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RE: BTC Testing $16,000 - Bitcoin Crypto Market Losing "Dominance" Not a Bad Thing?

in #cryptocurrency7 years ago

If btc would solve scaling issues, the whole altcoin market would be dead, well except the coins with smart contracts

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There's been so many forks trying t solve the scaling issue. If b2x doesn't prove to gain any traction then I sense a temp retreat in btc price as they go back to the drawing board...

To be honest, if technological capability and scaling capability were the main driving forces in price, I think BTC would be worth far less than it is today. That being said, even if segwit2x fails, I think it'll have little impact on price. The brand equity is just to powerful at the moment.

2018 will be the year of the alt although don't expect the bitcoin developers to go to sleep!

Absolutely not ^_^. But before progress is made, some of this infighting needs to stop.

Bitcoin is like the Google of web era. There can be n number of companies with a niche. But the moment Google implements half of those features, it can make the company bankrupt. Same is the case with Bitcoin. Bitcoin is mooning inspite of all these issues. So you can imagine what would happen when Bitcoin solves its issues. I am suggesting all my friends to invest in Bitcoin at-least as an insurance against the failing FIATS.

Bitshares is the future!

Hello! can someone answer me on this importang question:

Today on Binance was added Nav at 11:45,
but on other exchanges it was already pumped on 20% before 11:45
This is happening every time almost on every exchange, does someone know is it cuz of some loophole on exchange whitch can gives u earlier info about new coin be added to exchange or this is just selling inside to some vip clients??

It’s likely insider trading

Binance employees buying in

There’s also an issue of btc not being decentralized enough with major wealth being held in a few wallets. One wallet being dumped could kill the price.

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