Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
This is neither a wish nor a fact. It can't be a fact; it is an observation. Here's a prime example:
BitPay Wont Use Bitcoin Alternatives For Payment Systems Despite Scaling Issues
https://www.cryptocoinsnews.com/bitpay-wont-use-bitcoin-alternatives-payment-systems-despite-scaling-issues/
Nobody in their right mind is going to jump on board of these scam coins. 99.9% are utterly horrible. Only those led on by pure greed would jump on this bandwagon for real (e.g. early bagholders).
That said, UASF Segwit should move us forward towards more capacity and to secondary layer solution. THe price is bound to increase as soon as this get safely deployed. One day we may be looking back at this time, and call it the 'dark ages' of mining cartels.
BitPay Wont Use Bitcoin Alternatives For Payment Systems Despite Scaling Issues
https://www.cryptocoinsnews.com/bitpay-wont-use-bitcoin-alternatives-payment-systems-despite-scaling-issues/
Nobody in their right mind is going to jump on board of these scam coins. 99.9% are utterly horrible. Only those led on by pure greed would jump on this bandwagon for real (e.g. early bagholders).
That said, UASF Segwit should move us forward towards more capacity and to secondary layer solution. THe price is bound to increase as soon as this get safely deployed. One day we may be looking back at this time, and call it the 'dark ages' of mining cartels.
Actually it is an assumption (and I hope an exaggeration). What I observe is that non-BTC volume has been growing relatively, and this suggests more people bypassing BTC entirely in this game - whatever anyone's opinion of them may be, including Bitpay's.
As for UASF Segwit, I hope it goes swimmingly, but it frankly feels like something hatched by Che Guevara and that unnerves me.