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matchcohnn

> Bitcoin allows me to be my own bank

Thanks suckers for giving me your warm wallet.....time to fake a hack and shut down this sucker.

> The rules of consensus define characteristics of money I believe are important

My $20 request to get on the blockchain STILL isn't done after 5 weeks!!!

> It allows me to save my money outside of the global financial system

Oh no my Xcoin crashed 50% today!!

> a system I believe is corrupt and manipulated

I lost so much money because of this stupid coin....if only someone can save me from the scammers.....

> It allows me to program my money, something never before possible

In javascript!! secure it is.

> It allows me to transact freely, with whomever I please

It costs me $500 to send $500......sob

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you funny.. hacks happen less then let's say you're mugged on the street or your bank account is emptied by carders/hackers.

The rest is just not true, the fees are high now because companies are slow to adopt seqwit and lighting network is in the works.

But hey the FED printed another few billions of dollars, fancy calling it quantitative easing, that devalues your money and makes assets expensive.

> hacks happen less then let's say you're mugged on the street or your bank account is emptied by carders/hackers.

Pretty disingenuous argument.

In absolute numbers, sure. But that is only because everybody walks down the street. Relatively few people use bitcoin so yes, in absolute numbers, perhaps it is true that more people get mugged on the street / bank accounts hacked. If Bitcoin somehow magically became the world's currency du joir, I promise you the number of stolen bitcoin wallets would far exceed the number of emptied bank accounts & muggers.

Oh, and if my bank account is emptied, I call my bank and say "hey bank, some fuckwit hacked my account" and if they are any good, I'll be back in business. No such luck with bitcoin. If my wallet gets emptied, I'm toast.

If I'm mugged, I'm not typically carrying my entire life savings.

If my credit card number is compromised, I report that to the bank and the money shows back up in my account in short order.

My money doesn't seem to have been significantly devalued by quantitative easing - inflation stayed at very low levels throughout the process.

> Thanks suckers for giving me your warm wallet.....time to fake a hack and shut down this sucker.

Anyone who appreciates the properties of bitcoin is using a cold wallet. The cold wallets available on the market today are quite robust and easy to use. I'd recommend trezor.

> My $20 request to get on the blockchain STILL isn't done after 5 weeks

Here's a recent transaction I made using Segwit just today. Confirmed within 30min: https://blockchain.info/tx/308da302ef589872809f61282154263a4...

> Oh no my Xcoin crashed 50% today

Bitcoiners are well aware we're still in the price discovery phase. Volatility is understandable.

> I lost so much money because of this stupid coin....if only someone can save me from the scammers....

I don't expect anyone to bail me out. Unlike everyone with a 401k and an index fund.

> In javascript!! secure it is.

You're talking about Ethereum now. Bitcoin isn't programmed in Javascript.

> It costs me $500 to send $500......sob

Again, my segwit transaction from earlier today shows how much FUD and misinformation you're spewing: https://blockchain.info/tx/308da302ef589872809f61282154263a4...

$12 fee? That's terrible.

I agree, but it's not the $500 some people are claiming it to be. Also it confirmed in a reasonable timeframe.

I have the following hopes for bitcoin: 1) People upgrade to segwit

2) The people spamming the network stop

3) Lightning Network will reduce some previously onchain transactions

4) Schnorr signatures will compress transactions even more

> 2) The people spamming the network stop

That sounds kind of like hoping that people sending spam via e-mail just stop one day.

Meh, on that transaction a $12 fee isn't too bad. ~$3,440 transmitted for ~$12 in fees, works out to 0.37% fee. That said, if you have some patience doing a similar transaction through ACH can often be free or significantly cheaper.

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