You are viewing a single comment's thread from:
RE: Bitcoin to 10k USD Before End of The Year?
When you see that bitcoin is booming and understand that the supply is limited you will realize........
THE ONLY WAY IS UP!!
When you see that bitcoin is booming and understand that the supply is limited you will realize........
THE ONLY WAY IS UP!!
I agree it should go up, but think it would do better without all this forking.
Agree, it would be better if it would not split so much into many coins, and keep itself the value of these other Bitcoins. Still, the hard forks promoted it for a while so they have their ups and downs.
I see that it's booming. But unfortunately it's booming because of it's booming.
Not at all, BTC has been undervalued for years because the media tried to avoid the subject, published negative things about it or called the real potential 'blockchain' (what is bullshit). After breaking the ATH of 2014 the way to the real value started, so in my opinion we are just in the beginning of a bull run. The news except from the scaling FUD is as good as only positieve, bitcoin is really getting to main adoption. Regulation, property sales, wallstreet interest, adoption by even nation states (didn't dare to dream about that a few years ago). ect
Or, there could be people investing other promising coins so it may not be bitcoin forever as it does not tend to be improved by hard forks (as the case of ether) but divided into other altcoins. Yet I still agree with you that it will just go up
When do you realise that there's is no technological superiority of BTC compared to modern coins?
Many coins serve different purposes. Also, support and faith in the crypto market are important. With so much of the population having 0 knowledge of any crypto, the market is more dependent upon gaining notoriety than it is proving which is top coin. I say let's all ride the bitcoin train and when crypto gains enough marketshare the best tech will surface.
First mover advantage, network effect and infrastructure are way more important. Superior features can be build in in the form of 2nd layers