RIP Bitcoin, better luck next time - page 5.

Ayiranorea

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Quote from: robelneo on March 26, 2017, 08:57:24 AM

Quote from: ekoice on March 24, 2017, 10:42:22 PM

Quote from: thecrazy1 on March 24, 2017, 04:28:24 PM

So Satoshi Bitcoin will split to Chinese Bitcoin and Donald Trump Bitcoin.

If only core developers were capable/motivated/competent to find a solution to increase block size so that people can continue using bitcoin without paying ridiculous fees and insane confirmation time.
Anyways, if there is a split then BTC will not survive as BU needs 70% miner support and if there is 70% support, even less than 50% of those miners can do a 51% attack on BTC, so BTC will need to change their POW as they are planning now, at that point BTC will no longer be BTC but just another altcoin, and a technically inferior coin to many other altcoins.

So why wait for everything to fall apart when the only option is to choose an altcoin and start using it.

Seems you are a crazy supporter of altcoins.For your kind information,Bitcoin will remain alive and BU will disappear in the mean coarse of time.RIP Altcoins.

This is the biggest threat to bitcoin so far that I know,but I still believe bitcoin will emerge the winner in this scenario I'm sure the core developers will do something to counter this attack,bitcoin is still irreplaceable to me and majority feels the same way too..

The ongoing price drop looks like a threat, but I believe bitcoin will dominate the BU. Now I think with the ongoing situation bitcoin will soon get stabilized. I suggest a change in the thread heading RIP Bitcoin Unlimited.

robelneo

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Quote from: ekoice on March 24, 2017, 10:42:22 PM

Quote from: thecrazy1 on March 24, 2017, 04:28:24 PM

So Satoshi Bitcoin will split to Chinese Bitcoin and Donald Trump Bitcoin.

If only core developers were capable/motivated/competent to find a solution to increase block size so that people can continue using bitcoin without paying ridiculous fees and insane confirmation time.
Anyways, if there is a split then BTC will not survive as BU needs 70% miner support and if there is 70% support, even less than 50% of those miners can do a 51% attack on BTC, so BTC will need to change their POW as they are planning now, at that point BTC will no longer be BTC but just another altcoin, and a technically inferior coin to many other altcoins.

So why wait for everything to fall apart when the only option is to choose an altcoin and start using it.

Seems you are a crazy supporter of altcoins.For your kind information,Bitcoin will remain alive and BU will disappear in the mean coarse of time.RIP Altcoins.

This is the biggest threat to bitcoin so far that I know,but I still believe bitcoin will emerge the winner in this scenario I'm sure the core developers will do something to counter this attack,bitcoin is still irreplaceable to me and majority feels the same way too..

positivezero

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Quote from: aarturka on March 25, 2017, 02:05:46 AM

If Bitcoin is dead why'd you bother to register on bitcoin site, dumb newb?

Exactly! Really? who users would actually ask about the death of bitcoin, sounds strange Grin

Well chill mate

he don't actually know what he actually said. Even how low the price of bitcoin now, it wont happen that it will result to death. Can't he saw? that bitcoin now is more progressive, more famous in the market and even it is more secure that he think. So why bother, just ignore what he said, it won't happen to bitcoin.

Pettuh4

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Quote from: Roboabhishek on March 26, 2017, 02:02:49 AM

lol,
what it has to with that those 2 countries ?
None of these countries can control bitcoin and i know they want to take bitcoin down or access it's tx info but it's impossible.

I agree with you but in as much as they can't centralize and control Bitcoin we shouldn't be caught complacent of their actions but rather monitor them and resist everything that they try to set to have Bitcoin under their control.

Roboabhishek

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lol,
what it has to with that those 2 countries ?
None of these countries can control bitcoin and i know they want to take bitcoin down or access it's tx info but it's impossible.

Victorycoin

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Quote from: gabbie2010 on March 25, 2017, 12:06:15 PM

I kept on wondering what is happening to our dear Bitcoin it had been falling in the past weeks all my bitcoins in my wallet had been dropping what could be use to stop the drop?or is this the end of bitcoin? let market forces let go back up.

Change has never come easy and price must be paid. Bitcoin is simply paying the price to consolidate on its dominance. Look beyond all those singing victory song, while the war is yet on the way, but it can only be over when it is all over. To confirm Bugcoin doesn't have a genuine course, threats of attack turned out their best foot forward - what cowardice!

I have always been apprehensive of China dominance over control of the hashrates and now this bad blood is no surprise. You guys can go ahead and make our day by dumping Bitcoin, it will be our pleasure to buy it all up again.

Jelly0621

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Activity: 434

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There's no next time for bitcoin, because bitcoin still alive and kicking right now. Though they say that there's a lot of supporters for BU but there is still a lot more supporters of Bitcoin that still holding their BTC and keep on believing that btc is the only one and never be replaced by any alt coins.
Bitcoin wouldn't be dead because bitcoin is still the only one.

vm_mpn

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Quote

It is pretty certain that BU wont win the race with all the bugs you can imagine and remember they were running these for over a year and still they were not capable enough to find out the bugs until it was forced to and you think they are competent enough to take over the billion dollar industry.

Yes, looks like BU is slowing down according to https://coin.dance/blocks

Pattberry

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Quote from: quake313 on March 24, 2017, 11:05:20 PM

Quote from: jonald_fyookball on March 24, 2017, 04:45:58 PM

HODL (both chains)

Should a split happen, this is exactly what I plan to do, at least until I know which one will win Wink

It is pretty certain that BU wont win the race with all the bugs you can imagine and remember they were running these for over a year and still they were not capable enough to find out the bugs until it was forced to and you think they are competent enough to take over the billion dollar industry.

macedoniantable

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Quote from: iamnotback on March 25, 2017, 11:43:47 PM

Quote from: thecrazy1 on March 24, 2017, 04:28:24 PM

Re: RIP Bitcoin, better luck next time

So Satoshi Bitcoin will split to Chinese Bitcoin and Donald Trump Bitcoin.

Nope. The Donald will make the value of Chinese Buttcon worth $0.

This is the best farce of a coin that I have seen thus far with all this talk.
Some one should make this coin and offer it to bitfinex to see if they will take it and list it.
They are some bitches to start selling BTU even before the shit has hit the fan.
Asses of an exchange to do that. Tongue

iamnotback

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Quote from: thecrazy1 on March 24, 2017, 04:28:24 PM

Re: RIP Bitcoin, better luck next time

So Satoshi Bitcoin will split to Chinese Bitcoin and Donald Trump Bitcoin.

Nope. The Donald will make the value of Chinese Buttcon worth $0.

machinek20

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It is not that easy to make bitcoin dead, we still hasnt know what can happened, for now bitcoin is struggling, but this is not the first time bitcoin has problem, bitcoin will still survive, but if there is a split then it will decrease the bitcoin value and we need to wait for a long time to see bitcoin back to its best performance

Mometaskers

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Whether bitcoin dies or not, I think it's too late for me to sell out my coins so might as well as hold on to them as keepsakes of the time I placed some money into something who's fundamentals I don't completely understand. Cheesy

If it rebounds, then fine, my money is still ok. If it completely crash and just become some other alt trading at $200 or less, then I can just use it the same way people are using alts. Cheesy

czvezda

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Quote from: lottery248 on March 25, 2017, 07:32:45 PM

for me, as long as the bitcoin remains its protocol, nothing should really happen. i don't so far understand why people are panic on selling their bitcoins. Huh

btw satoshi will unlikely to answer, AFAIK because he wants to prove the protocol of 'trustless' or something.

Getting panic and selling their coins at a wrong time is a common practice of many people here as they have lack of patience and they easily get carried away with the rumors they hear about bitcoins and I think they are not aware about the history of bitcoins and if they would of know it then instead of panic selling they would be holding their coins tight in their wallets.

lottery248

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beware of your keys.

for me, as long as the bitcoin remains its protocol, nothing should really happen. i don't so far understand why people are panic on selling their bitcoins. Huh

btw satoshi will unlikely to answer, AFAIK because he wants to prove the protocol of 'trustless' or something.

Collider

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Quote from: FlightyPouch on March 25, 2017, 06:43:45 PM

Quote from: bitbunnny on March 25, 2017, 03:18:46 PM

End of Bitcoin? I don't think so, this is much exaggerated. The price has dropped a bit, yes, and so what? It's not the first or the last time but that doesn't mean this is the end of Bitcoin. The value is still above 900$ and in the past the price was much lower but still has recovered. So, don't panic and make such dramatic annoucements, there is no reason for that.

Well, it is always a big deal for some guys that are losing profit because of the price dump. As a user it is also my concern, but the thing is, we stepped in a world where this is the possibility. We all know how bitcoin's price behaves, still we took this because we are positive that it will bring something to us. As a user, I think we must still be positive about this, we are just exaggerating too much.

No need to get panic and there is nothing to worry about the price dip as it is the common behavior of bitcoins and its not at all new for us as we have experienced the same thing even in the past and we are very much sure that bitcoin has the ability to recover its price so sooner or latter it will regain its position.

FlightyPouch

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Quote from: countryfree on March 25, 2017, 06:57:12 PM

Quote from: thecrazy1 on March 24, 2017, 04:28:24 PM

So Satoshi Bitcoin will split to Chinese Bitcoin and Donald Trump Bitcoin.

No. There will be one BTC, the only true BTC, supported by a majority, and a new altcoin supported by a minority of BTC users.
A hard fork, if it happens, would sure hurt BTC, but I don't see why it would kill it.

Yes, I totally agree. And the root reason of these hard fork is also to make Bitcoin survive and develop, they are finding solutions to the problem of bitcoin that they are observing. They will not kill bitcoin, well we can say that they are updating the digital currency, the Bitcoin that we know. And with these circumstances, we can see how people love bitcoin, this is the time where you can actually think who support bitcoin.

countryfree

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Quote from: thecrazy1 on March 24, 2017, 04:28:24 PM

So Satoshi Bitcoin will split to Chinese Bitcoin and Donald Trump Bitcoin.

No. There will be one BTC, the only true BTC, supported by a majority, and a new altcoin supported by a minority of BTC users.
A hard fork, if it happens, would sure hurt BTC, but I don't see why it would kill it.

FlightyPouch

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Quote from: bitbunnny on March 25, 2017, 03:18:46 PM

End of Bitcoin? I don't think so, this is much exaggerated. The price has dropped a bit, yes, and so what? It's not the first or the last time but that doesn't mean this is the end of Bitcoin. The value is still above 900$ and in the past the price was much lower but still has recovered. So, don't panic and make such dramatic annoucements, there is no reason for that.

Well, it is always a big deal for some guys that are losing profit because of the price dump. As a user it is also my concern, but the thing is, we stepped in a world where this is the possibility. We all know how bitcoin's price behaves, still we took this because we are positive that it will bring something to us. As a user, I think we must still be positive about this, we are just exaggerating too much.

Wapinter

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Quote from: quake313 on March 24, 2017, 11:05:20 PM

Quote from: jonald_fyookball on March 24, 2017, 04:45:58 PM

HODL (both chains)

Should a split happen, this is exactly what I plan to do, at least until I know which one will win Wink

I think it is a good idea to hold both as one of them has to die eventually.
And when I say die I mean pricewise.If split happens,that means more than 50% miners opt for BU,this will slow down bitcoin transaction more if its number of transactions remain same.

Topic: RIP Bitcoin, better luck next time - page 5. (Read 5875 times)