bitcoin will never ever go up again
ok, you really think that after 9 years of wild up- and downswings, this time bitcoin will never recover?
the reasons are:
1. technologically outdated, there are better and faster tech basis available, why by bitcoin when its price rise nimbus and hype is gone, and its tech is outdated? do people still buy iphone 1s or old mobile phone?
bitcoin is a software protocol that can and will improve. the only reason it needs to scale is its overwhelming success. if no one uses your beloved altshitcoin, of course it is at the moment faster and cheaper (but WAY less secure). so which are the "better and faster tech"? and what will happen if that "tech" gets adopted? it will run into the same problems as bitcoin does currently. what makes you think other protocols will not run agains the same problems of scaling?
furthermore you compare outdated hardware (iPhone) with software, which seems inappropriate.
2. still high costs
the costs are not high at all, mempool is empty (and was full because of spam attacks carried out by the wide array of bitcoin enemies. there are enemies from outside the crypto space (banks) and inside (altcoin fanboys). be aware that if the outside enemies succeed to bring down bitcoin, they will also succeed to bring down your altshitcoin.
segwit works and the effect is already noticeable. what high costs are you referring to?
3. slow.
all my transactions in the last few days got into the next block easily. just a few minutes. what are you talking about?
lightning is coming and it will speed up transactions big time.
3. propagandistic competition, there are more than 1500 coins now, that challenge communist rule via central banks, the original small bitcoin community is gone an entire new decentral financial market is now in existance
correct. the cultist fanboys of the 1500 shitcoins want to get rich quick. the altcoin devs didn't think it would be better to develop and push for side chains or additional layers of the bitcoin-protocol. no, better start your own coin and tell everyone "bitcoin is old, slow, expensive outdated - buy OUR new shitcoin because of ... it makes us rich and you will end up holding bags of shitcoin."
you fell for this propaganda and now you even spread it yourself like a mindless parrot.
bitcoin is running and working since 2010. no downtime. constantly attacked 24/7, every second. the altshitcoins are NOT working. they are ideas, plans. no one uses them. no infrastructure. no widespread adoption, just greedy folks wanting to make a quick buck. of all those 1500 shitcoins, please name me ONE real life use case that that shitcoin is needed for. oh wait, there is ETH, it has a real use case. which is to create more altshitcoins via ICO scamming. wow, great use case.
and the rest? what exactly can I do with cardano? who is using it? ripple, anyone? iota?
I cannot comprehend how so many people can fall for this shit, does does not work, does not do anything - is only a promise.
bitcoin was faced with merciless criticism and doubt by a very alert community from day one - but it was running and could be tested out. altcoins are not faced with anything like that. they are mere ideas and mostly scams.
if you do not believe in bitcoins future I advise you to leave your propaganda in the forums of your shitcoin and not in a
bitcoin forum.
if I think motorcycles are outdated, why on earth would I log into a motorcycle forum and tell them motorcycle fans that their tech is not going to make it?
so, farewell and goodbye.
