There has been an interesting change over the last few days.
A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:
- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams
The tide clearly seems to be turning
A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:
- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams
The tide clearly seems to be turning
What Bubble? We have been hearing this with every price spike and it always recovers to record high levels. I wish people
could get it through their thick skulls that Bitcoin is based on global Supply & Demand. Yes, there are massive speculation and
there are market manipulation... but when you look at the long-term, then the price gradually goes up. {Short-term
volatility should be ignored}
~ The miners fees is a non-issue, because miners will always follow the most profitable fork.
~ A centralized HACK {Tether} has nothing to do with Bitcoin. The Core developers of Bitcoin did not write the software
for these services.
