Bitcoin and blockchain doomed, or a real-world opportunity in 2016?

Kprawn

legendary

Activity: 1904

Merit: 1074

The opportunity in Bitcoin for 2016 will be picking up all the cheaper coins when they become available. We will not see these cheap prizes for a while after the Halving. The

competition coming from the banks and their private ledgers will become heated, but the people will soon see the difference between a glorified "Mainframe" and a proper

decentralized trust-less public network {Bitcoin Blockchain} The real value is not the technology, but rather in the way you implement it and what the public wants. Wink

HeroCat

hero member

Activity: 658

Merit: 500

Next for Bitcoin is that because of transaction time it will develop altcoin market, and also can loose some value Wink

foxbitcoin

sr. member

Activity: 593

Merit: 250

You are Mike Hearn's followers! It doesn't matter! Many ppl have different opinions and you can dump Bitcoin! Some ppl are picking up your dumped coins! The price is bouncing back a bit! Bitcoin will go through this tediou block increase debate! You will regret today's decision!

7788bitcoin

legendary

Activity: 2282

Merit: 1023

I still believe in the power of decentralisation of bitcoin protocol. Bitcoin is growing and these are the perfect challenges to allow non-believers to realise what bitcoin actually is.

swan77

newbie

Activity: 44

Merit: 0

Mike Hearn abandoned working on bitcoin to go and work on a private blockchain the banks want developing. The banks pay his wages now so his opinion is biased towards supporting their private blockchain project, and attacking bitcoin. Mike Hearn's opinion is paid for by the banks and not reliable.

WENGER

sr. member

Activity: 274

Merit: 250

Negative rating was requested by me (SFR10)

I don't think anything would change even after Mike Hearn left it since AFAIK developers have to follow the things Satoshi put a note on since he did everything in advance so other developers would have to follow it until the end and no harm has been made, even if some leave.

BTCBinary

hero member

Activity: 504

Merit: 500

Bitcoin and blockchain be doomed, or a real-world opportunity in 2016?

Analysis: Speculation rife around the cryptocurrency's future after outburst from key developer.

Bitcoin is doomed. Over centralised. Under powered. Fundamentally flawed. That, at least, is the view of Mike Hearn, who until recently was a prominent developer in the cryptocurrency who has abandoned working on it to focus on other things, as he sees the problems and insurmountable.

It leaves the questions, where next for bitcoin?

Topic: Bitcoin and blockchain doomed, or a real-world opportunity in 2016? (Read 430 times)