If only core developers were capable/motivated/competent to find a solution to increase block size so that people can continue using bitcoin without paying ridiculous fees and insane confirmation time. Anyways, if there is a split then BTC will not survive as BU needs 70% miner support and if there is 70% support, even less than 50% of those miners can do a 51% attack on BTC, so BTC will need to change their POW as they are planning now, at that point BTC will no longer be BTC but just another altcoin, and a technically inferior coin to many other altcoins.
So why wait for everything to fall apart when the only option is to choose an altcoin and start using it.
We can use altcoins, no problem but bitcoin gained trust. Can you use altcoin for many service? No because mostly if anyone accepts crypto coins, first is bitcoin and sometimes there are altcoins. There are big bitcoin mining datacenteres like bitfury, bitmain and etc, this means there is huge amount of money invested in it. Yes, Nowdays we have some issues but it needs some time to be fixed. If altcoin is accepted for what you want, you can use it without any problem.
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I kept on wondering what is happening to our dear bitcoin it had been falling in the past weeks all my bitcoins in my wallet had been dropping what could be use to stop the drop?or is this the end of bitcoin? let market forces let go back up.
You need to be patient and do not pay bad conversations to other users. And then many of these panic moods rush to say goodbye to their bitcoins and thus lose even more.
If bitcoin is dead why’d you bother to register on bitcoin site, dumb newb?
LOL
RIP Btc? Haha this guys make me laugh.. thousands of ppl holding BTC. Do you think they can kill BTC? Thats not true… BTC is solid and secure. Bug coin aint not.
If only core developers were capable/motivated/competent to find a solution to increase block size so that people can continue using bitcoin without paying ridiculous fees and insane confirmation time. Anyways, if there is a split then BTC will not survive as BU needs 70% miner support and if there is 70% support, even less than 50% of those miners can do a 51% attack on BTC, so BTC will need to change their POW as they are planning now, at that point BTC will no longer be BTC but just another altcoin, and a technically inferior coin to many other altcoins.
So why wait for everything to fall apart when the only option is to choose an altcoin and start using it.
We can use altcoins, no problem but bitcoin gained trust. Can you use altcoin for many service? No because mostly if anyone accepts crypto coins, first is bitcoin and sometimes there are altcoins. There are big bitcoin mining datacenteres like bitfury, bitmain and etc, this means there is huge amount of money invested in it. Yes, Nowdays we have some issues but it needs some time to be fixed. If altcoin is accepted for what you want, you can use it without any problem.
Using an altcoin will only make the bitcoin situation worse. When people say that they switch to an alt when bitcoin is in trouble, they don’t think about how they’re just adding to the big price swings and possibly making bitcoin’s situation worse in the long term (people think bitcoin is too volatile –> less people buy bitcoin/new users sell –> bitcoin becomes more volatile).
End of bitcoin? I don’t think so, this is much exaggerated. The price has dropped a bit, yes, and so what? It’s not the first or the last time but that doesn’t mean this is the end of bitcoin. The value is still above 900$ and in the past the price was much lower but still has recovered. So, don’t panic and make such dramatic annoucements, there is no reason for that.
Well, it is always a big deal for some guys that are losing profit because of the price dump. As a user it is also my concern, but the thing is, we stepped in a world where this is the possibility. We all know how bitcoin’s price behaves, still we took this because we are positive that it will bring something to us. As a user, I think we must still be positive about this, we are just exaggerating too much.
No. There will be one BTC, the only true BTC, supported by a majority, and a new altcoin supported by a minority of BTC users. A hard fork, if it happens, would sure hurt BTC, but I don’t see why it would kill it.
No. There will be one BTC, the only true BTC, supported by a majority, and a new altcoin supported by a minority of BTC users. A hard fork, if it happens, would sure hurt BTC, but I don’t see why it would kill it.
Yes, I totally agree. And the root reason of these hard fork is also to make bitcoin survive and develop, they are finding solutions to the problem of bitcoin that they are observing. They will not kill bitcoin, well we can say that they are updating the digital currency, the bitcoin that we know. And with these circumstances, we can see how people love bitcoin, this is the time where you can actually think who support bitcoin.
End of bitcoin? I don’t think so, this is much exaggerated. The price has dropped a bit, yes, and so what? It’s not the first or the last time but that doesn’t mean this is the end of bitcoin. The value is still above 900$ and in the past the price was much lower but still has recovered. So, don’t panic and make such dramatic annoucements, there is no reason for that.
Well, it is always a big deal for some guys that are losing profit because of the price dump. As a user it is also my concern, but the thing is, we stepped in a world where this is the possibility. We all know how bitcoin’s price behaves, still we took this because we are positive that it will bring something to us. As a user, I think we must still be positive about this, we are just exaggerating too much.
No need to get panic and there is nothing to worry about the price dip as it is the common behavior of bitcoins and its not at all new for us as we have experienced the same thing even in the past and we are very much sure that bitcoin has the ability to recover its price so sooner or latter it will regain its position.
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