"Bitcoin is unsuitable as a currency, because people are far more likely to hold it in anticipation of it appreciating in price." -- Kain Warwick
What do you think?
Bitcoin sucks! For or Against?
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First off, to mention: I believe that Bitcoin will cease to exist, eventually, because it benefits us in no way, compared to that of altcoins.
Now, regarding altcoins: yes, it's that possible that they may only be used for investment purposes. We'll see. I predict that they will act as a stock does, and that companies with new technology will release their own cryptocurrency, in place of a stock.
— NP
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You have a valid point there @niopomilia. With a lot of better altcoins created everyday, do you think #Bitcoin will survive in the future?
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Thanks!
I believe that Bitcoin will die, completely, within 4 years. The fees are too large, the transaction times are too slow, the circulating supply is too low. The only thing holding it up is its originality, and with that, hype.
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