MAJOR PROBLEM! WILL THE RATE OF BITCOIN GO LOWER BECAUSE OF ITS LIMITATION IN TRANSACTION?

in bitcoin •  7 years ago 

MAJOR PROBLEM! WILL THE RATE OF BITCOIN GO LOWER BECAUSE OF ITS MAJOR LIMITATION IN TRANSACTION?

I have seen people say that the price of bitcoin will go up the moon again but how will that Right now because of the major limitation in bitcoins transaction will it make bitcoin go lower again because people want fast transactions and transactions of bitcoin are really really slow, if it is not solved we will surely get to see the rate of bitcoin go lower 

BITCOIN WILL ONLY RAISE IF THE MAJOR PROBLEMS IN THE TRANSACTION WILL GO HIGHER AGAIN 

Because of this bitcoin might crash and it might make the holders sell out all of the bitcoins because its having a major problem  and due to that many people are not trying to change their coins from bitcoin to any other currency .This statement would be more applicable last year. 

If Bitcoin was to completely crash right now I believe that it would negatively impact the price of other coins to a severe degree. Yet this would be temporary, and because of that we might get to see other coins get a higher price and a high amount of people buying them.. Thus I find this scenario highly unlikely but possible.but i truly believe that bitcoin will overcome this problem and it will surely increase and if the problems are solved it might go to the moon really soon.

THANK YOU SO MUCH FOR READING LET ME KNOW YOUR OPINIONS UPVOTE RESTEEM AND FOLLOW AT JONESTEEMIT 

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Thanks for info
;)

da tol da korea da waji na

da to cryptocuurency ye down lara

agha alata band ko yaw ghat exchanger da bittrex pashan

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what do you think about buying one

  ·  7 years ago (edited)

Thanks for the info @jonesteemit
But it is more unlikely for bitcoin to crash in near future. Because there are a lot of fiat money trading against bitcoin. This is used for other crypto coins to get fiat money. But since the emergence of ethereum, people are started to use ethereum instead of bitcoin in order to get fiat money.
This is my reading. Of course using technical analysis together with fundamental analysis will give you more accurate picture.
You are right, bitcoin need to solve their transaction issue in order to remain attractive.
Thanks again.

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you always have the best content jonesteemit keep it up!

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