Topic: I have NEVER seen Bitcoin in such a sorry state as this!! - page 6. (Read 1763 times)
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
Don't understand how a 6 year experienced bitcoiner still doesn't know when to hold.
2018 will be a great year, and this is the runup to the start of that year.
Every coin needs a stable balance, for the alt coins this is bitcoin, for bitcoin it's a reliable market
In the previous 6 years, correct me if I am wrong but the fees were never a concern, actually it was not until late this year. This is a new problem for Bitcoin and the community behind it. 2018 will be a great year, and this is the runup to the start of that year.
Every coin needs a stable balance, for the alt coins this is bitcoin, for bitcoin it's a reliable market
that why i move to ethereum now. especially about the fees. if nothing they do with that i think the high bitcoin are there will be irrelevant price of fees will they charges for every transaction. its killing me.
Don't understand how a 6 year experienced bitcoiner still doesn't know when to hold.
2018 will be a great year, and this is the runup to the start of that year.
Every coin needs a stable balance, for the alt coins this is bitcoin, for bitcoin it's a reliable market
2018 will be a great year, and this is the runup to the start of that year.
Every coin needs a stable balance, for the alt coins this is bitcoin, for bitcoin it's a reliable market
I guess, once before, he haven't experience such a big dip and congestion of bitcoin like what is happening today. And so, for him it is not normal and I understand his point. But just like almost everyone said, he must not close the door yet, because he would regret it, A LOT.
Don't understand how a 6 year experienced bitcoiner still doesn't know when to hold.
2018 will be a great year, and this is the runup to the start of that year.
Every coin needs a stable balance, for the alt coins this is bitcoin, for bitcoin it's a reliable market
2018 will be a great year, and this is the runup to the start of that year.
Every coin needs a stable balance, for the alt coins this is bitcoin, for bitcoin it's a reliable 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!"
This is indeed a very sad sentiment especially that bitcoin is losing it's value nowadays. However, this should not be the fate of all. Bitcoin will still regain it's value in time. As someone invested on bitcoin, expectations must also come as downs will be also happening. In all investements, risks are always involved.
Even in this forum there is a sharp change in attitude towards bitcoin. If a month ago it was zealously defended by more than 90 percent of members of the forum, now the number of its supporters has diminished noticeably and bitcoin already scolds cash and even openly they are interested in it as a possible alternative to the original bitcoin. It really became very slow, and commissions for transactions in recent years are off scale. If the lightning network does not help bitcoin in the near future, then its inglorious end awaits.
I sent a payment this morning with blockchain.info and the average fee was around $12, not too bad if you send the equivalent of $1000, but not too good if you send a small payment (I sent a total of $150). I would not consider $12 a "low fee" anyway. I am replying to guoyu78's comment above me.
Now another question, what will holders too if the price of BTC keeps floating around 12-15k without going higher for 2 or 3 months straight? Ask yourself the question... perhaps some investors will get interested because the price is more stable (therefore less risky for them), but some others will run away as they may think BTC reached its maximal potential.
Now another question, what will holders too if the price of BTC keeps floating around 12-15k without going higher for 2 or 3 months straight? Ask yourself the question... perhaps some investors will get interested because the price is more stable (therefore less risky for them), but some others will run away as they may think BTC reached its maximal potential.
why you send when find price of fee high and i think your wallet give you alert.
bitcoin was bad and now it is faster and lower price
These low prices will only stay up to tomorrow and from 26 of December prices will start to rise and all the complains of people will run away because price will soon shoot up this is because people sold their coins for the profit and this is normal bitcoin will rise again and bitcoin itself has given a Christmas sale to world to get into the community to make money like others do and there is nothing to worry about prices anymore. bitcoin was bad and now it is faster and lower price
I believe they are already working around on it.
I don't know. Ever since the scaling issues first came to the spotlight, this was the usual response from the core. They were always saying that "they are already working on it". But months and even years have passed by without any real breakthrough. Even loyal users like me are getting frustrated after being forced to pay $100+ transaction fees.
Do you people see that the end goal is at the highest point of a slant? That is the thing that issues at last! Whatever good and bad times you need to experience and whatever hindrances are en route you're completing more distant away and higher than you began. In the event that the street to wealth were to be simple we'd have a world loaded with moguls and just sluggish individuals wouldn't go anyplace. Sadly you can work your rear end off and as yet going in circles. It's about the correct choices.
Dont close the door yet. All system have always room for improvement.
I believe they are already working around on it.
I believe they are already working around on it.
I almost lost my trust to bitcoin when fees are getting higher as my transaction was left unconfirmed for almost a week. Maybe the blockchain is just congested now with more and more transactions everyday. But my trust to bitcoin's future remains. I know its price plunges to almost 8K since it went to 20,000$ lately but i still believe that bitcoin is going to come back again and yet will start another run that leads to set a new price high again.
The fee problem is a huge issue if you want to transact in small amounts, but it that is what you want to do then you are better off using another currency instead and just use Bitcoin as a value store.
People find alternative methods to bypass these problems. We use other Alt coins and Off-chain services for those micro payment, but the final conversion is always back to Bitcoin. You would be a fool not to acknowledge the problems we have now, so you just adapt to bypass the problem.
As soon as SegWit & LN is fully implemented, we go back to Bitcoin
The fee problem is a huge issue if you want to transact in small amounts, but it that is what you want to do then you are better off using another currency instead and just use Bitcoin as a value store.
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!"
How come for 30 years your rank is just a junior member if you are in bitcoin for 6 years? Maybe you have lot of accounts. Then if you had a long time when bitcoin faces lot of hardship before then you should be a veteran into this situation now that this is just another failed attempt to crash bitcoin because by next month the rise up begin. I dont believed that you will just easy to drop bitcoin but you will just try to attract people to quit and shift their trade to altcoins for you to benefit.
Thats funny that you are mentioning it now although these problems have been around all the time and we have known that btc has its issues.
But GOLD also has it issues , no one is paying with it in every day transactions unless you are a war lord.
I believe that price will rise and BTC will remain as asset but we can use other currencies for every day transactions.
naturally...nobody prevents us from choosing the currency that we like, but I agree with you, bitcoin will grow and it's not time to talk about its deplorable state...this is a temporary condition that was foreseenBut GOLD also has it issues , no one is paying with it in every day transactions unless you are a war lord.
I believe that price will rise and BTC will remain as asset but we can use other currencies for every day transactions.
you should always allocate your capital , and keep everything in one bitcoin is not entirely correct, as for me, you need to keep cryptocurrency in bitcoin and alternative coins, so less chance of losing everything
Let's see BCH handle the volume Bitcoin does. 
. Oh wait.
It's easy to talk trash when BCH is nothing but a store of value and not used as anything else.
BTC has utility.
I'll repost the user who had a hard time using BCH and paid a high fee the other day.
There would be more if people actually USED it... LMAO.
. Oh wait. It's easy to talk trash when BCH is nothing but a store of value and not used as anything else.
BTC has utility.
I'll repost the user who had a hard time using BCH and paid a high fee the other day.
There would be more if people actually USED it... LMAO.
why you send when find price of fee high and i think your wallet give you alert.
bitcoin was bad and now it is faster and lower price
bitcoin was bad and now it is faster and lower price
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