Quote from: devphp on September 02, 2014, 01:00:56 PM

But it's not the tipping point after which it grows exponentially, no. It's the tipping point where people start fleeing it en masse to other technologies and undervalued cryptos. After all, why would you buy Bitcoin if you can buy something cheaper, which does the same, or even better - if you can buy something cheaper which does the same and then a few other things. Bitcoin was the bootstrapping crypto, now is the time for other technologies to take its place. It won't happen overnight, but the process has begun.

Quote from: amytheplanarshift on September 02, 2014, 01:10:36 PM

Agreed. I also think the tipping point has been reached or at least will be reached in the very near future. A lot of people will most certainly call me crazy, but Bitcoin is dead to me.

Quote from: rockethead on September 02, 2014, 01:39:09 PM

I said that quite a while ago when Bitcoin was near high in November last year and I was ridiculed and laughed at by some of these people in a meetup. Perhaps their minds are too simple.

Bitcoin will see its last days. Maybe not tomorrow, but definitely before the end of the decade. The irony is, everyone is talking about bitcoin! We have banks, we have businesses, we have giant companies wanting to jump in the bandwagon and we have miners putting in 10s of millions of serious money into mining these coins. And no one can see the obvious storm that is looming ahead. Are they blind?

It is dead in germany, too. The ATM in Bochum just failed, will go onto the junkpile soon (partially due to their own fault implementing too much surveilance technology into the ATM, which features a fingerprint sensor. This is totally uncommon for each and every other terminal out there. None have that.)