Quote from: Potato Chips on September 04, 2017, 07:35:13 PM

Quote from: rockid on September 04, 2017, 05:21:41 PM

i would love it to have future, but there are some problems with this.. BTC has a great role of a pioneer of digital currencies. Will it survive a competition though?
1. it is very difficult to evolve. It has to go through hardforks which is a pain
2. it is based on an early version of blockchain which lacks features of new ones
3. BTC volatility is a problem for business use. Ever tried to indicate price in BTC? you'll wake up tomorrow and see that you are now collecting 1/2 of revenue per unit (in your stable fiat currency) while your costs are still where they used to be.
4. permanent growth that is built into a model cold actually be a problem. For now it looks like potential profit from growth is not compensated by higher risk. That presents an arbitrage opportunity, that has to be wiped out in an open market. We'll see how this will work out.

everything and everyone has a future but its either dark or not

1. look back in our history, most successful evolutions/changes didn't occur easily and the result on august first isn't bad though

2. new ones? what do you mean?

3. thats the negative side which rarely happens now since bitcoins price constantly increases unless you panic sell. volatility has its positive side like it allows us to have bitcoin as an investment. and to be honest you're actually happy when the price increases right?

4. why should it be wiped out when it gives an opportunity? stop looking for opportunities with no risks because risks are always there

Good answers right there mate. Change is constant but the question is when? Up to now bitcoin is one of the best investments right now. Dramatic hardfork issues may have set backs yet bitcoin price always recovers at high paces on which financial analysts can ever imagine.