Post
Topic
Board Bitcoin Discussion
Re: Losing Faith in Bitcoin?
by
deisik
on 14/05/2017, 08:57:46 UTC
Sometimes you may have to make a step back to make a step ahead

Personally, I'd rather say that Bitcoin is neither evolving nor devolving, it is in fact stagnating. But since other currencies are moving ahead (at least, there is such an impression), it kinda looks like Bitcoin is devolving. Now to my point. Developers can actually do little toward acceptance of whatever they might be developing or improving. It is miners that have the final say. So if Bitcoin continues to stagnate, primarily due to miners' obstinacy and obsession with short-term profits, then Bitcoin may lose its appeal and, consequently, value as well as price, therefore, these obstinate and rogue miners will have to leave on their own (that's basically why there is no tomorrow for Bitcoin miners of today anyway). After that, Bitcoin may finally get a boost in its development no longer constrained by this generation of reactionary miners

i agree that bitcoin seems to be a little more stagnate then taking steps backwards at this point. im hoping things will start moving forward with bitcoin again soon. on that note... is there absolutely nothing we nonminers using the bitcoin network could do to help make the situation progress in a positive manner for miners bitcoin value and the entire bitcoin community? i think maybe seeing what could be done to appease everyone might end up speeding things along... also like almost everyone these days the miners seem to be thinking of short term solutions for long term problems... wish they would think outside the average thought box and start thinking about long term solution for short term problems or excessively long term solutions for long term problems.

To keep friendship with the whole world means to be indiscriminate in your connections

Let alone trying to appease everyone. That would be outright counterproductive and will get you even further from resolving the issue (whatever that might be). Regarding miners, more specifically, you can't solve a problem by relying on people creating it. There is no reason absolutely to think the current generation of miners are going to think "out of the box". Simply put, this is just not in their interests, so why should they if they are quite happy with what they have now? And the current attack is meant to do exactly that, i.e. to make the irreconcilable differences between the Core and the Limited even more irreconcilable. As simple as that