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Topic: Thank you Bitcoin and GOODBYE (Let it goooo) - page 5. (Read 1757 times)

newbie
Activity: 51
Merit: 0
Investing on bitcoin on this day has high risk of losing a percentage of money. Sometimes we need to be paranoid about our money especially in this kind of investment. Not your fault being negative. Being negative can be a good thing. I am still hoping for the best for bitcoin. Bitcoin will never be forgotten.
sr. member
Activity: 952
Merit: 250
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
there are some of the words and sentences in this thread  that absolutely right and i am agree with it Smiley most of the point the poster of this are true but that is not the point here when we invest in bitcoin we actually know that it is a risk right.
hero member
Activity: 896
Merit: 521
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!!


Quite reasonable points made. Even I agree to this. But you really think Bitcoin is sustaining its value because of utility? No. Bitcoin was never preferred to be a currency by investors. It is mere a store of value for people. People park their dollars in Bitcoin to grow their money. Most of the people don't really care about increasing fees because they hardly transact.

Utility wise Bitcoin is way behind many altcoins. But demand is still there because altcoin traders doesn't really care about utility here. Bitcoin has limited supply and maximum adoption which is increasing day by day due to massive popularity. Thus, a better way to grow money. That is enough a reason for investors to put their money in BTC.
full member
Activity: 140
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!!


May you not regret with your choice, I remain confident with the future of bitcoin.
Don't know, I remain confident with the future of cryptocurrency in general. Well see.
full member
Activity: 728
Merit: 101
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!!


May you not regret with your choice, I remain confident with the future of bitcoin.
full member
Activity: 140
Merit: 100
It's clear that Bitcoin isn't the best coin anymore.

The high price, forks and large transaction fees at first glance can easily be misinterpreted as negative.  When you take a closer look you will see the high price is from new investors.  This is monetary growth.  We live in a cash based society so this is necessary.  You can think of a Bitcoin fork as a birth of a Bitcoin like technology that can be useful in itself or for the information acquired during it existence.  You learn best by doing and here is much still to be learned about blockchain technology.  The large transaction fees are due to increased traffic and ignorance of Segwit protocol.  If you are using a wallet that has upgraded to the newest Core update you will experience a 30-40% reduction in fees.  Ignorance is will decrease if those who know about Bitcoin take time to share their knowledge with those who do not and those who do not seek to learn more.


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 believe we can attribute the hyper inflated price of Bitcoin to emotional investors.  They do not want to miss an opportunity so they buy as quickly as possible.  This would not be a problem if they keep there Bitcoin but instead, because they trade with emotion rather than logic they panic sell when the price dips.  The greater the initial investment from emotional investors, the greater the price correction.
I'm curious if it will be solved, if so when? There is no doubt something drastically has to change to get this fixed
full member
Activity: 196
Merit: 100
It's clear that Bitcoin isn't the best coin anymore.

The high price, forks and large transaction fees at first glance can easily be misinterpreted as negative.  When you take a closer look you will see the high price is from new investors.  This is monetary growth.  We live in a cash based society so this is necessary.  You can think of a Bitcoin fork as a birth of a Bitcoin like technology that can be useful in itself or for the information acquired during it existence.  You learn best by doing and here is much still to be learned about blockchain technology.  The large transaction fees are due to increased traffic and ignorance of Segwit protocol.  If you are using a wallet that has upgraded to the newest Core update you will experience a 30-40% reduction in fees.  Ignorance is will decrease if those who know about Bitcoin take time to share their knowledge with those who do not and those who do not seek to learn more.


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 believe we can attribute the hyper inflated price of Bitcoin to emotional investors.  They do not want to miss an opportunity so they buy as quickly as possible.  This would not be a problem if they keep there Bitcoin but instead, because they trade with emotion rather than logic they panic sell when the price dips.  The greater the initial investment from emotional investors, the greater the price correction.
full member
Activity: 140
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 the leader and the king - legendary member. You can quote me on that.

Why? Because it is so. Bitcoin has the highest acceptance rate, recognizability, price, market cap, trading volume... What more do you want?
What other cryptocurrency is better? BCC? Have you seen how it dropped when BTC started to dive? It's all connected, you can't simply take over and make people sell all their coins and switch to another CC.



I'm not saying people should switch. I just think they will at some point get forced to if the problem doesn't get solved soon.
full member
Activity: 140
Merit: 100
Many advantages and disadvantages, but in my opinion it still The pioneer , and the spirit of digital money, a revolution. life is full of opportunities to catch. good luck friend
That's not an opinion. Bitcoin IS the pioneer.

Pioneer means that it was first


I wouldn't say Bitcoin is best though
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
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 the leader and the king - legendary member. You can quote me on that.

Why? Because it is so. Bitcoin has the highest acceptance rate, recognizability, price, market cap, trading volume... What more do you want?
What other cryptocurrency is better? BCC? Have you seen how it dropped when BTC started to dive? It's all connected, you can't simply take over and make people sell all their coins and switch to another CC.


member
Activity: 84
Merit: 10
Many advantages and disadvantages, but in my opinion it still The pioneer , and the spirit of digital money, a revolution. life is full of opportunities to catch. good luck friend
full member
Activity: 364
Merit: 100
I agree with most of your points, but not because dumb money is pumping up the price it doesn't mean that bitcoin can't be great. Also, sure, we're definitely currently having a big scaling problem. But who's to say that this won't be fixed in the future? I'm very very upset with bitcoin's current situation, but I'm still a believer; no matter how cringey that sounds. I respect your opinion and your decision though.

Best of luck with life dude. Your post could be very respectable at first, but come on, you're hoping bitcoin will fail soon? Now that's too far.

Yes his opinion is really respectable since all of us has the right to express ourselves but then again his outlook in life is really negative and I hate the way he think. I'm always praying and wishing this Christmas that bitcoin in n will never be worthless. Bitcoin really benefited a lot of people so this wouldn't be possible haha have just saying.
full member
Activity: 140
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!!



Bitcoin is king because it showed us what is possible and paved the way for a lot of great altcoin projects that wouldn't have seen the light of day had it not been for Bitcoin. But you're right in that its not the best coin/currency, and yes - one day it will be replaced.

You can never avoid 'dumb money' though. Its always going to be there.
Like it or not, when most people hear cryptocurrency, they automatically think Bitcoin..
Don't forget, that in most cases Bitcoin is years ahead in PR and publicity (ie 'spreading the word') than most of the alternatives.
The market sees this as a 'tried and tested' crypto, as opposed to some of the newer (and yes, better) ones with no history.

I'm a bitcoin and altcoin holder so I'm happy either way Smiley


This is what I call an intelligent post.
full member
Activity: 140
Merit: 100
I don't think so
Don't think what? I'm sure it will fail if there will be no solution. When there will be a solution I see a bright future for Bitcoin.
full member
Activity: 140
Merit: 100
I don't want to say anything but while reading your post, it reminded me of someone from 2012 and coincidently both of you are having the same opinion. 

Year 2017:
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...


Year 2012:
too much blind optimism. Everyone thinks bitcoins will rise to the moon again.

Remember some points.

1) Bitcoins are as useless now as they ever were


Year 2017:
Problem is because of all this hype there is a lot of new dumb money that only see Bitcoin's insane price growth.


Year 2012:
10) Last but not least, who the hell is stupid enough to pay $5.00 now for a bitcoin?


Year 2022: Will edit this in the year 2022


Things are still in the development phase thus there is a huge (*too much) scope for the growth in my opinion.
lol, except this time is different. Back then there wasn't a problem with Bitcoin itself. Just no one accepting it.
Now it is litterally unusable because there are more transactions made than Bitcoin can process so it keeps heaping up.
newbie
Activity: 62
Merit: 0
I don't think so
full member
Activity: 277
Merit: 101
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!!



Bitcoin is king because it showed us what is possible and paved the way for a lot of great altcoin projects that wouldn't have seen the light of day had it not been for Bitcoin. But you're right in that its not the best coin/currency, and yes - one day it will be replaced.

You can never avoid 'dumb money' though. Its always going to be there.
Like it or not, when most people hear cryptocurrency, they automatically think Bitcoin..
Don't forget, that in most cases Bitcoin is years ahead in PR and publicity (ie 'spreading the word') than most of the alternatives.
The market sees this as a 'tried and tested' crypto, as opposed to some of the newer (and yes, better) ones with no history.

I'm a bitcoin and altcoin holder so I'm happy either way Smiley
hero member
Activity: 1190
Merit: 534
I don't want to say anything but while reading your post, it reminded me of someone from 2012 and coincidently both of you are having the same opinion. 

Year 2017:
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...


Year 2012:
too much blind optimism. Everyone thinks bitcoins will rise to the moon again.

Remember some points.

1) Bitcoins are as useless now as they ever were


Year 2017:
Problem is because of all this hype there is a lot of new dumb money that only see Bitcoin's insane price growth.


Year 2012:
10) Last but not least, who the hell is stupid enough to pay $5.00 now for a bitcoin?


Year 2022: Will edit this in the year 2022


Things are still in the development phase thus there is a huge (*too much) scope for the growth in my opinion.
sr. member
Activity: 504
Merit: 251
★777Coin.com★ Fun BTC Casino!
In a way you are right there are many that will never move away from coinbase and try using bitcoin for transactions as we know the fee problem there just now does make it harder to use for daily usage. At some point something better will come along the problem with that is they are all trying to get to the same place as bitcoin.
I'm sure if coinbase offered more coins then we could see a serious shift in which coin becomes king.
sr. member
Activity: 1512
Merit: 326
dont said goodbye you can earn a bit with this niche
it will more crazy by some holders.
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