What happened to the good old days of bitcoin? - page 2.

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

Quote from: btvGainer on April 06, 2017, 03:51:20 PM

Quote from: vodaljepa on April 06, 2017, 12:53:21 PM

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

Those were the days when bitcoin was less than a $100 but now it is more than $1000.If we pay high fee,we can still get same quick transaction.If you want btc price to rise,you should not mind high fee also.There is no other way of transferring the money where you decide the fee but that doesn't mean we become selfish and greedy when it comes to paying fee

Paying a low fee is not being "selfish" or "greedy" it's just sending a transaction which miners can just not confirm for a long time. The fee market is part of what makes the choice practical - you want a quick transaction, you pay a high fee. The price rising is not what results in a higher fee, it's just that Bitcoin isn't scalable. Litecoin, on the other hand, is more likely to scale (and this might help Bitcoin, really).

I wasn't here in 2013, but maybe people were just going too fast, if they were really hyped up. Nostalgia is a terrible thing though, because it makes you see everything through rose-tinted glasses. I doubt 2013 was quite as perfect as you remember.

Coin-Keeper

hero member

Activity: 761

Merit: 606

I'm still pumped and I have been using/holding coins for many years. e.g. How can the "legal tender" thing in Japan not tend to help bust BTC wide open? I really wish the "fork" thing would just be over with, either way. Its a blast in here. Sure wish I could go back in time when I grabbed some coins in 2011 and know what I know now! Duhhhhh!

btvGainer

legendary

Activity: 854

Merit: 1000

Quote from: vodaljepa on April 06, 2017, 12:53:21 PM

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

Those were the days when bitcoin was less than a $100 but now it is more than $1000.If we pay high fee,we can still get same quick transaction.If you want btc price to rise,you should not mind high fee also.There is no other way of transferring the money where you decide the fee but that doesn't mean we become selfish and greedy when it comes to paying fee

JanpriX

hero member

Activity: 1708

Merit: 606

Buy The F*cking Dip

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.

piloder

legendary

Activity: 966

Merit: 1006

Quote from: vodaljepa on April 06, 2017, 12:53:21 PM

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

If you pay enough fees, you can get confirmation within 10 minutes now also but fees has grown significantly in terms of both bitcoin and fiat.

In past alt coins used to get released without any ICO but these days almost all of the alts are collecting funds from ICO and running away after crowdsale is over.

Andre_Goldman

sr. member

Activity: 322

Merit: 253

Property1of1OU

Quote from: iamnotback on April 06, 2017, 12:57:12 PM

Money ruins everything fun and turns it into conflict. Before we were just building things. Now we are fighting for vested interests.

The Bitcoin maximalism and this insatiable need for Bitcoin to dominate the world ended the fun. We stopped being focused on building many different things and having fun, and instead focused on warfare of "the one right way" aka "my way or the highway" aka "bend over and admit you're butthurt".

But its okay because we were changing the world. So it was all worth it. Right?

Satoshi died on the NJ turnpike recently. I am not joking.

Take deep breaths and say, "I can let go, I can let go, I can accept what is, I can enjoy diversity, I can take a poop now".

I would say that J. Nash's "Alma Mater" is cool ...

Regards to the topic and Nash Equilibrium reminds me his criticism to Adam Smith theory about the 'individual ambition' ;-)

...and that movie scene 'Beautiful Mind' https://www.youtube.com/watch?v=2d_dtTZQyUM

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Quote from: vodaljepa on April 06, 2017, 12:53:21 PM

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

People and corporations have move cold hard cash into cryptocurrencies. They have positions to defend and promote.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

I'm just as riveted as I've ever been, perhaps more so. We're either on the verge of greatness or pissing every last drop up a wall.

LuanX3

hero member

Activity: 756

Merit: 505

Quote from: vodaljepa on April 06, 2017, 12:53:21 PM

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

You can still get the good ol' days if you placed more fees. It's much more expensive now, that is why people are really pushing those forks like Bitcoin unlimited or Segwith. I guess you could say that maybe this was the flaw of bitcon that satoshi never really imagined when he first made it. Or probably he knew about it but not really got a way to find an answer for it.

iamnotback

sr. member

Activity: 336

Merit: 265

Money ruins everything fun and turns it into conflict. Before we were just building things. Now we are fighting for vested interests.

The Bitcoin maximalism and this insatiable need for Bitcoin to dominate the world ended the fun. We stopped being focused on building many different things and having fun, and instead focused on warfare of "the one right way" aka "my way or the highway" aka "bend over and admit you're butthurt".

But its okay because we were changing the world. So it was all worth it. Right?

Satoshi died on the NJ turnpike recently. I am not joking.

Take deep breaths and say, "I can let go, I can let go, I can accept what is, I can enjoy diversity, I can take a poop now".

vodaljepa

hero member

Activity: 658

Merit: 500

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

Topic: What happened to the good old days of bitcoin? - page 2. (Read 1512 times)