Post
Topic
Board Bitcoin Discussion
Re: Bitcoin IS basically DESTROYED
by
marleybobthedog
on 06/09/2016, 02:17:57 UTC
Bitcoin is basically destroyed now with 70% of the mining controlled by China, soon to be 98+%, and with Blockstream implementing their SegWit soft fork Trojan Horse so as Matonis admits can end up increasing the 21 million coins limit.

The entire ecosystem is headed for a clusterfuck.

I honestly believe this is the truth.  What is there to add ?

~CfA~


UPDATE: https://bitcointalk.org/index.php?topic=1465136.msg14789764#msg14789764

They 21 million bitcoin is not a good option because afte reaching 21 million limit its price will go very very high and new user will quit using it and by such bitcoin wotld would get destroyed.