RE: Bitcoin (BTC) Morning Update: Correction is Likely to be DONE!! PRICE EXPLOSION IMMINENT!!

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Bitcoin (BTC) Morning Update: Correction is Likely to be DONE!! PRICE EXPLOSION IMMINENT!!

in bitcoin •  7 years ago 

Bitcoin
Pros:

  • 21 Million Promise (Digital Gold)
  • The go to currency to exchange into cash
  • The blue chip of crypto

Cons

  • It is slow
  • Can't update fast enough or won't update at all
  • It's so bad that people switch to ether to transfer to and from exchanges
  • Nothing new on the horizon

Will the promise of digital gold be enough. If BTC keeps rising just 5% because people just use it to buy altcoins than BTC dominance will keep falling.

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and then when you add to it, that they can simply increase the block sizes and immediately fix the problem, it makes me mad that they refuse to do so, and even say that "high transaction fees are a good thing"!
And, who wants digital gold? - I will take real gold anytime!