Bitcoin started going down when its fees became unacceptable... even for traders. Now with the Bitcoin TPS down the fees are again acceptable but the hype is gone. So what brought this hype in the first place? I think it was Bitcoin usage that was going up but since Segwit merchants only stop accepting Bitcoin, in fact, Bitcoin can't be use as a currency anymore...

We currently only hope for an ETF to get new money in but shouldn't we be looking for an alternative to Bitcoin like Bitcoin Cash?

I start: NANO.
1) The most down from its all time high value after Bitcoin Diamond
2) A completely new technology that is already being re-use by many ICO
3) A working cryptocurrency that brings greatly needed features: very fast transactions, 0 fee, scalability including a ledger that can be pruned...
4) It has 0 inflation and at least 20% of the coins are frozen (Bitgrail wallet, developer funds, faucet tests)

It is the BananoBot++ available in BANANO discord: https://discord.gg/mHUQ335

Garry Tan, AKA "Earliest seed investor in @coinbase", Is starting a new cryptocurrency: taraxa.io which will be base on NANO technology called "Block Lattice" which provide the fastest, cheapest and most scalable transactions on top of which they will add smart contracts and support for IoT devices.

Tweet: https://twitter.com/garrytan/status/969682254090813440

Tweet about the fork: https://twitter.com/reedvoid/status/969692266041196544

Charlie Lee looked at NANO 2 days ago: https://np.reddit.com/r/nanocurrency/comments/80c6fg/questions_about_nano_from_charlie_lee/

And it look like he adopted it: https://twitter.com/SatoshiLite/status/968931625001140224 ... even though it is a completely different technology and a direct competitor to Litecoin (fast and cheap transactions)

What does it mean for Litecoin and Bitcoin (the coins he was strongly supporting) ?

... will be fixed?

From what I understand, it has way to be used:
1) The situation of everyone currently
- You open your own channel
- Do a transaction on the Bitcoin Blockchain to fund the channel
- The recipient to need to join your channel
- You do the transaction over the channel
- Do a second transaction on the Bitcoin blockchain so that the recipient get official the amont transferred.
So 2 full transactions plus a lot of steps to do 1 transaction, is it me or this is not a good deal?

2) You already have coins deposited to a central entity
- The recipient connect to that central entity (if they are not already connected)
- You send the amount through that central entity
- If the recipient dont plan to re-use this centra entity they do a full transaction on the Bitcoin blockchain to collect their coins
This scenario can be good .... if the LN becomes fully centralized and everyone is connected in some way to this central entity. But then.... is it not what Bitcoin is all against? "But we can always go back to the original Blockchain" What will happen with transactions in progress if this central entity goes down? This central entity can charge fees, can't they over charge if they centralized? LN is suppose to have almost unlimited scalability... but if it is centralized it will be limited by this central entity?

I know that Bitcoin should be respected and if Bitcoin go down alt coins will follow because their value is tie to it, NANO can only be traded with Bitcoins for example (or Ethereum).

But It has to be said, Bitcoin has reach its maximum capacity and it shouldn't be promoted more.

Bitcoin was the leader and is the first official decentralized currency and so it provides a good way to store money:
- It is secure
- Can be moved all around the world
- Immortal

But now its move on to a technology that also offers
- 0 transaction fee
- 0 inflation
- Instant transactions
- Unlimited scalability

That is NANO.

The sooner we will start using NANO instead of Bitcoin, the sooner we can reach mass adoption, there's no way around to me. Bitcoin can't do what it was mean to do.

https://www.spiria.com/en/blog/geek-culture/nano-new-cryptocurrency-technology

We finally have a coin that is designed to scale for mass adoption: RaiBlocks :
- A Blockchain for each wallet/node so you dont have to wait for a "place" in the next block (if you are luck), just broadcast right away = Instant transaction and infinite scaling
- Only "Elected" representatives will validate the blocks and prevent double spending = The fastest possible network as those elected representatives will have good machines/bandwith
- The Elected representatives dont have to do a proof of work (Proof of Stake), so they can work for free = Free transactions and not inflation (there wont be more than the 133,248,289 XRB already on the market)
- Open Source, simple code base, nicely written in modern c++

Please share the issues it may have ... I am wondering if there's a reason why it is dipping, I personally believe that it is the future Bitcoin.