Topic: Dr.Craig Wright talking about the end of bitcoin next year. [No FUD here] - page 2. (Read 842 times)

I think that you are out to discredit Bitcoin whenever you can. Payment processors implement altcoins because it's stupid to only stick to Bitcoin with how large the communities behind some altcoins are. If you stick to Bitcoin, you are excluding like 50% of potential revenue, now tell me, what business does that?

On top of that, people aren't spending their coins, doesn't matter whether it's Litecoin, BCrash, Ethereum, XRP, etc. It's the nature of this market that people don't spend that what they believe might pump tomorrow, especially when you take into consideration that people are too lazy to replace spent coins.

Extra point; BitPay didn't diversify, their BCash listing is purely the result of Bitmain's and Roger's influence. They will do whatever they can to block any other coin, because we all know (even with his hash war that costs them like $0.5-$1 million per day) that they don't mind losing money. It's a political battle for them.

bitcoin merchant adoption has DROPPED.

funny part is, it was your own words that highlighted that you know it. because in previous topics you admitted that coinbase and bitpay had to diversity their merchant payment tools to include altcoins because merchants were moving away from bitcoin

now customers when they go to merchants that accept crypto. get presented with a shopping cart that lets users choose which coin to pay with.
its no longer just bitcoin..

but hey all i see is lack of substance in your reply and just an insult.

come on atleast admit people do use other coins. im not saying the 99% of crap coins. but i mean the main ones like ethereum, litecoin for example.
(if you wish to flip flop/deny it. i would usually ask you to do your own research, but lets just spoonfeed you just this once
https://commerce.coinbase.com/docs/images/shopify_final.png
https://help.coinify.com/article/108-list-of-supported-blockchain-currencies)

as for bitcoin network security..  ill just say "inflight upgrades" which your own words have said allows devs to slide in upgrades without needing the communities consent.

theres no need you to reply with your flip flop meanders on the topic.
you spent about a month saying that core dont and shouldnt need network permission.. so dont backtrack now. they have a backdoor to avoid consensus, which you seem to love
you have defended devs motives enough. but still lacked the concern for the network.

That still isn't an argument against either LN or the long-term future of Bitcoin.  For the most part, people aren't SPENDING those altcoins in the real world.  The only economic activity is playing the markets.  It doesn't matter how cheap or fast an altcoin is if no one accepts it in exchange for goods and services.  Bitcoin is fast enough and cheap enough.  That's all it needs to be.



You don't get to tell people to "think logically" when you're the one being illogical.  Again, people already have the choice.  They've had the choice for years.  And whatever they choose in the short term, Bitcoin has still retained its #1 spot. 

Having been on this forum for as long as you have, it's baffling how you haven't figured out the part where utility, security and network effects are considerably more important than raw speed and generally being tighter than a duck's arse with your tx fees.  Even most of the newbs who've been here less than a month can figure that out.  Either you're trolling, or you're just not very bright.

if what Dr. Craig Wright says is a reference and is trusted, this is no different when JP MORGAN attacks bitcoin. What is the difference ?
whatever they say is an assumption that is not based on strong facts and evidence. I am sure he will swallow round what he has said.

comedy again.
yet people are already doing it. loads of people that use exchanges exit the exchange not with BTC but by using altcoins so that can arbitrage value to other exchanges without delay.
take the whole purpose of USDT and stable coins.

even back in 2012 people were arbitraging via litecoin instead of bitcoin.
some where even using bitinstant 'codes' via the reserves to move between mtgox, bitstamp and btc-e without having to exit with BTC

its why exchanges have such huge HOARDS. .. because not everyone is taking their BTC out

think logically
people us a separate network service thats micropenny cost and no delay.. you think they are going to choose a slow costly blockchain or a cheap speedy blockchain

.. and dont try the whole "bitcoin worth XXXX while altcoins worth XX".. because people are smart enough that if they have $6k it does not matter if they put it in btc or altcoin. because they will get 1btc or 100altcoin which both equal thee same value

EG people doont buy 1 gold bar. they buy several ingots, hundreds of ounces as its then easier to move than a bar, and doesnt cause as much dust to break it up when making split payments

Someone says it is right time to buy again BTC.

Example: https://cryptonews.com/news/this-investor-beats-the-market-says-it-s-a-good-time-to-buy-2934.htm

But I think we have to be carefull. It is too risky. I want to believe and buy more BTC but it can be trap.

It seems to be like it is just FUD.
Creating chaos to shaken the bitcoin world.
Not even a good actor at all. But if he could pull some bitcoin holders down then it will be a success right? And I am betting he may have successfully did it.

Lots of negative threads being created and telegram is full of crap for negativity against bitcoin.
This is the power of a known man creating thid kind of FUD. It may affect the value of bitcoin a little.

Now replace each instance of "LN" with "centralised exchanges" in that quoted text and explain why Bitcoin isn't dead already.  People already have the option to leave Bitcoin in favour of an altcoin, so LN will be no different in that regard (apart from the notable exception that it's better than trusting a centralised exchange with your funds).  Clearly BTC still has enough value and utility for people to keep using it.

I'll demonstrate for you:


Definitely sounds like something that doesn't match up with reality.  No wonder you said it.  

At first I thought the answer to that question was simple, because he just want to scare Bitcoin (BTC) investors in an attempt to get as much people as possible to sell their coins and to buy Bitcoin CashSV, but I think the answer is a lot more complex. The guy has a serious God complex and in his mind he is Satoshi Nakamoto, so he wants to destroy all other coins that does not adhere to his vision of what Bitcoin should be.

The real Satoshi Nakamoto never said that Alt coins or competing coins should be destroyed and I doubt that he/she/they would want that to happen. This is just empty threats and FUD being created by the master scammer. 

why do you think litecoin vertcoin and a few others have made themselves LN compatible.. you have the answer above

Not just that, there was the part where he talked about making exchanges lives a living hell then going back later to make it worse. In what universe does that do anyone any good. He's a real salt the earth so nothing grows kind of guy.

I can't say I've ever really given the guy much consideration, he's just never done anything to peak my interest while actively participating in the community. Like someone else said he just sorta pops in and out and makes a big splash about it.


Well they were all good buddies for a while. This is what happens when you act shady and deal with snakes. I remember trying to digest and disseminate information Ver and bunch were passing off on the Bitcoin.com website, you know a trustworthy source of information about the real vision of bitcoin and what not. Made for a hell of a time figuring out where I was and what I was or wasn't supporting while trying to figure out the basics.

With that whole interview it wouldn't matter what great content he delivered, or proof he has any coding or programming skills. The second he stated that BTC would be gone entirely, that there was a fatal bug that he knows about and obviously doesn't feel like sharing; it all became FUD.

It was also the instant he pretty much contradicted himself. With the I don't have the time to attack BTC, to actually I don't need to it'll kill itself. Awesome dude, can't wait to hear more.

you can't say "Craig Wright" and say what he is saying is not FUD. the two are synonyms!

as others said, this is for personal gains. and it is not the first time. the bitcoin market has always been emotional and acted as such too. that means with a big enough drama you can influence the market greatly.
google Mike Hearn, back in 2016 he went crazy and started FUDing bitcoin and caused a 25% drop like now.
from time to time they change the strategy of the FUD and create a new one to keep the effectiveness!

Saying that bitcoin is dead or will be dead, is just meaningless. There is definitively and provably zero possibility for bitcoin to die. 

For a person whose original field of education is theology, saying such a crap is not shocking, what is wierd is this theologist being the same person who claims to be the genius who invented bitcoin! It is really an insane level of self-contradiction. How is it possible for the  inventor of bitcoin not to understand how immortal is the system? I mean it, how such a person claims both at the same time? He is high on something, I bet.

Faketoshi is IMHO clinically insane and one of the worst enemies of crypto. He has made it clear that he is willing to destroy BTC and BCH. His tone and content is so close to that of well known twitter troll Bitfinexed, that I would not be surprised if they were one and the same person.  

His psy-OP level FUD is vile and disgusting; I must say I have never felt more sympathy for his opponents Roger Ver and Jihan Wu.

not Craig Wright but Craig Wrong lol
he can't prove himself the real Satoshi Nakamoto
this guy is the ultimate FUDster
what he wants to do is damage the cryptocurrency ecosystem, especially bitcoin

i dont trust Dr. Craig Wright and surely don't trust what he says about bitcoin. I just feel he is been used to try to manipulate the bitcoin and cryptocurrency world. he should be ignored

Just makes us believe in Bitcoin. Most big investors have greed for investing in Cryptocurrency. No fool would drop a piece of cake that would bring him a profit every day. You can see that Bitcoin is so easy to evaporate and greedy people use it to manipulate it for profit. A statement with no evidence just makes us believe in Bitcoin.

Craig Wright is a bully. He wants others to think that he's Satoshi but does what Satoshi would never do. Tries to scare other coins that compete on an open market into submission, threatens people, calls other devs names. I once thought that Roger Ver is a pompous clown but Craig is much worse. You know what is funny? That most people don't care about his fork and think that it won't succeed. ABC's community is much bigger and it will show in value when we are able to trade SV on exchanges.

First of all, if one person can destroy a crypto-asset, then that crypto-asset is NOT supposed to exist in the first place.

Apart from this, is it very difficult to understand that this guy is an attention whore. First he claimed, he can sign a message with the address, where Genesis block was mined. He could not and vanished for some time. Now, he is back again with some moneyed friend, who are supplying him some hash power. With this new power he is drawing attention again and will most likely end up pimping for an Alt. I mean, most of the attention grabbing techno blabbers in Bitcoin space has done that so far.

As long as Satoshi's coins are not moving, why worry?

craig wright is just a flop flop of social drama
contradicts himself, and just has a "fake it til you make it" mindset

but with that said.

LN is not a bitcoin payment system.
LN is a separate payment system for multiple coins.

now if the bitcoin network doesnt innovate the bitcoin network to be usable and cheap (i mean the actual bitcoin network).

 people will deposit bitcoins into LN. play around on LN but not want to get BTC back(slow confirms, only ~2k tx per block, higher fee's than many countries min wage). people will instead want to exit LN via an altcoin thats cheaper and faster.

its exactly like 19th century gold.
deposit gold into a payment network.. play with unaudited receipts of 'promised'(but not guaranteed) ownership(old bank notes). and at the end take out copper brass nickel metals(pennys, quarters)