Topic: I have NEVER seen Bitcoin in such a sorry state as this!! - page 5. (Read 1763 times)
YES, THERE IS NOTHING IN THIS NO, REMEMBER OR LOOK AT THE BITCOIN COURSE SCHEDULE IN THE PAST YEAR AND COMPARE DATES AND YOU WILL SEE AS IT AFTER YOURSELF THEN SHAKED VERY VERY VERY VERY MUCH !!! HERE WE ARE WAITING FOR THE SAME THAT ONLY THE FLIGHT WILL BE ABOVE)) !!!
Now I want to ask why bitcoin is in a miserable state?
Adam Back, 1MegGreg, Blockstream, Lightning, SegWit. They ruined it for good. Lots of people knew this would spell the end of Bitcoin two years ago. You probably should have listened closer when Mike Hearn rage quit. He pretty much told it like it is. Shit would hit the fan - then it did. Bye bye Bitcoin.
At least we still have the real bitcoin: Bitcoin Cash.
it's worth the high price fitting right down and I'm not surprised
Now I want to ask why bitcoin is in a miserable state? If he is afloat and from him goes direct earnings and convenience in using it means everything is fine!
may be different for now because now Bitcoin has decreased in price, different at the end of 2017 yesterday when it rose very high.
I once had to move 0.1 Bitcoin from a local Exchange to Bittrex, and that was a 100,000 satoshi fee. But now it's down again to 50,000 satoshi with 0.1 Bitcoin moving value.
I once had to move 0.1 Bitcoin from a local Exchange to Bittrex, and that was a 100,000 satoshi fee. But now it's down again to 50,000 satoshi with 0.1 Bitcoin moving value.
Several transactions of mine have gone with 0 confirmations in the past several days. And some of those I was paying 1.5X or 2X the recommended fees. Nothing. Nada. Zilch.
Bitcoin has gone from being an expensive network to use to a practically unusable network. I was defending Bitcoin against millions of tards back in 2011 and 2012. Are they going to have the last laugh on me now? It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work". Umm... NO IT IS NOT .
I have ZERO confidence left in Core and their "developers". Their network can't handle the slightest bit of volume without totally seizing up. And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system?? Really?? You can't do your job properly so you want people to run a tab in BTC?? You saw this coming from 10 miles away and did nothing about it. Stupid or malicious?... you decide.
I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations". And not throw out "but but centralization!!" juvenile red herrings!
Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"
There is no such bad condition of bitcoin as it seem to be. Though bitcoin has been going through many ups and downs during these months but it doesn’t mean that it will not recover ever. Bitcoin is very sustainable crypto currency and it will last for many decades so the deflation in the VA is very common in every investment so the same is applicable for bitcoin also and moreover the valuation is inflated from last few weeks and I think it has inflated to about 20% and according to some economists it will further inflate in the coming months. Bitcoin has gone from being an expensive network to use to a practically unusable network. I was defending Bitcoin against millions of tards back in 2011 and 2012. Are they going to have the last laugh on me now? It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work". Umm... NO IT IS NOT .
I have ZERO confidence left in Core and their "developers". Their network can't handle the slightest bit of volume without totally seizing up. And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system?? Really?? You can't do your job properly so you want people to run a tab in BTC?? You saw this coming from 10 miles away and did nothing about it. Stupid or malicious?... you decide.
I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations". And not throw out "but but centralization!!" juvenile red herrings!
Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"
Several transactions of mine have gone with 0 confirmations in the past several days. And some of those I was paying 1.5X or 2X the recommended fees. Nothing. Nada. Zilch.
Bitcoin has gone from being an expensive network to use to a practically unusable network. I was defending Bitcoin against millions of tards back in 2011 and 2012. Are they going to have the last laugh on me now? It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work". Umm... NO IT IS NOT .
I have ZERO confidence left in Core and their "developers". Their network can't handle the slightest bit of volume without totally seizing up. And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system?? Really?? You can't do your job properly so you want people to run a tab in BTC?? You saw this coming from 10 miles away and did nothing about it. Stupid or malicious?... you decide.
I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations". And not throw out "but but centralization!!" juvenile red herrings!
Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"
Bitcoin has gone from being an expensive network to use to a practically unusable network. I was defending Bitcoin against millions of tards back in 2011 and 2012. Are they going to have the last laugh on me now? It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work". Umm... NO IT IS NOT .
I have ZERO confidence left in Core and their "developers". Their network can't handle the slightest bit of volume without totally seizing up. And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system?? Really?? You can't do your job properly so you want people to run a tab in BTC?? You saw this coming from 10 miles away and did nothing about it. Stupid or malicious?... you decide.
I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations". And not throw out "but but centralization!!" juvenile red herrings!
Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"
Good for you - you realized it is good for absolutely no practical purpose and was lucky to sell at around 16.000 - as opposed to the "HODL" cult members in here you are stuck with counting their losses and clining to hope as their only strategy
Wait a minute! KwuckDuck is that you talking to your alts again? Lol, welcome back.
In this statement that I have never seen bitcoin in such a sorry state as this they are frustrated and over thinker about the value of the bitcoin in the market, there no worries about it because it is a normal state that bitcoin have some changes of value to high to low or what.
It is true that we do not know what Bitcoin is now doing. But it is preocupant for us all. When people show a terrible fee for it, they simply carry their meaning. It is been weeks and weeks that fees are reaching ridiculous amounts. Sad to see, but expected.
That is the normal thing of the market
Several transactions of mine have gone with 0 confirmations in the past several days. And some of those I was paying 1.5X or 2X the recommended fees. Nothing. Nada. Zilch.
Bitcoin has gone from being an expensive network to use to a practically unusable network. I was defending Bitcoin against millions of tards back in 2011 and 2012. Are they going to have the last laugh on me now? It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work". Umm... NO IT IS NOT .
I have ZERO confidence left in Core and their "developers". Their network can't handle the slightest bit of volume without totally seizing up. And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system?? Really?? You can't do your job properly so you want people to run a tab in BTC?? You saw this coming from 10 miles away and did nothing about it. Stupid or malicious?... you decide.
I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations". And not throw out "but but centralization!!" juvenile red herrings!
Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"
Bitcoin has gone from being an expensive network to use to a practically unusable network. I was defending Bitcoin against millions of tards back in 2011 and 2012. Are they going to have the last laugh on me now? It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work". Umm... NO IT IS NOT .
I have ZERO confidence left in Core and their "developers". Their network can't handle the slightest bit of volume without totally seizing up. And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system?? Really?? You can't do your job properly so you want people to run a tab in BTC?? You saw this coming from 10 miles away and did nothing about it. Stupid or malicious?... you decide.
I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations". And not throw out "but but centralization!!" juvenile red herrings!
Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"
Good for you - you realized it is good for absolutely no practical purpose and was lucky to sell at around 16.000 - as opposed to the "HODL" cult members in here you are stuck with counting their losses and clining to hope as their only strategy
Wait a minute! KwuckDuck is that you talking to your alts again? Lol, welcome back.
All bitcoins are better than normal currencies. Functionally does not work at all and needs more work at the time of confirmation and transaction costs. 
Despite what you thought, this is exactly the way bitcoin is supposed to work. There is only supply and demand, nothing else. Every user is completely free to sell whenever they like. That will always mean a highly volatile market.
If the NYSE or other world markets were free they would do the same. They are not free however, and are tightly controlled. So if the stock market starts crashing hard they shut it off. No one can do that with bitcoin. In the 1800 the NYSE crashed and rallied all the time.
I think the confusion is about what bitcoin is. It is money, just money, nothing else. It is not your friend or here to make you rich. It has no interest in your ambitions whatsoever. The advantage for you is that you alone own bitcoin. The network will treat you the same if you are rich or poor, in the Arctic or in NYC. Fair money is not magical, just fair. So you and I don't get to decide what happens, no one does. We do it together.
If the NYSE or other world markets were free they would do the same. They are not free however, and are tightly controlled. So if the stock market starts crashing hard they shut it off. No one can do that with bitcoin. In the 1800 the NYSE crashed and rallied all the time.
I think the confusion is about what bitcoin is. It is money, just money, nothing else. It is not your friend or here to make you rich. It has no interest in your ambitions whatsoever. The advantage for you is that you alone own bitcoin. The network will treat you the same if you are rich or poor, in the Arctic or in NYC. Fair money is not magical, just fair. So you and I don't get to decide what happens, no one does. We do it together.
Currently deals hailed for hours several times unconfirmed I pray all should be good because the investor will clean it there tears with your tap water handkerchief from your loss.
me, too. it's like a nightmare that never ends T_T
Several transactions of mine have gone with 0 confirmations in the past several days. And some of those I was paying 1.5X or 2X the recommended fees. Nothing. Nada. Zilch.
Bitcoin has gone from being an expensive network to use to a practically unusable network. I was defending Bitcoin against millions of tards back in 2011 and 2012. Are they going to have the last laugh on me now? It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work". Umm... NO IT IS NOT .
I have ZERO confidence left in Core and their "developers". Their network can't handle the slightest bit of volume without totally seizing up. And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system?? Really?? You can't do your job properly so you want people to run a tab in BTC?? You saw this coming from 10 miles away and did nothing about it. Stupid or malicious?... you decide.
I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations". And not throw out "but but centralization!!" juvenile red herrings!
Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"
Bitcoin has gone from being an expensive network to use to a practically unusable network. I was defending Bitcoin against millions of tards back in 2011 and 2012. Are they going to have the last laugh on me now? It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work". Umm... NO IT IS NOT .
I have ZERO confidence left in Core and their "developers". Their network can't handle the slightest bit of volume without totally seizing up. And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system?? Really?? You can't do your job properly so you want people to run a tab in BTC?? You saw this coming from 10 miles away and did nothing about it. Stupid or malicious?... you decide.
I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations". And not throw out "but but centralization!!" juvenile red herrings!
Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"
Good for you - you realized it is good for absolutely no practical purpose and was lucky to sell at around 16.000 - as opposed to the "HODL" cult members in here you are stuck with counting their losses and clining to hope as their only strategy
Wait a minute! KwuckDuck is that you talking to your alts again? Lol, welcome back.
Several transactions of mine have gone with 0 confirmations in the past several days. And some of those I was paying 1.5X or 2X the recommended fees. Nothing. Nada. Zilch.
Bitcoin has gone from being an expensive network to use to a practically unusable network. I was defending Bitcoin against millions of tards back in 2011 and 2012. Are they going to have the last laugh on me now? It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work". Umm... NO IT IS NOT .
I have ZERO confidence left in Core and their "developers". Their network can't handle the slightest bit of volume without totally seizing up. And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system?? Really?? You can't do your job properly so you want people to run a tab in BTC?? You saw this coming from 10 miles away and did nothing about it. Stupid or malicious?... you decide.
I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations". And not throw out "but but centralization!!" juvenile red herrings!
Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"
Bitcoin has gone from being an expensive network to use to a practically unusable network. I was defending Bitcoin against millions of tards back in 2011 and 2012. Are they going to have the last laugh on me now? It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work". Umm... NO IT IS NOT .
I have ZERO confidence left in Core and their "developers". Their network can't handle the slightest bit of volume without totally seizing up. And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system?? Really?? You can't do your job properly so you want people to run a tab in BTC?? You saw this coming from 10 miles away and did nothing about it. Stupid or malicious?... you decide.
I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations". And not throw out "but but centralization!!" juvenile red herrings!
Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"
Good for you - you realized it is good for absolutely no practical purpose and was lucky to sell at around 16.000 - as opposed to the "HODL" cult members in here you are stuck with counting their losses and clining to hope as their only strategy
I completely agree with you. Now Bitcoin has been turned in a pure speculative toy, since it is unusable for anything else than speculation with it. NOW it starts to look like the Dutch tulips.
The government and the national bank can issue money indefinitely. The more money is not supported by real growth of the economy, the higher the inflation
Which is the exact opposite of Bitcoin, which in a way is comparable to gold because of its limited supply. Just like gold, Bitcoin is deflationary by nature, now if the fee problem can be solved (Lightning Network coming soon?) Bitcoin holders will get rewarded again for their patience.Cannot find much reliable info about LN and its implementation though but it would be a major event if it happens.
Transactions nowadays are very slow since there are over 170,000 pending transactions waiting to be mined. You can check the blockchain for more information on how your transaction is going
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