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RE: Bitcoin ready for a breakout above $10.000?

in #bitcoin7 years ago (edited)

I agree
I sold 90% of my bitcoin in dec and Jan. But bitcoin cash compared to bitcoin at same age is more expensive
It will fail unless they do segwit and lighting. Short term if we need to transfer value it works but it is impossible long term as doubling block sizes as the plan can’t work after a certain point. I do believe bitcoin can scale but the 5 month period with crazy fees did make me sell as I knew it would turn many off. Now that scaling options are coming it will bounce back and I do believe bitcoin will likely not be replaced as king crypto but it’s definitely not 100% it will. I just know it has to be something decentralized to replace it and bitcoin cash is too centralized.

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Great insight! The past couple months have been exciting (even though deflating at times). The next couple years should be super exciting and my guess is super fulfilling. We are so fortunate to be alive during this incredible new........ movement?