Quote from: chopstick on November 08, 2017, 07:06:59 PM

Well would you look at that, Bitcoin is dropping while Alts are once again skyrocketing in value.

If Bitcoin can't scale and can't be used for everyday transactions, then this also diminishes its usefulness as a store of value. Bitcoin becomes primarily an instrument for rich speculators, and little else. Other coins will be used for actual commerce and day to day transactions.

Are you all happy now?

Yes I am happy.

This scenario is completely acceptable.

In a world where Gold is still used as money (you know for thousands of years) then are you buying your shopping with GOLD or are you using another payment method such as I$I$Coin (FIAT)?

So....

Bitcoin is where you save and speculate if you want

And Etheerum/Litecoin or whatever is what you use to buy condoms at 7/11