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Topic: Bitcoin is becoming obsolete. - page 2. (Read 4013 times)
Why would become obsolete, I do not think so outdated.
Everything becomes obsolete. I'm sure cash will and I'm sure Bitcoin will, even if Bitcoin replaces cash eventually.
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.
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. 
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.
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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
What does 'scratching the eggs' mean?
it means you scratch your eggs
which one of your eggs I have no idea Or maybe he meant scratching your legs ie procrastinating / not doing much.
I prefer my eggs scrambled, not scratched.
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
It would be nice to see a distributed exchange and some faster developments sometimes, but calling BTC obsolete is a bit of an exaggeration.
The first new groundbreaking 1.0 tech, rarely goes on to be the world's choice. It's the 2.0 and up versions, that usually build superior products from the example of the earlier innovations. The double-spend problem has been solved...thanks Bitcoin, but now that there is proof of concept, anyone can build from that.
Anything could happen of course but Bitcoin doesn't seem to have enough resources devoted to core development, to keep up with the rising 2.0 tech. Ripple is a prime example. Love it or hate it, they have a massive team and a huge amounts of capital, just dedicated to their core development. This is the type of organized commitment that usually goes on to develop solutions that the masses will utilize in their daily lives.
In the time I've been involved in the digital currency space, I've see no such commitment from Bitcoin, and it was a recurring theme at CoinSummit. Everyone realizes this is an issue, but no one is willing to work for free to get things done. Time will tell how it plays out but anything can become obsolete. If the general public finds better solutions to suit their needs, that will be that. After all, it is the general public (the masses) that determine what will be successful. Not "early adopters".
Anything could happen of course but Bitcoin doesn't seem to have enough resources devoted to core development, to keep up with the rising 2.0 tech. Ripple is a prime example. Love it or hate it, they have a massive team and a huge amounts of capital, just dedicated to their core development. This is the type of organized commitment that usually goes on to develop solutions that the masses will utilize in their daily lives.
In the time I've been involved in the digital currency space, I've see no such commitment from Bitcoin, and it was a recurring theme at CoinSummit. Everyone realizes this is an issue, but no one is willing to work for free to get things done. Time will tell how it plays out but anything can become obsolete. If the general public finds better solutions to suit their needs, that will be that. After all, it is the general public (the masses) that determine what will be successful. Not "early adopters".
What does 'scratching the eggs' mean?
it means you scratch your eggs
which one of your eggs I have no idea 
My understanding is that NXT is a bit like Ethereum, it is good for contracts and trading stuff (including Bitcoin).
Bitcoin was given birth at the origin separate from NMC for several reasons that Satoshi himself debated. I think most people would agree that has proven to be wise. NXT goes in the complete opposite direction. Not in itself bad but hardly making Bitcoin "obsolete".
Also this belongs in the alts sub-forum.
Bitcoin was given birth at the origin separate from NMC for several reasons that Satoshi himself debated. I think most people would agree that has proven to be wise. NXT goes in the complete opposite direction. Not in itself bad but hardly making Bitcoin "obsolete".
Also this belongs in the alts sub-forum.
Internet is not obsolete.
"everything becomes obsolete" is a fallacy and a sophistic argument. Please give a reason why it would become obsolete. What feature is outdated? How should it improve?
"everything becomes obsolete" is a fallacy and a sophistic argument. Please give a reason why it would become obsolete. What feature is outdated? How should it improve?
scratching the eggs?
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Why would become obsolete, I do not think so outdated.
Everything becomes obsolete. I'm sure cash will and I'm sure Bitcoin will, even if Bitcoin replaces cash eventually.
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.
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!!!
Go pump your altcoin elsewhere.
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