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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
kurious
on 25/03/2017, 11:44:02 UTC
But let's flip your stupid assertion on its head. Isn't it a problem that one angry chinese miner and one high powered enthusiast on the autism specter can bring Bitcoin to its knees? Why is that? Why is Bitcoin so weak?
A lot of bitcoin haters joined forces to make it look weak. Those are different groups with different agendas. They would hate to see segwit, LN and side chains implemented. Every fucking altcoin can be implemented as a bitcoin side chain without any risk to consumers! But that is the last thing banks would like to see. So they pump the alts they've chosen to distract average Joe from further converting his savings into bitcoins. The alt is not dangerous for banks. They can kill it anytime just by dumping it. 99% of altcoin investors are just desperado gamblers that don't really care about smart contracts or whatever.

Do you really think the BU crowd, the banks, Roger Ver and some Chinese dark forces all sat around a table together and conspired to bring Bitcoin down?

I know this is the internet age and anyone can believe anything - but the problem is simple. Bitcoin is at war with itself, unable to change to deliver a solution to a real problem and lacking leadership, and direction.

It has issues and no solution is apparent.  There is no conspiracy of dumpers, just people who worry and sell coins because of this uncertainty.  It is rational behaviour to sell when the price is not looking realistic.

That is all.  I am a Bitcoin fan.
Agreed, although I wouldn't say that we need leadership but rather a more clear mechanism of decision making.

I didn't mean centralised control, I just think the debate level is entrenched and hostile - all I see is is purile bickering.  What mechanism we can have for decisions is difficult to envisage.  Surely the default is the Core team - I have a feeling they could have done things better,or we wouldn't be here.  I don't think too many people disagree we have scaling issues, so starting from there, how did we get to this shitstorm?