Topic: I think the potential of BTC is over - page 5. (Read 6198 times)

i don't know about you but when i chose bitcoin i didn't choose it because of its fees, i admit the low fees is a good feature and it is still pretty low compared to any other method that we can use to transfer money.

i chose bitcoin because it is decentralized and nobody can control it, it is secure and it is being distributed fairly and without any sort of scam that altcoins have such as premine.

and from your comment i think you don't know what real potential is. you should take a look at the real world and the real usage of bitcoin instead of reading the altcoin pump scripts.

So you think the time has come to an end for the old timer?
I do agree with innovation it is out with old technology and time to move on with an addition to the foundation which is the blockchain.
The true technology that will be around until the very end of the economic system as we very well know it to be today.

BTC to I feel like a queen, she is the spiritual leader, but she doesn't have the ability to dominate the British

With the uncertainty over the possilibty of a hard fork, bitcoin has somehow lost some of its lead among the crypto currencies, although I see it as still miles away from the alt coins, owing to the fact that it pioneered the birth of crypto currency. This might not be the case in the future if no consensus is reached between BTC and BTU.

I very much agree with your point of view,just as the dollar is not the only reserve currency, each currency has his role, and we tend to choose more appropriate own currency property transfer

Its not that good, bitcoin have best developers in the world, most skilled ones and most reliable.
Ethereum for example got massive screw-outs, they develop fast with massive bugs that crippe entire network.

:)Yes, time will prove everything, but I'm worried at present, the development of the BTC, which determine the BTC is a spiritual leader or a monetary ability leader?

Many people, including me, believe that bitcoin will be number 1 cryptocurrency.
Taking over the prime position is not simple matter of introducing a better tech and code.
Bitcoin is inextricable linked with economy - that is the important part.
No altcoin will ever have the perfect distribution of something that initially had absolutely no value.

Is Dash your best example of well developed cryptocurrency? A coin which was 'accidentally' instamined and rebranded multiple times?

Other currencies surely dilute the market for Bitcoin. Some people use Monero over Bitcoin because it suits their needs better. In my case transactional privacy was very important so my money went into Monero. Some people want digital on chain contracts, so they invest in currencies allowing that.

The general thinking that Bitcoin is king and other currencies are leeches to its market is stupid. In the coming times there will be 5-10 currencies establishing dominance in market. Just like the USD isnt the only reserve currency

But it is true that more and higher fees and Blockchain congestion, BTC does not change in.

I think it will be a long shot before your so called ETH will reach what bitcoin is now. It is not even in the second place.
This is just another trick to make people doubt bitcoin and trust other coins.
I would stop doing that if I where you. The lost of bitcoin might be the lost of all the coins that you are willing to do anything to support it. Even bashing bitcoin would never help you will just make it worst.

I'd suggest you to watch season 6 episode 9 of homeland (just google it you'll find it) there you'll see a group of shills each one with several usernames/accounts shilling/FUDing against (supposedly Hillary Clinton) and as a matter of fact you can see their kind here as the full member/senior member all with post count and activity equal to each other (farm accounts/shills) and their presence is felt extremely hot especially in altcoin boards and in ICO/scam threads they have also a couple of hero/legendary members with sometimes green trust as their leader

As a bitcoin supporter and a regular user if you are, you shouldn't really be effected/influenced by any FUD but should only be satisfied or unsatisfied by the performance of the system and be prepared for any funny surprises.

I can swear that 60% of total numbers of transactions low or high fees are fake/spam/enforcers of "we need bigger blocks so lets go unlimited".

@OP, I think you don't know what is potential please do a translate to your own language to see that it's something that is already there but rather hidden/unseen.
If anyone wants to transfer under $10 bucks of value in BTC either pay 25 cents or wait hours if you paying less.
You have failed to see the BIG advantage, you could transfer $500M in less than 30 minutes paying only $1-$5 without anyone saying: wait a second, where did you get that much money? have you paid your tax share on that amount? why do you have that much money without us knowing anything about it and without transferring it through our system no why is that?

in one way or another all coins are a bit centralized, some more than other, bitcoin have the upper hand, because it can be used as a currency, but what if one day one of those coins will be accepted too? it could put some serious competition to bitcoin

some of them have features that bitcoin don't have like untraceability, maybe bitcoin is not mean to govern the world alone, could be good to have some alternative for soem for of payment, we knoe thta bitcoin will never solve the fee size

you simply can't and it's not relate to the block limit, because if one bitcoin one day is worth 10k or 100k, even paying 10k satoshi, the old minimum, you end up with a high fee anyway, and miners need their fee to have a high value when the reward in two halving will be almost useless

we just needed to keep believing and no one knows what will happen in the future but this would be between believers and those opportunist
people who have strong believes and big nerved to continue holding against those who just wanted an easy profits, for me its not over as still
seeing the bouncing up and downs will attract new investors.

Bitcoin has been proclaimed dead many, many times... And yet is still chugging along nicely.

There are some issues, don't get me wrong, and the community is a little divided however I do think Core is the version with the most support right now, at least from users.

So I am pretty confident Bitcoin will be around for a looooong time and will get better and better.

Some alts are interesting too and it's great to see other projects, different takes and ways to go at it.
It's all a big test environment where to get ideas flowing and experiment.

Out of all this the best tech and ideas will stick out and they will be used possibly in Bitcoin too either directly or via sidechains and 2nd layer protocols.

You know the funny thing is, when you are #1 and you are on top, everyone wants to take you down. Bitcoin is constantly under some sort of attack and it always survives. The reason for this is the enormous investment in it's underlying network of users supporting it and the projects that are developed around it.

Bitcoin also has the strongest developers working on the protocol to keep the network running and the hash power backing it is also huge.

Bitcoin has died many times before, like a cat with 1000 lives. ^smile^ 

Bitcoin is going to take off IF we can sort this hard fork shit out first as a community.

People are still placing a lot of trust in bitcoin, but this trust won't work if we don't do a better job of stopping the infighting etc. and come to a consensus.

Right now alternatives such as Ethereum are basically trying to get the first stop. Ethereum isn't far away. The bitcoin dominance is nearly at its all time low right now according to coinmarketcap.com, which is deeply saddening to a bagholder like me.

No matter what happens, bitcoin will always be the first cryptocurrency. Might not be in first place, but the first.

The potential for btc is just getting started. Little setback are always on the road to victory. Just sit and HODL for the future.

ethereum is not even a currency, and it never were supposed to be on. and the centralization is enough for anyone to say no to using it.

and you don't hear anything about litecoin because it is not pumped. let it pump someday to 2x, 3x then all you hear is how good litecoin is and when the pump is over and dump begins, we are back to not hearing about it again. like any other altcoin that is pumped!

So what's the real allure or value of Dash?

I get ETH, certainly a future there, although the price may be inflated now on mere news and no results.

What happened to the silver to Bitcoin's gold, you never hear about Litecoin anymore? Dust in the wind?