Quote from: william8829 on December 22, 2017, 04:51:05 PM

Quote from: ZepaniZeppos on December 21, 2017, 02:01:48 PM

It's clear that Bitcoin isn't the best coin anymore.

The high price, forks and large transaction fees at first glance can easily be misinterpreted as negative. When you take a closer look you will see the high price is from new investors. This is monetary growth. We live in a cash based society so this is necessary. You can think of a Bitcoin fork as a birth of a Bitcoin like technology that can be useful in itself or for the information acquired during it existence. You learn best by doing and here is much still to be learned about blockchain technology. The large transaction fees are due to increased traffic and ignorance of Segwit protocol. If you are using a wallet that has upgraded to the newest Core update you will experience a 30-40% reduction in fees. Ignorance is will decrease if those who know about Bitcoin take time to share their knowledge with those who do not and those who do not seek to learn more.

Quote from: ZepaniZeppos on December 21, 2017, 02:01:48 PM

Too much dumb investors these days.. Bitcoin is no longer useable in a normal way but noobs will never realize because they never make a transaction to their own wallets because they don't even know it's decentralized and stuff...

I believe we can attribute the hyper inflated price of Bitcoin to emotional investors. They do not want to miss an opportunity so they buy as quickly as possible. This would not be a problem if they keep there Bitcoin but instead, because they trade with emotion rather than logic they panic sell when the price dips. The greater the initial investment from emotional investors, the greater the price correction.

I'm curious if it will be solved, if so when? There is no doubt something drastically has to change to get this fixed