Post
Topic
Board Bitcoin Discussion
Re: Bitcoin HAS FAILED
by
Fatunad
on 17/12/2017, 17:03:52 UTC
Bitcoin has failed.

It costs up to $100 to send a small transaction, I find it hard to believe bitcoin hasn't dropped to $0 already. There will be a future crypto (I like Litecoin) but the future crypto is defiantly NOT Bitcoin. Its unreliable and is almost impossible to recover funds if they never confirm.

Im looking forward to bitcoin failing and something else taking over, im surprised im saying that as I hold a little bit of bitcoin, but I feel it has failed and nothing more than market hype and new comers are causing this price influx.

I would of course change my mind if the developers where actively doing something about this issue and keeping us informed, but it appears they are not. Lightning network has not been integrated, Segwit 1x is not used.

Despite us knowing bitcoin has scaling issues for years nothing has been done about it, and now it Is much cheaper and safer to send money via a bank transfer.

I wont really make any argumentations regarding on the things you do mention on here which most points are actually true except on that Litecoin thing. I dont think this would be suited for such position if you do consider it over bitcoin. I dont know on what would be the most possible solution on the current situation of bitcoin which tx fees are really insane. Confirmation times are long because of congested network. Must really have a solution into this one.