Is it dead?

whereismyname
whereismyname

so is bitcoin now a shitcoin or is it just after the normie hype?

All urls found in this thread:
https://fork.lol/pow/retarget
https://www.youtube.com/watch?v=StYxb3hNqxY
https://coinmarketcap.com/currencies/ethgas/
https://www.ethgasstation.info/
https://coinmarketcap.com/currencies/ethgas/
Illusionz
Illusionz

its been a shitcoin for years

Raving_Cute
Raving_Cute

edit: is it settling after the normie hype

Snarelure
Snarelure

it's nearing the end of a normal consolidation phase that was prolonged by fake news over Korea.

three more days.

farquit
farquit

@whereismyname
Normies have come and gone, with very little impact to btc, most mover on to alts with better gains. There are no more big gains to be had in this coin.

It will never go 20k+ with the current pool of ctypto buyers. If you bought long ago, great! But for everyone else it's not really a great investment compared to other alts.

Firespawn
Firespawn

@farquit
Wait so let me get this str8, you think that BTC will never go past 20?

AwesomeTucker
AwesomeTucker

@Firespawn
Correct, screen cap this.

farquit
farquit

It's over.

During all 2017 Bitcoin was artificially pumped until normies invasion.

smart money already cash out, now to not make it too obvious it's slowly going down bouncing up and down, it can't go to $5k-$7k in one day.

It won't go over 20k again at least for the next 2 years.

Nojokur
Nojokur

@AwesomeTucker
okay I will. I'll see you in february. don't puss out, you'd better be here. I want you to re-read what you said when we are pushing 40k.

BinaryMan
BinaryMan

@Nojokur
Pushing 40k on what fundamentals? The cultists on r/bitcoin are pretty much the only thing keeping this alive at the moment.

Burnblaze
Burnblaze

@BinaryMan
The same fundamentals that brought us this far.
Store of value supported by capped supply and proof-of-work network that progressively grows to handle increasing difficulty. Simple and effective.

Booteefool
Booteefool

@whereismyname
At this point if bitcoin dies, all of crypto goes with it. so no it's not dead, not even close.

Skullbone
Skullbone

something about the coin actually has to change for anything to happen. And the solution has to be better than what other coins have to offer for it to get hype.

In terms of percentage gains, the more expensive a coin gets the lower your potential profits anyway. So Bitcoin is dead weight for anything other than dumb asses with no concept of how this shit actually works. BTC is fucking dead. Its been dead for a long time.

FastChef
FastChef

@Burnblaze
Except this is the first time in history BTC has reached such critical mass that it doesn't work anymore for the common person. Due to the cultish mentality of the team, it is not cheap or fast or decentralized anymore. It's changed.

Spazyfool
Spazyfool

@Booteefool
Its dead in terms of gains. If a coin lives by gains then it dies from lack of gains. Bitcoin is fucking dead.

Sir_Gallonhead
Sir_Gallonhead

@BinaryMan
reddit and Veeky Forums are bored of it, but normies are hyped about it now. cnbc talks about it all the time

viagrandad
viagrandad

@Burnblaze
Bitcoin's fundamentals are digital cash. Store of value meme is really "shit doesn't fucking work".

RavySnake
RavySnake

@farquit
@AwesomeTucker
@BinaryMan
normies are poor and cannot affect the market so much

but when big money decides it is time to pump the king you are gonna shit your pants

CouchChiller
CouchChiller

@Spazyfool
it's the gateway drug to the casino, there's more price action in the shitcoins, but also way more risk

FastChef
FastChef

@FastChef
None of that matters.
What are the fundementals of gold? Diamonds? Are they fast or cheap to move? Are they decentralized? Do you believe in "team" or entities that control the supply? Do they work for the "common person?"

Fuzzy_Logic
Fuzzy_Logic

@Sir_Gallonhead
Try and go on r/bitcoin's "new", you'll see the sheer amount of normies disappointed by its fees and slow as fuck TX times. Not to mention thei TXs getting stuck forever. They won't touch it again.

lostmypassword
lostmypassword

@FastChef
No, but gold was never intended as fast, cheap to move or decentralized. It is what it's supposed to be. Bitcoin, on the other hand, is not. Big difference.

Deadlyinx
Deadlyinx

@whereismyname
It'll all be over soon user don't you worry.

TreeEater
TreeEater

@Nojokur
Im not sure it can pump with so much confusion about scaling...

Bidwell
Bidwell

@Fuzzy_Logic
the dev's will eventually fix it and it will 10x

RumChicken
RumChicken

@CouchChiller
Bullshit, WE THOUGHT there was more risk last year. In reality the main alt coins have proven to be safer and better investments. Every major alt coin outperformed BTC. ALL OF THEM.

Not one of them randomly. ALL OF THEM. As in Bitcoin earned less than MOST top 100 ALT COINS. By a lot.

The only risky coin was Bitcoin. Hindsight is 20/20
Don't make the same mistake in 2018.

Illusionz
Illusionz

@lostmypassword
Gold does not "intend" to be anything. It simply is. It is humans who assign value to it. Not because it's "supposed" to be anything, but because of our own internal logic and psychology.

Satoshi may have had certain intentions when he designed Bitcoin, just as the founding fathers of many nations and companies had certain intentions when they created the United States, or Rome. But over time, the nature of the beast changes as it outlives its authors. Bitcoin is a substance, just like gold and diamonds. A digital substance. It is people who decide what a substance is worth, and not always for reasons that seem rational. But a keen mind will perceive what truly motivates people: rarity is an example of just such a quality. Realistically, it adds no function or utility to the substance that possesses it. Yet it is a feature of nearly all substances that are perceived as stores of value.

BunnyJinx
BunnyJinx

@Bidwell
I hope they do, but honestly it looks like someone has big interests in keeping the fees the way they are.

Lunatick
Lunatick

@RumChicken
Just as many people lost money in that volatility as won, probably more.

Crazy_Nice
Crazy_Nice

These BTC supporters are even more delusional than the normies with TRON this is painful to read

Techpill
Techpill

As soon as it becomes easier to buy altcoins without using bitcoin it will crash hard. That's like half the demand for this shitty old coin.

SniperGod
SniperGod

@BunnyJinx
eventually they will realize that the gains from fixing bitcoin outweigh the gains from tx fees

Raving_Cute
Raving_Cute

@Illusionz
I agree with all you said, but it's all irrelevant to what I stated. I'm saying that when people think of Bitcoin, they have certain expectations: fast, cheap, decentralized digital cash.
Instead, what they actually get is a very slow, very expensive, centralized digital gold.
The difference between expectation and reality is what turns people off. And by the way, this "Bitcoin is not SUPPOSED to be loke cash anymore" only came out as a cope for its problems.
I'm trying to help you see reality here, as an ex Bitcoiner who used to be completely brainwashed and unable to see problems that were right in front of me.

Inmate
Inmate

@Lunatick
Zero of them lost money if they held Doge, Dash, ETH, LTC, XRP and pretty much any coin in the top 20 CMC right now that existed through the entirety of 2017.

Zero of them. And they made more than double sometimes as much as half a million for the same investment. Not one of the major coins died or lost value. If you bought January first 2017 Bitcoin was the worst investment hands down.

SniperGod
SniperGod

no will grow with crypto as a whole

CodeBuns
CodeBuns

@Illusionz
And by the way I'm not saying Bitcoin is necessarily dead yet. Just that it's at a critical point and people involved in it refuse to see it.

BunnyJinx
BunnyJinx

Speaking of everyone's favorite dinosaur coin:
https://fork.lol/pow/retarget
Next BTC difficulty adjustment is in an hour and a half.
It's going up another 15%.
Get ready for even worse fees and tx times.

King_Martha
King_Martha

I thought all that drama and FUD last year was based on changes to BTC which would decrease fees and delays, but here I am in 2018 using LTC for everything. I expect it will drop in volume and price until the fees and tx times are in line with other crypto.

kizzmybutt
kizzmybutt

the normies are the ones pumping everything else. the late adopters who missed out on bitcoin are the ones trying to convince everyone it's dead.

so what are you, an early adopter now rich thanks to bitcoin/ethereum, or a late adopter normie trying to catch pumps created by those of us early adopters?

hairygrape
hairygrape

@whereismyname
soon BTC will eclipse us all alts. moon? no, BTC will be the sun.

idontknow
idontknow

@Inmate
Lots of people don't hold my dude, that's why they're called weak hands. Couple that with terrible entries and its not uncommon for someone to lose 40-80% on a very bad trade in this market. There's threads on Veeky Forums about it right now.

ZeroReborn
ZeroReborn

@Raving_Cute
I'm saying that when people think of Bitcoin, they have certain expectations: fast, cheap, decentralized digital cash.

Maybe a long time ago.
Do people really think this now? Who?

"Bitcoin is not SUPPOSED to be loke cash anymore" only came out as a cope for its problems.
I prefer to think of it another way. The attitude towards it has changed because people still appreciate it for what it does well, they have just moved on to other assets to fill needs that bitcoin can't satisfy.
Bitcoin doesn't pay dividends and isn't fast or cheap to transfer which makes it a poor currency and investment vehicle.
It is, however, an amazing store of value and speculation vehicle, absolutely the best in history, and still hasn't topped out yet.

FastChef
FastChef

It'll go up once exchanges sort out registrations and let in a flood of new normies to bleed for fiat.

Nojokur
Nojokur

Jesus christ bros I'm new to this shit my transaction fee was 0.00120000 bitcoin thats like $20 what the hell

I thought this shit was supposed to be fast and cheap?

Soft_member
Soft_member

@whereismyname
bubble gonna burst get out now, sell your BTC to XAU
https://www.youtube.com/watch?v=StYxb3hNqxY

Fuzzy_Logic
Fuzzy_Logic

@ZeroReborn
I agree, it's a good store of value because of its security; but then again, its price per unit might keep decreasing over time due to its current problems not being addressed.
Then your store of value turns into a depreciating asset.

massdebater
massdebater

@idontknow
Lots of people don't hold my dude

The fact you dont realize this is a shit argument is awesome to me. So your argument is that bitcoin was better to hold and never trade because trading is hard. In the context that holding and never trading alts is more risky.

LOL!!!

Techpill
Techpill

@Nojokur
Coinbase sends each BTC transaction separately instead of batching them. Even a 1 minute delay to batch transactions together would drastically reduce their network usage without having a noticeable effect. Because of all the normalfags using Coinbase to buy BTC, it now accounts for over half the network's traffic, resulting in drastically increased fees due to Coinbase taking up so much space and overpaying for transactions.
Of course, what does Coinbase gain from this? It is affiliated with BCH, who in turn are affiliated with a large mining group who benefit from Coinbase jacking up the fees. By buying ETH/BCH for a low price, weakening Bitcoin, and then having them flip BTC, Coinbase can also make an immense amount of profit.

Ignoramus
Ignoramus

@massdebater
Most people's risk tolerance can hardly stand Bitcoin and its the least volatile. That's what I'm saying or ETH. Most shitcoins swing far too hard for most people to want to hold through. People have weak hands on BTC and ETH ffs. So idk why you think people aren't selling losses in this market.

Methnerd
Methnerd

@Techpill
Then your coin sucks and is not a store of value.
Simple as that. Acting like giant babies crying and whining that the world is super unfair and that people are being big meanies and taking down muh shitcoin because its so vulnerable to attacks! WAAAAAAHHHH!

Your coin sucks bro
Upgrade to literally anything else.

Stupidasole
Stupidasole

I was shilling pfr and prl here for you on Veeky Forums since both were 0.07 and 0.01 respectively. Get profit on egas and make me (and you) rich.
Take a [email protected] https://coinmarketcap.com/currencies/ethgas/

King_Martha
King_Martha

@Snarelure
No
@whereismyname
No. You've been saying this for years. It's going to keep mooning

whereismyname
whereismyname

@AwesomeTucker
I fucking screencapped your dumbass

You probably have ADHD and no patience. Just fucking hold.

Garbage Can Lid
Garbage Can Lid

@Ignoramus
Most people's risk tolerance can hardly stand Bitcoin and its the least volatile.

Sure, I held my BTC over most of 2017 because I too was a moron just like you. But the difference between me and you is that I am looking back and going "Hey that was dumb, lets see how I can improve my situation in 2018"

Its called learning from past events. Your argument is that you think its a good idea to continue to be a complete money hating idiot now that we know they situation has presented itself to be clear that BTC is inferior to alts.

Adapt you fucking idiots ADAPT!! Why wont you fucking learn!!!

fuck it, I can unironically call anyone holding BTC a poor fag right now. My gains have been so much better that its laughable to hold BTC at this point.

BlogWobbles
BlogWobbles

@Garbage Can Lid
he thinks I'm holding Blockstream Core

That doesn't matter. I'm not talking about you or me, I'm talking about the market, dingus. I never at any point said anything about what you're doing in your folio.

Fried_Sushi
Fried_Sushi

A lot of people can't afford Bitcoin and try to come up with reasons it sucks so they can play with shitcoins. They get mad when their shitcoins gets dumped because of BTC movement and it increases their anger. They simply don't understand the market and are newbies. You also have stupid people who cashed out around 7k and trying to FUD the shit out of it because they're retarded.

Spamalot
Spamalot

@farquit
I fucking hope it goes down to 5k just so I can keep buying it up

Bitcoin will be everywhere one day. Fuck it's still used all over Tor as well. 48% of Bitcoin transactions happen on Tor. As long as drugs are illegal and people need illegal guns Bitcoin is going fucking nowhere. It's going to keep it'll hit 30k this year easy.

New_Cliche
New_Cliche

@BlogWobbles
oh wait you have BCH?

carry on then. I am talking about the Segwit shitcoin. BCH might do something eventually.

Stark_Naked
Stark_Naked

@Spazyfool
It's nowhere near over. It's still getting started

Booteefool
Booteefool

@Stark_Naked
Segwit coin is dead.

BCH can be argued to be "just getting started" though.

Segwit coin is fucking dead though.

TalkBomber
TalkBomber

btc is legal currency in japan
btc currently has largest adoption
btc will continue to have large adoption
lightning network isnt a meme even if it is its still the gold standard

since the summer people have been saying btc is dead but its in a bear cycle rn and alts are in a bull cycle, it was the reverse couple months ago and in the summer it was like how it is now, the cycle will continue

btc bull run soon

SniperWish
SniperWish

Will someone buy my BCH for $9500

MPmaster
MPmaster

@whereismyname
Have you ever used it? BTC is trash. Litecoin is infinitely better and it's still trash.

girlDog
girlDog

@Techpill
Don't you think they would have done that by now. You'll always need BTC or ETH to buy shitcoins

SniperWish
SniperWish

pump it

Evilember
Evilember

The Lightning Network becoming usable can give BTC one more big pump.

WebTool
WebTool

35k spike Feb14 - Green Valentine

Fuzzy_Logic
Fuzzy_Logic

@Evilember
The Lightning Network becoming usable

I highly doubt it. So far, they've only did a one transaction test. That's fucking nothing. That also have no timetable for release.

Inb4 it's not a product. It's a fucking product when you have to pay money for it and a for-profit company maintains it.

Evilember
Evilember

@Fuzzy_Logic

There's a whole Testnet of shit happening with the lightning network, and the main net nodes are starting to grow even though its a pre release product. If it's implemented successfully BTC will absolutely crush 98% of alts and surge to 30 - 40k no worries as more and more organizations begin to adopt it with near instant transactions and minimal fees

King_Martha
King_Martha

@whereismyname
yes shitcoin dont buy get something else like eth or cheaper coin like vtc verge or iox

Methshot
Methshot

@Methnerd
I have ETH transaction pending for almost 9 hours already. Your argument is weak just like your hipster shitcoin, ETH fag.

Illusionz
Illusionz

@Methshot
No you don't have an ETH transaction pending for 9 hours. The current speed for an average ethereum transaction is well under five fucking minutes. Even if you deliberately set a very low gas price (6 fucking gwei), you'd still be on the chain in under thirty minutes. Only 7% of all transactions sent are sent with less than 20 gwei.

I hate you and your lies.

https://www.ethgasstation.info/

5mileys
5mileys

@Illusionz
lol shill harder hippie

Need_TLC
Need_TLC

Grandpa is waking up

hairygrape
hairygrape

@Illusionz
testing another one with only two

and i just set one more with 0.1 gwei but it wasn't picked up yet

Evil_kitten
Evil_kitten

BTC fell from 90% dominance to 32%. I'm sorry you blockstream/core shills, but your coin fucking sucks. It has all 100% media attention from its name, its history, and it's still shitting the bed.

I don't know what is worse, Blockstream killing the coin, or the few BTC users ignoring that it is dead and believing it has a future.

Grow up and buy BCH and ETH, you ignorant cunts.

eGremlin
eGremlin

@Raving_Cute
It's *not* digital gold though. Want to see what digital gold should look like? Here; https:// www.vaultoro.com wake up the next morning and you know your digital gold is going to be worth the price of actual gold, it's a proper store of value, not this fake cope masquerading as a selling point because BTC cannot get its shit together and has been sabotaged by blockstream. Every day now we hear bullshit about the arrival of lightning when the simple routing problem at the very core of how the protocol will work has not yet even actually been solved. It's like promising to power the world with nuclear fusion on research reactors that don't actually give a net return on energy invested but hey look a tokamak and a motherfucking plasma, normies amazed.
Anyone in this space who knows what the fuck they are doing should not be holding a significant amount of BTC long term period.

Methnerd
Methnerd

@Evil_kitten
BTC fell from 90% dominance to 32%
Mostly because of ETH and other shitcoins. I bet at the end of the day ETH miners turn their fees(which are pretty high) into BTC lol.

whereismyname
whereismyname

@Methnerd
What in the actual fuck else do you suppose is going to eat market share if not the competition you fucking brainlet? Of course other coins took the share, that doesn't mitigate the core point that BTC is sabotaged and thus fucked, and you are being promised rainbow farting unicorns to fix it, and you are stupid enough to lap it up.

lostmypassword
lostmypassword

Like it or not, Bitcoin is the brand that brings the herd in. There would be no alt bullrun right now if Bitcoin hadn't bulled from 4k to 9k by thxgiving

Techpill
Techpill

@whereismyname
BTC is sabotaged

And why would anyone would sabotage it, what's their end game?

Ignoramus
Ignoramus

@Spamalot
what is monero

Nojokur
Nojokur

@Techpill
To sell side/off chain products. Or even more nefariously to cripple it long enough for bankers to get into position. After all a bunch of retards just gave their crypto away for free (XRP).

Stark_Naked
Stark_Naked

@Techpill
How about not losing the power that they've accrued and used to control the world over the past hundred or so years? I don't know, shit, maybe that's motivation enough? Who the fuck are AXA and why are they invested in Blockstream? Who the fuck is Henri De Castries and why is he intimately involved with both AXA and the Bildeberg group? Follow the fucking money son.

Bidwell
Bidwell

@whereismyname

Flippening incoming, BTC will die a slow death. ETH to 20k in 5 years.

Inmate
Inmate

Pic related is the Corecucks who think BTC has a special magical property they can't explain which makes it "digital gold".

SniperGod
SniperGod

IME, I only hear retard normies mentioning BTC

LuckyDusty
LuckyDusty

highest market cap by far

" is it dead?"
"is it a shitcoin?"

JunkTop
JunkTop

@Snarelure
this. altcoins will get slayed like always and BTC will rise again. prolly still a couple weeks of shitcoins mooning before BTC goes to 40k.

PurpleCharger
PurpleCharger

@whereismyname
It will wreck us all in a week or so I'm sure.

I hate the coin but you have to remember how much is behind BTC. It's not just some normies and hodlers, there is a HUGE industry behind making sure BTC stays up.

Gigastrength
Gigastrength

@Bidwell
Goddamn fucking straight. I'm tired of being polite about this shit, every honest cryptocurrency that remains will and absolutely should feast on the corpse of BTC. BCH, ETH, ADA, SKY, ENG, XZC, XMR etc are all going to have an absolute field day when the great mass of people finally realise that BTC is nothing but a hollowed out shell, a victim of a wasp parasite injected into it long ago, shambling about only in the terminal phases of its death and sucking up the money of complete fucking idiots who don't know a proof of work algorithm from an ECDSA curve.

Methshot
Methshot

@Stark_Naked
Follow the fucking money son
Im confused. Are you in support of investing in bitcoin because of the implications of such companies having a stake? Or against it? Because if the point is to follow the money... Buy bitcoin. Friendly reminder that altcoins only have so much money in them because its the best way to shake btc out of 'traders'.

iluvmen
iluvmen

@Methshot
Would you have used Microsoft Linux if it were released when Microsoft was losing market share hand over fist to Linux distributions in the server space? Why would they release such a thing if not to sabotage the product and promote their own offerings as it obviously fails? Why do you suppose the sabotaged zombie BTC will be treated any differently from the party that has effectively co-opted it? They don't want the world on BTC, and they don't want cryptocurrency advocates gaining wealth or power, they are just manipulating idiots who can't see their transparent play into throwing away the actually valuable decentralised hard supply limited assets they do have in chasing this wreck of a shitcoin. Every time they see some clueless fuck who counts their portfolio in sats they probably piss themselves laughing.

LuckyDusty
LuckyDusty

@Methshot
Blockstream Core failed. They were suppose to get LN and all the sidechain products up and running before all this congestion hit. There might be others interested in Blockstream running Bitcoin to shill their products, but most people who do commerce do not want this at all and in the meantime BTC doesn't work at all.

LuckyDusty
LuckyDusty

@iluvmen
They don't want the world on BTC, and they don't want cryptocurrency advocates gaining wealth or power, they are just manipulating idiots who can't see their transparent play into throwing away the actually valuable decentralised hard supply limited assets they do have in chasing this wreck of a shitcoin
You are delusional. The true future of cryptocurrency isnt some ancap retard paradise, think darker.
Crypto is the perfect tool for control over a single global economy. Take over the space while its early and mold into their image.. Not to risk it heading in a direction they cant control.

Booteefool
Booteefool

@lostmypassword
That's like arguing that there would be no netflix without blockbuster. Sure it helped to popularize the video rental industry, but they could not keep up with the times. Eventually consumers had better options, and blockbuster died. We are literally witnessing that with bitcoin now.

BunnyJinx
BunnyJinx

@LuckyDusty
This would be Microsoft windows re-branded as Microsoft Linux. I know the smart city totalitarian dictatorship play as well as the next conspiracy theorist, and it won't work, for the exact reason that BTC is already at 32% market dominance. People reject their control, they have rejected it since time began, their entire sorry career is an exercise in re-asserting that control only to have it thrown back in their face, time after time after time. And that's just what's happening here, already near 70% of the market has stopped believing in their bullshit, how long do you think it will take the rest of them to figure it out? Clock's ticking motherfucker, and surrender to totalitarian dictatorship is not an option to anyone with a functioning pair of balls.

askme
askme

@Booteefool
pajeets make a hundred shitcoins
muh marketcap of 100 million supply coins with only a total of 100btc daily volume
muh bitcoin is losing market dominance huur duur
Lmao

StonedTime
StonedTime

EGAS has a 13 mil max coin supply and the price is sub 10cents right now. Even if it turns out to be a scamcoin it will definitely get pumped to $1 before then and that will only put it at 13m market cap.
Take a [email protected] https://coinmarketcap.com/currencies/ethgas/

JunkTop
JunkTop

@Ignoramus
Nowhere. Disconnected from Tor rn just so I could come and reply to you. If you just go through the main places in the hidden wiki to buy shit no one is using anything other than BTC.
No hacker wants to get paid in Monero when BTC keeps exploding as long as you hold

Ignoramus
Ignoramus

@askme
This is like saying if the world economy had figures denominated in bushells of wheat rather than USD or ounces of gold, it would be bushells of wheat that actually control the world economy. The map is not the territory and the product is not the label, alts being denominated in BTC Is largely a consequence purely of the orderbook formatting presently, and it is already decaying as BTC decays and various exchanges implement base pairs that are not absolute festering shit.

Need_TLC
Need_TLC

BTC = Myspace
ETH = Facebook

Anyone that actually trades figured this out last year. Normies will eventually figure it out too. BTC is a bloated corpse that suffocated under it's own weight. It's only propped up right now by the influx of normie cash which will end when they see for themselves how unusable it is

SomethingNew
SomethingNew

@LuckyDusty
This guy gets it. Blockstream's purpose isn't to destroy BTC, but to take control of it, and they can only achieve that by the use the technical debate of scaling as an excuse. What they really were after all along was to move the transactions into their own 2nd layer solution, which effectively takes the bitcoin out of bitcoin, it'll be eventually like PayPal over BTC. It simply can't work in any other way. They knew that all along and chose that path for that reason, so they could offer their Liquid software to hubs to provide the channels for the end users.

Poker_Star
Poker_Star

@JunkTop
Yeah I'm sure they want exposure to gains on the absolute lowest line on this chart.

Skullbone
Skullbone

@BunnyJinx
Im done here. You think more money flowing into the market as a whole is a sign that bitcoin is dying and thats just ridiculous. 12 months ago people thought 5k by eoy 2017 is a dream. 24 months people thought we'd be lucky to see an eight figure market cap for bitcoin again.

muh market dominance
...

ZeroReborn
ZeroReborn

@SomethingNew
To control BTC *is* to destroy it. It's not a cryptocurrency anymore, it's just another shit tier ripple clone.

Nude_Bikergirl
Nude_Bikergirl

@Skullbone
Right, keep buying horseshoe makers as cars takeoff, after all, money is flowing into the transportation industry, what could possibly go wrong. Clueless fuck. I'm glad it's people of your calibre on the opposite side.

TurtleCat
TurtleCat

mfw idiots don't realize the entire purpose of alt rallies is to make profit in bitcoin and eventually cash out

Boy_vs_Girl
Boy_vs_Girl

@Nude_Bikergirl
Youre too fresh in this market. You dont understand the true purpose of alts. Sure there a handful of awesome projects... But 80% of the market is trash and only exists to take the btc of retards trying to trade. Youll learn one day buddy. The big money isnt letting go of their positions in the king.

Enjoy your alt gains while they last, I am as well, but I know when its time to jump back on. Dont fall the same cycle again and again user :^)

askme
askme

@Spamalot
If I were as retarded as you are showing you are I would kms like literally now.

BITCOIN IS TOTALLY, COMPLETELY USELESS. High fees, slow transactions, always at war internally, toxic community and behind in development. Zero adoption in the real world, except for DNMs transactions, and even there it's going to be replaced by Monero, so it's going to zero.

I give it a year. Then nobody's going to use BTC anymore. Fundamental analysis places Bitcoin at slightly above zero, and that's where it's going. You have to be totally delusional to thing otherwise.

Now you tell me: WHY WOULD I WANT TO USE BITCOIN OVER LITERALLY ANYTHING ELSE? I'm forced to if Bitcoin is the only numeraire for a coin I'm interested in, but that's going to change in the next year.

Sharpcharm
Sharpcharm

@Boy_vs_Girl
I've been here since people were trading 10,000 BTC for pizza. And I'm not the one tripping over myself to suck blockstream cock and surrender my independence to globalist scum.

Evilember
Evilember

@SomethingNew
I still can't tell if that image is satire or for real. If real, LN is doomed. What an unnecessarily complex pile of garbage.

TurtleCat
TurtleCat

@ZeroReborn
BS relied on people being too dumb to understand that. They wanted to make a killer app which will make it effectively Ripple backed by Bitcoin, but luckily for the altcoins they screw up so bad BTC will crash before they have the time to make any breakthrough.

StrangeWizard
StrangeWizard

@Boy_vs_Girl
@TurtleCat

I hate to be that guy and say its different this time, but its different this time. There will be a mix of cashing out alts into currency coins. ETH, BTC, BCH, and XMR. BTC will lose more and more of its marketcap over 2018. ETH will overtake it and then BCH will over take ETH.

Inmate
Inmate

@TurtleCat
Right. It makes me worry what would've happened if they got their shit together before the scaling ceiling was hit and the organic migration to quality alts began, they may have actually stood a chance, or at least more of a chance than they stand now.

iluvmen
iluvmen

@TurtleCat
a year ago i would have agreed with you but things have changed. get with the times, my dude

as of today would you rather cash out in BTC or ETH? pic related

lostmypassword
lostmypassword

If you're not measuring your crypto gains in BTC amounts, you are the normie you think you hate.

Illusionz
Illusionz

corporations want to control BTC so they invest a shit ton f money into it
corporations want to crash BTC so they lose a shit ton of money and possibly crash the whole market

can you guys make up your mind already

Methnerd
Methnerd

@Burnblaze
I agree with you but frankly the fees and slowness of BTC have to be fixed or ethereum will take its spot.

Fuzzy_Logic
Fuzzy_Logic

@ZeroReborn
I look at bitcoin as digital gold, now. It's slow but stable, and scarce.

girlDog
girlDog

@Sharpcharm
I've been here since people
Since one person*

@StrangeWizard
Take a look at the market dominance of bitcoin in jan/feb 2014

@iluvmen
Withdrawing btc or eth on binance is about the same fee
By the way, bitcoin can be transferred in under an hour for under $10. Learn how fees actually work and stop selecting the default :^)

SomethingNew
SomethingNew

@Illusionz
With the amount of blockstream brainwashing, I still don't know if this is a joke. However, if anybody thinks Starbucks is going to set up a node, you are fucking delusional. You are also delusional if you think that ANYBODY will set up a channel that you need to prefund to use, comply with FinCEN regulations, keep online 24/7, and pay additional fees to the main chain fees to use.

WHAT THE FUCK IS GOING ON? HOW IS THIS A THING?

StonedTime
StonedTime

@Illusionz
You probably think government budgets work the same as household budgets.

MPmaster
MPmaster

@Deadlyinx
draws arbitrary lines to match graph
presumes insight from dong water equivalent of chart analysis

l o l

SomethingNew
SomethingNew

Bcash has already won.

Emberfire
Emberfire

@Illusionz
Dafuq you're talking about? Who said corporations put a shit ton money into it?
Anyway it's a win-win situation for them, either A. they control BTC, or B. they destroy BTC, either case they won (when something else will take BTC's place they'll have enough time to pull a new trick).

Ignoramus
Ignoramus

@Illusionz
Your analogy would hold up if people could create a 'new' gold in real life like others create new cryptocurrencies. I believe in Bitcoin but the developers need to pull their heads out of their asses and get to work on a scaling solution that works.

Illusionz
Illusionz

@SomethingNew
Large organisations are already investigating the potential of buying mining rigs just to take advantage of the crypto boom. It's part of what corporates are calling "digital readiness", or "the digital transformation".

What you are is one of those comedy idiots who looked at a room-sized computer in the late 1950s, and proclaims that only the richest twelve men on the planet would ever wish to own one.

Spamalot
Spamalot

@SomethingNew
WHAT THE FUCK IS GOING ON? HOW IS THIS A THING?
It's a case of GIB - greed induced blindness.

GoogleCat
GoogleCat

Bitcoin is a 100% shitcoin but I think it still has some life in it because normies keep pumping it and other bagholders sell off to use money for real currencies.

farquit
farquit

@girlDog
wow what a narrow, selective "argument." I can see you'd rather be smug and feel right about nitpicky things than admit that BTC has a massive fucking problem with tx fees

who gives a fuck what the final fee is when you cash out? what about the hundreds of trades between your buy in and your cash out and all the fee raping you took up the ass? can I ask binance for all that money back?

strong hands are admirable but you're bordering on fanboyism

Playboyize
Playboyize

@Fuzzy_Logic
stable

Gigastrength
Gigastrength

@StonedTime
No I don't. In order to keep pumping money into crypto governments need to print more moneis thus causing an even bigger inflation of fiat. Fiat is the only asset that keeps societies function and it will be this way for a long time so I don't think crypto money will be crashed by the governments because they simply don't have resources, unless they shut down the whole internet.

Techpill
Techpill

@girlDog
Take a look at the market dominance of bitcoin in jan/feb 2014
What about it? While what I was talking about relates to dominance, the fact of the matter remains that bitcoin's fundamentals have broken down and there is enough liquidity in the market to diversify into other cryptos and the incentive to do so is high as bitcoin becomes worse and worse at transferring value.

happy_sad
happy_sad

@farquit
huur muh $50 tx fees and 24 hour waits
"no"
huur nitpicky smug faggot
Fuck up

what about the hundreds of trades between your buy in and your cash out and all the fee raping you took up the ass? can I ask binance for all that money back?
What does this have to do with anything?

Flameblow
Flameblow

@Illusionz
I was talking about LN specifically, you sound like some fucking guy from India who is only now learning about crypto, too noob to know what is really going on with BTC.

Techpill
Techpill

@happy_sad
These BTC bagholders are easy to spot.

eGremlin
eGremlin

@Techpill
bagholding btc
Nah son, but its clear all the people salty about btc were the ones who bought at 20k and became bagholders

Crazy_Nice
Crazy_Nice

@whereismyname
AXA/BlockStream ruined it. BCH is now the official Bitcoin

Boy_vs_Girl
Boy_vs_Girl

@Flameblow
Stop LARPing and leave your house. You have no understanding of the corporate world, if you don't believe multinationals are always on the lookout for ways to invest r&d money, and that crypto is currently the hottest shit around, you should stop posting here and just read.

takes2long
takes2long

@iluvmen
I count my portfolio in yenten

After all satoshis abandoned btc and moved on.

Poker_Star
Poker_Star

@eGremlin
The people who hate BTC hate it because the fees are insane and it takes forever. Smart people hate if because of what it really is, has nothing to do with price. Besides, I bought at 60-100 and sold at 9000, so I am not salty, I just see that it doesn't work anymore. It's failure to be a currency is my main concern. It's a valid and very serious concern.

Emberburn
Emberburn

@Illusionz
that's crap. kodak didn't just announce it's setting up mining rigs for any sort of bullshit "digital readiness," it's all for publicity. the easiest way for brands to get in the news today is to just say the word block chain

it's much the same way large corporations instantly pumped their stock prices during the dotcom bubble. they would announce they had big internet plans (whether they did or not, or needed them or not) and bam, instant stock rise plus free publicity for being so cutting edge

TechHater
TechHater

@Boy_vs_Girl
You've never worked for a corporate have you?

It hakes a million pointless meetings just to decide to close a door. They have no presence in crypto and you are underage. Get out.

Ignoramus
Ignoramus

Why is everyone so desperate to kill Bitcoin? What do they gain?

Techpill
Techpill

@TechHater
Yes, I've managed a business. I also know more about crypto than you, since you think it is possible to mine LN. Educate yourself you little Indian.

SniperWish
SniperWish

@Emberburn
crypto is overwhealming associated with darknet, drugs, ransomeware, day trading prajeets and millenials launching vegan coin, dodgy eat Europeans the kgb, the cia and shitholes like this. Corporate bisiness owns actual money making mechanisms and crypto is well off their radar because it is unregulated open source bullshit.

Now don't tell anyone until we have all cashed out.

CouchChiller
CouchChiller

@Illusionz
Tbh, crashing this entire market would be peanuts to them, especially if it kept people out of it. Not saying that's what they're doing but the idea that this would be expensive and not worth it for them is laughable.

VisualMaster
VisualMaster

@Poker_Star
The people who hate BTC hate it because the fees are insane and it takes forever
So adhd poorfags, got it.

I just see that it doesn't work anymore
And yet it is still the most secure and powerful network in the world... Working fucking perfectly.

CodeBuns
CodeBuns

@whereismyname
"a"

whereismyname
whereismyname

@Ignoramus
they do it because they think that position will be replaced by their bags and they become rich

girlDog
girlDog

@Techpill
@Techpill
Yes, I've managed a business. I also know more about crypto than you, since you think it is possible to mine LN.

You've never been senior in a corporat or worked in one and have zero understanding of corporate business. I don't give a shit if you have worked in your faggot boomer fathers coffee shop as a 'manager' and you can't even reply to the right person. I literally can't tell the difference between millennials and prajeets

likme
likme

@Ignoramus
I hold it so I definitely don't want to see it die. I'm just a lot less emotionally attached to it than some of the mongoloids around here that can't see it's many flaws. I just hope they're diversified

WE BICKER BECAUSE WE CARE, DAMMIT

Poker_Star
Poker_Star

@VisualMaster
It's not working if you can't send it. It's not secure if you have RBF. It's dying. Dead. Shave your ironic mustache and grow up, you corporate hipster shill.

MPmaster
MPmaster

@Ignoramus
All the money from BTC will flood the alts pumping them even more and consideing BTC has the highest marketcap...that's a fuckton of money. Also a BTC crash will tank alts so a second chance to get in low. Its why I'm holing 50% in BTC now, go up or down you literally can't lose with BTC, in the long run.

takes2long
takes2long

BTC advocates.

Tell me know what I can but physically with bitcoin (no alts, digital rights etc, physical goods) openly without using the darknet?

Example's please. Best I could find was some overpriced silver and gold and some place selling drones that appeared to have gone broke. Interested in knowing how successful the currency really is?

hairygrape
hairygrape

@VisualMaster
currency of the future
must be rich to use it

GoogleCat
GoogleCat

@Poker_Star
It's not working if you can't send it
You can send it though? But hey, at least fucking kitties and pokemon ripoffs dont shutdown the entire network.

Stark_Naked
Stark_Naked

@VisualMaster
Hahaha fanboy 100% confirmed. Being so emotionally attached to an investment is a BAD thing, my dude. You have developed blind spots

I wonder if anyone on the titanic was so enamored with the ship that they refused to get on a life boat

Crazy_Nice
Crazy_Nice

@SomethingNew
Makes sense. Remember the agent from the Matrix movies and he stuck his hand in Neo to absorb him. That's what the shadow government is waiting to do. They're always a step ahead. They finally kicked the last door open when they bought America with invisible money.

hairygrape
hairygrape

@takes2long
Japan has over 300k physical stores accepting bitcoin as of late 2017
One of those swagfag clothing brands accepts bitcoin
Plenty of other places

Google it dude

Emberfire
Emberfire

@GoogleCat
You can't send anything less than the fee.

Booteefool
Booteefool

@MPmaster
It will flood to ETH this time. Which currency has a better chance of making a x10?

Techpill
Techpill

@Booteefool
Well, ETH has twice the chance, in theory.

CodeBuns
CodeBuns

@Emberfire
Whats more important to you? Buying a coffee and slice of cake, or sending tens of thousands, hundreds of thousands, millions worth in fiat across the world in an hour for pocket change without having to deal with banks for government bullshit?

Need_TLC
Need_TLC

this will be enough to make it in 1 years tops, if you don't get that you have no clue of how the market works. ofc you'll get rich with wtc, omg, ark and whatever as well, but not like bank transfer amounts rich, buying your own house with .25 btc rich. you get the point...do you, user?

lostmypassword
lostmypassword

@Need_TLC
ah crypto is making me stupid, always forgetting the fkn picture

Snarelure
Snarelure

@Stark_Naked
No fanboy, bitcoin isnt even my largest holding
Im just not a salty faggot whose hatred for btc grows every time alts take a dive

Emberburn
Emberburn

@Emberfire
so... it's less useful than venmo and yet it's the future of money? sign me up!

ZeroReborn
ZeroReborn

@CodeBuns
Sending small amounts across the world for zero fees. This is why BCH will win. Because it does small tx and the large ones you describe, both for zero fee.

Poker_Star
Poker_Star

@FastChef
What are the fundementals of gold? Diamonds?
Everlasting beauty. I know it's a hard concept to understand if one is autistic but it has inherent value and is something digital assets will never have. No crypto have inherent value and thus cannot be a proper store of value. Bitcoins value comes from it's usability which Bitcoin Core currently doesn't have much of. Maybe Lightning network will change that but maybe it won't

Methshot
Methshot

@CodeBuns
False dilemma fallacy

Why not both?? You know... like lots of other coins can currently accomplish right now?

cum2soon
cum2soon

@whereismyname
The second coming of Satoshi brings bitcoin to 1million worthless fiat dollars (1btc=1btc) and he becomes the US president, ushering in a global age of one currency and one nation

Harmless_Venom
Harmless_Venom

@ZeroReborn
Doge is better than BCH and its more established, trusted, not controlled entirely by the chink mining cartel whose only desire is quick gains
You shills are pathetic

TalkBomber
TalkBomber

@cum2soon
When Hal wakes?

MPmaster
MPmaster

@Harmless_Venom
I just really don't know what to say to somebody like yourself with such a low IQ. You are literally retarded if you think Doge is better than BCH, even if you think BTC is better than BCH you are a tard.

I don't need to say anything, your shitty coin will be obsolete in a few months, and your Dad will get mad at you for banking on shit coins instead of getting a real job and trimming your hair.

You sound like a nigger to be honest, shame on you.

iluvmen
iluvmen

I'm still waiting for the Corecucks to explain which special magical property turns BTC into "digital gold".

TurtleCat
TurtleCat

@cum2soon
I want to party with you. no homo

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