Post
Topic
Board Bitcoin Discussion
Re: Bitcoin may not be number one for long
by
richardsNY
on 15/06/2017, 23:32:04 UTC
Surely Bitcoin's 1st place will be replaced because of a lot of disavantages so that people will decice not to use Bitcoin for teir daily life

Disadvantages? I assume it's the usual fee and confirmation thingy? You have to understand that every altcoin that eventually gets to cope with the high level of Bitcoin's current usage, will suffer from the same difficulties. People don't seem to look at things from that perspective -- they just see that altcoins are confirming transactions faster, and generally with lower fees, but they forget to look at the fact that barely any one is using these networks. Just look at what the little bit of usage is doing with Ethereum's fees, they have increased significantly, and people still consider them cheap? What a bunch of wackos....