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RE: Bitcoin Hit ATH! | How is this affecting the activity on the blockchain?

in LeoFinance5 years ago

Thanks for the stats. What I see from these is not increase in real usability - just more interest from investors. Basically it's all jus speculation. BTC is only worth so much because people are willing to pay for it in order to sell it at a higher price.

ETH on the other hand is being used to power real Dapps and they even have a plan for scaling into the future. Traders can have a great time with these price action. But HODL has become risky for BTC IMHO. Not much has changed since the last ATH when it comes to tech. BTC is never going to get used as real cash replacement.

I think better cash alternative crypto will eventually come to the spotlight in few years.

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We need both. BTC and ETH.

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