RE: Has Bitcoin become a shitcoin?

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Has Bitcoin become a shitcoin?

in bitcoin •  8 years ago 

You might be right. What a carnage. It's bound to happen at some point. But how close are we to that point? There are a lot of people with very strong interests in that scenario not happening, and I think the BTC community is showing some willingness to act on the problems soon instead of fighting over which way to go. It will be interesting to see what happens, that's for sure, but I'll keep on hodl'ing for a while still.

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It's impossible to predict when the bubble will pop. Perhaps later today or in a couple months. Depends on when the next Mt Gox happens, or when a resent ICO flops. The hackers out there are very incentivised right now. There have never been so many insecure wallets with +1 million dollars worth in them. Hold your own private keys! I thought the BTC community was coming together after consensus but that even seems to have fallen apart. I think BTC could fork into two coins and that would cause it to loose credibility. The developers should be working on making BTC great, not fighting to keep it alive.

You're absolutely right!