The resolution of the Bitcoin experiment

su root · Jan 17, 2016

Read this recently, I'm sure it's of interest to some here:
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.lkggpn7kf

Silver_Pharaoh · Jan 18, 2016

su root said:
Read this recently, I'm sure it's of interest to some here:
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.lkggpn7kf

Somehow I have always felt that it would fall to people.
I did not know about the system as a whole I will admit that, but I was not aware that it's all in China's hands or the whole 1Mb issue.

Funny, I was thinking of mining crypto again....
Sad to see BTC die like this but we all knew it [BTC] wouldn't last.

Pierre3400 · Jan 19, 2016

Silver_Pharaoh said:
Somehow I have always felt that it would fall to people.
I did not know about the system as a whole I will admit that, but I was not aware that it's all in China's hands or the whole 1Mb issue.

Funny, I was thinking of mining crypto again....
Sad to see BTC die like this but we all knew it [BTC] wouldn't last.

BTC is still alive an kicking, i did sell off most of mine, but i still some left, and it wont die, as recently as last week i read that they want to add BTC to the Aussie stock market.

Silver_Pharaoh · Jan 19, 2016

Pierre3400 said:
BTC is still alive an kicking, i did sell off most of mine, but i still some left, and it wont die, as recently as last week i read that they want to add BTC to the Aussie stock market.

For now yes, but I think it'll either die out of popularity, or be crippled to death from the network.

I do remember back then I had comfims take hours. Sounds like it even worse now so that's not helping.

xsuperbgx · Jan 20, 2016

Bitcoin is fine. There is some disagreement in the developer community and some scaling issues that are being addressed, but both issues are overblown by the media and trolls.

torin3 · Jan 20, 2016

xsuperbgx said:
Bitcoin is fine. There is some disagreement in the developer community and some scaling issues that are being addressed, but both issues are overblown by the media and trolls.

Yep, on my ISP there is a guy who keeps posting stuff about how Bitcoin is failing right now on a regular basis for over a year. He is also wrong on pretty much everything else too.

We've been floating at $430 or so for a while, dropped down to about $380 for a bit and now are back up to $400. It was below $200 a year ago. I'm not counting it out until the network for it dies.

Oklahoma Wolf · Jan 20, 2016

Yeah, I'll panic when someone without a vested interest in devaluing Bitcoin gives me good reason to. For now, I'm not losing any sleep.

The resolution of the Bitcoin experiment

su root

Senior Member, --, I teach people how to read your

Silver_Pharaoh

Likes the big ones n00b Member

Pierre3400

annnnnnd it's gone

Silver_Pharaoh

Likes the big ones n00b Member

xsuperbgx

Benching Team Leader

torin3

Member

Oklahoma Wolf

Senior Warranty Validity Sealed Stick Remover

Similar threads