Topic: Bitcoin is becoming obsolete. (Read 4013 times)
See you all in the year 2200 when this thread becomes relevant again! Look for the brain in the robot body (paid for in BTC)!
Bitcoin will NEVER be obsolete. It's too deeply etched into history for that to happen. Because it's a protocol for asset transfer without 3rd party trust.
Neither will some of the alt-coins, for that matter. I'm talking about Litecoin, Vertcoin, Quarkcoin, Peercoin, Namecoin, in particular. They all have their uses and contexts.
Neither will some of the alt-coins, for that matter. I'm talking about Litecoin, Vertcoin, Quarkcoin, Peercoin, Namecoin, in particular. They all have their uses and contexts.
DOGE is actually the 1# in transactions activity. Actually the only coin that normal people may know outside nerd circles.
DOGE is also a fiat currency SCAM.http://trilema.com/2014/why-dogecoin-is-a-scam-why-the-people-pushing-it-are-assholes-why-business-insider-is-a-contemptible-piece-of-shit-why-anyone-who-ever-worked-for-it-will-be-dancing-in-the-street-for-nickels-and-wh/
I don't always agree with him, but I love reading Mircea's blog.
It would be nice to see a distributed exchange and some faster developments sometimes, but calling BTC obsolete is a bit of an exaggeration.
Calling cryptocurrency obsolete in 2014 is like calling electricity obsolete in 1755.Btc and litecoin forever
OP is now officially obsolete. 
I would like to see zerocoin implemented, makes sense with whats going on in the US.
Quote
Promoting a bad altcoin such as Nxt?
ya, bad move, noone will go for it 
What does 'scratching the eggs' mean?
it means you scratch your eggs
which one of your eggs I have no idea 
It means scratching your balls
This made me laugh out
lol wtf is this?
What does 'scratching the eggs' mean?
Huevos rancheros!
If you honesly believe bitcoin will become obsolete then you shouldnt be here, this site of the believers of new money. We are the people and we say what goes not the banks and our governments, we have to all stand together against there takedown on bitcoin. They fear it, so lets roar!!!
+1 so should everyone else on this forum...
I think we are all forgetting something, and that is one of the qualities that gives value to something is that it lasts. Gold doesn't corrupt. Diamonds likewise. We would not consider Bitcoin valuable if it was only a temporary thing. One of the inherent qualities that gives Bitcoin value is that it isn't going anywhere. Nobody would invest in it if a year from now it would be outdated and undervalued. Either Bitcoin is here to stay, or we are all wasting our resources.
I think the temptation is to say: "It's too hard to mine BTC, let's make a better coin that is easier to mine." However something easier to mine is far less valuable.
I think the temptation is to say: "It's too hard to mine BTC, let's make a better coin that is easier to mine." However something easier to mine is far less valuable.
Sure, Bitcoin might become obsolete one day. But to be honest, I think the alt coin to accomplish this has yet to be created.
The direct Bitcoin / Litecoin forks bring only neglible innovation to the table and are more of an experimental playground right now (as much as I love DOGE).
The so called 2nd gen of alt coins, or IPO coins if you will, I'm still highly skeptical of. They all sound good in theory, and I have a lot of respect for what these devs are trying to accomplish, but there's still a long way to go until one can make any estimates about these protocols feasibilities. I'm afraid most of these projects will suffer from trying to solve too many problems at once. But we'll see. I'm looking forward to see what the future brings.
The direct Bitcoin / Litecoin forks bring only neglible innovation to the table and are more of an experimental playground right now (as much as I love DOGE).
The so called 2nd gen of alt coins, or IPO coins if you will, I'm still highly skeptical of. They all sound good in theory, and I have a lot of respect for what these devs are trying to accomplish, but there's still a long way to go until one can make any estimates about these protocols feasibilities. I'm afraid most of these projects will suffer from trying to solve too many problems at once. But we'll see. I'm looking forward to see what the future brings.
What does 'scratching the eggs' mean?
Easter's coming
DOGE is actually the 1# in transactions activity. Actually the only coin that normal people may know outside nerd circles.
DOGE is also a fiat currency SCAM.http://trilema.com/2014/why-dogecoin-is-a-scam-why-the-people-pushing-it-are-assholes-why-business-insider-is-a-contemptible-piece-of-shit-why-anyone-who-ever-worked-for-it-will-be-dancing-in-the-street-for-nickels-and-wh/
DOGE is actually the 1# in transactions activity. Actually the only coin that normal people may know outside nerd circles.
another altcoin advertisment with no intelliagent arguments to say how nxt is any better.
especially when the main coders of nxt, copy and pasted over 90% of the protocol, and just added layers on top.
this make people dependant and centralising their trust to one program.
instead of multiple programs, multiple services. giving the people freedoms and choices. so nxt is worse then the foundation.
and just like the whole DOGE scenario.. (pretending DOGE would be valued higher then litecoin) it now sits at under 200sat price point.
nxt and doge both have no retail merchant adoption of any large scale, no transference to fiat in any practical way..
and after a few months the mainy developers move on..
altcoins have yet to find a actually provable use that can sustain itself beyond 3 months of hype. which puts them all into a category of pump and dumps
the only xception to that rule is Hullcoin which appears to be getting local support from retailers and from local government of that area, which should power bitcoins adoption, by using Hullcoin as the sandbox trial for proper mainstream use.
especially when the main coders of nxt, copy and pasted over 90% of the protocol, and just added layers on top.
this make people dependant and centralising their trust to one program.
instead of multiple programs, multiple services. giving the people freedoms and choices. so nxt is worse then the foundation.
and just like the whole DOGE scenario.. (pretending DOGE would be valued higher then litecoin) it now sits at under 200sat price point.
nxt and doge both have no retail merchant adoption of any large scale, no transference to fiat in any practical way..
and after a few months the mainy developers move on..
altcoins have yet to find a actually provable use that can sustain itself beyond 3 months of hype. which puts them all into a category of pump and dumps
the only xception to that rule is Hullcoin which appears to be getting local support from retailers and from local government of that area, which should power bitcoins adoption, by using Hullcoin as the sandbox trial for proper mainstream use.
DOGE is actually the 1# in transactions activity. Actually the only coin that normal people may know outside nerd circles.
Bitcoin will never become obsolete.
Maybe you mean the technology behind Bitcoin will never become obsolete.
And even that is debatable. Sataoshi Nakamoto was a brilliant man but he is no longer involved.
There are other brilliant minds in the world who are working on similar technologies. Now and in the future.
The best is yet to come.
Nxt, ethereum and 2nd generation coins could damage bitcoin if developers continue sleeping. Only time will tell, however we may be attent
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Haha, so was it scratching your legs?
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