Post
Topic
Board Bitcoin Discussion
Re: I have NEVER seen Bitcoin in such a sorry state as this!!
by
Kakmakr
on 23/12/2017, 07:22:37 UTC
Several transactions of mine have gone with 0 confirmations in the past several days.  And some of those I was paying 1.5X or 2X the recommended fees.  Nothing.  Nada.  Zilch.

Bitcoin has gone from being an expensive network to use to a practically unusable network.  I was defending Bitcoin against millions of tards back in 2011 and 2012.  Are they going to have the last laugh on me now?  It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work".  Umm... NO IT IS NOT .

I have ZERO confidence left in Core and their "developers".  Their network can't handle the slightest bit of volume without totally seizing up.  And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system??  Really??  You can't do your job properly so you want people to run a tab in BTC??  You saw this coming from 10 miles away and did nothing about it.  Stupid or malicious?... you decide.

I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations".  And not throw out "but but centralization!!" juvenile red herrings!

Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"



What is it saying when a Jr member of this forum is saying that he or she is into Bitcoin for 6 years and you are using a Alt account to QUIT?

In the 6 years that you were around, did you not use this forum?

If you have been in Bitcoin for 6 years, you would have understood what manipulation is going on here and how this "high fee" situation is being fabricated by merchants & miners and people spamming the network.

SegWit was developed as the temporary solution and now nobody is using it and complaining about high fees, whilst using the old legacy adresses.

If you cannot see what is going on now, then you should support Roger Ver and his cheerleaders with BCash.

It cannot even scale to VISA levels.