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Topic: Bitcoin is gonna die soon! - page 9. (Read 8195 times)

legendary
Activity: 994
Merit: 1000
May 14, 2017, 07:56:05 AM
#35
Bitcoin is gonna die soon because of too high fees and too slow transactions. It is becoming a very bad quality payment system, with no relevant pros in using it.
Just wait till Segwit and LN will be activated on bitcoin than there will be no any delay for confirmation and fee will also decrease significantly.
sr. member
Activity: 560
Merit: 253
May 14, 2017, 07:55:12 AM
#34
 You mean unfounded accusations based on emotional rantings of a bipolar idiot? Go for it. Dash is doing what is says it will, zcash is slow but can be used in Saudi Arabia and Iran. Still faster than bitcoin though.
newbie
Activity: 3
Merit: 0
May 14, 2017, 07:54:17 AM
#33
no it is much better because when we sending a money to any other country through bank it take days to complete the transaction and the fees of bank is also is very high compare to bitcoin. 
Yes, still, but it's raising and it's like bribing to the Miner to fasten your transaction.
In my opinion, Bitcoin is becoming a digital asset, like gold is a physical asset. We buy them, we store them for our future and we'll hope that rate will get better.
yes i know that it is used as asset but along with that it is also used as a currency. you can see many company has adpoted btc as a currency for their clients and it is because almost all of the users of bitcoin like to use it instead of fiat.
legendary
Activity: 2674
Merit: 2965
Terminated.
May 14, 2017, 07:40:41 AM
#32
for instance there was a guy owning a food truck who started accepting bitcoin last year. after a while when he was updating us he said "i have never had to worry about double spend and nobody scammed me and i saw a lot of interest in bitcoin from a lot of different people".
Why would someone in their right mind double-spend a in person transaction when they are likely on some video footage at the merchant? It's nonsensical.

Good luck when btc crashes. I think it should reach 1 million unconfirmed this year. Hope the douche bags in this community are still holding btc.
Go back to the shitcoin forums that you've crawled out; Maybe I should start exposing the truth about Zcash and Dash scams. Roll Eyes

Bitcoin still in dominance, it is true that bitcoin got problem with high fee and slow transaction
-snip-
This will happen to every single altcoin if they have a fair amount of usage (hint: They currently don't).

Most of the remaining posts are spam.
legendary
Activity: 1512
Merit: 1010
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May 14, 2017, 07:36:39 AM
#31
no it is much better because when we sending a money to any other country through bank it take days to complete the transaction and the fees of bank is also is very high compare to bitcoin. 
Yes, still, but it's raising and it's like bribing to the Miner to fasten your transaction.
In my opinion, Bitcoin is becoming a digital asset, like gold is a physical asset. We buy them, we store them for our future and we'll hope that rate will get better.
member
Activity: 69
Merit: 10
May 14, 2017, 07:36:14 AM
#30
all your scenario are very negative . thats why  i cant vote  Grin Grin Grin Grin
legendary
Activity: 1666
Merit: 1001
May 14, 2017, 07:35:48 AM
#29
Bitcoin still in dominance, it is true that bitcoin got problem with high fee and slow transaction, but alt coin is not an option because there are not a lot of businesses that accept alt coin and most of the people only using alt coin to trade and bitcoin price is still stable and no alt coin can replace bitcoin yet, so for bitcoin to die it still need many many years and there is a chance that bitcoin will never die
newbie
Activity: 3
Merit: 0
May 14, 2017, 07:28:22 AM
#28
no it is much better because when we sending a money to any other country through bank it take days to complete the transaction and the fees of bank is also is very high compare to bitcoin. 
legendary
Activity: 1386
Merit: 1027
Dump it!!!
May 14, 2017, 07:14:06 AM
#27
I like scenario 3, it just sounds practical as Bitcoin transaction will become less and less when bitcoin transfer fees and prices keeping soaring even the so called network spammers will not bare the cost and we shall all be forced to just hold our coins.

Quote
Thus BTC would become a sort of digital asset, with no actual use as a payment system
BtC becoming a digital asset would actually pave way to other altcoins to take over the payment system which would also provided a permanent solution to bitcoin scalibilty.
sr. member
Activity: 896
Merit: 268
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May 14, 2017, 07:06:56 AM
#26
The issue with delayed transactions that consequently drove up transaction fees is definitely very real but not something that would 'kill off' BTC. The issue has been ongoing for a while now and yet in that time (after the BU saga) the price has still soared and reached a new ATH.
Something tells me OP is wrong....

Yep. Slow transactions will not lead the bitcoin to die in our days because as we know there are many times that bitcoin die and bitcoin will gonna die but somehow we always find ways to revive it and solve the problems. There are many problems of bitcoin butost of that problems are not let it to overcome the reigning era of bitcoin because bitcoin is stronger.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
May 14, 2017, 07:06:16 AM
#25
Good luck when btc crashes. I think it should reach 1 million unconfirmed this year. Hope the douche bags in this community are still holding btc.

thank you very much for worrying about us idiots and also thank you for warning us out of the kindness of your heart.

kisses Kiss
sr. member
Activity: 560
Merit: 253
May 14, 2017, 06:59:35 AM
#23
Good luck when btc crashes. I think it should reach 1 million unconfirmed this year. Hope the douche bags in this community are still holding btc.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
May 14, 2017, 06:53:27 AM
#22
Lauda, you're a joke. Btc can't even transfer money.  Can't due instant payments. Can't combat the double spend scams and will never be updated to increase capacity or resist quantum computing. Not to mention the problems that will come in the future do to the laws of the universe governing decay....
Even if confirmation is slow it can still transfer money. Even if there isn't instant payments people will still trust bitcoin and they're sure that eventually it will be confirmed and arrive in their wallets. Even if there is the scaling issue bitcoin will continue to move forward. And like what lauda said, goodluck hope you won't be just a bagholder of an altcoin in the end.

whenever i see people complain about "risks" of double spend and "incapability" of bitcoin to do instant transactions and "confirmation time" and... the first thing that comes to my mind is the real merchants that i have seen or read about.

for instance there was a guy owning a food truck who started accepting bitcoin last year. after a while when he was updating us he said "i have never had to worry about double spend and nobody scammed me and i saw a lot of interest in bitcoin from a lot of different people".
hero member
Activity: 742
Merit: 500
May 14, 2017, 06:53:09 AM
#21
Lots of obituary notices seen already.No more please.You guys just need a reason to say bitcoin is going to die.Atleast try to find a valid reason to say that.Bitcoin is not going to die but the altcoins could.
hero member
Activity: 882
Merit: 544
May 14, 2017, 06:46:12 AM
#20
Lauda, you're a joke. Btc can't even transfer money.  Can't due instant payments. Can't combat the double spend scams and will never be updated to increase capacity or resist quantum computing. Not to mention the problems that will come in the future do to the laws of the universe governing decay....
Even if confirmation is slow it can still transfer money. Even if there isn't instant payments people will still trust bitcoin and they're sure that eventually it will be confirmed and arrive in their wallets. Even if there is the scaling issue bitcoin will continue to move forward. And like what lauda said, goodluck hope you won't be just a bagholder of an altcoin in the end.
legendary
Activity: 2674
Merit: 2965
Terminated.
May 14, 2017, 06:44:25 AM
#19
Said the dumbass without offering any real argument. Sums up the btc loyalist community. Loyal and dumb.
I destroyed our post without having to make any substantial argument as it was built up on lies and nonsense.

BTW the University of Luxembourg cryptology department isn't a corporation.
Five reasons Zcash is the most corporate coin. Get a life shill/bagholder. Roll Eyes

i would have taken the time to explain each of these if i wasn't sure you are trolling and an altcoin bagholder.
Classic. People with weak minds can't forgive themselves for not joining Bitcoin earlier, thus they have to shitpost and invest in random shitcoins in hopes of getting money. Cheesy

It depends on the reason why do they raised the fees and there is areason for slower transaction we experience right now.They raised fees because of transaction notbeing confirmed fast if it has a low fee.Slow transaction is caused by spam attackes and double spent transactions now
Partial shitpost.
sr. member
Activity: 742
Merit: 397
May 14, 2017, 06:43:37 AM
#18
It depends on the reason why do they raised the fees and there is areason for slower transaction we experience right now.They raised fees because of transaction notbeing confirmed fast if it has a low fee.Slow transaction is caused by spam attackes and double spent transactions now
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
May 14, 2017, 06:41:15 AM
#17
Bitcoin will die because it's community is loyal, stupid and greedy.
Thank you!

Quote
Satoshi never intended for BTC to be the world's money, he introduced a new technology.  He was aware btc could not survive due to lack of updates.
you shouldn't comment on things that you have no understanding of.
go read the bitcoin white paper first and come back to tell us what satoshi is calling bitcoin.

Quote
Monero I think offers nothing that isn't being done better by Zcash. Her obnoxiously loyal trolling community can't save her. I'd put my money on Dash and Zcash due to virtue but I haven't seen the crypto market being driving by rationalism, just brand loyalty.
please do that. and good luck.

Quote
Lauda, you're a joke. Btc can't even transfer money.  Can't due instant payments. Can't combat the double spend scams and will never be updated to increase capacity or resist quantum computing. Not to mention the problems that will come in the future do to the laws of the universe governing decay....
again you have no understanding of the things you listed here. please educate yourself first.
i would have taken the time to explain each of these if i wasn't sure you are trolling and an altcoin bagholder.
sr. member
Activity: 560
Merit: 253
May 14, 2017, 06:40:42 AM
#16
Bitcoin will die because it's community is loyal, stupid and greedy. Satoshi never intended for BTC to be the world's money, he introduced a new technology.  He was aware btc could not survive due to lack of updates.
Outright lie. This has nothing to do with what Satoshi had or had not intended.

Monero I think offers nothing that isn't being done better by Zcash.
Centralized, corporation coin with a built in master key? No thanks.

I'd put my money on Dash and Zcash due to virtue but I haven't seen the crypto market being driving by rationalism, just brand loyalty.
Zcash is nonsense (as explained above) and DASH is a scam and processes less USD in 24 hours than DOGE. Roll Eyes

Lauda, you're a joke. Btc can't even transfer money.  Can't due instant payments. Can't combat the double spend scams and will never be updated to increase capacity or resist quantum computing. Not to mention the problems that will come in the future do to the laws of the universe governing decay....
Said the newbie account deeply invested in some shitcoins hoping to get a few pennies. You seem to have been living in a cave, and have not heard of any solutions being delivered.

I agree that if you exist you will someday because there's nothing permanent in the world. As I cans see it is true that bitcoin transactions nowadays are getting slower and slow because of high demand I guess. The value of bitcoin is nit stable sometimes it is good and sometimes not. I think bitcoin will not die even if it's transactions are changing. Person who are incharge will find a better and enough way to solve that issue.
Classic shitpost.

Said the dumbass without offering any real argument. Sums up the btc loyalist community. Loyal and dumb.

BTW the University of Luxembourg cryptology department isn't a corporation.
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