RE: BTC Testing $16,000 - Bitcoin Crypto Market Losing "Dominance" Not a Bad Thing?

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BTC Testing $16,000 - Bitcoin Crypto Market Losing "Dominance" Not a Bad Thing?

in cryptocurrency •  7 years ago 

There's been so many forks trying t solve the scaling issue. If b2x doesn't prove to gain any traction then I sense a temp retreat in btc price as they go back to the drawing board...

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To be honest, if technological capability and scaling capability were the main driving forces in price, I think BTC would be worth far less than it is today. That being said, even if segwit2x fails, I think it'll have little impact on price. The brand equity is just to powerful at the moment.

2018 will be the year of the alt although don't expect the bitcoin developers to go to sleep!

Absolutely not ^_^. But before progress is made, some of this infighting needs to stop.