Post
Topic
Board Altcoin Discussion
Re: The king is already dead.
by
noictib
on 16/06/2017, 04:05:36 UTC
Well well,

I announced it before, but now its official: The king Bitcoin is death.

Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day.

Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners.

Ethereum gonna be the new king for some months, but he is like bitcoin.
With increasing fees gonna be dead soon too.

When i said dead it means no longer number 1.

And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions.

Maybe this king  is already there: IOTA .
With something innovative than the very slow and high fees blockchains system.

It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King.

I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model.


You are true , but still you can't say it is dead now , it is because the value of the Bitcoin is still in my opinion .
Let think and go in the past and see what was the Bitcoin price , if you will see then you got shocked that it's price was 3$ and fall to down 1$ . Now came back in the present and see what is the price and what is the fee according to that time because in the starting to make transaction and confirm the transaction easily we need to pay fee of 0.01btc , but currently this amount of fee is very small to 0.001btc or even less .
So how can you say that the Bitcoin is dead , but still a limit at the peak will came where people will move toward another coins also like eth or dash because they have future and cheaters like the Bitcoin technology and never get down like Bitcoin as the rate for those altcoin ( which is mentioned by you in the thread ) is increasing , so instead to say dead ,.we should make profit of down price and buy more Bitcoin and then sell when it gets high .