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Topic: Thank you Bitcoin and GOODBYE (Let it goooo) - page 2. (Read 1773 times)

member
Activity: 210
Merit: 26
High fees = low BTC price
Blockchain technology and Bitcoin as its flagship are here to stay. All the alts are closely tied to Bitcoin success, as these are the only 2 terms known to general public from the world of cryptos - blockchain and Bitcoin. Bitcoin is now on the way up, would not be surprosed to see 50k USD per Bitcoin next year. Even Goldman Sachs now made 180 degree turn and is going to start trading cryptos.

I like a man that shoots from the hip but was IBM not the flagship of PC's and did i recall "American On-line" having the world to themselves once !

Good you mention the general public who will far from trust any digital coins as news leaks out that sending $1 could result in paying
a $40+ transaction fee so just how will they dip there toe in the water to buy say $100 in BTC and then send the money to their Samsung phone
as they give the system a test drive. The answer is they won't unless they have mega bucks which most people don't

Lots and lots of alt-coins are based on ETH who provides the network and as such they depend on ETH for there success but this
cannot be claimed by BTC because it does not host contracts and many (far too many) will soak up the slack because they all offer
more than BTC except one thing and that's mega price rises which we all know cannot be sustained.

Goldman Sachs and it's ilk is what most people who first stated digital currency's were running from and its the same for
people that opt out and buy gold or silver but maybe your less we read than me if you arrived from the slot machine arcade
because you have lots of catching up to do. (No disrespect intended)

I agree with the 50k prediction (3 time from todays price) but not much more but it rivals will far out paste that
and "trading cryptos" will be far cheaper to trade using the other platforms and faster too.

member
Activity: 210
Merit: 26
High fees = low BTC price

See https://blockchain.info/charts

I count about 4 charts that are to do with the price and 40 charts for whats going on under the bonnet
because the system is over complicated but it is a good site for getting data and one I often use myself
not that i care to do any mining.

The block-chain solved a few problems and created many more in return as we are starting to see because
it was born out of academia that sold its sole to avoid anything that could be remotely called centralization
but if you look closer new nodes being started up use existing DNS servers to get them started on the network

This chart lets the cat out of the bag when you look how centralized it as all become
https://blockchain.info/pools
Ten big names account for 90% of all transactions and they have got us by the balls unlike DNS servers
that don't touch the money/digits and if closed down can be replaced in a system we need to be moving towards
  
newbie
Activity: 64
Merit: 0
Blockchain technology and Bitcoin as its flagship are here to stay. All the alts are closely tied to Bitcoin success, as these are the only 2 terms known to general public from the world of cryptos - blockchain and Bitcoin. Bitcoin is now on the way up, would not be surprosed to see 50k USD per Bitcoin next year. Even Goldman Sachs now made 180 degree turn and is going to start trading cryptos.
sr. member
Activity: 286
Merit: 255
Its not correction, there's 300000 unconfirmed transaction yesterday, its some serious problems. and what would you do if you have that shiny gold but you can't spend it, or even moving it? its become useless

Yep.



Friendly advice, you might want to consider investigating for yourself before blindly agreeing with people on the interwebz
https://blockchain.info/charts/mempool-count?timespan=1year


I'm not investigating, i experienced it myself, yesterday there's 300000 unconfirmed transactions, mine stucked for 3 days and I'm paying some high fees. check my earlier post

https://blockchain.info/unconfirmed-transactions

I guess comprehending a graph is not one of your strong points, so sorry.  Happy New Year!
newbie
Activity: 21
Merit: 0
Its not correction, there's 300000 unconfirmed transaction yesterday, its some serious problems. and what would you do if you have that shiny gold but you can't spend it, or even moving it? its become useless

Yep.



Friendly advice, you might want to consider investigating for yourself before blindly agreeing with people on the interwebz
https://blockchain.info/charts/mempool-count?timespan=1year


I'm not investigating, i experienced it myself, yesterday there's 300000 unconfirmed transactions, mine stucked for 3 days and I'm paying some high fees. check my earlier post

https://blockchain.info/unconfirmed-transactions
full member
Activity: 574
Merit: 100
Alright

"Bitcoin is king" "Bitcoin will keep growing" "Bitcoin is the leader" "Bitcoin will never be replaced" -newbie.
Why are people still so convinced about this?

Bitcoin is great, we learned a lot of it. Without Bitcoin we wouldn't have those other cryptocurrencies.
But just because Bitcoin is the pioneer doesn't mean it can't be replaced.
Bitcoin Cash is just a clone with bigger blocks, this will only solve the problem temporarely. So forget about it.

It's clear that Bitcoin isn't the best coin anymore. Problem is because of all this hype there is a lot of new dumb money that only see Bitcoin's insane price growth. That kind of people that leave their money on Coinbase is what I'm talking about (for long term).

If people would look at things more objectlively things wouldn't have gone this way.
I'm not naming other coins because I don't wanna make this a pump post.

Too much dumb investors these days.. Bitcoin is no longer useable in a normal way but noobs will never realize because they never make a transaction to their own wallets because they don't even know it's decentralized and stuff...

I hope Bitcoin will fail soon. It has had enough time to be adapted to its use of today. Why can't Bitcoin be as good as other and better crypto's? I have no idea. But in my eyes it's already game over for Bitcoin.
I know theres gonna be a lot of fanboy hate coming to this post. Don't make them ruin this topic please.

Thanks to those who made Bitcoin possible, we will never forget you. But now it's time to move on.


DEAL WITH IT!!


if you decide to get out of bitcoin game you seem to be too hasty because with bitcoin we can still buy altcoin which the price is still cheap and can reproduce the bitcoin you have.
member
Activity: 210
Merit: 26
High fees = low BTC price
Pretty much any other coin is faster than Bitcoin

ssssssshhhhhhhhhhhhhhhhssssssshhhhhhhhhhhhhhhhhhhhhhhhhhhhh Jesus will hear you  Grin

Monero is annon I thinks, nothing wrong with them but be warned about Tor (Something i once loved)

Was running a dedicated machine that automated the Tor software to do some screen scrapping for me using
web sockets from a program that i wrote and had it running for months but then it happened.

WannaCry encrypted my files on this machine and left me ransom notes all over the place in the file system asking for
payment in BTC to get the decryption key (Like hell would i pay up for that) and apart from that the machine was not being
used with a browser or to do anything else.

My-Code>Tor>Nodes>Internet and NOT My-Code>Browser>Tor>Nodes>internet

Needless to say that I now trust Tor about as far as I can spit and that you have been warned
not that the mejia ever picked up on this story and just want to blame ISIS or Kim from Korea
for the hacking that apparently used backdoors in the browser.

 
sr. member
Activity: 286
Merit: 255
Its not correction, there's 300000 unconfirmed transaction yesterday, its some serious problems. and what would you do if you have that shiny gold but you can't spend it, or even moving it? its become useless

Yep.



Friendly advice, you might want to consider investigating for yourself before blindly agreeing with people on the interwebz
https://blockchain.info/charts/mempool-count?timespan=1year
sr. member
Activity: 286
Merit: 255
Its not correction, there's 300000 unconfirmed transaction yesterday, its some serious problems. and what would you do if you have that shiny gold but you can't spend it, or even moving it? its become useless

False statement, not even close

Proof;
https://blockchain.info/charts/mempool-count?timespan=1year
newbie
Activity: 21
Merit: 0
there is a word you say is lacking, "Bitcoin is a miracle", and true I am also very grateful to who created Bitcoin, he is a hero Grin

He is the second coming of Jesus and this is the modern version of tipping the tables over of the money changers but he landed in Japan this time  Grin

So you are basically saying that if Bitcoin dies it will come back to life? Ya know like Jezus did once yall remember that kids xD

Anyway that was a long time ago...

This https://jesuscoin.network/
full member
Activity: 140
Merit: 100
Its not correction, there's 300000 unconfirmed transaction yesterday, its some serious problems. and what would you do if you have that shiny gold but you can't spend it, or even moving it? its become useless

Yep.
newbie
Activity: 21
Merit: 0
Its not correction, there's 300000 unconfirmed transaction yesterday, its some serious problems. and what would you do if you have that shiny gold but you can't spend it, or even moving it? its become useless
full member
Activity: 140
Merit: 100
there is a word you say is lacking, "Bitcoin is a miracle", and true I am also very grateful to who created Bitcoin, he is a hero Grin

He is the second coming of Jesus and this is the modern version of tipping the tables over of the money changers but he landed in Japan this time  Grin

So you are basically saying that if Bitcoin dies it will come back to life? Ya know like Jezus did once yall remember that kids xD

Anyway that was a long time ago...
full member
Activity: 140
Merit: 100
    Well,good luck to you. If it that your descision to leave bitcoin then goodbye.  You become obviously panic because of the price correction,it's just a little bit down not totally end and nobody knows the move of cryptocurrency,for sure bitcoin will climb again.

How many times do I have to say I'm writing this because of a price correction?
member
Activity: 210
Merit: 26
High fees = low BTC price
there is a word you say is lacking, "Bitcoin is a miracle", and true I am also very grateful to who created Bitcoin, he is a hero Grin

He is the second coming of Jesus and this is the modern version of tipping the tables over of the money changers but he landed in Japan this time  Grin
full member
Activity: 140
Merit: 100
have a higher tps for example.

Let me put some meat on them bones before we talk about paying for extra speed and out and out blackmail

Transactions per second
BTC=7
ETH=15
IOTA=100
VISA =25,000

BTC also has more raw CPU/GPU power at its disposal then the other three (heats up the earth it does)
but let me assume that you program systems for a living like me then which two would you say is
throwing 50,000 threads in a tight loop and not getting anywhere fast and what architecture do they
both have in common ?

Will send you $1.00 in BTC if you get the anser right and also agree to pay my transaction cost first

"lol thanks but I don't have BCH"

So your not into blind faith, you like facts, not fiction so what are you packing out of interest because it
might be worth my time looking ?




Pretty much any other coin is faster than Bitcoin, I prefer Monero.
sr. member
Activity: 2520
Merit: 366
Catalog Websites
Alright

"Bitcoin is king" "Bitcoin will keep growing" "Bitcoin is the leader" "Bitcoin will never be replaced" -newbie.
Why are people still so convinced about this?

Bitcoin is great, we learned a lot of it. Without Bitcoin we wouldn't have those other cryptocurrencies.
But just because Bitcoin is the pioneer doesn't mean it can't be replaced.
Bitcoin Cash is just a clone with bigger blocks, this will only solve the problem temporarely. So forget about it.

It's clear that Bitcoin isn't the best coin anymore. Problem is because of all this hype there is a lot of new dumb money that only see Bitcoin's insane price growth. That kind of people that leave their money on Coinbase is what I'm talking about (for long term).

If people would look at things more objectlively things wouldn't have gone this way.
I'm not naming other coins because I don't wanna make this a pump post.

Too much dumb investors these days.. Bitcoin is no longer useable in a normal way but noobs will never realize because they never make a transaction to their own wallets because they don't even know it's decentralized and stuff...

I hope Bitcoin will fail soon. It has had enough time to be adapted to its use of today. Why can't Bitcoin be as good as other and better crypto's? I have no idea. But in my eyes it's already game over for Bitcoin.
I know theres gonna be a lot of fanboy hate coming to this post. Don't make them ruin this topic please.

Thanks to those who made Bitcoin possible, we will never forget you. But now it's time to move on.


DEAL WITH IT!!

there is a word you say is lacking, "Bitcoin is a miracle", and true I am also very grateful to who created Bitcoin, he is a hero Grin
newbie
Activity: 21
Merit: 0
Agreed, I'm done with bitcoin when I'm paying high fees and stuck unconfirmed for 3 days earlier, even worse the price is falling on that 3 days, I sell my bitcoin immediately and shilling other coin, for me bitcoin loosing its real value, high fees, slow transcation. it's just hype and fomos train. yeah I'm butthurted by bitcoin so bad. for now I'm gonna stay away from it, its time to say goodbye until somebody will fix bitcoin scalability. Alfa Omega
member
Activity: 187
Merit: 18
Bitcoin isn't going anywhere at least not today, there's a lot more to come. Its value might drop and some other coin might take over for sure but I don't think that will be considered as a main coin. I wish it stays the same way to avoid confusions, Bitcoins followed by all other ALT coins. You may never know Bitcoins price might double again anything is possible in cryptoworld  Wink.
member
Activity: 210
Merit: 26
High fees = low BTC price
have a higher tps for example.

Let me put some meat on them bones before we talk about paying for extra speed and out and out blackmail

Transactions per second
BTC=7
ETH=15
IOTA=100
VISA =25,000

BTC also has more raw CPU/GPU power at its disposal then the other three (heats up the earth it does)
but let me assume that you program systems for a living like me then which two would you say is
throwing 50,000 threads in a tight loop and not getting anywhere fast and what architecture do they
both have in common ?

Will send you $1.00 in BTC if you get the anser right and also agree to pay my transaction cost first

"lol thanks but I don't have BCH"

So your not into blind faith, you like facts, not fiction so what are you packing out of interest because it
might be worth my time looking ?


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