Bitcoin will die? - page 3. | Bitcointalksearch.org

rosepetals

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Financial aid for users: https://bit.ly/2SMY8gi

Quote from: SynAck on November 12, 2017, 01:09:52 PM

Hello,

Looking at graphs from fork.lol (https://fork.lol/pow/hashrate) website, Bitcoin cash hashrate just doubled vs the Bitcoin core. It is currently at over 65% of total hashrate and growing...
This is very concerning because it will be very hard or even impossible to confirm transactions if this keeps going at this rate and more miners will switch to Bitcoin cash.
You might say that there will be 400% difficulty increase in BCH and all miners will switch back, but keep in mind there will be a fork tomorrow to fix just that.

So... I start wondering if this will be the end of bitcoin as we know it?

I can't see any reason that bitcoin will die, due to its price that keeps on rising,bitcoins have just started in some places and to some it is not been being introduced,it has a long years to go,those were just speculations but bitcoin already made a history that it is worth keeping by investing,HODL your bitcoin if you have because there still a good reason why you must keep it..and its very beneficial for all of us. As time goes by.

sofi@

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People always worried about bitcoin going to die soon without even realizing that this is the nature of bitcoin ever since its unpredictable and always fluctuating but it will not die this is just part of its market. Instead of worrying better take this as an opportunity to invest and maybe after few months you will be surprise by the earnings you can get.

nazimmamun

newbie

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actually, this is the way btc is. Constantly changing, evolving, offering new "forms" of itself.so i think it will not haend.

specsmuluk

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for me bitcoin will not die because many are using bitcoin as virtual currency they use every day, for that I make sure bitcoin will last long ...

johnrickdalaygon

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The price or even the charts are always changing so, we did not know when or it was dying. But, I guess NO, Bitcoin is growing and getting more important. It's not just bitcoin. The issue is that the global banking and payments system is fundamentally broken. Bitcoin is merely one part of general set of financial technologies that will reshape the banking system.

People focus so much on what the price of bitcoin is that they don't look at *how* bitcoin is traded. Bitcoin is quite interesting because it is the first asset whose trading/exchange infrastructure was created from a clean sheet, and so you have things like 24/7 trading, multiple exchanges, and direct trading with counterparties, that are going to eventually be used to trade everything else.

d0flaming0

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Quote from: Qiuyue201 on November 13, 2017, 07:17:16 AM

Quote from: ?? on ??

Quote from: SynAck on November 12, 2017, 01:09:52 PM

Hello,

Looking at graphs from fork.lol (https://fork.lol/pow/hashrate) website, Bitcoin cash hashrate just doubled vs the Bitcoin core. It is currently at over 65% of total hashrate and growing...
This is very concerning because it will be very hard or even impossible to confirm transactions if this keeps going at this rate and more miners will switch to Bitcoin cash.
You might say that there will be 400% difficulty increase in BCH and all miners will switch back, but keep in mind there will be a fork tomorrow to fix just that.

So... I start wondering if this will be the end of bitcoin as we know it?

No! I can say that this is the plan of bitcoin if some people invest in bitcoin cash they will buy bitcoin if the bitcoin goes down and if the bitcoin cash go down again they will buy again bitcoin cash this is a logic.

There maybe some people trying to manipulate and grabbing the hash power from bitcoin to bitcoin cash just to destroy bitcoin, even making so many unconfirmed transactions spam.
But now you see, that price of BCH getting down again, it seems that bitcoin win again this time, the transactions queue also reduced slowly, just matter of time until diff adjustment.

well i would like to say we are not that sure if that is only a manipulated scheme or what, and besides there is no evidence we can see that they steal the hash. So there is no assurance that they really have it or what and we cannot judge it immediately just because the price of BCH goes down.

Cinemo

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Activity: 350

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Quote from: SynAck on November 12, 2017, 01:09:52 PM

Hello,

Looking at graphs from fork.lol (https://fork.lol/pow/hashrate) website, Bitcoin cash hashrate just doubled vs the Bitcoin core. It is currently at over 65% of total hashrate and growing...
This is very concerning because it will be very hard or even impossible to confirm transactions if this keeps going at this rate and more miners will switch to Bitcoin cash.
You might say that there will be 400% difficulty increase in BCH and all miners will switch back, but keep in mind there will be a fork tomorrow to fix just that.

So... I start wondering if this will be the end of bitcoin as we know it?

No! I can say that this is the plan of bitcoin if some people invest in bitcoin cash they will buy bitcoin if the bitcoin goes down and if the bitcoin cash go down again they will buy again bitcoin cash this is a logic.

Qiuyue201

sr. member

Activity: 537

Merit: 250

Quote from: ?? on ??

Quote from: SynAck on November 12, 2017, 01:09:52 PM

Hello,

Looking at graphs from fork.lol (https://fork.lol/pow/hashrate) website, Bitcoin cash hashrate just doubled vs the Bitcoin core. It is currently at over 65% of total hashrate and growing...
This is very concerning because it will be very hard or even impossible to confirm transactions if this keeps going at this rate and more miners will switch to Bitcoin cash.
You might say that there will be 400% difficulty increase in BCH and all miners will switch back, but keep in mind there will be a fork tomorrow to fix just that.

So... I start wondering if this will be the end of bitcoin as we know it?

No! I can say that this is the plan of bitcoin if some people invest in bitcoin cash they will buy bitcoin if the bitcoin goes down and if the bitcoin cash go down again they will buy again bitcoin cash this is a logic.

There maybe some people trying to manipulate and grabbing the hash power from bitcoin to bitcoin cash just to destroy bitcoin, even making so many unconfirmed transactions spam.
But now you see, that price of BCH getting down again, it seems that bitcoin win again this time, the transactions queue also reduced slowly, just matter of time until diff adjustment.

pearlmen

sr. member

Activity: 322

Merit: 250

Quote from: SynAck on November 12, 2017, 01:09:52 PM

Hello,

Looking at graphs from fork.lol (https://fork.lol/pow/hashrate) website, Bitcoin cash hashrate just doubled vs the Bitcoin core. It is currently at over 65% of total hashrate and growing...
This is very concerning because it will be very hard or even impossible to confirm transactions if this keeps going at this rate and more miners will switch to Bitcoin cash.
You might say that there will be 400% difficulty increase in BCH and all miners will switch back, but keep in mind there will be a fork tomorrow to fix just that.

So... I start wondering if this will be the end of bitcoin as we know it?

This is one of those challenges that will pass and at the end, we will realize that its just another way to keep the community busy and have something to talk about. If you are very observant there are always phases of discussion. Before the cancellation/suspension of SegWit's activation, the discussion was centred around SegWit and its effect on bitcoin, advantages and disadvantages but since that has been defeated which makes discussion around it not worthwhile, the next is to have some discussion like this throwing up.

Youngsta

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bitcoin will never die

crptotrader007

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You must really be a Newbie in the crypto market to ask such a question. This shit happens here. The big players play their pump and dump games to grab others' money and fill their pockets. That is why it is best to stay away from such trades and hold your coins. This time the game was big and many big whales were included to make such a huge pump. People obviously would have lost their money and the wise ones would have exited the market with profits. This does not mean that Bitcoin will die. Bitcoin had passes many such waves and think of it as just a correction that took place. Tongue

It will soon recover the price.

Frostyroar

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Activity: 23

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Quote from: cybersofts on November 13, 2017, 06:03:40 AM

Quote from: dimonstration on November 12, 2017, 01:23:08 PM

Quote from: ployfit on November 12, 2017, 01:19:14 PM

Quote from: soham on November 12, 2017, 01:18:10 PM

A big and dirty game is going on by the sharks and we are just trying to guess what may be the reason. But we don't have any clue. With the recent price increase of BCH, I expected that many miners will move to mining BCH as the difficulty is low compared to bitcoin and the price is also skyrocketing. So many people get to earn some good amount of money till the time difficulty is manageable. However, I don't think bitcoin will die in any way. It is just having some difficult time and we all have to survive it together. The current bitcoin price looks tempting to me for buying more but I just want to wait and watch for some more time to properly understand the trend.

We used to call them whales, but they're the sharks now. They take huge risks and they will be rich at the end. We only watch the market. To me, it's not a permanent thing. They do this to make their BCH argument much stronger. That's all for this week's action.

that was the thing that we are gonna do as of now but i dont even know that bitcoin will die this is just temporary and everything will be back soon we know that such a huge of pumping happen now in BCH , i may take the opportunity now to have some bitcoin but not totally because we cant say what will happen next after this happening of BCH and bitcoin.

Jihan Wu and his company Bitmain are trying to play the big game here for switching to bitcoin cash mining.
There were over $700 million transactions stuck for hours on bitcoin network waiting to be processed as a result of that, but don't worry everything will be over soon.

no it will not die because bitcoin is a very good coin that will have a nice future because bitcoin is growing and it is a good thing because we can make money out of it. But the value now will go up and down really fast so you can make more but also lose.

sclmte

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Quote from: mabell943 on November 12, 2017, 01:30:05 PM

Quote from: harbin55 on November 12, 2017, 01:24:42 PM

i dont think so ... because no one can predict that because bitcoin have an own life the life of bitcoin is on supply and demand so if some one buy a bitcoin mean bitcoin is alive

im agree with you sir bitcoin will live forever also in the future.

I also agree with you both. Bitcoin will never die as long as we will continue to support with it. Even if the price of btc will down, we just dont panic, instead we were there always no matter what will happen. Be patient. Because i believe, Bitcoin will become more stronger for the coming years. No one can foretell the end nor the future of bitcoin so we just have to keep on believing.

Siren

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Quote from: cybersofts on November 13, 2017, 06:03:40 AM

Quote from: dimonstration on November 12, 2017, 01:23:08 PM

Quote from: ployfit on November 12, 2017, 01:19:14 PM

Quote from: soham on November 12, 2017, 01:18:10 PM

A big and dirty game is going on by the sharks and we are just trying to guess what may be the reason. But we don't have any clue. With the recent price increase of BCH, I expected that many miners will move to mining BCH as the difficulty is low compared to bitcoin and the price is also skyrocketing. So many people get to earn some good amount of money till the time difficulty is manageable. However, I don't think bitcoin will die in any way. It is just having some difficult time and we all have to survive it together. The current bitcoin price looks tempting to me for buying more but I just want to wait and watch for some more time to properly understand the trend.

We used to call them whales, but they're the sharks now. They take huge risks and they will be rich at the end. We only watch the market. To me, it's not a permanent thing. They do this to make their BCH argument much stronger. That's all for this week's action.

that was the thing that we are gonna do as of now but i dont even know that bitcoin will die this is just temporary and everything will be back soon we know that such a huge of pumping happen now in BCH , i may take the opportunity now to have some bitcoin but not totally because we cant say what will happen next after this happening of BCH and bitcoin.

Jihan Wu and his company Bitmain are trying to play the big game here for switching to bitcoin cash mining.
There were over $700 million transactions stuck for hours on bitcoin network waiting to be processed as a result of that, but don't worry everything will be over soon.

So maybe we can could assumed that it maybe a coordinated attack by Bitcoin cash people. Yes, Jihan and company really play it very well, networks get clogged, segwit2x cancellation, bitcoin cash suddenly pump, fud here and there. But as look at today prices, it looks like bitcoin didn't get any significant dent. Well initially it has, but it keeps getting higher as well and bitcoin cash dropping. So I don't think that bitcoin will die with this attacks from bitcoin cash. It will continue to live more and has a bright future ahead.

Aceanyth

member

Activity: 119

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Bitcoin will not die because it has even when its dropping hard a lot of support. People don't want to see that bitcoin is going to drop to zero. Even when its dropping now some people are buying it.

I thought of buying but its still too expensive my friends are also thinking about it.

Adrazan

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No matter the difficult time Bitcoin will still overcome

bxipp

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Sure bitcoin will be death if peoples mine more at BCH.. But it not end the bitcoin. The price will be increase and increase more. Believe it.

creeps

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Quote from: pootutus on November 13, 2017, 06:29:32 AM

I think it's only temporary for some miners to switch to BCH, and as the population increases, the difficulty increases immediately, and you can see the change today. I have to say, these two days of crazy BCH do have the cause of the miners, but I think there are also reasons for big capital operation.

Well the dump is really for temporary and short period of time bitcoin will surely bounce back so watch out and take this opportunity to bu more bitcoin, believe it or not bitcoin is really powerful.

gilangIDR

legendary

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I'm not sure that bitcoin will die. Bitcoin has such great strength and will continue to grow. Most importantly, bitcoin continues to be used and this is the best way to maintain bitcoin. As long as bitcoin still has demand then bitcoin will continue to exist.

pootutus

member

Activity: 156

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I think it's only temporary for some miners to switch to BCH, and as the population increases, the difficulty increases immediately, and you can see the change today. I have to say, these two days of crazy BCH do have the cause of the miners, but I think there are also reasons for big capital operation.

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