, and I'm not discouraged

vinz7229

full member

Activity: 308

Merit: 128

Quote from: ichwifhfz on December 11, 2017, 09:17:31 PM

On the contrary, I'm proud of Bitcoin's upbeat boarding of the Chicago Board of Trade, which I think would be even better if the blockchain problem could be completely solved.

yeah blockchain problem is a bit discouraged about bitcoin. because if theirs a lot of people putting a huge amount of bitcoin in blockchain there is a tendency that's system would crash or it work so slow. another thing is that bitcoin don't have stable price so if you have a lot of bitcoin i suggest use a right wallet were in even though bitcoin price would fall down it would not affect the volume of your bitcoin, unlike other wallet your profit would depend on how high or low each bitcoin price. so that's are the things that bitcoin would discouraged in the long run.

MD Milon

member

Activity: 406

Merit: 10

I am not think so.also I am not agree this.its encourage us.its popularity increase day by day.its value are so high.now people are so much with it.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Am I disappointed? Very. I probably sound like a broken record already, but bitcoin is really just crippled right now. Pretty much the only thing that bitcoin is alive right now is just because it's the #1 cryptocurrency and it's the cryptocurrency that gets all the media attention. If bitcoin was a top >10 coin I think bitcoin would be dead already. Sure, lightning network is coming. This will be a huge step especially for merchants to accept BTC, but I don't think this will be enough. Only time will tell, and I'm still definitely hoping for the best.

ichwifhfz

newbie

Activity: 36

Merit: 0

On the contrary, I'm proud of Bitcoin's upbeat boarding of the Chicago Board of Trade, which I think would be even better if the blockchain problem could be completely solved.

CryptoBry

sr. member

Activity: 1008

Merit: 355

The problem of scalability has reared its ugly head again this time when transactions are clogging and when we are about to experience the coming of the Bitcoin Futures. People have been expecting that soon Bitcoin can reach the mainstream with the legitimization it has been going through with the introduction of the Bitcoin Futures Contracts.

People are now strongly complaining of the shockingly high fees imposed by wallets and exchanges for the transfer of Bitcoin and this should not be ignored by those tasked with making decisions for Bitcoin. This whole thing can kill Bitcoin gradually if not given the appropriate remedy.

Do you feel like discouraged about Bitcoin with this latest debacle?

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