Post
Topic
Board Economics
Re: People are extremely biased towards bitcoin.
by
syamster
on 17/01/2018, 18:14:00 UTC
i generally agree with what you said in here but not completely. 99% of those who are saying something negative about bitcoin are spreading FUD and i have been around long enough to know that.
we all know the problems but only few bother to check out the solutions and see where we are on that front.

An outdated bitcoin that won't be able to compete with better coins.

and here is a good example in your own comment! you either don't understand things or are spreading FUD.

what better coins? and why are you calling them "better".
can they handle for example 1000 TPS? have they ever reached that much and remained there? so why are you calling them "better"?

of course it is easy to create huge blocks (eg 1 GB!) and lower time between them (eg 10 seconds) and then say my coin has the capacity to compete with all the fiat and crypto combined transaction per second. and never even go above 100 kB per block.
bitcoin cash is making such claims with 8 MB blocks, so do 100 other altcoins. but that doesn't make them true.
Actually when you check market so there is only one option left and that is bitcoin because nothing is left in market there is not only one good quality in bitcoin its full of good qualities and that’s why everyone they are crazy about bitcoin to join because bitcoin is providing a very source of income for people and day by day its importance is going high and I, also a part of bitcoin because bitcoin is now a part of my life.