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The transaction fees are way out of line. The only thing supporting Bitcoin's price is that it seems to be the nexus of all alt-coins.
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Bitcoin is a shitcoin now. Ethereum will takeover bitcoin soon if nothing is done about high fees. Dash and litecoin is also much better alternatives.
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Disagree-Litecoin is a copycat or a little junior of BTC. Only popular because on Coinbase.
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True
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agree with you
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LTC has slightly better tech than BTC, but in the end. It's just a BTC clone. If LTC got so popular as BTC is right now. Then LTC would experience the same problems.
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True
And is litecoin ever got the traffic bitcoin has the fees would be same much higher
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Fully agree with you... Litecoin is actually pointless...
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Yeh it will just run up against the same problems as BTC if it's network activity increases
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Seeing as though we are all using Steemit, EOS will take over, Like completely obliterate everything!!
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Hope so. I bot some EOS on 0.54$ )))
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So did I. At exactly .54 lol.
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I'm not too sold on EOS. The coin isn't intended for it's own platform.
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bitcoin cash faster.
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waited over 1 hour for bch transfer wtf ?
I know handful of other private coins quicker
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ETH, Dash & Litecoin have SAME scaleability issues.
BTH - not a real answer too.
BTS - can handle a Visa scale today. So I choose BTS (and Steem, and EOS)
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Never heard of BTH?
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Monero, Ethereum, Iota.... pretty much anything is better than the current shambles that is Bitcoin.
Not too keen on Dash and Litecoin as they don't really bring anything unique to the table....but are indeed functional as currency.
I also love Steem cos it has an obvious use case and it's superfast and with no fees....though maybe its economics need to be ironed out to make it a contender for the top spots .
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Maybe what we really need is a few currencies which don't bring anything unique to the table, which avoids potential cryptokitties dangers and just works;)
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Well hopefully with plasma and sharding implemented there will be no impact on the main chain
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But maybe Litecoin could be a feasible replacement. It does the job with lower fees. Also, Bitcoin Cash is touted as THE replacement. But I’m not very fond of it. I don’t like most of the Bitcoin Forks, though this one may become very successful just because of its name. I don’t like what it brings to the table. I think the most likely case is that Litecoin will outpace Bitcoin in the future and ethereum will remain a second option in the #2 spot. Ethereum has a lot more potential to go up
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IOTA is probably the most promising sleeper coin out there. With the proliferation of the "internet of things" a coin that operates within those transactions will out play everyone in the game. It's likely to take a few more years to fully integrate but once that happens it will skyrocket
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Yes. IOTA is a great technology. The Tangle tech compared to the Blockchain is much better. However, it has its problems. As someone pointed out to me, the algorithms they use aren’t fully proven to be exempt from bugs and hacks. But, if the problems get fixed i feel IOTA has a bright future. It will be one of my HODL coins soon
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I offer dogecoin as an alternative to bitcoin
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I’ve been so adverse to dogecoin because of its name that I know nothing about it. I refuse to get into it. It’s name will drive people away and not take it seriously. I don’t believe this coin will see a top spot in the market
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I agree
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It might still appreciate though.
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Pretty much all coins can go up. But a sustainable growth is what most people want to see. Like ripple or dash or some of these other coins that are starting to test the top 3 and make a run for Bitcoins spot
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Check out my latest post, it addresses this issue.
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Iota it's said to become the currency for the internet of things, just imagine robots paying other robots do to work..including maybe murder, haha :)) crazy times we will live, once the A.I and virtual reality will be fully onboard
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I agree and i believe it will eventually loose support from the masses and remain an artifact in the hands of the few rich only. And will see the rise of alternative coins , cheap fast and equally secured.
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I do agree ... altru I think Ethereum, Dash and Bitcoin Cash will be the winner ... I do not really understand why people buy Litecoin it looks very over both at this moment ...
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Mike Maloney put together a great video about the future of Bitcoin and also how
“Hashgraph” has many of Advantages over bitcoin. Virtually zero wait time and low Power consumption .
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DAG-based cryptos are already good (like IOTA or ByteBalls). But hashgraphs is upgrade for DAGs. Cant wait for it's actual implementation
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I'd been following Mike Maloney for a number of years on Youtube but then I stopped. Thanks for sharing this. I was curious to know where Mike and the folks at GoldSilver.com would stand on cryptocurrencies. The second half of the video does kind of sound like a sales commercial for Hashgraph but the first half did a really good job of explaining how Bitcoin and the blockchain work. It's worth taking the time to watch.
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thanks for this
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@littleboy,
Ummm... I wish I could shit coins that are worth $17K - $18K. LOL!
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Some one in core team must wake up ASAP
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Honestly, I’m happy just switching over to bitcoin cash. There really is no reason any of us should care about their drama, we should just use that which works best.
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I have a transaction with zero confirmations and it’s been 72 hours! I upped fee to $18.00 and it’s still stuck
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'Store of value', but their's no way of every retrieving that value. Lol.
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Exactly
That’s the way it’s going sadly
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$29.00 tx fee. ‘Nuff Said.
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That’s cheap
My last transaction was$ 45.00
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Same here, fee has already been 12 bucks!
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I transferred $50 BTC the other day from coinbase to bitterex and I ended up paying $15 fee. Whaaaaaat. Shit that is F.......g high fee right there.
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I agree its ridiculous . you guys should use Gdax.com its the cheap alternative. basically the same company but with fewer fees and they also dont charge you for transferring between the platforms
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I have transferred 400$ BTC and paid 18$ fee. The more you pay the better.
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Yes. I don’t mind the high fees because they get my transaction done. I wish they were lower since that was the goal of Bitcoin, but if I need to pay that fee to get my crypto, then I’ll pay it. Bitcoin said it was going to eliminate fees and get rid of the middlemen that plague fiat currency. But the miners have become the middlemen.. and they charge much higher fees than a credit card or debit card or bank in a lot of cases. Bitcoin will explode. But I hope it is headed up way before that happens.
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Mine was 33 bucks transfer and 12 bucks fee, ha, and no confirmation yet!
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Awesome video.
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It’s horrible!
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yes video
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With Monero about to get the multi-signature support, it's looking to be a good option. It will further increase its privacy and pave the way for it being adopted by more platforms.
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Monero is even less scaleable than a BTC ((
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Why?
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What crypto has solved the scalability issues completely?
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MONERO FTW!
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i doubt that...
ADA is the best cypto tech as of December 2017 ... there is nothing better on the blockchain then ADA...
with that said BTC will always be on top ...
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What is that? Cardano right? Yeah I believe that has a lot of potential to rise above ethereum, but it may take a while to reach the mean. Good HODL coin though with great daily gains
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Totally man! i fully agree! i am really excited about it... it's the same co-creator of Ether... I think it will go high... that and XRP really high hopes for both coins... def a HODL
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I think the same, that's why i exchange my coins to Ethereum. I change them to Monero and Iota as well tho. I dont think u can call em shit coins, I'm pretty sure they are going to takeover
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Right now, taking into account the high value of BTC is probably a good moment for anyone that has investments to diversify with some altcoins. Not only with the main ones, people should start to purchase/mine some small amounts of the altcoins that are extremely low in value but have a good volume. With a BTC high, even if it doesn't crash we will see some corrections on its value that could be used to gain a porfit in the altcoin exchange.
And always keep some of the interesting alts as long term investments. You don't really need grat amounts of BTC to do this, just around fifty thousand satoshis will do. You never know their value in one year or two.
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I really don't get this whole "this coin is shitcoin, that coin is going to take over" talk. If you are talking from a purely speculative point of view, maybe it is. But competition is key in a healthy economy and there is much more to cryptocurrency than its sheer USD value. A lot of alt-coins solve some problems bitcoin has and therefore, puts pressure on bitcoin to become a better coin. Bottom line is, there is no silver bullet, different problems, different solutions.
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I don't think so, Ethereum will never takeover bitcoin there is a small chance that Bitcoin cash can takeover but...
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thanks for upvote and restem
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But people don't know what Eth is . Bitcoin is the brand which will bring masses to Crypto . It has a long way to go , still only 1% of population are in this game .
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People will know in the future. If these alt-coin get too big heights. They will get more media coverage.
Remember, most of the non-coiners have absolutly no Idea about crypto-currencies. Every now and then, the media reports about 'BTC reaches $10.000'. But they don't know much else about it.
The only reason that BTC is getting media coverage, that's because 'it's a good investment, with 1700% returns'. They aren't interesting in the technology behind it. They only care about the potential profits.
So if alt-coins like Steem are getting more profits, they will be mentioned in the media, too.
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You make a solid point. That is how I have interpreted it as well. I think they are buying it as an investment and not realizing that it is also a currency... but it leads them to the water that is alt coins.
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Well Bitcoin can’t be a currency in its current state. Its not possible. But I also believe that with enough people investing in these cryptos, the prices will stabilize, which would allow for it to be a currency
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Agreed.
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LTC (litecoin) will exceed the Ethereum coin in years to come. Mark my words.
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bitcoin cash much faster than ltc.
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Yes I just went ALL IN ON ETHEREUM!!!! I have been in the crypto scene since 2012. I have rode the wave with bitcoin getting in and out at times. I can tell everyone with assurance that Ethereum is headed to be number 1 right now! As soon as people are more educated they are going to see this. I'm telling you RIGHT NOW. ETHEREUM IS THE BEST BUY YOU COULD POSSIBLY MAKE RIGHT NOW BASED ON EVERYTHING I KNOW! Of coarse this is not investment advice. Hold me to this if you want. I am already holding myself to it putting my face to it. Ether is hitting $1500 by new years and $5000 Jan or Feb 2018.. possibly more and I could be off the number could be HIGHER!
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Don't predict that Bro!!!!! Etherum can't reach the top again, It will get sucked up again.
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@ajith123 ETH is already at peak !!
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Bitcoin is the mother of all other coins, if its going high, then other coins going high, if it falls then other coins fall too!!
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@davidfar agreed to your point
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Bitcoin is pretty shit now - but there is no bubble. I don't think a bubble is possible, maybe just a slow down which is what we're seeing.
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@uglygirl BTC is good investment ! only transaction fees are increasing but if you compare to prices it is still very low
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You have high fees because the people are buying. Bitcoin represent a bitcoin store of value, 50% of marketcap. Also in order to buy altcoins you need to buy bitcoin. Bitcoin will grow as long as will keep the marketcap higher than 50%.
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But many alt coins follow the course of BTC. If BTC drop, alts drop etc. What will happen if all people get into ETH instead? Will Alts follow ETH?
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I’m starting to agree. I’ve got a Blocktrades transaction waiting a day to process. Not happy.
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I am big on litecoin and monero.
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@littleboy think little as well. I guess BTC will surely cross 400k$ till 2020. Bet with me.
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Hi. @littleboy Nice information. You done great job. This comment is helpful for me. thanks.
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It IS tough to know exactly where to put your money. But, I posted a video about the perfect portfolio. There is a good solution to this.
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I almost 100% agree with you... These fees associated with it are killing me... If you are not buying huge amounts and trading, you end up losing majority of what your trying to trade smdh!!!
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its so true man...i opened a blockchain.info wallet and bought bitcoin worth $64.4 using bitpesa and only received $50 thats about $14 lost in fees at this rate fewer and fewer people are going to transact wtih bitcoin this may lead to its price dropping. Dogecoin and Iota are the cryptocurrencies to watch, I agree Ethereum is going to replace bitcoin
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YES! I just went ALL IN ON ETHEREUM! I have been in the game since 2012. Road many waves in Bitcoin. Ethereum is headed to 1500$ by new years eve $5000 by Jan or Feb. This is going to be INSANE growth. A soo as people are more educated. I seriously put everything I have in. EVERYTHING. Never has it been set to soar so high it will be going MUCH higher then 5k as well MUCH MUCH MUCH. Hold me to it if you want! I am putting my face to it. I am THAT certain!
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Another promising coin is the swisscoin...most of these coins will takeover bitcoin soonest
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@raggah on what basis do you feel this happening ? BTC is still dominating #crypto
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Ethereum is not able to handle much, its running 100% most of the time and its crashed due to multiple ico´s and due to cryptokitties, oh and fees are not far off from bitcoin... I hope more people start to see the value of Bitshares, Steem and Eos soon, just take a look http://blocktivity.info/
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@littleboy you are absolutely little boy , totally disagree with your comment
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indeed
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@littleboy gracias senor for your view , i completely agree with your view , high fees definetly killing users nows .. the bigwhales are earning good amount on every BTC transaction , even coinbase bittrex are charging heavily
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The fees are making it unusable but I just sent some BCH and the low suggestion was $1.. if it was worth 10x (btc), then it would be $10.. lightning network is censorship resistant and non-custodial (no kyc). It will incentivise hosting nodes and give hodlers ability to earn interest. Please interview some people from blockstream..
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That's wallet software which determines the fee. You can choose a smarter wallet which uses lower fees. The same could be said for BTC, but the difference is that if you did such a fee on BTC you'll be waiting hours or days. You can put 1 satoshi per byte on a BCH transaction and it will still confirm in a reasonable timeframe.
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Great post
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Bitcoin Cash is the real Bitcoin!
Check my post that show all the stuff that is censored ... really alarming.
https://steemit.com/bitcoin-core/@deobrands/bitcoin-core-is-censoring-content-bitcoin-cash-is-the-real-bitcoin
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Couldn't agree with you more on this one. I also think all of the "lending" platforms are somehow connected and contribute to it's growth. In a couple of years when btc reaches 200k+ all the "lending" platforms will fail as they can't pay out such high interests with no bussines plan. Causing BTC to fall to 100$.
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I agree about the high transaction fees of BTC , but if we want to transact frequently then we can convert our classic BTC into BCH and take advantage of it's low TX fees and store BTC in a cold storage.
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I always thought that the Bitcoin is starting to fall soon because of the rise of Ethereum, Daesh and Litecoin due to their better attributes...
But the name could save the Bitcoin so far and I do not dare to think about the next hard fork announcement may come...
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The name will only help for a couple years. If bitcoin doesn’t change these issues it’s gonna fail
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But it is so easy to announce a hard fork as the BCH and fall afterwards....
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I don't think Bitcoin will rise any further. It's time for the bubble to burst .
Whatsay everyone?
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you were right...
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Ok, Jamie Demon.
BTC and BCH, both are eating away at central banking’s control, right? Coo. Just checkin.
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Yeah until Wall Street fixes the price of BitCoin through the futures exchange. ;3
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Well then cheers to you’re right and cheers to you’re wrong and whatever else continues to increase the balance of my Blockfolio... cheers to that too!
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Tourette's Monday?
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Sorry, I’m only familiar with One-Up Wedesnday, Taco Tuesday and Sunday Funday.
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Hahaha! "Blockfolio!" pHuCkIn LOVE that! I'm stealing it........................ ;)
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No need, I heard if you click that green’ish arrow thingy under my name, it’s automatcially yours.
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Bitcoin may have a correction. As long as the fundamentals of blockchain are still intact it will definitely rise past its current price.
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I think so too. There's inherent value in Blockchain. Being able to do trustless transactions over a network is real life techno magic!
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yeah, that seems to be it. As long as no one knocks it down, it'll keep standing up.
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This is what my husband thinks too. I thought hey lets buy some before we cant afford one but he doesnt agree. Ah well st least there's #Steemit !!
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something is better then nothing
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yuup
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Most analyses state 60K before the crash, at that time the central bankers will be attempting to control and create there own sustainable crypto.
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I don't think it's just the name. If the idea is to use it as a currency and not as a commodity, then the amount of people using it is really important... and common people is far from knowing what's ethereum. But yeah, the transaccion time and fees need to be upgraded.
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Everyone who understands the BTC is already keeping a "small"a amount just to be sure but explores Ethereum, Daesh, IOTA and BCH...
But I am still sceptical about the Genesis Monero mining...(This is my 3 percent Bonus code: Qg8hmv
does someone else also have one?)
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Then the BTC will fall...but hopefully there is a hard fork before...
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The problem is bitcoin core wants the fees. They think bitcoin will just be a Store year of value anyway
Which it won’t. If this lets up
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Maybe you guys can enlighten me, I really don't understand how to value any of these coins. The more that I try to research and watch to learn it seems that every single coin is going to go up. I guess this is possible due to the hype but I would really like to be able to understand before investing my money into it.
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BTC is going up because it is hitting the mainstream but at the moment it is facing some correction.
This failure of rising fast enough makes everybody who understands cryptos to move to other cryptcurrencies like Daesh, BCH or others try to loose less money while BTC goes down and maybe going back when the proce rises again.
BTC has some problems like the high fees which makes it not attractive to be a used as a real currency. But many exchanges uses it as dollar is used in the world. So BTC is the old crypto which everyone needs sometimes to trade but many intelligent people are not trusting the hype of BTC and if you are smart you go directly in the right alternative cryptocurrency like Litecoin, Ethereum, Daesh, ...
But it is difficult to say which one will perform best in the future.
At the moment a lot of new money is coming into the market. That's why all prices are rising...
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That 'name' is saving Bitcoin right now. It's the only thing that keeps it standing.
As bitcoin believers say: 'it's all about trust'
So what's going to happen with their 'trust' when BTC starts to fall?
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trust in cryptos is very a difficult term because it is so easy to abandon a currency, but Bitcoin is stabilized through people still coming thinking this is the only crypto...
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Would you buy BTC if it drops to below $10,000?
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Just BCH?
Any one of those three has low fees, better devs and less drama than BCH.
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Not all exchanges support every crypto but those who support BTC has high probability of supporting BCH.
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Mine only allows to sell the BTC created by the fork. But it does fully support Ether, Litecoin and Dash. The much for high probability.
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Monero good only for black market, high transactions fees...
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I always thought that the Bitcoin is starting to fall soon because of the rise of Ethereum, Daesh and Litecoin due to their better attributes...
But the name could save the Bitcoin so far and I do not dare to think about the next hard fork announcement may come...
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How do you think will the future of Monero be?
I am still sceptical about the Genesis Monero mining...(This is my 3 percent Bonus code: Qg8hmv
does someone else also have one?
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All three of them are way better than BCH
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Disagree. They are simply more popular. As such, the more shady people that support them don't stick out as bad.
But they are still all much more useful as currency than BTC Segwit of course.
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i agree
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Litecoin is the next big thing. It is much quicker.
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Its slowly going up. This is pretty much what bitcoin did!
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I agree
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Btc value came from it being a game changer. If these fees and slow transaction times don’t change it won’t be a reliable store of value anymore.
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Well you can fund debit card, virtual or physical...that will be accepted everywhere...
use micro wallet like faucethub if you want to tip small amounts online, like pay for tasks...
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You can, but each time you do that will still cost you transaction fees.
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i like thank you for information
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I think the next step in decentralization is actually decentralizing an approach to using crypto platforms in general. I think you have the right idea. Digital currency is very liquid so it's relatively easy to move funds from one type of crypto to another. That's where the next gold rush is/is going to be especially if you could make this an automated thing built into the technology itself. You could have a walllet that automatically detects which coin has the highest profit-margins and re-invests its position in those coins that will be more profitable given market-data for that day! You could coordinate the whole thing with TensorFlow or the like!
For me it's all about the prospect of automatic wealth-creation. We could have interest free credit and universal basic income as a result of this emergent technolgy. Here's hoping anyway! < 3
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„that automatically detects“ — they tried that with shares. Failed epically when all algorithms did the same and overreacted.
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I prefer converting from BTC to LTC since LTC is fast and fewer transaction fees.
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Hi, I guess converting your BTC to DOGE will be much easier. Transfer is much much faster at a very low transfer fee.
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Every crypto has this issue and none have yet really been able to address it. Bitcoin is not meant to be used for every day transactions it is a store of value while ever day transactions should be made on one of the other 1,300 cryptos out there.
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Agree. Btc is the gold of crypto and probably will remain as such . I have no issues with that ..
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Not what bitcoin white paper states nor the community wants...
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Could be so easy skyrocketing, segwit adoption must succeed, than lightning network will succeed and scalibility is problem of the best resulting in 100k+ /coin
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What a bullshit video. About the Lightning hubs is really not true. Wallets will implement LN and everyone that put money inside it can be a hub. This means you can create a hub using TOR and be fully anonymously. How will KYC and AML be implemented? Please explain!
I don't know why you are bashing BTC and pumping Bcash, you use exactly the same terms as Roger Ver (this tells me it is not even your own information). You will ruin your reputation because Bitcoin Segwit (as you call it, off course it is just Bitcoin) will outperform hugely and Bcash will die or become irrelevant when Lightning Network get rolled out. You missed the news that the first LN transaction is made already? The only thing to be done is building the UI. We are almost there!
People please not listen to shills like him (Need to be said that I respected Jeff before his flippening) and Roger Ver, but smart people like Andreas Antonopolos and Trace Mayer.
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controversial still, I have work colleagues so excited about this "new thing" BTC that they have put their last salary into it, saw it grow and they are still keeping it!
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Honestly I think bitcoin might not be the best path forward in cryptocurrency. It may have been the first, but advancements have been made and implemented into newer cryptocurrencies.
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it is definitely not the future of crypto. The only thing sustaining it's price is that you usually have to go through BTC to buy and trade the alts.
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Yes, that's a very important aspect. Bitcoin is the mainstream coin. As people spend more time in the community, they learn about better coins to invest in. Bitcoin is the gateway, which keeps it alive
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Congratulation @dollarvigilante! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
Folow me @hendra kurniawan
If you no longer want to receive notifications, reply to this comment with the word STOP
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It's a brand thing that keeps it at the top despite its many weaknesses as a cryptocurrency.
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100% so, although when it crashes it will pull a lot of the others down with it unfortunately.
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I agree. I really think we are riding the Bitcoin wave. Not to say other projects like EOS and others do not have major potential. It's just that their time is not quite here. I will be prepared to pick up more coin on the next crash.
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Thats why i love steem...no fees...yeahh
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Actually I also think this is a great advantage of steem in the future!
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And probably easier to vote out corrupt officials.
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So here is something interesting.
While most of the Youtube comments are positive, about 10-30 of the most upvoted comments are insubstantiated attacks & insults.
There is more or less no negative comment here on Steemit.
This very inorganic distribution of feedback is a clear indication to me that something fishy is going on. So the theories about Blockstream sockpuppets are likely to be accurate.
Anyways, don't take them seriously Jeff, you're doing great work!
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So my new goal... get popular enough that I can sell out to somebody? ;x
Honestly I think this subject is testy enough that there is more negativity than normal.
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Youtube comments are so toxic. I don't even look at the comments anymore. If anyone can get away with something online, they will.
Kudos to the Steemit comment system!
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It's so much better here. I have some YouTube channels and people say the nastiest stuff.
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I just posted a response to this video. Thanks for sharing!
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I loaded up on Bitcoin Cash because of this video! Thanks!
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Scalability and high transactions price problem , must be solved ASAP
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last week I offloaded most BTC for Gold, BCH and a few ALTS.
so far it is working out well.
Bitcoin Core in it's current state is not fit for purpose. Even Steam Games which was one of the first to accept Bitcoin disabled BTC payments because of high fees and long confirmation times.
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What can be done if dtube does not work (on the technical servant) ?
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Unfortunately, I had to go watch on youtube; it kept breaking for me on dtube :(
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That was a great explanation of how the lighting network is like a bank with all the power to abuse and control you. I also am concerned about security on these off chain networks. They're not on the bitcoin blockchain right so they don't have that proven security.
"If you're going to put garbage in the vault, why have a vault. " Love it.
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Exactly
I agree!
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It's very uncertain exactly where it will be. But the average users transactions themselves will definitely not be directly on the chain.
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People are milionaires from this garbage ... and more and more are making profits of it every day . It has been garbage and a bubble every time it hit ath . I am an eth miner do not get me wrong , just follow FACTS .. all theories have been beaten by btc and as a result gave way to other cryptos. You really think any1 would invest a substantial amount into any crypto if btc were to fail ? Do not think so
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I never thought the banksters could get their grubby mitts on Bitcoin. I hate it when I'm wrong.
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I've become more and more open to Bitcoin Cash over time. Now I fully support it.
Lightning could still get implemented and theoretically it still might get implemented well enough, but Bitcoin Cash is still likely to remain a viable competitor.
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The transaction fees of btc is just too much. A friend of mine who wanted to settle a liability of 15dollars had to pay 10dollars as btc transfer fee. Even I too had to pay 10usd fee for a transaction of 9cents..
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The transaction fee is high when you do a small amount. I did $15 worth transaction and was charged $6.34 but when incidentally i made another transaction at $60, the fee was just about $4. 32. So I advise you try to make high value transactions.
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I really believe that bitcoin is overvalued, because it is the oldest and safest currency, the potential for transaction is very limited. But it's just the beginning of an era. Etherum and Neo, these will have a long life!
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Where is iota ? streamr ? Xem ? Ripple ? Etc etc .. i am an eth miner but lets keep it real :)
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They probably will, but even they are nothing compared to the new competitors EOS and Cardano.
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of course ... I spoke in comparison to bitcoin, but there is a lot of money that will grow .. that's just the beginning .
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Fucking love EOS
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Indeed the transaction fees sucks. My exodus wallet charges so much fee. I get pissed every time.
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I think BTC will be 25k in 5-10 days
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Great video Jeff
DTUBE has a buffering problem hope they fix it
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This video helped me understand what's going on better. Thanks! I've been avoiding BTC, but now I feel even stronger about it. I may buy some Bitcoin Cash if Coinbase allows us to do so, but I'm putting my money on Litecoin rising to the top because of this debacle.
Litecoin should be announcing the release of mast soon, which makes smart contracts practical with Litecoin. The masses will soon realize Litecoin is undervalued, and more useful than Bitcoin.
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I don't mind about the transaction fees... bitcoin is in my cold storage - not much, but it will stay there. There are other coins which are interesting. Especially companys with huge partnerships and a bright future in the blockchain industry
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You don't mind it because you don't use it as a currency, which it no longer (so far at least) is. Even Ripple is more of a cryptocurrency as of right now, because it can be transfered as payment with low fees.
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It's going slow up, other coins are gold worth now! Neo and BAT show potential
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It will break more and more.....
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I share your wonderings on whether this was a deliberate corporate move or just a string of bad ideas. Not sure which I prefer.
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Sorry Jeff, I really like you but:
haejin > dollarvigilante
All day, every day, not really sorry.
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Bitcoin is the grandfather, it will always be around but altcoins are beginning to have a run! What a great time to be in the market. Neo Litecoin, Ethereum, Cardano all of these Altcoins will see major gains!
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great to see!!
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nice!!
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Jeff this Steemit account is lying about you! Might wanna call them out! https://steemit.com/jeff/@rich-meister/jeff-berwick-and-tdv-immigration-passport-scam-my-story
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Looks like a strange turn of events in the cryptocurrency world, and at the most inopportune time.
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Most of the newcomers know only the name of Bitcoin, and that can give a huge rise in price, at least for some months
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It will maybe reach the million one day
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Maybe ? Just watch my friend . Btc will be 35 - 50k in 2018
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There’s a huge difference between 50k and one million. If these issues aren’t fixed we will not go to one million
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Yeah but its time for bitcoin to go down a little.
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high transaction fees what kills rapid adoption for bitcoin.. maybe litecoin and others with low transactions fees will be adopted more quickly than bitcoin
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But they will have same problems once they get the high traffic bitcoin has
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maybe IOTA then...
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I think satoshi Sakamoto should be around of the great innovation that he brought in the monetary system. A system that has no one to control it.
It is in fact a great definition of free market where the government has no place and trends in the market determines the price.
Let's embrace Bitcoin
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I say it's gonna hit the 100k by the end of 2018
remember y'all @Dailymeme told you first
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Consider the fact that a lot of people see Bitcoin Segwit as the new world bank and that it behaves more and more like one (high fees for using it without an exchanges "permission" + slow and unreliable transactions). Then think of what price they would put on that....
Doesn't make it the best solution, but it sure makes it a speculative rocket.
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Hy.Bitcoin will get the Lightning Network soon with lower fees than Bcash, which will make Bcash irrelevant. 2. You can't just increase the blocksize indefinately, cause that brings a lot of problems with it. 3. There's already a currency for cheap on-chain transactions since 2014, called Litecoin, which unlike Bcash will work together with Bitcoin via Atomic Swaps. Why would you leave these facts out? Bcash will be obsolete in a couple of months. - And by the way Litecoin is 4 times faster than Bcash. So creating Bcash in the first place made no sense at all, except for power grabs.
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You deserved the upvote!
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there is a magic happning on bitcoin, did you know that brasil is about using bitcoin as it's principale monaire systeme.
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yes realy but it it brake the levelof 18000$ now you see it will going to 25000$
last time expectation of BTC was 25000$ in next year 2018 but in the ending year 2017 it give a long move
now in next year it will double
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beautiful
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First comment on Steemit :)
I think Bitcoin Cash will take the top spot in 2018 while Ethereum, Litecoin and Cardano will stay close. The Chinese & Indian markets are key to the success of a coin in the coming years i think, i would keep an eye on them.
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Mike Maloney put together a great video about the future of Bitcoin and also how
“Hashgraph” has many of Advantages over bitcoin.
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Wow. This is crazy!
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It's not just Bitcoin, Altcoins are going crazy as well. Just invest in any altcoin and it will be up or down 20% within 24 hours. It's a highly volatile market, do you call it a good investment, seems like a gambling to me. This market is so crazy. I just feel bad for the people holding the last bags of the coins, they will probably lose all of their money. Initial investors are very happy as they made so much money and cashed out. I bet you this market will crash very soon, I don't know exactly when but it will be a big crash.
Every coin should be backed by a revenue generating business, then it's a smart investment, but right now these are all speculations. Money is being generated from money, everything is digital, there is no physical activity or tangible asset, apart from waste of lots energy. I like steem coin though, at least there is some business value to it. All the people who are so confident about this revolutionary breakthrough blockchain technology, I'll see their reaction when Government will intervene, they will be the first ones to chicken out. Do you really think Government and all of these big banks will let you have it your way. If Government bans it or regulate it, it will lose all the attraction/perks and everything will go back to normal.
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Bitcoin spiked at one point, but so will all the other currencies. Every currency will have its own high point, but eventually since they are all based on the same principle. They will all run into the same problems, and follow the same path. What do you guys think?
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good jobs my firend :)
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I agree with you @dollarvigilante but the uncertainity is the best way a business man can transact business
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¿Y ahora que pasará con el precio de bitcoin?
Parece que es momento de una corrección, es necesaria y saludable para el mercado. Que piensan ustedes lectores y escritores de steemit?
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Yo estoy esperando una corrección de más del 50%
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There is news that Litecoin could be transferred to BTC wallets. I think that if this update is made by the wallets, the price of Bitcoin will be quite low and everyone will be comfortable with the shipping fees.
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good jobs my firend :)
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Bitcoin has no uncertainty. It increases because of demand. But ethereum is an alternative
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I traded out my bitcoins for Cardano(ADA), got in at .11$ and its now over .50$ in just a couple days. STEEM has real potential, with the total supply being in the millions it could go almost as high as Etherium. From 3$ to 300$ if you get in now.
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but it could be bubble or some artificial source of high prices
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A bubble ? People are milionairs :) bubble for how many years now ? :) it has been a " bubble " every single time it broke ath :)
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Let's see what is going to happen, I am all into cryptos anyway
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In future Ethereum will takeover due to its technological advantages over bitcoin.
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I agree as i believe it's just the beginning for Bitcoin and much more coming. Bitcoin is a save and secure coin.
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nice brother you always give us good content ...love you
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Great article man. I personally think it will go close to 100k by next year.
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I would buy ripple, eos, or iota ASAP. Coinbase will be adding those alt coins soon and invest now they are very low and become millionaires.
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T_T im still hitting my head off the wall from the 3 btc i had on my hard drive that crashed had them from the early days
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Jeff Berwick is a scammer hypocrite who has ripped people off after promising to get them passports in foreign countries (taking their money and then not delivering on his end of the bargain)
Stop supporting this sleezebag...
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Evidence???
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sure, see for yourself. A few keystrokes in a search engine and voila.. plenty of testimonials from people who put their trust in Berwick and got p0wned. https://steemit.com/jeff/@rich-meister/jeff-berwick-and-tdv-immigration-passport-scam-my-story
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If you commenting are insulting Bitcoin and it's fundamentals than you should be out of here.
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Even steem is preparing to start competiting
The volatilitt of bit coin us the scarest part
It just shows that Etherum will soon take over
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( ͡° ͜ʖ ͡°)
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It should not come as a big surprise that the big banks eventually take over.
No one could really expect that the financial Mafia would watch their business being destroyed without taking action.
Of course they will infiltrate and take over, that is the usual strategy. Otherwise people would mysteriously die.
The real question for me is only whether they are just taking over or if it was their plan in the first place.
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I like cryptocurrency..
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Thanks for the links - will follow you!
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coins always make sound but the currency notes are always silent !!! that's why cryptocurrency is best
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The use of transaction fees is making me happier to be using Steem to get Bitcoin. I love the idea of not having to pay a different fee just to complete my transactions.
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What do u mean ? You still pay for fee to exchange steem for bitcoin?
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Oops. I meant "lack of transaction fees". lol
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i think it will squeeze to nothing ,as analysed by some experts.
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great post thanks for sharing
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good post
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yes i am here
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Now I can see that there is really no full-proof system that 100% will work.
As BTC even BCH which is software and hardware based technology, bugs and hardware limitations will come into play plus people who wants to manipulate the technology to its advantage. I hope that the solution on the end will work with the lightning fast network that they are trying to create for fast transaction. Not sure if 5G will play into this later on.
Thanks for sharing. I now fully grasp the bitcoin and blockchain technology in general.
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the rush for bitcoin is like panic buying now... the worry to get the best one is on trend right now.
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Thanks for the info loved it like all ur content
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It's gona change the future
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Thank you to some wonderful #Bitcoin leaders. We have come a long way since Jan 2009. During 2018 may we go higher & further than ever before! 🚀
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Nice , love bitcoin
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i like thank you for information
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i like thank you for information
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@dollarvigilante Claramente podemos observar que el Bitcoin incrementa y no va a parar.
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i think bitcoin always raise because i read a post in bitcointalk.org there some one predict bit coin price at the end of this year is 15000$ and that's true also he say at the end of the 2018 it's price go's to 25000$ above i think also this prediction come true but i think it will come soon not wait for 2018 end.
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I agree about the high transaction fees of BTC ,you can also follow,upvote,like and comment on post @horlly
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I thinknBitcoin and the fees are just crazy, litecoin and Dash are looking great, and EOS is one to watch.
Etherium will have to stick around but they need to up their game, and not that damn kitty game!
But I see more people making more money off the alt coins now.
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I think a lot of BTC loyalists are in denial about BTC's problems. I've a BTC supporter since 2012 and even I realize that its much better to use any other alt coin for smaller transactions.
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Thank you for sharing your point of view here @dollarvigilante appreciate what you do and I must say thank you because you helped me a lot over the past months. Merry Christmas to you and your loved ones Jeff and if you have a few minutes left check out our Xmas Special! here on #Steemit https://steemit.com/dtube/@johnhill/gr4y1605
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The future of bitcoin can only be one way.. All the way up!
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Cash is king. Bitcoin Cash.
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There needs to be a big improvement in the crypto markets but that will come over time as the kinks are worked out.
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