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Topic: Losing Faith in Bitcoin? - page 5. (Read 3482 times)

legendary
Activity: 2912
Merit: 1852
May 12, 2017, 10:26:04 PM
#8
...

Maybe the SW/BU Bitcoin Civil War is starting to have a negative effect.

1. 182,000 unconfirmed transactions (highest I have ever seen in my casual monitoring at: https://blockchain.info/new-transactions)

2. BTC down over $100 in one day.


I sure wish the Miner Wankers and the Developer Wankers would get together and SOLVE the scaling problem(s).  Else they may damage the Bitcoin Ecosystem and discourage newbies from joining the community.

BTC to $5000 if/when they resolve all of this (credit to jonald_fyookball for that prediction, and I would agree with that number).

No, bitcoin has been and is happening civil war, however, it is not a civil war between SW and BU (BU is not entirely qualified to be mentioned here). This is a Civil War that holds BTC CORE and SEGWIT. It's ridiculous to say that btc dropped more than $ 100 a day, before talking about it, it grew faster, it spiked in a short time, so its value was reduced by Completely normal. Also, I am sure the bitcoin can not reach the $ 5000 value over the next 2 years.



Thank you for clearing up the players (my highlighting in your comment).

Yes, I do understand you (and others) about BTC volatility (although price at ounce.me shows it down a majestic $180 now).  I am not whining about that, as I too did participate in the upward price spike.

My comment re price going WAY down is that OTHERS (new people, prospective BTC players) may get scared off because of the decline AS WELL AS the Silly Civil War.  And, yes, I have seen other BTC Civil Wars since I joined up, although this one seems the worst that I have observed.
hero member
Activity: 854
Merit: 500
May 12, 2017, 10:25:39 PM
#7
For what's been stated by Op, there is no need to lose faith on bitcoin. This is a delusion that most users have as they always focus on increase and profiting. They cannot accept loss, the price falling down or the huge number of transactions getting stuck on the network is common. The same gets running perfect within a short time frame.

Very accurate, i like your look. They are too greedy, so they are always waiting for the growth of bitcoin and its value. They do not look at reality, they do not look at the market, they are so illogical about the power of bitcoin while its popularity is declining. Faith is not from what they can say about bitcoin. OP really wrong.
sr. member
Activity: 406
Merit: 250
May 12, 2017, 10:22:01 PM
#6
...

Maybe the SW/BU Bitcoin Civil War is starting to have a negative effect.

1. 182,000 unconfirmed transactions (highest I have ever seen in my casual monitoring at: https://blockchain.info/new-transactions)

2. BTC down over $100 in one day.


I sure wish the Miner Wankers and the Developer Wankers would get together and SOLVE the scaling problem(s).  Else they may damage the Bitcoin Ecosystem and discourage newbies from joining the community.

BTC to $5000 if/when they resolve all of this (credit to jonald_fyookball for that prediction, and I would agree with that number).

No, bitcoin has been and is happening civil war, however, it is not a civil war between SW and BU (BU is not entirely qualified to be mentioned here). This is a Civil War that holds BTC CORE and SEGWIT. It's ridiculous to say that btc dropped more than $ 100 a day, before talking about it, it grew faster, it spiked in a short time, so its value was reduced by Completely normal. Also, I am sure the bitcoin can not reach the $ 5000 value over the next 2 years.
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
May 12, 2017, 10:16:02 PM
#5
For what's been stated by Op, there is no need to lose faith on bitcoin. This is a delusion that most users have as they always focus on increase and profiting. They cannot accept loss, the price falling down or the huge number of transactions getting stuck on the network is common. The same gets running perfect within a short time frame.
sr. member
Activity: 249
Merit: 250
May 12, 2017, 10:06:16 PM
#4
Bitcoin will always go way UP then way down when profits are taken, the only reason it gets pumped up to start with, getting real money out of it.

One day it will go way up then way down then way way down then BOOM game over.

This digital coin (not money) but digital coin is worth what people are willing to pay for it now ONLY because of speculation then profit taking, this is not a future world wide currency, wake up.

https://www.cryptocoinsnews.com/1-bitcoin-community-controls-99-bitcoin-wealth/

This money maker is not for you, no anti government, not going to surpass any government control of the money supply etc. It has great tech (chain) and other uses but the coin is a novelty people now spec on to make money. Real believers are the 1% of holders. The 99% will burn you when they are ready.
sr. member
Activity: 280
Merit: 250
May 12, 2017, 10:05:26 PM
#3
Normal technical driven profit taking.  Nothing more, nothing less.
sr. member
Activity: 1400
Merit: 269
May 12, 2017, 09:56:56 PM
#2
It's fine bitcoin has been volatile since like forever this could be a good chance for traders and investor to buy lots of it while it's still low.
Although there is no doubt that if ever an scaling solution is activated in bitcoin price will surely pump to newer highs like litecoin implementing segwit but the community still refuses it bcoz of some conpiracy theories that doesn't have any proof.
legendary
Activity: 2912
Merit: 1852
May 12, 2017, 09:41:18 PM
#1
...

Maybe the SW/BU Bitcoin Civil War is starting to have a negative effect.

1. 182,000 unconfirmed transactions (highest I have ever seen in my casual monitoring at: https://blockchain.info/new-transactions)

2. BTC down over $100 in one day.


I sure wish the Miner Wankers and the Developer Wankers would get together and SOLVE the scaling problem(s).  Else they may damage the Bitcoin Ecosystem and discourage newbies from joining the community.

BTC to $5000 if/when they resolve all of this (credit to jonald_fyookball for that prediction, and I would agree with that number).
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