Quote from: Peter R on January 12, 2018, 07:35:39 AM

Quote from: Holliday on January 12, 2018, 05:51:05 AM

Quote from: Peter R on January 12, 2018, 01:18:57 AM

Why is the price going down? Cry

Doesn't the entire world want BTC, the money of the future?

Money that you cannot spend, or transfer to a friend, or experiment with, or really do anything with except HODL and make memes about future lambos.

Lightning Network is coming any day now and then fees will be low and merchant adoption will sky rocket!

Except that LN doesn't even work in theory and even ignoring that it would still takes years to bootstrap an entirely new network because that's what LN is -- an independent network to bitcoin.

I've had no issues what-so-ever spending Bitcoin in the past several months. Granted, I'm not trying to buy single glasses of wine with block chain transactions either... because I'm not an idiot. I do buy coffee though! Let me explain the process, it's simple. Buy one Amazon gift card for $2000 and then buy enough coffee to last me five years (I don't actually buy it all at once, I like fresh coffee). Transaction fees for five year's worth of coffee... a few bucks. Wow, layers already exist which make spending Bitcoins as easy as spending fiat. Imagine that, I don't need censorship-proof transactions every time I buy coffee... What a revelation! (Also, you can use the gift card for stuff other than coffee and there are lots of other vendors for which you can buy gift cards in case coffee isn't your thing.)

It's a damn shame that you ~~can't~~ intentionally refuse to see that putting every transaction under the sun on a ledger that all full verifying nodes (those that do not want to trust another party) must obtain and keep forever is a terrible, horrible idea. Have you ever tried to run any software which uses a database interacting with the Bitcoin block chain? Probably not, since we only need like what... 3 full nodes worldwide?

Acting like the recent decrease in Bitcoin's price has anything to do with scaling is disingenuous at best. Why is BCH worth less? Why isn't anyone using BCH (I sync a node to convert to BTC during BCH peaks, I see the amount of transactions, it's laughable)? Could someone at least run a bot to make it look like it's being used! Finally... for the love of all things holy, BCH is supposed to go UP when Bitcoin goes down, not drop even faster... How will I ever convert the rest of this stuff if moves like every other garbage altcoin under the sun?

I'm probably wasting my time here... LN looks amazing, I don't know which articles you've been reading...

Did you keep your BCH, Holliday?

Are you SERIOUSLY asking why the price is going down? No. No way. You've been around far too many years to ask a real question like that.

So you are just trolling on here. But why? Why is a math guy, a scientist and coder on bitcointalk BITCOIN speculation main thread, trolling?

I mean if Core developers spent their time on r/btc I am sure you would have some choice words for them.

Shouldn't you be busy adding commits to bitcoinunlimited?