That could be the case, but right now a bitcoin is still worth $600. I will still invest in it but we all know that it is a risky investment and shouldn't put all of out money into it.
The price of bitcoin is a great justification that bitcoin is not destroyed, what I see is that bitcoin is very profitable when it comes to investment nowadays because people are coming in to adopt with the new digital currency that is going to be big in the future. 
Topic: Bitcoin IS basically DESTROYED - page 11. (Read 47260 times)
Bitcoin is basically destroyed now with 70% of the mining controlled by China, soon to be 98+%, and with Blockstream implementing their SegWit soft fork Trojan Horse so as Matonis admits can end up increasing the 21 million coins limit.
The entire ecosystem is headed for a clusterfuck.
The entire ecosystem is headed for a clusterfuck.
I honestly believe this is the truth. What is there to add ?
~CfA~
UPDATE: https://bitcointalksearch.org/topic/m.14789764
How long this China empire will reign?
I'm sure in the future someone will break this and well, always will have someone "controlling" the mining...
Bitcoin is basically destroyed now with 70% of the mining controlled by China, soon to be 98+%, and with Blockstream implementing their SegWit soft fork Trojan Horse so as Matonis admits can end up increasing the 21 million coins limit.
The entire ecosystem is headed for a clusterfuck.
The entire ecosystem is headed for a clusterfuck.
I honestly believe this is the truth. What is there to add ?
~CfA~
UPDATE: https://bitcointalksearch.org/topic/m.14789764
How long this China empire will reign?
I'm sure in the future someone will break this and well, always will have someone "controlling" the mining...
Bitcoin is basically destroyed now with 70% of the mining controlled by China, soon to be 98+%, and with Blockstream implementing their SegWit soft fork Trojan Horse so as Matonis admits can end up increasing the 21 million coins limit.
The entire ecosystem is headed for a clusterfuck.
The entire ecosystem is headed for a clusterfuck.
I honestly believe this is the truth. What is there to add ?
~CfA~
UPDATE: https://bitcointalksearch.org/topic/m.14789764
That could be the case, but right now a bitcoin is still worth $600. I will still invest in it but we all know that it is a risky investment and shouldn't put all of out money into it.
Really?/ Why people said that? Do china even destroy bitcoin? No! It couldn't be. We saw bitcoin that has potential to grow more than that we think. Bitcoin will long last until 100 years.
The Chinese have more interest in protecting the bitcoin. They are biggest miners in the world. Mining has made them lots of profits.
Really?/ Why people said that? Do china even destroy bitcoin? No! It couldn't be. We saw bitcoin that has potential to grow more than that we think. Bitcoin will long last until 100 years.
these threads pop up way too much around here. bitcoin isnt going to die anytime soon. the amount of investment into bitcoin is far too great for it to die so suddenly.
you are right, it is funny how people think that it is actually dead while it is getting only biggerThose people who thinks that bitcoin is dead are the haters of bitcoin because they can't accept the fact that bitcoin is fast growing type of crypto currency. So instead of supporting bitcoins what they are doing is keep on destroying the reputation of bitcoin and keep informing the people that it is already destroyed, spreading wrong news.
May I know whos this haters you are talking about? I can't see some reasons why people hate bitcoin to the point they will destroy the reputation the bitcoin. Bitcoin reputation can't be taken down easily. If it's just average person who keeps talking non sense about bitcoin then it may not affect much bitcoin even at less percentage.
Also even people will spread wrong news, it's up to listeners if they will believe.
these threads pop up way too much around here. bitcoin isnt going to die anytime soon. the amount of investment into bitcoin is far too great for it to die so suddenly.
you are right, it is funny how people think that it is actually dead while it is getting only bigger
Nakamoto has made the bitcoin to have a limited supply, if for some reason those core just ignore those and remove the limit, halving wont make any sense anymore, a solution must be found till 2100 without affect bitcoin, otherwise it will die and some other altcoin will pick its place.
these threads pop up way too much around here. bitcoin isnt going to die anytime soon. the amount of investment into bitcoin is far too great for it to die so suddenly.
the day the coin limit is removed is the day that bitcoin is destroyed and that is a fact but that will never happen what would be the incentive, it would more than half the price over night maybe even more.
I can not believe it happened, and I hope it will not happen. bitcoin is something important today, than to be destroyed is better developed into something better. I feel there is more that can bitcoin do with things that are positive, so much I do not believe it
This is a FUD Thread.
After some discussion, we find it is fud. So people will see through it and find that the bitcoin has more potential.
People noticed it was FUD by the end of the first few pages, so if people could stop bumping the FUD and let it fade into obscurity where it belongs, that would be great.
Doesn't quite fit on the usual 'That would be great' meme pic, sadly.
I can not believe it happened, and I hope it will not happen. bitcoin is something important today, than to be destroyed is better developed into something better. I feel there is more that can bitcoin do with things that are positive, so much I do not believe it
Like Roombot says, it's fud, solely intended to scare users which is a thing that is happening here on bitcointalk more and more.
The only thing you should do is to ignore the thread and this op. Because bitcoin is nowhere near being destroyed.
I can not believe it happened, and I hope it will not happen. bitcoin is something important today, than to be destroyed is better developed into something better. I feel there is more that can bitcoin do with things that are positive, so much I do not believe it
This is a FUD Thread.
After some discussion, we find it is fud. So people will see through it and find that the bitcoin has more potential.
The miners are in china because china has the best possible electricity bill because they have the best position in the planet to become miners, so it's understandable that most of the mining happens there. Instead of complaining about chinese centralization, what we should do is find ways to compete against them. If I was rich I would already be doing it.
That's why some ppl hate Chinese very much. They only think about themselves and money. bitcoin will killed by those greedy miners
Wow, strong language. Sounds like the issue is yours.
Greedy?
They have invested more into the network than any other group.
They also BUY more BTC than any other group, hands down, keeping the price high. View world BTC buys here, in real time: www.fiatleak.com
We should thank them.
I can not believe it happened, and I hope it will not happen. bitcoin is something important today, than to be destroyed is better developed into something better. I feel there is more that can bitcoin do with things that are positive, so much I do not believe it
Like Roombot says, it's fud, solely intended to scare users which is a thing that is happening here on bitcointalk more and more.
The only thing you should do is to ignore the thread and this op. Because bitcoin is nowhere near being destroyed.
I can not believe it happened, and I hope it will not happen. bitcoin is something important today, than to be destroyed is better developed into something better. I feel there is more that can bitcoin do with things that are positive, so much I do not believe it
This is a FUD Thread.
I can not believe it happened, and I hope it will not happen. bitcoin is something important today, than to be destroyed is better developed into something better. I feel there is more that can bitcoin do with things that are positive, so much I do not believe it
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