Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Are you saying there is no solution to the scaling problems? I didn't quite catch that
You ever converse with a brick wall? Yeah, that's about what it's gonna be like.
It feels like the cryptomarket is just waiting for a solid scaling solution to happen for the price to skyrocket...
You're exactly right. Speculative markets are forward looking, and as they see zero progress towards increasing Bitcoin's capacity... the capacity for price growth is similarly capped.
But it's only Bitcoin that's slipped this particular noose around its own neck... to the dramatic speculative benefit of competing networks in the "cryptomarket".
https://twitter.com/ErikVoorhees/status/770373513685241856