Post
Topic
Board Bitcoin Discussion
Re: My feelings after 11 years with crypto.
by
JayJuanGee
on 26/08/2022, 22:15:54 UTC
Im confused - does bitcoin use cryptography or not? Am I allowed to call it crypto?

Don't be confused.

Don't use vague and amorphous terms.

If you are talking about bitcoin, then use the word bitcoin.

If you are talking about something else, then use the appropriate word and/or the appropriate descriptors.

Crypto is a vague and amorphous term in which frequently readers are not going to know what the fuck you are talking about and perhaps even suspect that you do not know what the fuck you are talking about because you fail/refuse to specify in regards to what topic you are wanting to speak.

By the way, when we talk about bitcoin, are we talking about cryptography? or are we talking about something else?  I don't understand why you would want to continue to use a term (such as crypto to amorphously talk about a topic) that you believe is descriptive, when it is actually misleading in the context that you are using it, and then you want to suggest that there is some kind of profound reason for using that vague-ass dumb term.

Another thing that you may or may not have noticed is that a whole hell of a lot of shitcoins, including but not limited to the shitcoin of shitcoins, aka ethereum, put out dumb talking points in which they try to suggest that they are somehow similar to bitcoin but just of another variation and blah blah blah nonsense that seems to purposefully confuse people in terms of what is being discussed and distracts folks from sufficiently/adequately understanding what is bitcoin.  Are you one of those folks who want to purposefully confuse folks?  and maybe to pump some nonsense like ethereum as if it were some kind of similar product.. blah blah blah.. even governments and financial institutions seem to love the fuck out of ethereum and they usually will speak in vague-ass nonsense terms and even fail refuse (maybe they are afraid) to use the actual word bitcoin... and maybe they fail/refuse to use the term bitcoin because they have hardly any clue about what bitcoin actually is.. are you one of those folks?

Yeah stick with high liquidity is safest so bitcoin and eth. Got my eye on one new ICO though.

Fuck eth.

Of course, you are equating bitcoin and eth based on liquidity, and sure liquidity is part of the package for sure, and maybe even more important for short term analysis.... .. but whatever, do what you like.  That's your choice.

i sent a lot of btc once to someone and the network wanted extortionate fees - i just put standard fee - it took 30 days to confirm. that was back in around 2017 at xmas. by the time the chap got my transfer the coin was worth 30% less at least. bummer hey.

Yes.. there was a spam attack on the bitcoin network that lasted about two months.. maybe even a bit longer that was pretty much all of December 2017 and all of January 2018.. There's more going on in bitcoin rather than merely a period of time in which there were high fees, and there is also fluctuation in bitcoin fees, too.. but a lot disingenuine BIG blocker nutjobs (bitcoin naysayers, deluded twats and other shitcoin pumpers) like to bring up that period of Bitcoin high fees as if it was reflective of bitcoin - even though it is reflective of a period and a kind of battle that was going on in the space at that time... and a battle that largely did not stop completely (especially since the information is still used by the butt hurt twats.. because largely bitcoin won that battle, even though the butt hurt twats like to continue to bring it up as if it were a negative and representative bitcoin attribute).