Quote from: Hui8 on February 24, 2018, 04:03:54 AM

Quote from: GrannyC on February 23, 2018, 06:59:51 PM

Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?

In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?

The other coins are moving fast because of their cheapness and easy to enter nature. Think about the bitcoin and any altcoin and you will see that there is no comparison betweent them at all. In anyway bitcoin is best with only drawback that very few of us understand the actual use of it and the real world applications of it. Altcoin are just way to get into crypto projects very fast and thus make money out of it. That's why we see lots of volume going into the alts rather than bitcoin. But that's also fairly true because no matter what new investors along with the old one always appreciate the bitcoin and invest into it at the first time. Alts comes later on and then they are invested in the want of getting profits. I don't see any point of discussion process here because it is not in the reality.

Perfect explanation. Just for the real world applications of it, I think we just need some time to see it.