RE: Important Fact about Bitcoin and why it could be $1,000,000.00 within 5 years

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Important Fact about Bitcoin and why it could be $1,000,000.00 within 5 years

in bitcoin •  7 years ago  (edited)

Arent there technically better coins then Bitcoin? The fees and amount of energy for transactions getting very high and development progress is small. I think there will be better coins..

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It depends what you are looking for in crypto's. Bitcoin has evolved into a store of value. Those holding BTC do not care about high fees and slow timing. They do not plan on spending their BTC unless it is a high ticket item. Low cost transactions and fast confirmation speeds is the value of Litecoin, Dash and others. Yes, there are many good coins out there. I have a vast diversified crypto portfolio besides BTC