The real death of Bitcoin... - page 2.

Vaccomondus

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Quote from: btcxyzzz on February 24, 2016, 05:52:43 AM

Quote from: Lauda on February 23, 2016, 10:13:54 AM

4) Bitcoin and Ethereum are not comparable.

Sure they are. From the user's point of view, you have coins in your program which you send to someone else. And that's completely the same no matter what lies under.

it depend what you're comparing, the two coins are comparable yes, but the platform and bitcoin not so much, bitcoin can be used on the ETH platform i believe or maybe i'm wrong?

btcxyzzz

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Quote from: Lauda on February 23, 2016, 10:13:54 AM

4) Bitcoin and Ethereum are not comparable.

Sure they are. From the user's point of view, you have coins in your program which you send to someone else. And that's completely the same no matter what lies under.

barbara44

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Quote from: TKeenan on February 23, 2016, 09:11:25 AM

Well everyone - the experiment is over. The blocksize/capacity thing just shows how fucking dumb 'concensus' is. Everything 'distributed' = total fail. They can't agree to move forward. There is no CEO. Now Coinbase is objecting to the bullshit HF 2017. Having nobody to make a decision has ruined bitcoin.

Ethereum on the other hand is raging up there. It's going to be huge. They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended). 'distributed' is cool, but it is unmanageable. Just let it go with no one at the wheel proved to be stupid.

Bitcoin is now fully fucked. Looks like Hearn's ragequit wasn't misplaced.

Time to buy Ethereum - Say goodbye to bitcoin.

Bitcoin can not be ruled out that easily rather it is impossible to kill bitcoin, no matter what happens and also you can not compare it with ETH or any other alt currency. Also you can see the price of bitcoin increasing day by day.

btcltccoins

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Quote from: Indianacoin on February 23, 2016, 05:38:38 PM

This is not acceptable.
Just now I made a transaction for an exchange deal and my Blockchain wallet app deducted 0.0028 BTC.

Still now after 2 blocks being mined so far the transaction has not got any confirmation.
This proved how the network is jammed! Undecided

Implementation of 2MB blocks are a must to solve these kind of scenario.

These things have to be looked by the bitcoins minner and people who control them. They need to get fixes for these minor issues.
Once these issues get resolved, you can see the bitcion raising to its peak.

ArticMine

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Quote from: Indianacoin on February 23, 2016, 05:38:38 PM

This is not acceptable.
Just now I made a transaction for an exchange deal and my Blockchain wallet app deducted 0.0028 BTC.

Still now after 2 blocks being mined so far the transaction has not got any confirmation.
This proved how the network is jammed! Undecided

Implementation of 2MB blocks are a must to solve these kind of scenario.

2MB blocks will buy Bitcoin some time but the underlying problem will not go away.

commandrix

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You are not the first person to predict the death of Bitcoin. But for the sake of a thought experiment, let's say that Bitcoin literally dies. Nobody's mining it and nodes are being turned off too. Does this mean the ideas behind Bitcoin have failed? Not necessarily; it just means that Bitcoin was always meant to be "Version 1.0" and there are better altcoins and Blockchain applications that are still decentralized and could succeed.

And, guys, Ether is an appcoin. It's the lubricant that runs the Ethereum network and was never really meant to be a speculative coin. Even the developers have said that. You can buy it and sell it, but they prefer that you use it as the token you use to "pay for" Ethereum's services.

Indianacoin

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This is not acceptable.
Just now I made a transaction for an exchange deal and my Blockchain wallet app deducted 0.0028 BTC.

Still now after 2 blocks being mined so far the transaction has not got any confirmation.
This proved how the network is jammed! Undecided

Implementation of 2MB blocks are a must to solve these kind of scenario.

Anddos

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Exactly, if there would be no limit on bitcoin, it would make it lose it's value. It's like gold.

NUFCrichard

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The advantage of bitcoin being decentralized is that the 21million limit ist just that, a limit. ETH might have advantages in that it is more malleable as it is centralized, but that comes with the disadvantages that they can change the entire direction of the currency as and when they choose.

Basically at the moment all crypto is valued based on trust. Bitcoin has a value because it can't be heavily diluted, just as with PMs, ETH could be 'printed' like fiat is. I think that the powers that be would prefer that ETH was successful and that Bitcoin dies, that's a good sign that Bitcoin is superior.

AgentofCoin

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Quote from: mtnsaa on February 23, 2016, 05:02:35 PM

Quote from: AgentofCoin on February 23, 2016, 04:36:56 PM

Quote from: mtnsaa on February 23, 2016, 04:29:13 PM

Quote from: AgentofCoin on February 23, 2016, 03:27:23 PM

Quote from: TKeenan on February 23, 2016, 09:11:25 AM

...
Ethereum on the other hand is raging up there. It's going to be huge. They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended). 'distributed' is cool, but it is unmanageable. Just let it go with no one at the wheel proved to be stupid.
...

Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.

Complete BS, go FUD somewhere else. Plus it's a complete nonsense to think that because Bitcoin has a finite quantity it will only go up, look it up.

Hope you didn't buy too many ETH at too high of a price. Wink

Everyone who trades altcoins knows this to be true.
Sorry you didn't get the memo.

Please provide me the link what the max Ether coin limit is and
also where the Ether Devs say that ETH is a speculative device.

Don't worry I already did plenty of money, even if it goes back to 40-50-60s I will laugh all my way down like the Joker. You think 72 million is a infinite number? They add 10 more per year or something like that, look it up. The Bitcoin scarcity is a complete fallacy, it should already be 2 million dollar each if that was case but not one actually uses it, go ask around, it's a joke. Every sh*tcoin with 1 million coins would be worth more than Bitcoin then. It's great as a storage of value in the long term because it has proven to be safe and relatively stable over the years (except for 2013 bubble) but that's it.

Imagine what an ETH could be valued at if it actually gets adopted by companies and dapps are developed, the sky is the limit.

Bitcoin was created as a Cryto-Currency. That is what it is currently doing.
Bitcoin "scarcity" is based upon economics and the well established historical record of mining for "precious metals".
In theory, Bitcoin should act and react in the manner that it was designed to be, a "digital-gold".

Ether Devs have stated they will fix the price of ETH to a small steady price (well below $10)
so that their contracting system doesn't become too expensive for users and companies to use.
They stated they will continue to dump more coins into the market to prevent rapid price increases.
They stated that ETH is just a token and should not be seen as a speculative device.

Buyer beware.

iamthesky

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The real death of bitcoin will occur when it will get replaced by some other innovative and strong crypto currency in future, or else it will never die.

mtnsaa

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Quote from: AgentofCoin on February 23, 2016, 04:36:56 PM

Quote from: mtnsaa on February 23, 2016, 04:29:13 PM

Quote from: AgentofCoin on February 23, 2016, 03:27:23 PM

Quote from: TKeenan on February 23, 2016, 09:11:25 AM

...
Ethereum on the other hand is raging up there. It's going to be huge. They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended). 'distributed' is cool, but it is unmanageable. Just let it go with no one at the wheel proved to be stupid.
...

Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.

Complete BS, go FUD somewhere else. Plus it's a complete nonsense to think that because Bitcoin has a finite quantity it will only go up, look it up.

Hope you didn't buy too many ETH at too high of a price. Wink

Everyone who trades altcoins knows this to be true.
Sorry you didn't get the memo.

Please provide me the link what the max Ether coin limit is and
also where the Ether Devs say that ETH is a speculative device.

Don't worry I already did plenty of money, even if it goes back to 40-50-60s I will laugh all my way down like the Joker. You think 72 million is a infinite number? They add 10 more per year or something like that, look it up. The Bitcoin scarcity is a complete fallacy, it should already be 2 million dollar each if that was case but not one actually uses it, go ask around, it's a joke. Every sh*tcoin with 1 million coins would be worth more than Bitcoin then. It's great as a storage of value in the long term because it has proven to be safe and relatively stable over the years (except for 2013 bubble) but that's it.

Imagine what an ETH could be valued at if it actually gets adopted by companies and dapps are developed, the sky is the limit.

RodeoX

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The revolution will be monetized!

Bitcoin is dead again? Yeah, OK.
I see nothing happening that is not exactly what was expected and consistent with the way the protocol is supposed to work. ETH I know nothing about other than, like all alt coins, it was created to address some perceived problem. I think ETH has no cap and so will eventually burn out. Like all almost every single alt. It is the beanie baby effect. They were valuable for a brief time. Then the producers made a million of them and sold them to suckers. That can't happen with bitcoin because fortunately we will never have a bitcoin CEO.

AgentofCoin

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Quote from: mtnsaa on February 23, 2016, 04:29:13 PM

Quote from: AgentofCoin on February 23, 2016, 03:27:23 PM

Quote from: TKeenan on February 23, 2016, 09:11:25 AM

...
Ethereum on the other hand is raging up there. It's going to be huge. They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended). 'distributed' is cool, but it is unmanageable. Just let it go with no one at the wheel proved to be stupid.
...

Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.

Complete BS, go FUD somewhere else. Plus it's a complete nonsense to think that because Bitcoin has a finite quantity it will only go up, look it up.

Hope you didn't buy too many ETH at too high of a price. Wink

Everyone who trades altcoins knows this to be true.
Sorry you didn't get the memo.

Please provide me the link what the max Ether coin limit is and
also where the Ether Devs say that ETH is a speculative device.

notaek

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Don't jiggle with your coins. Hoard them!

mtnsaa

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Quote from: AgentofCoin on February 23, 2016, 03:27:23 PM

Quote from: TKeenan on February 23, 2016, 09:11:25 AM

...
Ethereum on the other hand is raging up there. It's going to be huge. They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended). 'distributed' is cool, but it is unmanageable. Just let it go with no one at the wheel proved to be stupid.
...

Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.

Complete BS, go FUD somewhere else. Plus it's a complete nonsense to think that because Bitcoin has a finite quantity it will only go up, look it up.

kacak41

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Quote from: MrGodMan on February 23, 2016, 12:54:17 PM

Quote from: helloeverybody on February 23, 2016, 11:47:53 AM

Ethereum is an altcoin and as such should be in the altcoin section. I dont know why this has been posted here other than a shameful attempt at pumping eth. We dont need a replacement for bitcoin, we just need to fix what needs fixed. so many people will lose faith in cryptocurrency as a whole if we all have to jump ship onto a different coin everytime there's a problem.

Its a nice topic the real death of bitcoin but I think its promoting Ethereum in other way, well we will see in the future. Bitcoin is doing its best.

Yeah bitcoin is doing the best and at a moment and it will be far better in future, as it is expected that the price would reach the moon, so I don't think that bitcoin will die that soon.

bargainbin

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Quote from: SFR10 on February 23, 2016, 03:39:28 PM

In regards to BTCitcoin being changed as opposed to what it's now, Isn't since start, it was supposed to be how Satoshi it self wanted it to be from years to come and that's what dev's are doing? AFAIK nothing would change unless Satoshi itself comes out and decides to tweak it a bit unless I'm missing something.

You're missing a whole lot.
In this picture, different colors represent different Bitcoin nodes.

https://coin.dance/nodes
Different nodes are different because they have different rule sets.

The following picture illustrates the consensus mechanism for making changes to Bitcoin:

SFR10

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In regards to BTCitcoin being changed as opposed to what it's now, Isn't since start, it was supposed to be how Satoshi it self wanted it to be from years to come and that's what dev's are doing? AFAIK nothing would change unless Satoshi itself comes out and decides to tweak it a bit unless I'm missing something.

AgentofCoin

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Quote from: TKeenan on February 23, 2016, 09:11:25 AM

...
Ethereum on the other hand is raging up there. It's going to be huge. They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended). 'distributed' is cool, but it is unmanageable. Just let it go with no one at the wheel proved to be stupid.
...

Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.

Topic: The real death of Bitcoin... - page 2. (Read 3373 times)