I agree about the high transaction fees of BTC , but if we want to transact frequently then we can convert our classic BTC into BCH and take advantage of it's low TX fees and store BTC in a cold storage.
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I always thought that the Bitcoin is starting to fall soon because of the rise of Ethereum, Daesh and Litecoin due to their better attributes...
But the name could save the Bitcoin so far and I do not dare to think about the next hard fork announcement may come...
The name will only help for a couple years. If bitcoin doesn’t change these issues it’s gonna fail
But it is so easy to announce a hard fork as the BCH and fall afterwards....
I don't think Bitcoin will rise any further. It's time for the bubble to burst .
Whatsay everyone?
you were right...
Ok, Jamie Demon.
BTC and BCH, both are eating away at central banking’s control, right? Coo. Just checkin.
Yeah until Wall Street fixes the price of BitCoin through the futures exchange. ;3
Well then cheers to you’re right and cheers to you’re wrong and whatever else continues to increase the balance of my Blockfolio... cheers to that too! 🥂
Tourette's Monday?
Sorry, I’m only familiar with One-Up Wedesnday, Taco Tuesday and Sunday Funday.
Hahaha! "Blockfolio!" pHuCkIn LOVE that! I'm stealing it........................ ;)
No need, I heard if you click that green’ish arrow thingy under my name, it’s automatcially yours.
Bitcoin may have a correction. As long as the fundamentals of blockchain are still intact it will definitely rise past its current price.
I think so too. There's inherent value in Blockchain. Being able to do trustless transactions over a network is real life techno magic!
yeah, that seems to be it. As long as no one knocks it down, it'll keep standing up.
This is what my husband thinks too. I thought hey lets buy some before we cant afford one but he doesnt agree. Ah well st least there's #Steemit !!
something is better then nothing
yuup
Most analyses state 60K before the crash, at that time the central bankers will be attempting to control and create there own sustainable crypto.
I don't think it's just the name. If the idea is to use it as a currency and not as a commodity, then the amount of people using it is really important... and common people is far from knowing what's ethereum. But yeah, the transaccion time and fees need to be upgraded.
Everyone who understands the BTC is already keeping a "small"a amount just to be sure but explores Ethereum, Daesh, IOTA and BCH...
But I am still sceptical about the Genesis Monero mining...(This is my 3 percent Bonus code: Qg8hmv
does someone else also have one?)
Then the BTC will fall...but hopefully there is a hard fork before...
The problem is bitcoin core wants the fees. They think bitcoin will just be a Store year of value anyway
Which it won’t. If this lets up
Maybe you guys can enlighten me, I really don't understand how to value any of these coins. The more that I try to research and watch to learn it seems that every single coin is going to go up. I guess this is possible due to the hype but I would really like to be able to understand before investing my money into it.
BTC is going up because it is hitting the mainstream but at the moment it is facing some correction.
This failure of rising fast enough makes everybody who understands cryptos to move to other cryptcurrencies like Daesh, BCH or others try to loose less money while BTC goes down and maybe going back when the proce rises again.
BTC has some problems like the high fees which makes it not attractive to be a used as a real currency. But many exchanges uses it as dollar is used in the world. So BTC is the old crypto which everyone needs sometimes to trade but many intelligent people are not trusting the hype of BTC and if you are smart you go directly in the right alternative cryptocurrency like Litecoin, Ethereum, Daesh, ...
But it is difficult to say which one will perform best in the future.
At the moment a lot of new money is coming into the market. That's why all prices are rising...
That 'name' is saving Bitcoin right now. It's the only thing that keeps it standing.
As bitcoin believers say: 'it's all about trust'
So what's going to happen with their 'trust' when BTC starts to fall?
trust in cryptos is very a difficult term because it is so easy to abandon a currency, but Bitcoin is stabilized through people still coming thinking this is the only crypto...
Would you buy BTC if it drops to below $10,000?
Just BCH?
Any one of those three has low fees, better devs and less drama than BCH.
Not all exchanges support every crypto but those who support BTC has high probability of supporting BCH.
Mine only allows to sell the BTC created by the fork. But it does fully support Ether, Litecoin and Dash. The much for high probability.
Monero good only for black market, high transactions fees...
I always thought that the Bitcoin is starting to fall soon because of the rise of Ethereum, Daesh and Litecoin due to their better attributes...
But the name could save the Bitcoin so far and I do not dare to think about the next hard fork announcement may come...
How do you think will the future of Monero be?
I am still sceptical about the Genesis Monero mining...(This is my 3 percent Bonus code: Qg8hmv
does someone else also have one?
All three of them are way better than BCH
Disagree. They are simply more popular. As such, the more shady people that support them don't stick out as bad.
But they are still all much more useful as currency than BTC Segwit of course.
i agree
Litecoin is the next big thing. It is much quicker.
Its slowly going up. This is pretty much what bitcoin did!
I agree
Btc value came from it being a game changer. If these fees and slow transaction times don’t change it won’t be a reliable store of value anymore.
Well you can fund debit card, virtual or physical...that will be accepted everywhere...
use micro wallet like faucethub if you want to tip small amounts online, like pay for tasks...
You can, but each time you do that will still cost you transaction fees.
i like thank you for information
I think the next step in decentralization is actually decentralizing an approach to using crypto platforms in general. I think you have the right idea. Digital currency is very liquid so it's relatively easy to move funds from one type of crypto to another. That's where the next gold rush is/is going to be especially if you could make this an automated thing built into the technology itself. You could have a walllet that automatically detects which coin has the highest profit-margins and re-invests its position in those coins that will be more profitable given market-data for that day! You could coordinate the whole thing with TensorFlow or the like!
For me it's all about the prospect of automatic wealth-creation. We could have interest free credit and universal basic income as a result of this emergent technolgy. Here's hoping anyway! < 3
„that automatically detects“ — they tried that with shares. Failed epically when all algorithms did the same and overreacted.
I prefer converting from BTC to LTC since LTC is fast and fewer transaction fees.
Hi, I guess converting your BTC to DOGE will be much easier. Transfer is much much faster at a very low transfer fee.