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12972195 No.12972195 [Reply] [Original]

Bitcoins problems have been memory holed. Back in 2010 to 2016ish bitcoin actually saw mainstream adoption. there where all kinds of services popping up. I can't remember their names anymore but i remember i used one service back in 2013 to buy a PS3 on amazon with btc. any way. mainstream adoption already came and went. the network hit a snag. well.. actually it got hijacked by literal jewish people. but either way. blocksize didn't get increased. transactions started backing up. jews that hijacked it took over all the forums and subreddits around that time and started pushing the narrative that slow tx times are good for btc. then the digital gold meme was spawned. wasn't long after that the services i mentioned previously started shuttering. adoption went into reverse as the mempool got clogged with tx's. Then blockstream anounced a "solution". the LN network. It was supposed to save the day. That was 3 years ago. Routing still isn't solved. LN doesn't work and adoption is still on the decline. Btc exists now only because theres still many poor people out there that want to hit it rich. it's become the new lottery. btc is being pumped up and down now by raw speculation/gambling mostly on news. it's like clockwork. news of price increase people start to fomo. of course it doesn't last because the fundamentals are gone. it's not being used as money anymore. so the price collapses. this continues on. rinse and repeat. over and over again.

bitcoin may never completely die but it will never live again. not even with bigger blocks. bch already tried it and no one gave a shit. the hype is gone. pow has been exposed as centralized and unscalable technology.

>> No.12972211

>>12972195
go suck vitaliks cock u fucking faggot

>> No.12972362

don't let the kikes slide it.

>> No.12972639

>>12972195

Also the news tries to justify the price action, not the other way around.

>> No.12972660
File: 222 KB, 720x902, Screenshot_20190309-193724_Slack.jpg [View same] [iqdb] [saucenao] [google]
12972660

Bitcoin is back baby

>> No.12972670
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12972670

>>12972211

He's fucked too. POS won't work either because he was 14 when he wrote his token velocity thesis and none of the enablers around him dared to fact check him because they were greedy as fuck. POS has axiomatic flaws that aren't realized because the original equation was flawed. That's you shouldn't take what a 14 year old says at face value...

>> No.12972680
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12972680

>>12972670

Here's the rest of it if anyone here actually gives a shit, but I doubt it.

>> No.12972699

>>12972670
I'm not shilling pos either. just pointing out the FACTS of pow.

>> No.12972704

>>12972195
>>12972362
>>12972639
>>12972660
>>12972680
Fuck you guys and fuck 4chan, not taking my BTC. Go ahead, sell, on some retarded conspiracy theory. BTC is going no where, and will continue to appreciate in price, regardless of what faggots like you say

>> No.12972710

bitcoin is here to stay. if you're easily fooled into the kikes divide and conquer strategies to dismiss bitcoin, you've already lost.

ethereum is definitely the number 2, likely for many years, but bitcoin's simplicity is it's value proposition. ethereum is tech, but bitcoin is money, something no other crypto can ever be.

>> No.12972743

>>12972704
>btc is going nowhere
you got that much right.

>> No.12972748

>>12972195
Nigger how the fuck you manage to start every single sentence with a lowercase letter? SMFH

>> No.12972756

>>12972670
He was 23, not 14 if that was posted in 2017

>> No.12972779

>>12972699
Check out Nano OP. It's insanely fast and free!

>> No.12972790
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12972790

everyone hating on OP: look at this chart. all eyes have been on btc while they had to pay 5 - 35$ transactions fees.

this could have been prevented. it's a fucking joke. fuck THEM and fuck the btc hodl community

>> No.12972817

>>12972195
>0.053% adoption
>mainstream
kek you kike

>> No.12972845

>>12972817
what did you think? everyone and their grandparents would adopt it overnight? it was used as money from 2010 - 2016 by people who where tech savvy enough to know about it. your mainstream/mass adoption came AFTER the 2017 tulip bubble. by then the mempool was already a ticking timebomb.

>> No.12972852
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12972852

>>12972845
So what do?

>> No.12972864

>>12972852
keep riding the pumps if you want. just know that it's fundamentals are non existent.

>> No.12972883

>>12972790
Thanks for pointing out what a roaring success segwit was, I had no idea it was that good

>> No.12972884

>>12972817
>0.053% adoption
and it couldn't even handle that!! AHAHAHAHAH

>> No.12972885

>>12972864
I want death to the current financial order and a libertarian utopia damn it. You fuckers promised crypto would kill the fed.

>> No.12972909

>>12972756

Ok that's fair, my bad, but does it really matter? And I'm really not trying to take anything away from Vitalik, he really is brilliant. He just wasn't mathematically mature enough to realize his mistakes. And that's not a problem because mathematicians do it all the time. What worries me though is that he was surrounded by "brilliant people" all the time and no one thought to fact check him? Really? So he has always been the smartest guy in the room when it come's to crypto which is good and bad. And in this case its pretty bad. But hey make your own decisions, don't listen to me.

>> No.12972920

>>12972699

Nah I hear ya, and I didn't mean it like that. Just wanted to throw out that little nugget.

>> No.12972964
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12972964

>>12972710

AOL is here to stay and a shit ton of money was invested into that obsolete software. What's your point? Or were you not born in the 90's. Seriously kids today just getting into crypto are fucked. They have no concept of how quickly tech changes.

> cassette tapes
> tomagachi
> gameboy color
> N64
> pokemon yellow was a big fucking deal
> PS1...

Just old enough not to deal with gen y and their shitty ass sega's and just young enough to realize SNAP is a piece of shit overvalued stock because zoomers are off the Ritalin now.

> t. early 90's millennial
> feels good man

>> No.12972998

>>12972964
>1999
are 19 year old boomers a thing?
>>12972909
idk man, maybe anybody smart enough to check him was intimidated by his creepy glare

>> No.12973137

>>12972998

Technically yes but I don't think they count. Years are becoming a bad metric especially in the tech age. I'd say that flip phone's are the demarcating line. But I personally had a nokia as my first phone where you could interchange the front case and play snake. Was rad desu.

And Vitalik isn't creepy, just has assburgers. Not his fault.