Topic: What happened to the good old days of bitcoin? (Read 1512 times)
Those moment when bitcoin transactions took 30 minutes can still happen, just a pay a bigger fee. I do understand you but people and bitcoin had improved since then, the transactions delay is an issue that would come sooner or later, due to popularity of bitcoin that for sure has raised a lot, and nowadays there is a big ammount of transactions unlike in the old days..... not missing josh garza... those scammer....
Those days are gone. Whitie has moved on. No one in murrica gives a shit about Bitcoin anymore because it's no longer edgy, trendy, cool. Drug dealers and college kids can't buy their dope on Silk Road anymore. That's over, forget about it.
Today we have Asia manipulation coin. It's much better than drug coin. There's a lot more asians in China and Japan than there are drug addicts in the west. Those of us holding bitcoins are much better off now than in the past because asians are driving the price up fast. As long as the asians aren't scared away from Bitcoin by their government, the con artist manipulators trying to control Bitcoin, or get bored with it we stand to make an embarrassing amount of money quick. Let the little pussy below cry himself to sleep and wet the bed because:
We are the 1%
Today we have Asia manipulation coin. It's much better than drug coin. There's a lot more asians in China and Japan than there are drug addicts in the west. Those of us holding bitcoins are much better off now than in the past because asians are driving the price up fast. As long as the asians aren't scared away from Bitcoin by their government, the con artist manipulators trying to control Bitcoin, or get bored with it we stand to make an embarrassing amount of money quick. Let the little pussy below cry himself to sleep and wet the bed because:
We are the 1%
It is all about perspective and how you see BTC nowadays. But I agree with you that the fun that we have before is fleeting away. Right now, I must say that having bitcoin is a lucrative hobby because of the high transaction fees that we need to pay just to get it confirmed within the hour. Big corporations saw the potential profit that they can make out of BTC and the outcome is that they positioned themselves in the community. Altcoins are turning scams left and right. The good old days of BTC is indeed fleeting away.
Yes perspective of different people may be different with each other through bitcoin. Because bitcoin availability and price increase may depend on the country you lived on. Here in my country the good days of bitcoin is not old because bitcoin here is upgrading and developing. A developing country may serve as a good for bitcoin through the power of internet for its transaction to be accepted by people who uses web on a daily life basis. And there will be no problem if you will used a proper wallet like coin.ph where you can pay bills , buy load or even convert bitcoin. 
If you want, I have some old BFL equipment. If you send me 65 bitcoins, I promise I'll mail them to you within 6 months.
You got a point with saying "good old days of Bitcoin", however we did know the fact that Bitcoin was going to get that big one day and even bigger than we imagine now. Even Satoshi himself mentioned that blocksize will need to be adjusted one day. As soon as bitcoin hardfork discussion is over and we solve the "fee" and "confirmation time" problems, It will all be good again. Only then Bitcoin can grow faster than ever.
We need to think that in the past the users were quite low same as that the complications were very low and confirmations too happens in a short time, but now we have grown in value, usage and several other prospects. This increases the complications and because of this the confirmation delay happens at times when larger of transaction get stuck into the network.
The mentality of the bitcoin community is changing compared to the old days. Now it's going far from the ideology from the creation of bitcoin. Is it good or bad, i don't know. But even the type of people involved in bitcoin are not the same and most don't even know or understand why bitcoin was created. maybe it's like the darwin theory lol
When you would send bitcoins and it would arrive within 30 minutes, also you would get excited when a new alt coin was released to see if you would be one of the first to get a whole bunch of them
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days
My transaction still get confirmed within 30 mins but i just need to give more fees than what I used to, and that was gonna happen with time so here it is. I agree with the news part, nowadays all the news there is "bad news". I think people still care of who Satoshi is, as I still see some or other topic discussing this, I personally never really did care much since the start. Bitcoin is still good, maybe its past was better, or maybe the future will be better. The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days
Now it's just become a greedy mans game
In my opinion the hype over bitcoin is dead, when I started using bitcoins in 2014 there were only a handful of faucets and at that time I was really eager to collect satoshis, now there are hundreds and hundreds of faucets. The point is couple of years ago or more than that bitcoins were collected as a hobby, now the hobby point of view is gone, more as an investment, means of scamming, illegal activities so yeah the good old days is dead and not going to return.
When you would send bitcoins and it would arrive within 30 minutes, also you would get excited when a new alt coin was released to see if you would be one of the first to get a whole bunch of them
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days
Time flows and change. We can't accept the fact that these " gold old days " has been replaced by conflicts, guilts, greed and competition. Crabmentality as it's best on both side of the coin. But these "good old days" is the reason why BTC survive this far. Yup, dark ages may came but one of the reason why we still push true is we want to feel and once again bring back these GOOD OLD DAYS.😊
I think the good old days of bitcoin will just remain as a part of the greatest history of bitcoin. The transactions now are much slower than before and they didn't like the old days and the faucets only gives very small cents unlike in the old days that it is easy to earn bitcoin without spending whole day in front of our computers. Good old days will gets older and older and it will be just a memory or part of the history.
When you would send bitcoins and it would arrive within 30 minutes, also you would get excited when a new alt coin was released to see if you would be one of the first to get a whole bunch of them
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days
Getting transaction delay is due to the halving period of making it difficult level go up and due to heavy transaction traffic, the miners are only picking the transaction fastly which are having high fees to gain the profit more. and about new altcoin as above one user told it that now the ICO are running for all new altcoins which is making very hard for investors to gain profit.
Imo blocks are getting mined faster after the halving, we're still getting fast confirmations.
blocks are being mined at the same speed as they were being mined since 2008. the protocol and how the difficulty is set and how blocks are found is the same so there will be the difficulty is adjusted every 2016 blocks making an average 10 minutes between new blocks.
Regards to the topic and Nash Equilibrium reminds me his criticism to Adam Smith theory about the 'individual ambition' ;-)
Agreed the murdered John Nash (aka Satoshi) is correct that we should not fight over the blonde, because we maximize our individual strategies in that case with a group strategy.
In the case of Bitcoin, Nash designed such that the whales have a crab bucket mentality w.r.t. any one whale being able to mutate the protocol and thus get an advantage over any other whale.
But I posit the mistake he made, is that I've shown the math that PoW eventually centralizes into one whale (or colluding set of whales) who can then at the point change the protocol and fuck over everyone else. Analogously, if one person was able to mathematically monopolize the blonde, he could force everyone else to take a second pick.
Game theory is complex. And Nash can make mistakes. He isn't perfect. Or perhaps Nash was just the symbolic face of Satoshi and not the one who made the actual PoW design.
As I know bitcoin getting advance so the problem getting complicated but bitcoin getting better from time to time.
IMO bitcoin are better nowadays as I see bitcoin value increased almost 6x when I knew bitcoin 2 years ago
IMO bitcoin are better nowadays as I see bitcoin value increased almost 6x when I knew bitcoin 2 years ago
actually it was 10 minutes for me on average or less some times, not certainly 30 minutes, which is something you might get right now if lucky
i'm still interested in some bitcoin news, but since i was here my main interest was mining, i love bitcoin because of that too, if it there was no mining bitcoin for me would have been evalued 50% less
everything else was not that important, it's something that happened and we can make more interesting things in the future for bitcoin
i'm still interested in some bitcoin news, but since i was here my main interest was mining, i love bitcoin because of that too, if it there was no mining bitcoin for me would have been evalued 50% less
everything else was not that important, it's something that happened and we can make more interesting things in the future for bitcoin
Bring back the good old days
Imo blocks are getting mined faster after the halving, we're still getting fast confirmations. We just can't bring back the old days because there's always changes that are happening. i am still receiving bitcoin within less than 30 minutes and when sending bitcoin i just pay a little bit more. even sending with 0 fee is still possible today!
Not sure about sending 0 miner fees is possible now that the mempool is always filled with tx that have large fees ,have you tried it? Could you show us a tx of yours if possible. 
When you would send bitcoins and it would arrive within 30 minutes, also you would get excited when a new alt coin was released to see if you would be one of the first to get a whole bunch of them
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days
i don't see anything different to be honest. i am still receiving bitcoin within less than 30 minutes and when sending bitcoin i just pay a little bit more. even sending with 0 fee is still possible today!
the drama has always been a part of bitcoin from day 1 it hit the market to be traded. the debate these days has started long ago, i know it back from 2015. and other times there was a different drama and different anxiety attack because forum was filled with a lot more drama than it should be. today it is this, before it was other topics such as an exchange getting hacked, China doing some crap, some country saying something about regulating and license!, ...
and i am still getting excited about altcoins, they are the same miserable attempt as before and are still pump and dumps which means money for traders.
and still half this board is filled with who Satoshi is.
There are so many conflicts now, this is common thing actually, now people only think about how to earn profit, but there are also good improvement for bitcoin , more shop accepting bitcoin, more new user using bitcoin, more country trying to adopt bitcoin, so this is the process that bitcoin must go through in order to become stronger crypto currency
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