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Topic: Bitcoin is garbage. - page 16. (Read 4603 times)

hero member
Activity: 658
Merit: 505
December 10, 2017, 03:20:55 PM
I'm so sorry for the people who missed to understand what the bitcoin is all about and what is its true value. Don't know how else to say this. Bitcoin transactions has its price, like everything else in this world. When you are using your credit card that also has the price, everyone is forgetting about that. Or any other service you can think of.
Yes, fees are higher than before but there are reasons for that. At the end if you don't like it you don't have to use it, simple as that. No one is forcing anyone to use bitcoin so stop complaining.
legendary
Activity: 1456
Merit: 1004
December 10, 2017, 03:12:43 PM
It's Rawdog, he is a well known troll he likes to kick shit up and say dumb stuff. Just ignore him.

Fuck you.  That is total bullshit.  Even guys in this thread say the feel the same way.  That's not trolling buddy.  Just because someone says something against your personal feelings, it doesn't make them a troll.  

Satoshi Bitcoin, the real bitcoin, didn't have 1Meg blocks which totally fuck up the fees and MemPool.  1 Meg blocks are there just to drive demand for the Blockstream product 'Lightning'.  It's a scam, and you guys fell for it.  Thank god the people at Bitcoin Cash forked in time to forever get rid of that SegWit shit.  Now the chain has been preserved.  All you will come back to BCH when you finally figure it out that Blockstream is screwing you.  

Now go fuck yourself King Colon.

I'm not really digging the idea of not increasing the blocksize even to 2mb, but lightning is legit. Also, imo, the idea behind BCH is also legit. If anything, just for the sake of the experiment. But the people backing this coin, Ver and Wu? Yeah, no thx. These people are not in it because they think BCH is the "true vision of satoshi" or some similar retarded argument. They're in it because they want to be kings of crypto. They want bcash (suck it Ver) to eventually overtake the real bitcoin. Their relevance and corporate survival (at least for Wu) depend on it. I feel sorry for those that have been duped into believing they're saving bitcoin. I mean, I have some gripes with the core team, particularly Luke Jr., but Ver and Wu would mean the end of bitcoin at some point.



so,Blockstream  shit needed SegWit to make Lightning work, right ?  Grin Cheesy Cheesy Cheesy

As explained by mr. Antonopoulos, Segwit is not REQUIRED to make lightning work, but it sure as hell makes things easier. Some aspects of lightning wouldn't be possible without segwit.


Ver and Wu are not good but Blockstream is great, correct?  Roll Eyes
full member
Activity: 238
Merit: 105
December 10, 2017, 03:06:53 PM
It's Rawdog, he is a well known troll he likes to kick shit up and say dumb stuff. Just ignore him.

Fuck you.  That is total bullshit.  Even guys in this thread say the feel the same way.  That's not trolling buddy.  Just because someone says something against your personal feelings, it doesn't make them a troll.  

Satoshi Bitcoin, the real bitcoin, didn't have 1Meg blocks which totally fuck up the fees and MemPool.  1 Meg blocks are there just to drive demand for the Blockstream product 'Lightning'.  It's a scam, and you guys fell for it.  Thank god the people at Bitcoin Cash forked in time to forever get rid of that SegWit shit.  Now the chain has been preserved.  All you will come back to BCH when you finally figure it out that Blockstream is screwing you.  

Now go fuck yourself King Colon.

I'm not really digging the idea of not increasing the blocksize even to 2mb, but lightning is legit. Also, imo, the idea behind BCH is also legit. If anything, just for the sake of the experiment. But the people backing this coin, Ver and Wu? Yeah, no thx. These people are not in it because they think BCH is the "true vision of satoshi" or some similar retarded argument. They're in it because they want to be kings of crypto. They want bcash (suck it Ver) to eventually overtake the real bitcoin. Their relevance and corporate survival (at least for Wu) depend on it. I feel sorry for those that have been duped into believing they're saving bitcoin. I mean, I have some gripes with the core team, particularly Luke Jr., but Ver and Wu would mean the end of bitcoin at some point.

so,Blockstream  shit needed SegWit to make Lightning work, right ?  Grin Cheesy Cheesy Cheesy

As explained by mr. Antonopoulos, Segwit is not REQUIRED to make lightning work, but it sure as hell makes things easier. Some aspects of lightning wouldn't be possible without segwit.
legendary
Activity: 1456
Merit: 1004
December 10, 2017, 03:00:56 PM
It's Rawdog, he is a well known troll he likes to kick shit up and say dumb stuff. Just ignore him.

Fuck you.  That is total bullshit.  Even guys in this thread say the feel the same way.  That's not trolling buddy.  Just because someone says something against your personal feelings, it doesn't make them a troll.  

Satoshi Bitcoin, the real bitcoin, didn't have 1Meg blocks which totally fuck up the fees and MemPool.  1 Meg blocks are there just to drive demand for the Blockstream product 'Lightning'.  It's a scam, and you guys fell for it.  Thank god the people at Bitcoin Cash forked in time to forever get rid of that SegWit shit.  Now the chain has been preserved.  All you will come back to BCH when you finally figure it out that Blockstream is screwing you.  

Now go fuck yourself King Colon.

I'm not really digging the idea of not increasing the blocksize even to 2mb, but lightning is legit. Also, imo, the idea behind BCH is also legit. If anything, just for the sake of the experiment. But the people backing this coin, Ver and Wu? Yeah, no thx. These people are not in it because they think BCH is the "true vision of satoshi" or some similar retarded argument. They're in it because they want to be kings of crypto. They want bcash (suck it Ver) to eventually overtake the real bitcoin. Their relevance and corporate survival (at least for Wu) depend on it. I feel sorry for those that have been duped into believing they're saving bitcoin. I mean, I have some gripes with the core team, particularly Luke Jr., but Ver and Wu would mean the end of bitcoin at some point.

so,Blockstream  shit needed SegWit to make Lightning work, right ?  Grin Cheesy Cheesy Cheesy
full member
Activity: 238
Merit: 105
December 10, 2017, 02:09:53 PM
It's Rawdog, he is a well known troll he likes to kick shit up and say dumb stuff. Just ignore him.

Fuck you.  That is total bullshit.  Even guys in this thread say the feel the same way.  That's not trolling buddy.  Just because someone says something against your personal feelings, it doesn't make them a troll.  

Satoshi Bitcoin, the real bitcoin, didn't have 1Meg blocks which totally fuck up the fees and MemPool.  1 Meg blocks are there just to drive demand for the Blockstream product 'Lightning'.  It's a scam, and you guys fell for it.  Thank god the people at Bitcoin Cash forked in time to forever get rid of that SegWit shit.  Now the chain has been preserved.  All you will come back to BCH when you finally figure it out that Blockstream is screwing you.  

Now go fuck yourself King Colon.

I'm not really digging the idea of not increasing the blocksize even to 2mb, but lightning is legit. Also, imo, the idea behind BCH is also legit. If anything, just for the sake of the experiment. But the people backing this coin, Ver and Wu? Yeah, no thx. These people are not in it because they think BCH is the "true vision of satoshi" or some similar retarded argument. They're in it because they want to be kings of crypto. They want bcash (suck it Ver) to eventually overtake the real bitcoin. Their relevance and corporate survival (at least for Wu) depend on it. I feel sorry for those that have been duped into believing they're saving bitcoin. I mean, I have some gripes with the core team, particularly Luke Jr., but Ver and Wu would mean the end of bitcoin at some point.
newbie
Activity: 3
Merit: 0
December 10, 2017, 02:02:36 PM
not really
full member
Activity: 266
Merit: 101
The Future of Global Copyright Registration
December 10, 2017, 02:00:39 PM
Yes! Bitcoin is definitely a garbage. High fees, slow transaction, so volatile, bubble and so on. Litecoin will be the next garbage.
sr. member
Activity: 630
Merit: 272
December 10, 2017, 01:57:10 PM
It seems to me that the error is Satoshi Nakamoto was the fact that he didn't report the growth mechanism of the unit automatically in the system. The rate of mining coins, there is but indicative of the speed of transaction confirmation no. Perhaps in the future there will be a fixed price transaction that will benefit production and not to Rob users.
newbie
Activity: 3
Merit: 0
December 10, 2017, 01:56:03 PM
#99
no why not...
legendary
Activity: 2618
Merit: 1103
December 10, 2017, 01:50:48 PM
#98
This garbage makes many billionaires and millionairess.the reasons was btc price is soo high now.if you dont link btc anymore you can use etherum and other altcoins
This garbage you say is gives a lot of earning also make a person a better life and change way of living in many lives in bitcoin user. And the reason why is still become popular because of many people get interested and also because of rising value of bitcoin.

other user said very good :

"BERNIE MADOFF made a lot of ppl rich, but he also hurt a lot of people, this is the point of BITCOIN, to only focus on winners, and deny losers exist.

Winners of every PONZI will always protect it in earnest, until it bites them, then they will be 'shocked' .


In Madoff's case more people people got hurt. It wasn't even close to a 50/50, i'd say it was like 80/20 in favor of the broke. He was running an inefficient trading system since the beginning that worked only because some of those wealthy investors didn't need to cash out. He was taking 100 million from an investor and paying him 1 million a year from his own money, telling him that it's the profits and his 100 m is still there, while it wasn't.

Bitcoin isn't a ponzi scheme because there's nobody running it and taking the profits. It's simple economy running itself, but people used to a centralized system that doesn't give them full control can't understand it.
legendary
Activity: 1456
Merit: 1004
December 10, 2017, 01:17:37 PM
#97
This garbage makes many billionaires and millionairess.the reasons was btc price is soo high now.if you dont link btc anymore you can use etherum and other altcoins
This garbage you say is gives a lot of earning also make a person a better life and change way of living in many lives in bitcoin user. And the reason why is still become popular because of many people get interested and also because of rising value of bitcoin.

other user said very good :

"BERNIE MADOFF made a lot of ppl rich, but he also hurt a lot of people, this is the point of BITCOIN, to only focus on winners, and deny losers exist.

Winners of every PONZI will always protect it in earnest, until it bites them, then they will be 'shocked' .
sr. member
Activity: 560
Merit: 260
December 10, 2017, 01:17:03 PM
#96
As long as it stays above $12, I'm holding.

hero member
Activity: 1498
Merit: 586
Cryptocasino.com
December 10, 2017, 01:06:58 PM
#95
This garbage makes many billionaires and millionairess.the reasons was btc price is soo high now.if you dont link btc anymore you can use etherum and other altcoins
This garbage you say is gives a lot of earning also make a person a better life and change way of living in many lives in bitcoin user. And the reason why is still become popular because of many people get interested and also because of rising value of bitcoin.
legendary
Activity: 1456
Merit: 1004
December 10, 2017, 01:03:02 PM
#94
That's where altcoins are useful.   
Bitcoin was supposed to be useful too.  Now it has been rendered nothing more than a Ponzi scheme.  It has no real purpose other than for more and more people to come one after another to give money to the guys already in.  Then BAM!!! a total freefall collapse.

SO TRUE !  no other words to this comment.

RawDog, you are part of the few whoreally think with their brain and not saying "HOLDL, to the Moon" or other shits.
legendary
Activity: 1456
Merit: 1004
December 10, 2017, 12:53:06 PM
#93
the fundamentals changed. The goal is not using bitcoin any more. It's making money. It's that simple.

The older investors are waiting for new comers to pay premium and it's not earned equally. You have to spend more everyday to someone that paid less at an earlier date.

Apart from cost of mining and development, there is no valuation so it's based on hype. /bitcoin is the source of hype and you surrounding yourself with similar minded people only adds to your delusion.
member
Activity: 122
Merit: 14
December 10, 2017, 12:51:42 PM
#92
This garbage makes many billionaires and millionairess.the reasons was btc price is soo high now.if you dont link btc anymore you can use etherum and other altcoins
member
Activity: 196
Merit: 11
December 10, 2017, 12:51:30 PM
#91
Well, Bitcoin is not a garbage, but transaction fee is a major problem. I believe there is an urgent need to address this issue.
hero member
Activity: 1694
Merit: 541
December 10, 2017, 12:50:00 PM
#90
Here is a guy trying to give Andreas a tip of $1.50.  To do that, he paid $13.46 in fees.  Does that seem like a sensible payment system?  Not.  It is garbage.  SegWit didn't help with anything.  
Each and every coin in the crypto currency network will have a bottle neck period when there are a multi million users transacting and each and every coin present in the entire crypto space will cramp up,so it is not just the problem with bitcoin alone,it is the problem with each and  every coin,but bitcoin can still use the same fees to sent millions of dollars too,do not forget that. Tongue
member
Activity: 76
Merit: 10
December 10, 2017, 12:49:28 PM
#89
I totally agree, it's amazing to have to pay more expensive fees for something that wants to decentralize
full member
Activity: 176
Merit: 100
December 10, 2017, 12:47:58 PM
#88
who said that bitcoin is garbage, if you then i ask from you that what are you doing in bitcoin forum, as of my opinion bitcoin is so far better than others.the only thing which is not good is that its price movements, every time and in seconds to seconds its price appreciate and deppreciate for which people feel fear,  because people do not want to be on loss.every person eyes is on to earn money and maximize its profit.
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