I been over this noobs..
Price means sweet fuck all.
Is a rising ponzi / pyramid scheme "legit" or alive or good ?
Seriously you are THAT dumb people.
Forever you all insist that a coin is successful etc via the market price data.
When in actual reality it means nothing at all what so ever.
The OP here is correct.
BTC is dead.
It's failed.
Unless drastic changes are made it's in a very serious precarious position.
Let me put it this way..
Anyone holding a small amount of BTC won't move it or risk taking a large penalty.
As a "currency" it has in fact failed miserably.
And your favorite Altcoin with the same user base moving coins with it would suffer as well.
I don't think people realize how it used to be vs how it is now with BTC.
It just gets worse & worse.
- It's now more complicated to move money. (a user now has to figure out why their TX isn't moving and then be mocked for not paying a high enough TX fee by BTC assholes)
- It costs a whole lot more than it did in 2013 for example.
- The wait times are simply unacceptable.
If BTC was launched now as an ICO which you all claim is REQUIRED.
It would be laughed off the forum as a stupid failure.
But yeah i have been pointing out the obvious to idiots here for years.
You are blind profiteers.. you are so obsessed with profits you see nothing else.
Market price of a coin is irrelevant.. everything else about it matters.
The most important thing is USAGE and adoption.
3% growth ?
Yeah duh.. there is a surge of shitcoin ponzi aficionado's running in here.
AND they need to buy Bitcoin to buy retarded shitcoins for ROI's.
That is what is fueling BTC's rise here.
I find it amusing we see dipshits say ETH will replace BTC soon.
Only problem is you need BTC to BUY Ethereum scam ICO "fuel tokens"
A rather large paradox no ?
Like i just said.. you all aren't too fucking bright
What would you all do here with out me ?
PS:Interac eTransfer costs 50 cents to move money.
Supported in more places than BTC and is instant.
Yup ..BTC failed big fucking time !