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.
Yes, this is an ongoing problem with Bitcoin at the moment. If you want to send a small amount of BTC then you're screwed. You can't use it for small transactions. Right now, BTC only is a store of value and until Lightning Network comes and works as intended then we can't experience the full potential of BTC.