For any of you noobs who haven't seen this older Trilema post, it's relevant to this thread:
http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/
Topic: Coinbase CEO: bitcoin is far ahead! Altcoins are distractions! - page 7. (Read 10495 times)
February 25, 2015, 01:59:57 PM
February 25, 2015, 01:56:04 PM
Sure Bitcoin is and will be main cryptocurrency, i dont think lot of alts will survive in long run, maybe few with some fancy feature like anon or faster coins for small transactions when Bitcoin becomes big.
BTC is smaller and smaller. aprox 200,000 unique BTC addresses are used per day. Part of these belong to the same owners(internal transfers). So, what is Bitcoin? Around of 100K users per day and a lot of media buzz
Wrong.
please read again my post. it's saying unique BTC addresses not transactions.
And even so, do you think approx. 100K transactions per day is a success after all the media that BTC had during these years? it's a failed project
Imagine that other payment system would have these media exposure...I think it will have millions of transactions per days and at least 10 millions users in 5 years.
I'm guessing you're just ignoring the transactional graph that's trending in the up direction for a currency started 6 years ago...
I am guessing that you are ignoring "Imagine that other payment system would have these media exposure...I think it will have millions of transactions per days and at least 10 millions users in 5 years"
If you think that 100K BTC users per day is a success AFTER all the media exposure then...it's without words
100K users per day has medium online referral program
Does Bitcoin even have media exposure? I don't know what the heck you're talking about? Is there an ad campaign or TV spot you can point me to? Did a commercial showing Bitcoin play during the Super Bowl?
You're not talking sense, man.
February 25, 2015, 01:47:49 PM
I don't think altcoins will ever surpass bitcoin. I think bitcoin will be the "main" cryptocoin and altcoins can be used, for example, in games.
February 25, 2015, 01:45:44 PM
I can only see a big gang behind Bitcoin... having the same interests. money.
I'm one of the many, many people "behind" bitcoin. We are not a monolith. Most of us love reason and loathe violence, so calling us a "gang" is hardly fair. Satoshi has not traded any of his/her/their BTC for fiat. If he was interested in money, he would have sold some of it by now.
Alright, FEW persons are still decent...
When I say gang, I am referring to what i said above.
February 25, 2015, 01:40:07 PM
I can only see a big gang behind Bitcoin... having the same interests. money.
I'm one of the many people supporting bitcoin. We are not a monolith. That said, most of us love reason and loathe violence, so calling us a "gang" is hardly fair. I'm also an anti-capitalist and not in bitcoin for profit. Satoshi has not traded any of his/her/their BTC for fiat. If he was interested in money, he would have sold some of it by now.
February 25, 2015, 01:25:20 PM
not just a distraction but gives crypto a bad name with all the scams, lies and pump and dumps.
February 25, 2015, 01:15:39 PM
Sure Bitcoin is and will be main cryptocurrency, i dont think lot of alts will survive in long run, maybe few with some fancy feature like anon or faster coins for small transactions when Bitcoin becomes big.
BTC is smaller and smaller. aprox 200,000 unique BTC addresses are used per day. Part of these belong to the same owners(internal transfers). So, what is Bitcoin? Around of 100K users per day and a lot of media buzz
Wrong.
please read again my post. it's saying unique BTC addresses not transactions.
And even so, do you think approx. 100K transactions per day is a success after all the media that BTC had during these years? it's a failed project
Imagine that other payment system would have these media exposure...I think it will have millions of transactions per days and at least 10 millions users in 5 years.
I'm guessing you're just ignoring the transactional graph that's trending in the up direction for a currency started 6 years ago...
I am guessing that you are ignoring "Imagine that other payment system would have these media exposure...I think it will have millions of transactions per days and at least 10 millions users in 5 years"
If you think that 100K BTC users per day is a success AFTER all the media exposure then...it's without words
100K users per day has medium online referral program
February 25, 2015, 01:12:23 PM
Take the ones from the so called "Foundation"(Bitcoin developers) and you will find that they are connected with the exchanges and their shareholders as well. Not that they know each other but the are interconnected by running the same businesses.
Only a very stupid person should not see the facts.
Do you reject all technologies that have business interests promoting them, or only Bitcoin?Only a very stupid person should not see the facts.
I can only see a big gang behind Bitcoin... having the same interests. money.
It's OK but they are posing like being Messiah not a horde who looks for profit only.
I saw many so called BTC evangelists who wanted decentralization. no taxes, anonymity but now they want regulations(so taxes, reporting).
February 25, 2015, 01:10:52 PM
Sure Bitcoin is and will be main cryptocurrency, i dont think lot of alts will survive in long run, maybe few with some fancy feature like anon or faster coins for small transactions when Bitcoin becomes big.
BTC is smaller and smaller. aprox 200,000 unique BTC addresses are used per day. Part of these belong to the same owners(internal transfers). So, what is Bitcoin? Around of 100K users per day and a lot of media buzz
Wrong.
please read again my post. it's saying unique BTC addresses not transactions.
And even so, do you think approx. 100K transactions per day is a success after all the media that BTC had during these years? it's a failed project
Imagine that other payment system would have these media exposure...I think it will have millions of transactions per days and at least 10 millions users in 5 years.
I'm guessing you're just ignoring the transactional graph that's trending in the up direction for a currency started 6 years ago...
February 25, 2015, 01:09:38 PM
Litecoin is a joke
You know Litecoin is a joke when it's lead developer and creator stops developing for it:
The fact that Charlie Lee works for Coinbase, probably the largest Bitcoin based company, is a joke in itself.
that's correct. they all are a gang. they all are related. Don't you see?
Charlie Lee(Litecoin owner) works for Coinbase. Coinbase has shareholders same guys who are shareholders for Bitstamp, BTC-China, Ripple and many others.
The same shareholders are the sponsors for many news media websites which promote Bitcoins.
Take the ones from the so called "Foundation"(Bitcoin developers) and you will find that they are connected with the exchanges and their shareholders as well. Not that they know each other but the are interconnected by running the same businesses.
Only a very stupid person should not see the facts.
Not sure what your point is, but sure I'll bite.
Dudes from silicon valley and dudes from wall street run in the same circles, so they form one huge massive circle jerk with splooge all over their faces. Amirite?
In this threads context, I think you made a positive remark though, instead of your intended negative slant. Synergy between tech companies and financial companies, and extending the ecosystem is always a good thing.
February 25, 2015, 01:06:30 PM
Take the ones from the so called "Foundation"(Bitcoin developers) and you will find that they are connected with the exchanges and their shareholders as well. Not that they know each other but the are interconnected by running the same businesses.
Only a very stupid person should not see the facts.
Do you reject all technologies that have business interests promoting them, or only Bitcoin? Only a very stupid person should not see the facts.
February 25, 2015, 01:05:09 PM
Sure Bitcoin is and will be main cryptocurrency, i dont think lot of alts will survive in long run, maybe few with some fancy feature like anon or faster coins for small transactions when Bitcoin becomes big.
BTC is smaller and smaller. aprox 200,000 unique BTC addresses are used per day. Part of these belong to the same owners(internal transfers). So, what is Bitcoin? Around of 100K users per day and a lot of media buzz
Wrong.
please read again my post. it's saying unique BTC addresses not transactions.
And even so, do you think approx. 100K transactions per day is a success after all the media that BTC had during these years? it's a failed project
Imagine that other payment system would have these media exposure...I think it will have millions of transactions per days and at least 10 millions users in 5 years.
February 25, 2015, 01:02:38 PM
Litecoin is a joke
You know Litecoin is a joke when it's lead developer and creator stops developing for it:
The fact that Charlie Lee works for Coinbase, probably the largest Bitcoin based company, is a joke in itself.
that's correct. they all are a gang. they all are related. Don't you see?
Charlie Lee(Litecoin owner) works for Coinbase. Coinbase has shareholders same guys who are shareholders for Bitstamp, BTC-China, Ripple and many others.
The same shareholders are the sponsors for many news media websites which promote Bitcoins.
Take the ones from the so called "Foundation"(Bitcoin developers) and you will find that they are connected with the exchanges and their shareholders as well. Not that they know each other but the are interconnected by running the same businesses.
Only a very stupid person should not see the facts.
February 25, 2015, 12:58:46 PM
Sure Bitcoin is and will be main cryptocurrency, i dont think lot of alts will survive in long run, maybe few with some fancy feature like anon or faster coins for small transactions when Bitcoin becomes big.
BTC is smaller and smaller. aprox 200,000 unique BTC address are used per day. Part of these belong to the same owners(internal transfers). So, what is Bitcoin? Around of 100K users per day and a lot of media buzz
Wrong.
February 25, 2015, 12:56:10 PM
Coinbase is a joke for hiring a shitcoiner, thankfully there's circle
February 25, 2015, 12:55:49 PM
Sure Bitcoin is and will be main cryptocurrency, i dont think lot of alts will survive in long run, maybe few with some fancy feature like anon or faster coins for small transactions when Bitcoin becomes big.
BTC is smaller and smaller. aprox 200,000 unique BTC address are used per day. Part of these belong to the same owners(internal transfers). So, what is Bitcoin? Around of 100K users per day and a lot of media buzz
February 25, 2015, 12:53:19 PM
Litecoin is a joke
You know Litecoin is a joke when it's lead developer and creator stops developing for it:
The fact that Charlie Lee works for Coinbase, probably the largest Bitcoin based company, is a joke in itself.
February 25, 2015, 12:34:26 PM
Litecoin is a joke
February 25, 2015, 12:06:01 PM
Sure Bitcoin is and will be main cryptocurrency, i dont think lot of alts will survive in long run, maybe few with some fancy feature like anon or faster coins for small transactions when Bitcoin becomes big.
February 25, 2015, 10:57:04 AM
Like I said - I've always seen Bitcoin as being "the one" and have had plenty of arguments in the distant past where I took your side.
"Distant" past? When would that be, three years ago? Or four?Calling it now, bitcoin will account for 99%+ of all crypto transactions within five years.
Don't let yourself end up as a bagholder for some shitcoin, reader. You've been warned
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