RE: Bitcoin Tanks to $10,000 - Buy the Dip!

You are viewing a single comment's thread from:

Bitcoin Tanks to $10,000 - Buy the Dip!

in bitcoin •  7 years ago 

The problem with that logic is no one is using altcoins for transactions in most cases and that for a lot of them, they wouldn't scale all that well too if they had to deal with Bitcoin's level of transactions. Not saying that's true for all of them obviously, but a number of them. Even if they could, there are other issues that come up when dealing with Bitcoin's scale (which is still fairly small on an absolute basis).

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!