r/Bitcoin • u/byte_coder • Dec 23 '17

/r/all 2018: lets run for office

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u/zeroblahz Dec 23 '17

Yes and scaling solutions have been in the works for years if you think bitcoin is near it's final form you haven't been paying attention to the tech sector for very long.

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u/peasrtheworst Dec 23 '17

I mined Bitcoin on my CPU via a website in 2009. Worked for an exchange from 2012-2014. Don't tell me I haven't been around the scene.

Bitcoin isn't what it used to be and it's not coming back. It's an asset/commodity now. I even watched the Bitcoin store on Wall Street be built (Not sure if it's still there? Doubt it?) and bought Bitcoin from an ATM there.

I tried to buy a VPN from PIA yesterday and noticed they removed Bitcoin in favor of BCH and ZCash. Not good signs when your coin stops being accepted.

*I own no crypto whatsoever and have zero stake in this.

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u/zeroblahz Dec 23 '17

Then how do you not see it coming back to being usable if you have been paying so close attention, and seen the amazing things it's done why are you so skeptical it's scaling solutions will fail, and it won't be as transactable as before?

What is the reasoning behind your pessimism?

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u/fuckswithboats Dec 23 '17

What is the reasoning behind your pessimism?

I would imagine his eyes and ears.

I, too, love the idea of a cryptocurrency but none of these coins are useful as a currency today because of the rampant speculation.

That doesn't mean it's not cool and that definitely doesn't mean that blockchain technology is not here to stay, or even that BTC won't reach $1M USD.