Post
Topic
Board Speculation
Re: Bitcoin slips below $8,000 as investors step away from risk
by
jseverson
on 04/08/2018, 09:24:46 UTC
We had forks in the past which failed then we were expecting the lightning network to bring positive changes to bitcoin to ease the users, which failed as well. Now what are the developers doing to make Bitcoin perform better.

The failed (hard) forks have nothing at all to do with Bitcoin though so their failures have no bearing in the current situation at all.

The Lightning Network has failed? It's still in beta lmao. Working on making it better is what the developers are currently doing to make Bitcoin perform better, among other things. I understand the frustration and the lack of patience, but they're working on very sensitive, very new technology. It may not even be an exaggeration to say that the Lightning Network is the future of Bitcoin, given the amount of hopes and resources already invested in it, so I'd prefer they take their sweet time with it to get it right.

You're right that better utility will drive prices up organically though. I believe that will just be a matter of time at this point.