RE: [BTC] Short term analysis 24.1.18

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[BTC] Short term analysis 24.1.18

in bitcoin •  7 years ago 

I think Bitcoin is in trouble as long as transaction fees remain high

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I agree fees are a problem for smaller transactions.

But first of all, fess are already down to the 20-30 sat/vbyte , and Lightning network on mainnet is growing rapidly, sure it's not ready just now, but it's a matter of months until you could do transactions at rediculas costs and at incredible speeds.

Once Lighting network will be available it will completely remove the barrier for mass adoption => bullish!
Thanks for your post!

100% agree, we haven't seen nothing yet. And you are very welcome!