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Topic: I feel pity for bitcoin (Read 3590 times)

full member
Activity: 154
Merit: 100
February 19, 2016, 11:50:33 PM
#72
Why should you feel pity for bitcoin?
Bitcoin already won and became the world currency. You should feel pity of not having a lot of BTC

Yes true !!  we dont have too many BTC. and when the price will rise, we shall be feeling pity  of having less
Bitcoins.
sr. member
Activity: 313
Merit: 250
February 19, 2016, 06:22:21 PM
#71
I'm not a loser. Sad Sad Mike Hearn left because he was getting so much hate he couldn't handle it.

Mike Hearn left because he has a hidden agenda. And not because he was getting much hate. At the very beginning there was a lot panic, but all the negativity this dude has created has cleared up.

He did cause a lot of panic and people to have less faith in Bitcoin itself, even though it still has been going strong this year. People thought it was going to fail back in 2011, look where it is now.
legendary
Activity: 1232
Merit: 1091
February 19, 2016, 06:14:37 PM
#70
I'm not a loser. Sad Sad Mike Hearn left because he was getting so much hate he couldn't handle it.

Mike Hearn left because he has a hidden agenda. And not because he was getting much hate. At the very beginning there was a lot panic, but all the negativity this dude has created has cleared up.
hero member
Activity: 1022
Merit: 538
February 19, 2016, 06:08:13 PM
#69
I'm not a loser. Sad Sad Mike Hearn left because he was getting so much hate he couldn't handle it.
hero member
Activity: 616
Merit: 503
★Bitvest.io★ Play Plinko or Invest!
February 19, 2016, 05:47:02 PM
#68
You should feel pity for Mike Hearn as he:

1) Sold his coins before the huge pump that's coming
2) His power grab attempts failed (XT is dead and so is Classic)
3) He will be remembered as the idiot that was wrong and joined the collapsing industry (banks)

When will they learn.
Are you really trying to judge/lecture someone on things that you think are about to happen ?

At least wait until it happens before taking this condescending attitude...
legendary
Activity: 1218
Merit: 1007
February 19, 2016, 05:40:18 PM
#67
Why should you feel pity for bitcoin?
Bitcoin already won and became the world currency. You should feel pity of not having a lot of BTC
I wouldn't say that Bitcoin has won and become the world currency, but I will agree that OP should feel bad for not having more Bitcoin than what he has, at least from an investor's perspective.

It is not necessarily misplaced faith if you believe that Bitcoin can become a major currency of the world, but I would still wait a while before making such an extreme claim.
legendary
Activity: 1596
Merit: 1027
February 19, 2016, 05:34:03 PM
#66
Why should you feel pity for bitcoin?
Bitcoin already won and became the world currency. You should feel pity of not having a lot of BTC
newbie
Activity: 33
Merit: 0
February 19, 2016, 05:32:19 PM
#65
I also have pity for bitcoin and i hope this year it will be the biggest thing and more people will use it than paypal
full member
Activity: 154
Merit: 100
February 19, 2016, 11:54:13 AM
#64
You should feel pity for Mike Hearn as he:

1) Sold his coins before the huge pump that's coming
2) His power grab attempts failed (XT is dead and so is Classic)
3) He will be remembered as the idiot that was wrong and joined the collapsing industry (banks)

When will they learn.

yes i totally agree. the huge pump on bitcoin is coming this year. At least all the bitcoins holders should keep there coins save till that time and maybe earn double profits later this year in july August.
legendary
Activity: 1358
Merit: 1014
February 19, 2016, 11:49:16 AM
#63
You should feel pity for Mike Hearn as he:

1) Sold his coins before the huge pump that's coming
2) His power grab attempts failed (XT is dead and so is Classic)
3) He will be remembered as the idiot that was wrong and joined the collapsing industry (banks)

When will they learn.
full member
Activity: 154
Merit: 100
February 19, 2016, 10:58:06 AM
#62
Well we cant compare Stamps with Bitcoins. and bitcoins are not dead. once the problem is resolved you cant think how fast its gona grow.
It just a matter of time and sooner or later bitcoins will dominate.
legendary
Activity: 1568
Merit: 1268
February 19, 2016, 10:06:00 AM
#61
I think the way to go is by using payment channels which can be set up as an address on the blockchain, and then used repeatedly off-chain.

Doing this with a properly set up network (the so called Lightning network) of intermediaries (who don't need to be trusted) will mean far fewer blockchain transactions - and another advantage is that payments are instant. If it happens, bitcoin would (and could) definitely absorb new users.

I'm not sure what the current status is. Last I heard a soft fork is needed to add OP codes.

I'd love it to happen - in my opinion, this is the smart solution to the scaling problem.


Isn`t it something similar to Xapo wallet doing? All internal transactions are confirmed instantly.
member
Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
February 19, 2016, 10:03:18 AM
#60
I think the way to go is by using payment channels which can be set up as an address on the blockchain, and then used repeatedly off-chain.

Doing this with a properly set up network (the so called Lightning network) of intermediaries (who don't need to be trusted) will mean far fewer blockchain transactions - and another advantage is that payments are instant. If it happens, bitcoin would (and could) definitely absorb new users.

I'm not sure what the current status is. Last I heard a soft fork is needed to add OP codes.

I'd love it to happen - in my opinion, this is the smart solution to the scaling problem.

quite illusive.
the discussion about the maximum block size is flanked by too many different arguments.
Proposals differ from the kind of your suggestion to just doing nothing.
As the size was very much larger at the beginning, it is most likely this is going to happen.
Why?
the 1MB is not an elementary part of BTC.
and, it is the best solution in terms of complexity. Much easier to implement than splitting it up.
Kicking the can down the road, is by what I undertood, a mere politcal statement.
Not the most senseful in terms of BTC.
newbie
Activity: 26
Merit: 3
February 19, 2016, 09:55:53 AM
#59
I think the way to go is by using payment channels which can be set up as an address on the blockchain, and then used repeatedly off-chain.

Doing this with a properly set up network (the so called Lightning network) of intermediaries (who don't need to be trusted) will mean far fewer blockchain transactions - and another advantage is that payments are instant. If it happens, bitcoin would (and could) definitely absorb new users.

I'm not sure what the current status is. Last I heard a soft fork is needed to add OP codes.

I'd love it to happen - in my opinion, this is the smart solution to the scaling problem.
legendary
Activity: 1568
Merit: 1268
February 19, 2016, 09:53:57 AM
#58
Isn`t coming up faster miners can solve this issue? If machines are processing blockchain faster, perhaps problem could be solved? It might sound like a stupid question, i just don`t know much about the problem yet.
member
Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
February 19, 2016, 09:22:20 AM
#57
The problem about the blocksize is a substitute. The real "problem" is chinas influence on BTC.
The governemnt does NOT accept it, but they maintain most of the mining.

BTC rate will never go to the top in this situation, the half step next year could most likely bring a higer rate.
Between $600 and $1000 seems possible. If, this continues as it is.

Transactions and mining are chained together, it will become one business, simply that.
china had 4 trillion dollar in foreign currency. The Yuan has become reserve currency, accepted by the IWF.
They are increasing their influence. And for a lot of BTC enthusiasts this equals less freedom.
Let's be honest about that.

In the worst case we will have ideological differences reflecting the imminent boundaries between different cryptocurrencies.

full member
Activity: 238
Merit: 100
February 19, 2016, 08:34:38 AM
#56
Why feel pity for bitcoin? We are still quite popular. We're being occupied by new people all the time and it is wonderful. I never have any issue with Bitcoin. My only issue is what people say about it without ever occupying it themselves.

Very true. Not to mention there are big players coming in the game and new merchants supporting Bitcoin. Haters gonna hate bro.
member
Activity: 70
Merit: 10
February 19, 2016, 08:28:08 AM
#55
Why feel pity for bitcoin? We are still quite popular. We're being occupied by new people all the time and it is wonderful. I never have any issue with Bitcoin. My only issue is what people say about it without ever occupying it themselves.
hero member
Activity: 812
Merit: 1000
January 24, 2016, 02:08:48 AM
#54
Sorry but I don't understand what you're getting at OP. What do you suggest?

Are you suggesting we should support hard fork? because thats what I feel like you're saying.

I really wonder why some people are really pushing so hard for hard fork.
legendary
Activity: 1330
Merit: 1019
January 23, 2016, 08:36:39 AM
#53
Death of Bitcoin delayed again: 420
it is now around $390 AFAIK, bitcoin is now considered to be 'impending dead' once again. Sad
that's too funny that bitcoin has 'dead' for at least 50 times.
No problems brother, its a part of Bitcoins life. It will go up but once some people withdraw good amount of Bitcoins and less usages there it goes down. So can get the rate what we want, when we all hold our Bitcoins till 450 dollars.
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