12-09-2017, 12:06 AM
(This post was last modified: 12-09-2017, 07:50 AM by JackOfHearts.)
I !think bitcoin have the potential to go very high if every goes for it.
There is just one caveat though, the fees problem:
https://bitinfocharts.com/comparison/tra...c-eth.html
I think Etherum could be better on that one, at least they aren't as bad for now. When I was transferring my coin from different exchanges I wasn't using bitcoin, I was using Etherum or litecoin as the fees are much better.
I think due to congestion on the network Bitcoin may actually fail at some point, I think there is a little risk here.
If mass adoption comes I don't see bitcoin with the biggest potential as fees are just impossible on small transaction, even Etherum is not good enough for very small transaction. This rating done of the volume exchange on 24h is quiet revealing in my opinion:
https://coinmarketcap.com/ (just click on the "volume 24h" to have it)
Today Litecoin is 2nd as there has been some congestion on etherum the past few days.
There is a lot of competition, IOTA for example is trying to create blockchain "without mining" like many other. If it works maybe the crown will switch.
There is a lot of good project out there that could beat Bitcoin on the long term or when something dramatically change (mass adoption of crypto)
And there is electroneum too
the wallet is going live next week.
I have invested a little bit in TRON (TRX) I read their project it seems to have some very good potential, they have a very good team it seems and very good partners.
IOTA seems very good too but it seems too big already (marketcap) though there is still a lot of growth possible long term wise.
There is also Cardano.
One thing is sure to me, Blockchain technology will last no matter what, if newspapers don't tell it's the next big evolution they are just lying or are too dumb to realize it.
If Bitcoin fail, another will take back the crown and for normal users it won't a problem, for banks it will be. Normal Banks are facing the biggest threat today and they aren't going to kill that one, no matter the amount of manipulation used in the Media, at best they can create their own blockchain to compete which seems to be what Ripple is.
In the bigger picture this should be profitable for everyone except banks.
There is just one caveat though, the fees problem:
https://bitinfocharts.com/comparison/tra...c-eth.html
I think Etherum could be better on that one, at least they aren't as bad for now. When I was transferring my coin from different exchanges I wasn't using bitcoin, I was using Etherum or litecoin as the fees are much better.
I think due to congestion on the network Bitcoin may actually fail at some point, I think there is a little risk here.
If mass adoption comes I don't see bitcoin with the biggest potential as fees are just impossible on small transaction, even Etherum is not good enough for very small transaction. This rating done of the volume exchange on 24h is quiet revealing in my opinion:
https://coinmarketcap.com/ (just click on the "volume 24h" to have it)
Today Litecoin is 2nd as there has been some congestion on etherum the past few days.
There is a lot of competition, IOTA for example is trying to create blockchain "without mining" like many other. If it works maybe the crown will switch.
There is a lot of good project out there that could beat Bitcoin on the long term or when something dramatically change (mass adoption of crypto)
And there is electroneum too
the wallet is going live next week. I have invested a little bit in TRON (TRX) I read their project it seems to have some very good potential, they have a very good team it seems and very good partners.
IOTA seems very good too but it seems too big already (marketcap) though there is still a lot of growth possible long term wise.
There is also Cardano.
One thing is sure to me, Blockchain technology will last no matter what, if newspapers don't tell it's the next big evolution they are just lying or are too dumb to realize it.
If Bitcoin fail, another will take back the crown and for normal users it won't a problem, for banks it will be. Normal Banks are facing the biggest threat today and they aren't going to kill that one, no matter the amount of manipulation used in the Media, at best they can create their own blockchain to compete which seems to be what Ripple is.
In the bigger picture this should be profitable for everyone except banks.
