Quote from: Thekool1s on June 12, 2017, 07:36:07 AM

Quote from: malami on June 11, 2017, 09:51:05 PM

Quote from: clardalan on June 11, 2017, 09:46:02 PM

Hi guys,

I have my bitcoins since about a year. I fully support the concept of stateless currency, thats why I bought my first bitcoins.

now, I see other coins start growing a lot. My concern is about Bitcoins status as leader. I believe we can have a major crash and developers run away if Bitcoin is not the "gold standard" in crypto. First question I have: would you agree with this concern?

Second question: what needs to happen to make Bitcoin a secure #1? I dont think we even need to do payments in btc, but at least make it relevant.

Your concern is very much valid and in my opinion the only way to get a secure #1 is for a scaling solution to be accepted by the whole community like right now. Otherwise ethereum will overtake bitcoin very soon.

Ethereum has also yet to solve the scalability issue. The fees of ethereum are also hovering around 80 cent for each transaction. If the lightening network gets implemented in the coming years then there will be no stopping to bitcoin but it has yet to happen. The community needs to make up its mind for a single altcoin which can be used for day to day transactions or else we won't get any where.. Its just divide and conquer with so many altcoins out there

LOL, it used to be 80 cents about a couple of weeks ago now it is twice that amount around 1.4 dollar to $1.5 on average for each transaction. you can go to bitcoininfocharts website and see all the different altcoins and their transaction fees.