Topic: Bitcoin is set in stone (Read 520 times)
Over the past few years, Bitcoin has really undergone serious tests for reliability and user trust. He successfully withstood them, but this does not mean that in the future another hard fork, like the main Bitcoin, cannot be accepted. The world is developing, new people, with new powers and ideas come to the industry of blockchain. The competition here is fierce. But still, at the moment, Bitcoin remains king among all cryptocurrencies.
There is no MASS consensus - this ur private dream.
Of course there is. Its the community: the miners, the users, the merchants, the exchanges -- they have all came to the consensus that Bitcoin = BTC and everything else are altcoins. You are in the minority. You will always be in the minority. Don't reply to me until BSV has even begun to approach the hash rate of BCH.
Sure - the mearchants that where kicked out with NO2X ?
U are in a twitter troll bubble - this is ur mass
There is no MASS consensus - this ur private dream.
Of course there is. Its the community: the miners, the users, the merchants, the exchanges -- they have all came to the consensus that Bitcoin = BTC and everything else are altcoins. You are in the minority. You will always be in the minority. Don't reply to me until BSV has even begun to approach the hash rate of BCH.
I enjoyed reading the authors post. Well it is really through that there are series of dramas that have occurred to bitcoin and there are multiple forks and versions of bitcoin that have appeared since its existence. There are many who wanted to replace bitcoin in its pedestal and others wanted to change its code. But at the end of the day bitcoin will still be bitcoin and the original code of satoshi will stay the same and bitcoin will stay the same.
In this regards, it is wise to say that bitcoin will still be the number one currency and will be irreplaceable in the cryptocurrency world. The only problem left is our wallet if we have them or not.
In this regards, it is wise to say that bitcoin will still be the number one currency and will be irreplaceable in the cryptocurrency world. The only problem left is our wallet if we have them or not.
Yes - BSV is that stone now. Good to keep any crappy ppl out of the protocol alterations with that.
thx
thx
yeah, about 100 other people who have copied bitcoin and created about 100 garbage altcoin with a name like bitcoin-foo are also saying the same exact thing as you are
here are some of the garbage that are accompanying your vision:
Sure 99% shit coins
There is no doubt some ppl mixing up
COIN (Ticker)
with
SYSTEM (Protocol)
COIN (Ticker)
with
SYSTEM (Protocol)
Language is guided by more than that. Definitions of words are created by mass consensus. The consensus is BTC is Bitcoin. It's always been this way.
You can continue - hopelessly I might add - to pretend that an alternate reality exists where this is not true, and the real world will continue to operate as it currently does despite your personal beliefs and preferences.
There is no MASS consensus - this ur private dream.
Bitcoin is bigger than the btc ticker.
The MASS is using banks and fiat or even NOTHING - a very strictly controlled and assessed Regime & risk averse, where BTC is not accepted. Never will cause it has altered and does not work - only for speculation and crime wanting to pay the fees.
Yes - BSV is that stone now. Good to keep any crappy ppl out of the protocol alterations with that.
thx
thx
yeah, about 100 other people who have copied bitcoin and created about 100 garbage altcoin with a name like bitcoin-foo are also saying the same exact thing as you are
here are some of the garbage that are accompanying your vision:
There is no doubt some ppl mixing up
COIN (Ticker)
with
SYSTEM (Protocol)
COIN (Ticker)
with
SYSTEM (Protocol)
Language is guided by more than that. Definitions of words are created by mass consensus. The consensus is BTC is Bitcoin. It's always been this way.
You can continue - hopelessly I might add - to pretend that an alternate reality exists where this is not true, and the real world will continue to operate as it currently does despite your personal beliefs and preferences.
Sure a fork is technically an altcoin, but if the economic majority accepts it as the new bitcoin, then it will be bitcoin. Bitcoin is whatever people want it to be.
And you will be left with the bloated 1mb coin bag of the old coin, sitting at 1 cent price, wondering why you are wrong.
And you will be left with the bloated 1mb coin bag of the old coin, sitting at 1 cent price, wondering why you are wrong.
| Symbol | Hash Rate | Market Cap |
| BTC | 98.4 Ehash | $183.8 B |
| BCH | 2.45 Ehash | $5.546 B |
| BSV | 0.95 Ehash | $2.178 B |
There is no doubt about which coin "bitcoin" is. There never was. Its never been close.
As far as whether or not the laws of bitcoin are immutable I would say no, but its fundamental principles are. Bitcoin should be allowed to evolve just like any other technology. The idea that Satoshi got everything perfect in his first go is ludicrous.
There is no doubt some ppl mixing up
COIN (Ticker)
with
SYSTEM (Protocol)
BTW: U can piss on SATOSHI only iff u ve fully proven, that his work does NOT WORK.
Sure a fork is technically an altcoin, but if the economic majority accepts it as the new bitcoin, then it will be bitcoin. Bitcoin is whatever people want it to be.
And you will be left with the bloated 1mb coin bag of the old coin, sitting at 1 cent price, wondering why you are wrong.
And you will be left with the bloated 1mb coin bag of the old coin, sitting at 1 cent price, wondering why you are wrong.
| Symbol | Hash Rate | Market Cap |
| BTC | 98.4 Ehash | $183.8 B |
| BCH | 2.45 Ehash | $5.546 B |
| BSV | 0.95 Ehash | $2.178 B |
There is no doubt about which coin "bitcoin" is. There never was. Its never been close.
As far as whether or not the laws of bitcoin are immutable I would say no, but its fundamental principles are. Bitcoin should be allowed to evolve just like any other technology. The idea that Satoshi got everything perfect in his first go is ludicrous.
Yes - BSV is that stone now. Good to keep any crappy ppl out of the protocol alterations with that.
thx
thx
Im just confused why did you said that bitcoin is dead but you added a statement "long live bitcoin".
Its a well known historical statement, to denote continuity, as in.... "the king is dead, long live the king" 
Dunno. In those same 4 years, there were maybe a half dozen soft forks? Some of those were rule changes, albeit changes in preexisting rules. Do soft forks, of which there are demonstrably many, not count?
There has been segwit which helps with the issue and is a soft fork, no sign of implementation, however!
Soft forks are opt-in "updates" or "features" that are still backward compatible in regard to bitcoin's hard coded consensus rules.
They've also changed consensus rules, BIP66 changed signature validation, making it more selective. And it was an important consensus change, too.
I'm talking about new consensus change tho. From now on and as even heavily marketed segwit fork seems not to take root.
Such decentralization, much immutability ftw!
That is true and that might be it's fail.
People citicize banks are being dinosaurs, but the only dinosaur is Bitcoin here. Just as the dinosaurs could not adapt to the sudden cooling of the planet, despite being strong creatures, they went extinct.
The same way will bitcoin go extinct, despite it's strong decentralization, if the fee problem is not fixed in the next 12-18 months.
And I emphasize on this big time.
Like Western Union having 5$ fees. Oh boy, Bitcoin will soon have 10$ fees if this is not fixed.
https://www.saveonsend.com/blog/wp-content/uploads/2015/04/Money-transfer-Western-Union-vs-Bitcoin.jpg
Nothing is set in stone and everything changes, so the Bitcoin too. But I beleive that by now is strong enough to survive the bad things and pressures and develope even better in the future. Although new cryptocurrency appear all the time, I beleive Bitcoin will survive, although maybe with changes.
Im just confused why did you said that bitcoin is dead but you added a statement "long live bitcoin". But anyway bitcoin can survive any waves and pressure from issues arising from small blocksize. Those who are purchasing altcoins are not foolish people they just want to diversify their investment and thats all. Regardless of any fork issues, bitcoin is still the best cryptocurrency ever made online.
Soft forks are opt-in "updates" or "features" that are still backward compatible in regard to bitcoin's hard coded consensus rules.
They've also changed consensus rules, BIP66 changed signature validation, making it more selective. And it was an important consensus change, too.
I'm talking about new consensus change tho. From now on and as even heavily marketed segwit fork seems not to take root.
Such decentralization, much immutability ftw!
Without hardforking, bitcoin cant evolve, and if it cant evolve, then it will perish.
Survival of the fittest.
Bitcoin is set in stone and anyone still delusional about breaking those rules is promoting nothing else than some altcoin.
In any case, people are free to use Bitcoin. And they are free to leave it. Or hell they are surely free to fork off.
You are delusional for thinking that anything can remain the same in a changing world.
Sure a fork is technically an altcoin, but if the economic majority accepts it as the new bitcoin, then it will be bitcoin. Bitcoin is whatever people want it to be.
And you will be left with the bloated 1mb coin bag of the old coin, sitting at 1 cent price, wondering why you are wrong.
Soft forks are opt-in "updates" or "features" that are still backward compatible in regard to bitcoin's hard coded consensus rules.
They've also changed consensus rules, BIP66 changed signature validation, making it more selective. And it was an important consensus change, too.
Dunno. In those same 4 years, there were maybe a half dozen soft forks? Some of those were rule changes, albeit changes in preexisting rules. Do soft forks, of which there are demonstrably many, not count?
Soft forks are opt-in "updates" or "features" that are still backward compatible in regard to bitcoin's hard coded consensus rules.
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