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Topic: I feel pity for bitcoin - page 2. (Read 3590 times)

legendary
Activity: 1568
Merit: 1005
beware of your keys.
January 23, 2016, 02:27:53 AM
#52
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.
legendary
Activity: 1694
Merit: 1006
January 23, 2016, 02:17:45 AM
#51

Let's look at snapchat: it gains more new users in a single month than BTC does in one year. Why?

That's a poor comparison. Snapchat is free, costs nothing to use, and has no risk to entry. Bitcoin is more useful in the long term, but its money after all. Snapchat is a toy.
legendary
Activity: 1652
Merit: 1057
January 23, 2016, 01:58:57 AM
#50
Wow, what a pessimistic outlook about the bitcoin future...! But unfortunately it seems a very realistic idea about what could occur with this technology given these negative conditions. I have been always aware of it and that is why I prefer to diversify my investments, avoiding any excessive confidence about the future of bitcoin.

Try your own struggle, the problem with that will be solve sooner, problems occurr everywhere and also some of the users at there leave to work at there, but the system does not stop. Someone there solve the problem. I do not worry about bitcoin ecosystem, it will overcome, there is no need of diversifying my investments.

legendary
Activity: 3052
Merit: 1047
Your country may be your worst enemy
January 21, 2016, 01:59:19 PM
#49
There are some old folks very happy to collect stamps, you know.
Hey!  I collect stamps, I'll have you know and I'm not old.  I also write letters and pay my utility bill the old-fashioned way with a check through the mail.  And I still text and use a smart phone and all the other new-school ways of communicating as well.  And I use bitcoin, and from my limited understanding of bitcoin I think its problems are way overblown.  But I do admit my understanding is limited.  I don't want any dissing of stamp collectors here.  LOL

You can rest! I've got nothing about stamp collectors. I used this as an example of a group with static, or nearly static user base.

Let's look at snapchat: it gains more new users in a single month than BTC does in one year. Why? I've been here long enough to remember that where there guys saying that BTC would grow bigger than Facebook. It hasn't, and nobody's saying that anymore. BTC has just stalled. It's not dead, nor dying, but the huge growth everybody was expecting is nowhere in sight, and one reason behind this is the scalability issue. BTC needs to be able to grow ten-fold this year, and one hundred fold next year.
legendary
Activity: 1946
Merit: 1007
January 21, 2016, 03:21:59 AM
#48
There are some old folks very happy to collect stamps, you know.
Hey!  I collect stamps, I'll have you know and I'm not old.  I also write letters and pay my utility bill the old-fashioned way with a check through the mail.  And I still text and use a smart phone and all the other new-school ways of communicating as well.  And I use bitcoin, and from my limited understanding of bitcoin I think its problems are way overblown.  But I do admit my understanding is limited.  I don't want any dissing of stamp collectors here.  LOL

I agree, some of the issues at hand seem to be very overblown.. I understand you don't want to hardfork a system like bitcoin whenever it suits you, but if it is needed, it should be done.

Unfortunately, many of the developers and miners have their own agenda, making it very difficult to propose changes that most people can live with. This is what causes the problems.
hero member
Activity: 966
Merit: 507
January 21, 2016, 03:17:38 AM
#47
Wow, what a pessimistic outlook about the bitcoin future...! But unfortunately it seems a very realistic idea about what could occur with this technology given these negative conditions. I have been always aware of it and that is why I prefer to diversify my investments, avoiding any excessive confidence about the future of bitcoin.
sr. member
Activity: 378
Merit: 250
January 21, 2016, 02:19:46 AM
#46
There are some old folks very happy to collect stamps, you know.
Hey!  I collect stamps, I'll have you know and I'm not old.  I also write letters and pay my utility bill the old-fashioned way with a check through the mail.  And I still text and use a smart phone and all the other new-school ways of communicating as well.  And I use bitcoin, and from my limited understanding of bitcoin I think its problems are way overblown.  But I do admit my understanding is limited.  I don't want any dissing of stamp collectors here.  LOL
The problem that Bitcoin was dead was a small thing at the start and then now it has become a huge deal. What are we doing?
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
January 21, 2016, 01:50:55 AM
#45
Death of Bitcoin delayed again: 420
member
Activity: 70
Merit: 10
January 21, 2016, 01:43:00 AM
#44
I don't think BTC will be damaged that much by Hearn choice to leave, it's a free market and if you couldn't convince others to follow your opinion "or at least the majority of them" then that's it. Thanks for Hearn for all his effort with BTC but calling it a failed project is over-the-top IMO
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
January 20, 2016, 11:40:20 PM
#43
Gavin is radical but I have to admit he is objective most of the time: Hearn is just too pessimistic
legendary
Activity: 3374
Merit: 6880
Top Crypto Casino
January 20, 2016, 08:20:53 PM
#42
There are some old folks very happy to collect stamps, you know.
Hey!  I collect stamps, I'll have you know and I'm not old.  I also write letters and pay my utility bill the old-fashioned way with a check through the mail.  And I still text and use a smart phone and all the other new-school ways of communicating as well.  And I use bitcoin, and from my limited understanding of bitcoin I think its problems are way overblown.  But I do admit my understanding is limited.  I don't want any dissing of stamp collectors here.  LOL
legendary
Activity: 1358
Merit: 1093
January 20, 2016, 08:19:19 PM
#41
No need to. This coin is here to stay for a long time and I truly believe it will have a bright future.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
January 20, 2016, 08:18:15 PM
#40
~
 Can you name another business where problems don't get solved, and people just bury their heads in the sand hoping the problem would disappear?
~

There are a lot of them. In fact all the businesses we can think of have their problems and some of them never solved but "the show must go on" as they say.

I don't like to make unfounded staments so here's the list of unsolved problems in physics for example:

https://en.wikipedia.org/wiki/List_of_unsolved_problems_in_physics

And there many other fields you know and all of them have their unsolved problems, but the life is going on nevertheless.

No! Problems are being solved in every business in the real world. The electric car wasn't working, but now we have some which can drive 300 miles. Lightning is getting more efficient with LEDs. We're having smartphones with more computing power than a mainframe computer of 20 years ago. Cars are getting safer and faster...

I created this topic as a reaction to Mike Hearn's departure, but I shall add that I'm a BTC entrepreneur. I have a BTC business waiting on my server (well, a small one, it would be managed in my spare time at first). My project has been sitting since last summer, but I'm not launching it because the market conditions aren't good. I'm ready to make it big, and I'm willing to put money into it, but BTC's future is just not secure enough at this time. I need to see where BTC's heading and I need to be sure that BTC can grow big without any hiccup.



I'm waiting for this too. I'll be happy to see Bitcoin settled into new block size.
legendary
Activity: 3052
Merit: 1047
Your country may be your worst enemy
January 20, 2016, 08:11:10 PM
#39
~
 Can you name another business where problems don't get solved, and people just bury their heads in the sand hoping the problem would disappear?
~

There are a lot of them. In fact all the businesses we can think of have their problems and some of them never solved but "the show must go on" as they say.

I don't like to make unfounded staments so here's the list of unsolved problems in physics for example:

https://en.wikipedia.org/wiki/List_of_unsolved_problems_in_physics

And there many other fields you know and all of them have their unsolved problems, but the life is going on nevertheless.

No! Problems are being solved in every business in the real world. The electric car wasn't working, but now we have some which can drive 300 miles. Lightning is getting more efficient with LEDs. We're having smartphones with more computing power than a mainframe computer of 20 years ago. Cars are getting safer and faster...

I created this topic as a reaction to Mike Hearn's departure, but I shall add that I'm a BTC entrepreneur. I have a BTC business waiting on my server (well, a small one, it would be managed in my spare time at first). My project has been sitting since last summer, but I'm not launching it because the market conditions aren't good. I'm ready to make it big, and I'm willing to put money into it, but BTC's future is just not secure enough at this time. I need to see where BTC's heading and I need to be sure that BTC can grow big without any hiccup.

hero member
Activity: 1092
Merit: 520
January 20, 2016, 03:50:08 PM
#38
I just wish people would learn how to write english properly, some of these threads become really hard to read...... Roll Eyes
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
January 20, 2016, 03:23:56 PM
#37
Don't be so negative about current bitcoin situation. It is not tragic, or even remotely bad. We are just keeping status quo for now but that doesn't mean bitcoin couldn't evolve.
I admit that lack of consensus is problematic and can be the biggest threat to bitcoin in the end but there is hope that people (I am thinking mainly about Chinese miners here)
will pick improvement and progress over fast cash here and now.
legendary
Activity: 2100
Merit: 1058
January 20, 2016, 03:00:14 PM
#36
Just because 1 developer gave up on bitcoin, doesn't mean that you should. If your neighbor doesn't believe in bitcoin anymore, is that going to stop you?
It's only 1 person that has so much effect on the bitcoin market, I don't think it should change the way you think about bitcoin.

Yes People do always come and go it does not mean that Bitcoins system is bad. Bitcoin's condition is changing daily. The thinking of only one person will not decide anything. There are many people who are in having full faith on bitcoin ecosystem and will definitely contribute to bitcoin's growth.


hero member
Activity: 994
Merit: 500
January 20, 2016, 02:13:44 PM
#35
basically we should pity is bitcoin prices. because bitcoin prices unbalanced make bitcoin is not used and has always been a joke for investors who do not use bitcoin

Just let them if they take it as a joke at least we can make money with it.
Bitcoin have always been not that balanced, but that is great about it because it can go up like at 1000 dollars or more.

This will be a great year guys in the beginning was not that great but we have still 11 month and a few days a head.
legendary
Activity: 3234
Merit: 2112
I stand with Ukraine.
January 20, 2016, 01:49:08 PM
#34
~
 Can you name another business where problems don't get solved, and people just bury their heads in the sand hoping the problem would disappear?
~

There are a lot of them. In fact all the businesses we can think of have their problems and some of them never solved but "the show must go on" as they say.

I don't like to make unfounded staments so here's the list of unsolved problems in physics for example:

https://en.wikipedia.org/wiki/List_of_unsolved_problems_in_physics

And there many other fields you know and all of them have their unsolved problems, but the life is going on nevertheless.
legendary
Activity: 1246
Merit: 1000
January 20, 2016, 01:27:04 PM
#33
If bitcoin is hard-forked, my current coins are still going to be valuable, no matter which fork succeeds.
So I will just sit back and watch things evolve.  Smiley
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