Post
Topic
Board Bitcoin Discussion
Re: Today's attack on Bitcoin
by
collapse
on 12/11/2017, 16:17:19 UTC
Attack? Really ?

Quote
In a free market, free result,...

Bitcoin has a big problem with transaction fees now, the future is now. If another coin, BCH, NTRN (20 Mb block size, and 79 seconds block), BTG, AMC, ELC, BET, OTHERALTCOIN,..., solves this problem that "Core" refuses to solve, BTC will return to his value, 0.
Most of Altcoins value is near to 0, this altcoins have no use, have no liquidity = no value.

The "Digital Gold" song is pure shit. Gold can not be digital,...

The only value of Bitcoin is as medium of exchange in the Internet. With high fees, this value disappears,...
In MONEY, storage of value and unit of account are derived from medium of exchange characteristic. In the majority of cases supported as medium of exchange by the State.

The value of Bitcoin NOW resides in his high liquidity (~community) compared with other "altcoins".

Money: https://www.ecb.europa.eu/explainers/tell-me-more/html/what_is_money.en.html