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
There is no tide turning, really. Just people coming to terms with reality and seeing there are issues present which are posing issues to the success of Bitcoin in the long run. If these same issues did not exist you would see everyone as excited and "normal" as ever, despite whatever issues might still be within the community or blockchain. A bubble is bad because it means you now really have to worry about your investments being involved in a flash-crash should it pop, transaction fees being high hurt everyone, and losing money due to hacking scams is an increasing issue which might become detrimental if said hackers seek to get more involved with the Bitcoin community.