Condolences to the bitcoin die hards - page 3.

Benjig

sr. member

Activity: 462

Merit: 250

Quote from: LFC_Bitcoin on May 20, 2015, 08:06:54 AM

2016 will be a big year for bitcoin & I believe is the time we really start to see results.

I've already seen that comment in a 2014 Speculation topic saying 2015 will be a big year for bitcoin Huh

but I agree with you this time because in past experiences with Cryptocurrencies, when everyone says the coin is dead, Boom! Skyrocket..

bitcoin revo

legendary

Activity: 1168

Merit: 1049

That's what people were saying ,Bitcoin is dead,Mining is dead,We will never break $100,We will never break $1000 And many other.

harkonnen

full member

Activity: 210

Merit: 100

Quote from: Pecunia non olet on May 20, 2015, 04:57:48 AM

Quote from: Morecoin Freeman on May 19, 2015, 10:49:34 PM

In my opinion all alt coins are scams. Some more than others.

This is coming from someone who got away with turning $3,000 into $50,000 from trading alt coins between 2013 and 2014 (Lite, Dark, Asia, Liberty, Voot).

I still feel somewhat dirty because I know a lot of people got trapped holding the bags.

Only Litecoin used to be legitimate and Darkcoin dev had good intentions too back then.

Only invest in alt coins if you are inside trading. Never try to chase a pump. You will get rekt.

I have a different perception ... especially of darkcoin which was heavily instamined. In my opinion bitcoin is a ninjalaunch/stealthmine scam too with very bad distribution of wealth. Bitcoin basically represents the concept of "dev premines a coin with his buddies for 6 to 18 months before releasing it to the world". So let's just say ALL coins are scam, honey; not just every coin except the ones you hold. Alrighty?

On my part i see some legit alts too. I wouldn't say they are all scams. Most of them, but really not all.

I don't see why we actually even use the term "altcoins". In reality it's "cryptocurrency" and bitcoin is not special at all.

You are not seeing bigger picture. It doesn't matter how bad and evil bitcoin is, or how good some altcoins are. Bitcoin is not even first cryptocurrency. But whether we like it or not, it represent THE cryptocurrency. Therefore, if bitcoin fails, mainstream will see THE cryptocurrency failed. If bitcoin succeeds, mainstream will see there are "other" cryptocurrencies. You may feel it's not fair, but altcoins can't get rid of "alt" until main adoption of bitcoin.

harkonnen

full member

Activity: 210

Merit: 100

Quote from: Pecunia non olet on May 19, 2015, 04:37:48 PM

My condolences to the bitcoin die hards. You're looking at more slow decline or best case stagnation with some random little pump and dumps during next months while we rock the shit on alts in the foreseeable future. Soome hefty gains happening right now.
Don't get stuck holding a bag. 100% portofolio in old bitcoin is risky business.

#toldyou

lol
if you think bitcoin is risky (which is very true), any altcoins are riskier. Altcoins cannot succeed without bitcoin's success. Bitcoin's success and mass adoption is the ultimate indicator that some altcoins may have a chance of survival.

redhawk979

sr. member

Activity: 271

Merit: 250

Quote from: inca on May 20, 2015, 08:24:23 AM

You are welcome to your own opinion.

Good luck picking up some bitcoins at a much lower price that 220 ~~ever~~ for the rest of the year.

I'm so sick of seeing this written as some sort of "you'll be sorry if you don't buy coins now!!!" retort. Here's a more accurate version:

Good luck picking up some bitcoins at a much lower price that ~~1200~~, ~~1100~~, ~~1000~~, ~~900~~, ~~800~~, ~~700~~, ~~600~~, ~~500~~, ~~400~~, ~~300~~, 220 for the rest of the year.

Paashaas

legendary

Activity: 3512

Merit: 4557

Quote from: Pecunia non olet on May 20, 2015, 09:15:30 AM

Quote from: Paashaas on May 20, 2015, 08:56:37 AM

@ Pecunia non olet; If you can't see the potential, then you don't understand the technology.

Hey Mr. butthurt. 10 minute blocks and no KGW isn't exactly 'up to date'. Bitcoin can do nothing other coins can't do but newer coins can do a lot Bitcoin can't do.

You've made three comments on the thread. Each of them contain content: ZERO
*Derp derpa derp*

bla bla bla bla

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Pecunia non olet on May 20, 2015, 07:52:57 AM

Quote from: Amph on May 20, 2015, 07:43:09 AM

i was not talking about pure clone, litecoin is not a non-clone because it use scrypt you know, the same for darkcoin or any other crap release today too, a clone is still a clone, as long as they share the base with bitcoin

it was available to everyone if you missed it it was your fault, i remember there were already video in 2009-2010 and official site(bitcoin.org) was running up by that time

https://en.bitcoin.it/wiki/History, it's not like it was hidden by satoshi so he could instamine a coin that was worth zero, come on be serious...

The fact remains that bitcoins' distribution is the worst of almost all coins due to the fact that information does not spread as fast.

An altcoin that's 2 years old today normally has a much better distribution than bitcoin had when it was the same age. It is a provable fact that altcoins are much fairer distributed than Bitcoin could ever have been... and people know it and that's why the network effect of Bitcoin will be outdone by any altcoin with a better wealthdistribution on the longterm timeframe.

Bitcoins' networkeffect is inferior to that of popular altcoins on the longterm timeframe.

again the distribution started slowly, because it was something new, something untrusted by any average joe, you can't blame satoshi or bitcoin for that, "they" have nothing to do with it

it is just the mentality of the people that should be blamed, and then it's obvious that with altcoin there were a better distrubution(actually only after doge, this was achieved, before that there was still a niche market and many instamining shit, like quark...), everyone knew about crypto by that time, so they jumped in for every new one

Pecunia non olet

full member

Activity: 882

Merit: 102

PayAccept - Worldwide payments accepted in seconds

Quote from: Paashaas on May 20, 2015, 08:56:37 AM

@ Pecunia non olet; If you can't see the potential, then you don't understand the technology.

Hey Mr. butthurt. 10 minute blocks and no KGW isn't exactly 'up to date'. Bitcoin can do nothing other coins can't do but newer coins can do a lot Bitcoin can't do.

You've made three comments on the thread. Each of them contain content: ZERO
*Derp derpa derp*

Paashaas

legendary

Activity: 3512

Merit: 4557

@ Pecunia non olet; If you can't see the potential, then you don't understand the technology.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: Pecunia non olet on May 20, 2015, 08:32:04 AM

Quote from: 1Referee on May 20, 2015, 08:23:43 AM

Quote from: gizmoh on May 20, 2015, 01:26:33 AM

Quote from: Morecoin Freeman on May 19, 2015, 10:49:34 PM

In my opinion all alt coins are scams. Some more than others.

This is coming from someone who got away with turning $3,000 into $50,000 from trading alt coins between 2013 and 2014 (Lite, Dark, Asia, Liberty, Voot).

I still feel somewhat dirty because I know a lot of people got trapped holding the bags.

Only Litecoin used to be legitimate and Darkcoin dev had good intentions too back then.

Only invest in alt coins if you are inside trading. Never try to chase a pump. You will get rekt.

Litecoin is still legitimate, one of the few coins where there was No premine by Dev.

You also know the term insta-mining, right?

If you closely investigate the addresses, and especially the addresses who received a massive amount of freshly mined litecoins at the very early stage of litecoin, you would see a pattern Wink

Can't be worse than Bitcoin unless it's darkcoin. lulz

Why are you spamming a bitcoin forum if bitcoin is so terrible.

Why not go and post on your altcoin fora instead!

Pecunia non olet

full member

Activity: 882

Merit: 102

PayAccept - Worldwide payments accepted in seconds

Quote from: 1Referee on May 20, 2015, 08:23:43 AM

Quote from: gizmoh on May 20, 2015, 01:26:33 AM

Quote from: Morecoin Freeman on May 19, 2015, 10:49:34 PM

In my opinion all alt coins are scams. Some more than others.

This is coming from someone who got away with turning $3,000 into $50,000 from trading alt coins between 2013 and 2014 (Lite, Dark, Asia, Liberty, Voot).

I still feel somewhat dirty because I know a lot of people got trapped holding the bags.

Only Litecoin used to be legitimate and Darkcoin dev had good intentions too back then.

Only invest in alt coins if you are inside trading. Never try to chase a pump. You will get rekt.

Litecoin is still legitimate, one of the few coins where there was No premine by Dev.

You also know the term insta-mining, right?

If you closely investigate the addresses, and especially the addresses who received a massive amount of freshly mined litecoins at the very early stage of litecoin, you would see a pattern Wink

Can't be worse than Bitcoin unless it's darkcoin. lulz

inca

legendary

Activity: 1176

Merit: 1000

You are welcome to your own opinion.

Good luck picking up some bitcoins at a much lower price that 220 ~~ever~~ for the rest of the year.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: gizmoh on May 20, 2015, 01:26:33 AM

Quote from: Morecoin Freeman on May 19, 2015, 10:49:34 PM

In my opinion all alt coins are scams. Some more than others.

This is coming from someone who got away with turning $3,000 into $50,000 from trading alt coins between 2013 and 2014 (Lite, Dark, Asia, Liberty, Voot).

I still feel somewhat dirty because I know a lot of people got trapped holding the bags.

Only Litecoin used to be legitimate and Darkcoin dev had good intentions too back then.

Only invest in alt coins if you are inside trading. Never try to chase a pump. You will get rekt.

Litecoin is still legitimate, one of the few coins where there was No premine by Dev.

You also know the term insta-mining, right?

If you closely investigate the addresses, and especially the addresses who received a massive amount of freshly mined litecoins at the very early stage of litecoin, you would see a pattern Wink

Paashaas

legendary

Activity: 3512

Merit: 4557

Quote from: Pecunia non olet on May 20, 2015, 07:25:51 AM

Quote from: Paashaas on May 20, 2015, 07:01:08 AM

Quote from: Pecunia non olet on May 19, 2015, 04:37:48 PM

My condolences to the bitcoin die hards. You're looking at more slow decline or best case stagnation with some random little pump and dumps during next months while we rock the shit on alts in the foreseeable future. Soome hefty gains happening right now.
Don't get stuck holding a bag. 100% portofolio in old bitcoin is risky business.

#toldyou

ahh another idiot who cant handle Bitcoin, k bey!

This is pretty much a nothing-comment. I think i found a picture of you.

No noob thats you, you dont got a clue what you are talking about. Having fun trolling uss while you making a retard off youreself. You aint a smart guy isnt' it?
Go to another altcoin forum and cry there plz.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

I've never been remotely interested in buying altcoins, I just don't trust them or believe they have any real future.
As far as the success of cryptocurrency is involved it's Bitcoin or nothing imo.
I just don't think any altcoin offers anything to me/us that bitcoin doesn't.
As far as the OP title goes - Bitcoin is going nowhere.
2016 will be a big year for bitcoin & I believe is the time we really start to see results.

Pecunia non olet

full member

Activity: 882

Merit: 102

PayAccept - Worldwide payments accepted in seconds

Quote from: Amph on May 20, 2015, 07:43:09 AM

i was not talking about pure clone, litecoin is not a non-clone because it use scrypt you know, the same for darkcoin or any other crap release today too, a clone is still a clone, as long as they share the base with bitcoin

it was available to everyone if you missed it it was your fault, i remember there were already video in 2009-2010 and official site(bitcoin.org) was running up by that time

https://en.bitcoin.it/wiki/History, it's not like it was hidden by satoshi so he could instamine a coin that was worth zero, come on be serious...

The fact remains that bitcoins' distribution is the worst of almost all coins due to the fact that information does not spread as fast.

An altcoin that's 2 years old today normally has a much better distribution than bitcoin had when it was the same age. It is a provable fact that altcoins are much fairer distributed than Bitcoin could ever have been... and people know it and that's why the network effect of Bitcoin will be outdone by any altcoin with a better wealthdistribution on the longterm timeframe.

Bitcoins' networkeffect is inferior to that of popular altcoins on the longterm timeframe.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Pecunia non olet on May 20, 2015, 07:33:42 AM

Quote from: Amph on May 20, 2015, 07:15:39 AM

bitcoin is special because it is the first, the others are clone, bitcoin it is not

First mover wears off.
Not all coins are a clone of Bitcoin. In fact these days none of the coins is a clone of bitcoin anymore. Nobody clones bitcoin anymore, really. A clone 1 to 1 wouldn't even go to exchanges or be mined nowadays.

Quote from: Amph on May 20, 2015, 07:15:39 AM

bitcoin was released to everyone, the problem lies in the people of that time that saw it as a scam or virus, they didn't trust it, not certainly a bitcoin fault

How was it released to "everyone"? How? Who is "everyone"? A few people on a mailinglist for cryptography, that's who. (the dev and his buddies)
Normal people who were not on the mailinglist heard about it years later when silk road and the first bubble made headlines in also only a very few blogs and special interest magazines. In no way was it released to "everyone". Altcoins have been released to "everyone" after cryptocurrency NOW is widely known. Before 2012 nobody ever heard of it and a VERY SMALL GROUP OF PEOPLE were mining HIGH REWARDS on LOW DIFFICULTY on their LAPTOP CPUs.

It was a ninjalaunch and stealthmine which went on for years and led to miserable wealth distribution. Can't be denied.
There is even evidence to be found in the old archives that show satoshi did not want it to go public too early. Wonder why ... so he can mine with his Laptop some more hundreds of thousands with his other 20 to 40 friends.

i was not talking about pure clone, litecoin is not a non-clone because it use scrypt you know, the same for darkcoin or any other crap release today too, a clone is still a clone, as long as they share the base with bitcoin

it was available to everyone if you missed it it was your fault, i remember there were already video in 2009-2010 and official site(bitcoin.org) was running up by that time

https://en.bitcoin.it/wiki/History, it's not like it was hidden by satoshi so he could instamine a coin that was worth zero, come on be serious...

also he wasn't a propaganda man, it was difficult for him to spread the news regarding that new technology called bitcoin

Pecunia non olet

full member

Activity: 882

Merit: 102

PayAccept - Worldwide payments accepted in seconds

Quote from: Amph on May 20, 2015, 07:15:39 AM

bitcoin is special because it is the first, the others are clone, bitcoin it is not

First mover wears off.
Not all coins are a clone of Bitcoin. In fact these days none of the coins is a clone of bitcoin anymore. Nobody clones bitcoin anymore, really. A clone 1 to 1 wouldn't even go to exchanges or be mined nowadays.

Quote from: Amph on May 20, 2015, 07:15:39 AM

bitcoin was released to everyone, the problem lies in the people of that time that saw it as a scam or virus, they didn't trust it, not certainly a bitcoin fault

How was it released to "everyone"? How? Who is "everyone"? A few people on a mailinglist for cryptography, that's who. (the dev and his buddies)
Normal people who were not on the mailinglist heard about it years later when silk road and the first bubble made headlines in also only a very few blogs and special interest magazines. In no way was it released to "everyone". Altcoins have been released to "everyone" after cryptocurrency NOW is widely known. Before 2012 nobody ever heard of it and a VERY SMALL GROUP OF PEOPLE were mining HIGH REWARDS on LOW DIFFICULTY on their LAPTOP CPUs.

It was a ninjalaunch and stealthmine which went on for years and led to miserable wealth distribution. Can't be denied.
There is even evidence to be found in the old archives that show satoshi did not want it to go public too early. Wonder why ... so he can mine with his Laptop some more hundreds of thousands with his other 20 to 40 friends.

Don't fool yourself. People know this.

Pecunia non olet

full member

Activity: 882

Merit: 102

PayAccept - Worldwide payments accepted in seconds

Quote from: Paashaas on May 20, 2015, 07:01:08 AM

Quote from: Pecunia non olet on May 19, 2015, 04:37:48 PM

My condolences to the bitcoin die hards. You're looking at more slow decline or best case stagnation with some random little pump and dumps during next months while we rock the shit on alts in the foreseeable future. Soome hefty gains happening right now.
Don't get stuck holding a bag. 100% portofolio in old bitcoin is risky business.

#toldyou

ahh another idiot who cant handle Bitcoin, k bey!

This is pretty much a nothing-comment. I think i found a picture of you.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Pecunia non olet on May 20, 2015, 04:57:48 AM

Quote from: Morecoin Freeman on May 19, 2015, 10:49:34 PM

In my opinion all alt coins are scams. Some more than others.

This is coming from someone who got away with turning $3,000 into $50,000 from trading alt coins between 2013 and 2014 (Lite, Dark, Asia, Liberty, Voot).

I still feel somewhat dirty because I know a lot of people got trapped holding the bags.

Only Litecoin used to be legitimate and Darkcoin dev had good intentions too back then.

Only invest in alt coins if you are inside trading. Never try to chase a pump. You will get rekt.

I have a different perception ... especially of darkcoin which was heavily instamined. In my opinion bitcoin is a ninjalaunch/stealthmine scam too with very bad distribution of wealth. Bitcoin basically represents the concept of "dev premines a coin with his buddies for 6 to 18 months before releasing it to the world". So let's just say ALL coins are scam, honey; not just every coin except the ones you hold. Alrighty?

On my part i see some legit alts too. I wouldn't say they are all scams. Most of them, but really not all.

I don't see why we actually even use the term "altcoins". In reality it's "cryptocurrency" and bitcoin is not special at all.

bitcoin is special because it is the first, the others are clone, bitcoin it is not

bitcoin was released to everyone, the problem lies in the people of that time that saw it as a scam or virus, they didn't trust it, not certainly a bitcoin fault

also the diff started at 1, nothing to compare with the garbage altcoins full of initial blocks with xxxxx reward and the rest at xx, or diff at 0.0001(kimoto gravity or any better variant of it can't do shit here against instamine) that had helped exclusively, rented machines from all over the place

Quote from: Pecunia non olet on May 20, 2015, 06:55:40 AM

Quote from: spud21 on May 20, 2015, 06:18:04 AM

Quote from: Pecunia non olet on May 20, 2015, 04:57:48 AM

........

In my opinion bitcoin is a ninjalaunch/stealthmine scam too with very bad distribution of wealth. Bitcoin basically represents the concept of "dev premines a coin with his buddies for 6 to 18 months before releasing it to the world".

...........

When Satoshi released bitcoin to the world nobody gave a crap about it. That's why Satoshi and his buddies were the only early miners. There is no way I would accuse them of being scammers.

Technically it was still a ninjalaunch and stealthmine. It wasn't widely known in the early years. Now it is and thus newer coins have more early adopters and better wealthdistribution. These are simply facts.

the point stand, it was not a bitcoin fault, but a general wrong perspective, that users had at that time

Topic: Condolences to the bitcoin die hards - page 3. (Read 5500 times)