Bitcoin has failed.
It costs up to $100 to send a small transaction, I find it hard to believe bitcoin hasn't dropped to $0 already. There will be a future crypto (I like Litecoin) but the future crypto is defiantly NOT Bitcoin. Its unreliable and is almost impossible to recover funds if they never confirm.
Im looking forward to bitcoin failing and something else taking over, im surprised im saying that as I hold a little bit of bitcoin, but I feel it has failed and nothing more than market hype and new comers are causing this price influx.
I would of course change my mind if the developers where actively doing something about this issue and keeping us informed, but it appears they are not. Lightning network has not been integrated, Segwit 1x is not used.
Despite us knowing bitcoin has scaling issues for years nothing has been done about it, and now it Is much cheaper and safer to send money via a bank transfer.
>Costs up to $100 to send a small transaction
That right there is enough for me to ignore your post but I'll take the b8 anyways because I feel like you have made this same post before. Same whining, different date.
I don't think you even understand why the market is in the state it is, sure it's because there's a lot of new people who are driving the value of Bitcoin up but the big factor is that the supply isn't growing at all within exchanges, most of the time it is shrinking and the HODLing is making the price gaps worse. This in turn drives the price up, causing more people to want to buy, adding to more transactions on the network, and so on and so forth. Once the bull runs stop for a while and we don't have anything significant within the community that impact the price we'll see a decrease in unconfirmed transactions and so on and so forth. It's aspects, which Bitcoin had from the beginning, piling up in a practical sense.