Topic: Bitcoin seems outdated - page 3. (Read 1183 times)
So today i learnt FUD=anything negative about btc even if its true.
Yeah I agree bitcoin is somewhat outdated but it does not affect any of the value appreciation for bitcoin in fact it appreciate even more higher through the years. Developers don't focus on upgrading bitcoin I think they are more concern on how bitcoin will sustain the increasing demand to stay active and alive in the crypto market.
I dont know too. Why did they stop Segwit2x? I think that they wanna pump altcoins
Bitcoin seems outdated because you are American. I don't even have to ask. You want instant gratification and do not care able everything that is involved with making consensus happen on a universally immutable ledger that benefits everyone. You want your coffee, with your low fees. You probably love alts too. Get outta here with your impatience, and find balance in your life. The world still doesn't even know about BTC yet...
Yea so i am American nice Sherlock how did you find it out ? cuz i am talking about usd ? i am from EU ...
Why do you think that it is slow at the moment? There is only one answer to reply to your thread. Bitcoin is now slower than before because it is being under attack from the bcash network, there is nothing more to say.
When it went up to $2800 and bitcoin dropped to $5200, the network fees were about $24 for each transaction, everybody was complaining in here because of that.
And now you are complaining because you need to pay $5 for a single transaction?
Yes, if you want lower fees then better to move out to bitcoin classic, fees are lower than $0,15 and they can get confirmed in just seconds
When it went up to $2800 and bitcoin dropped to $5200, the network fees were about $24 for each transaction, everybody was complaining in here because of that.
And now you are complaining because you need to pay $5 for a single transaction?
Yes, if you want lower fees then better to move out to bitcoin classic, fees are lower than $0,15 and they can get confirmed in just seconds
when everyone talking about world adaptation of btc do you think 5usd for every tx is good choice ? Screw every alt ... I think when we want world adaptation of btc and beat bankers we need lower fees . Just my opinion ...
Bitcoin seems outdated because you are American. I don't even have to ask. You want instant gratification and do not care able everything that is involved with making consensus happen on a universally immutable ledger that benefits everyone. You want your coffee, with your low fees. You probably love alts too. Get outta here with your impatience, and find balance in your life. The world still doesn't even know about BTC yet...
Why do you think that it is slow at the moment? There is only one answer to reply to your thread. Bitcoin is now slower than before because it is being under attack from the bcash network, there is nothing more to say.
When it went up to $2800 and bitcoin dropped to $5200, the network fees were about $24 for each transaction, everybody was complaining in here because of that.
And now you are complaining because you need to pay $5 for a single transaction?
Yes, if you want lower fees then better to move out to bitcoin classic, fees are lower than $0,15 and they can get confirmed in just seconds
When it went up to $2800 and bitcoin dropped to $5200, the network fees were about $24 for each transaction, everybody was complaining in here because of that.
And now you are complaining because you need to pay $5 for a single transaction?
Yes, if you want lower fees then better to move out to bitcoin classic, fees are lower than $0,15 and they can get confirmed in just seconds
Bitcoin will be the king at least in 10 upcoming years, I don't believe that there is any coin for now will beat bitcoin nearly, so the best option now is investing in bitcoin, and if the OP really hate the bitcoin, he should go for bitcoin cash, It's a good option for him.
I think it's perfectly understandable for a relative newcomer to wonder about these things.
Bitcoin is still the king.
That's true . And i believe btc will be still but try to imagine btc with all of these futures . Wouldn't be it great ?
One thing you cannot ignore is that bitcoin as a currency which we all boasted in the beginning with no transaction charges is not applicable anymore ,as a bitcoiner who fell in love with the technology before going mainstream we have to address these issues and it is high time we find a solution for these problems ,bitcoin at present is a good speculative coin which can be used in exchanges or for long term holding and not as a currency which i once thought to be.
It is outdated, but there is a good reason to see it happening, and maybe if bitcoin would not be outdated there would not be millions of versions of "bitcoin" on the market.
Just look at ethereum, it is much more newer than bitcoin, and it is the 2nd on the market. it is the most biggest altcoin after bitcoin. It is one of my favourites too.
But bitcoin is like gold, maybe it is very old, but will always be like gold, because it has the reputation that it had since more than years, and it will never change because people loves bitcoin, and of course that it is the best source and the most famous crypto that the market has.
Just look at ethereum, it is much more newer than bitcoin, and it is the 2nd on the market. it is the most biggest altcoin after bitcoin. It is one of my favourites too.
But bitcoin is like gold, maybe it is very old, but will always be like gold, because it has the reputation that it had since more than years, and it will never change because people loves bitcoin, and of course that it is the best source and the most famous crypto that the market has.
Bitcoin is still the king.
That's true . And i believe btc will be still but try to imagine btc with all of these futures . Wouldn't be it great ?
Compared to other cryptocurrencies, Bitcoin does not any longer have all of the technological advantages. There are coins like Monero with far superior stealth technology and I don't think Bitcoin will be able to match it for a long time. With that said, Bitcoin is still the king.
Bitcoin is slow , has high fees ... ? where are new upgrades ? When you look waves , eth , ltc , bitshares so bitcoin seems outdated against all these alts. When you look at all this upgrades and look at bitcoin so it seems like development is dead ... can someone explain me why btc can't have some new upgrades for faster blockchain or something like that ?
High fees in terms of USD value because price is increasing. Remember that BTC0.005 satoshis today have different value to BTC0.005 in the past. When it comes to fees, Im looking at bitcoin value and not on bitcoin USD value so still Im fine with the current fees but honestly we need a changed. Forks are meant to development but no doubt bitcoin still has strong fundamental to support the stand to the crypto world. ETH or any other alts are being created to changed how we are used to be on bitcoin but still even how good their coins are, bitcoin still prevail.
High price always associated with high fees so whether we like it or not we just have to deal with. Much way better rather than going back to BTC0.0001 fees with $500 value of BTC1.
I realize that 0.005 satoshi had different value in past but I think BTC with increasing value need some at least small adaptation with real world . Don't you think ?
i didn't mean like development is completely "dead" but in compare with other alts (i mean theirs blockchains) seams so old . I hope you know what i mean ...
I do.
It looks slow because it needs to be slow. Slow is safe. Slow is sensible.
Millions of people have their money invested in it.
Compare that to other coins. There might only be a few thousand users who all agree with the decisions of the developer. Changing a coin like that is much easier and faster.
It's like Pagani changing a component design on their cars compared to Ford. They only make 20-30 cars a year and the parts are hand made. They can call the individual customers and tell them.
If Ford want to change a component they have to spend millions on new tools, development and design and inform millions of customers if the component needs to go on their old cars too.
Bitcoin is slow , has high fees ... ? where are new upgrades ? When you look waves , eth , ltc , bitshares so bitcoin seems outdated against all these alts. When you look at all this upgrades and look at bitcoin so it seems like development is dead ... can someone explain me why btc can't have some new upgrades for faster blockchain or something like that ?
When you think of these issues and look at Bitcoi's market cap, do you think it is overvalued? It is not, because it is the network with the highest hashing capacity backing it and it has the most number of users.
Did i say is overvalued ?
There is a very simple explanation for this.
Hardly anyone uses any alt. Most alts are controlled by a small group of people or one person.
With those two factors they can change what they like any time pretty much as no one's going to oppose it and their blockchains are guaranteed to be empty.
Bitcoin is maxed out 24/7 and there are multiple factions fighting to control it. Bitcoin's job is to resist that control and only advance if enough people mutually agree. Being hard to change is a virtue though it may not look like that from the outside.
Development is absolutely not dead. There are thousands of people working away on different things.
Hardly anyone uses any alt. Most alts are controlled by a small group of people or one person.
With those two factors they can change what they like any time pretty much as no one's going to oppose it and their blockchains are guaranteed to be empty.
Bitcoin is maxed out 24/7 and there are multiple factions fighting to control it. Bitcoin's job is to resist that control and only advance if enough people mutually agree. Being hard to change is a virtue though it may not look like that from the outside.
Development is absolutely not dead. There are thousands of people working away on different things.
i didn't mean like development is completely "dead" but in compare with other alts (i mean theirs blockchains) seams so old . I hope you know what i mean ...
Bitcoin is slow , has high fees ... ? where are new upgrades ? When you look waves , eth , ltc , bitshares so bitcoin seems outdated against all these alts. When you look at all this upgrades and look at bitcoin so it seems like development is dead ... can someone explain me why btc can't have some new upgrades for faster blockchain or something like that ?
When you think of these issues and look at Bitcoi's market cap, do you think it is overvalued? It is not, because it is the network with the highest hashing capacity backing it and it has the most number of users.
Bitcoin is slow , has high fees ... ? where are new upgrades ? When you look waves , eth , ltc , bitshares so bitcoin seems outdated against all these alts. When you look at all this upgrades and look at bitcoin so it seems like development is dead ... can someone explain me why btc can't have some new upgrades for faster blockchain or something like that ?
High fees in terms of USD value because price is increasing. Remember that BTC0.005 satoshis today have different value to BTC0.005 in the past. When it comes to fees, Im looking at bitcoin value and not on bitcoin USD value so still Im fine with the current fees but honestly we need a changed. Forks are meant to development but no doubt bitcoin still has strong fundamental to support the stand to the crypto world. ETH or any other alts are being created to changed how we are used to be on bitcoin but still even how good their coins are, bitcoin still prevail.
High price always associated with high fees so whether we like it or not we just have to deal with. Much way better rather than going back to BTC0.0001 fees with $500 value of BTC1.
Outdated, maybe, but the market is making a very strong statement that bitcoin is still highly desirable. As a currency? Not really. I've been saying that for quite a while. The fees and confirmation times are ridiculous--I'd much rather spend doge or anything else. As a speculative instrument it's pretty damn good, and it's got more of a community than any other coin. But I wouldn't say it's past its prime by any means, and the market at present would agree with me.
I don't think this is FUD at all, just an opinion that may differ from the hardcore bitcoiners here.
I don't think this is FUD at all, just an opinion that may differ from the hardcore bitcoiners here.
that is what i am saying about
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