Thread: Why the Bitcoin will fail and how to know its vaporware

Originally Posted by ;

Have you ever attempted to download the bitcoin customer from bitcoin.org? Do it please. You've got to actually download the comprehensive blockchain to your computer once you open the wallet. And we are aware that transactions take days to finish, even and are costly. Is this the future's coin? I say. I see banks adopting the technology for the introduction of a common database between banks all around the world. They'll maintain the servers to achieve same day or trades. I have done a bank move. It required less than...

You dont know engineering or money. How about engineering money? Im sure you dont get that.

Originally Posted by ;

I don't have any problems with banks. At peak rate, the ledger data isn't downloaded by you about the rate. I believe you are currently manipulating the data that a bit to make your point, not an unusual practice. Your bubble burst.

I understand that you don't have problems with the banks because you are promoting them. How aout Wells Fargo?

I operate or was running the nodes for about half a dozen of coins and that I know what time it takes to synchronize.

As I see you were unable to understand my text about light wallets and the amount of nodes.

Sorry I do not have any problems with banks. At peak speed, you do not download the ledger information about the internet speed. I believe you're currently manipulating the information that a little to make your point, not an uncommon practice. Enjoy your bubble burst.

Originally Posted by ;

Perhaps you have tried to get the bitcoin client from bitcoin.org? Can it please. Once the wallet opens you have to download the comprehensive blockchain to your PC. And we are aware that trades take days to finish, even and are expensive. Is this the future's coin? I say. I see banks adopting the technology for the introduction of a frequent database between banks all around the world. They will keep the servers to achieve same day or trades that are better. I have done a bank transfer this week. It required less than...

Ever heard about so called light wallet? Attempt to Google that There are plenty of these: Electrum Trezor. Just to name a few.
There are less than 10000 bitcoin nodes on the system. Millions of people use light wallets
Current size of blockchain is ~100GB. If it takes weeks to allow you to download, I would advise you to switch to other ISP.

Ah 24 hours for electronic transfer, what a great accomplishment
My bitcoin transfers take less than hour, and lightcoin or monero transfers are almost instant.

Can you expect an open ledger in the beloved banks?

I have to agree.

Perhaps you have attempted to get the bitcoin client? Do it. Once the wallet opens you've got to actually download the comprehensive blockchain. And we are aware that trades take weeks to complete, even weeks and are expensive. Is this this future's coin? I say. I visit banks adopting the blockchain tech for the creation of a common connection between banks all over the world. They'll keep the servers to achieve trades that are better or same day. I have done a bank move. It required less than 24H between banks. 2-3 days one year ago this could have taken. Consider that. Bitcoin is vaporware.