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Author Topic: Bitcoin or 3rd generation blockchain  (Read 236 times)
cryptofan55 (OP)
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November 06, 2019, 08:44:50 PM
 #21

Bitcoin is the king. Nothing can be like bitcoin. What it has given to the world is something that was never imagined. Bitcoin is the savior. It is the best thing happened to this generation. The holders of bitcoin are no common people. ethereum, no doubt, is a good rather the best altcoin so far but lets just get honest here, bitcoin is the whole reason why ethereum has survived till this day.
Can you please explain why you think so, how do you see bitcoin in the future. Will it scale and how or it will be used as a store of value?
xiboothrezi
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November 06, 2019, 09:12:17 PM
 #22

The fact is, achievements that have been seen are more desirable than wishful thinking which only ends in nonsense. Bitcoin may not be better in terms of technology compared to many altcoin projects that have emerged lately, but the market capacity and investor confidence that has been formed for quite a long time is difficult to remove. That is why, only projects that have the strength and commitment to continue to develop their products are able to survive.

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cryptofan55 (OP)
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November 06, 2019, 09:57:54 PM
 #23

The fact is, achievements that have been seen are more desirable than wishful thinking which only ends in nonsense. Bitcoin may not be better in terms of technology compared to many altcoin projects that have emerged lately, but the market capacity and investor confidence that has been formed for quite a long time is difficult to remove. That is why, only projects that have the strength and commitment to continue to develop their products are able to survive.
Of course many project make a lot of promises and most will not deliver, but still I am wondering if Bitcoin can scale and be what people want it to be. If the technology is too old and will not work at big scale, it may stay as a store of value or fade away when better technologies arise.
I see that a lot of people invest and believe in bitcoin, but I just don't see how it will work in long term, for anything else than a store of value.(which may still keep it very expensive)
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