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RE: Are BTC Miners Taking The Network Hostage. Will The Success of BTC Be Its Downfall
100% with you that the next google or amazon as far as cryptocurrency is concerned is either just getting started or hasn't even been launched yet!
I suspect Bitcoin will just about always have some sort of seat at the table, but like you said, the insane fees and confirmation times puts that in jeopardy...
Thanks for taking the time to read my post stnwllstrtgc. Its good to know im not the only one thinking this way. Bitcoin is a great foundation for others to expand upon. just like litecoin was adapted from BTC. Feathercoin (FTC)was born from the best parts of BTC and LTC and they developed Neoscript. These technologies will keep growing and advancing , morphing and adapting to strengthen weaknesses and improve upon themselves. If they dont ,someone else will. Groestlecoin(GRS) has a policy of updating software and technology every six months to stay competitive. I own FTC and GRS, I bought the about six months ago and watched them double and triple in value. I bought them because i read their websites and whitepapers and I knew that if they could follow through on their visions that they would be successful. There are a bunch of coins out there doing big things. I think we are lucky to see what the future is going to be before most people. Im glad im in on the ground floor and i will sit back and watch all my investments grow as everyone wakes up to whats going on and starts getting involved too.
I've been trying to find some coins that are well outside the top 50 or even top 100, then doing some research, reading the whitepaper checking out their roadmaps etc. and then taking small positions in those I think have potential for short-term growth and/or longterm growth.
I haven't heard of Feathercoin, but Litecoin is one of the cryptos I believe will have long term staying power and a coin that expands on LTC that is worth a look in my book!
I like how you think. I think along the same lines. I spend a lot of time on coinmarketcap looking at 100 to 300 trying to find the up and comers that i can get in at a great price before everyone else gets in and drives the price up. another thing i do is , when the market cap decreases, almost every coin goes red. find the few in the green and watch them. thats how i first found two of my favorite coins. I found them before the segwit2x fiasco when all altcoins were down they were green and they have over tripled since.