Topic: Bitcoin. Time is running out - page 3. (Read 631 times)

We need coin for micro transactions and bitcoin isn't one any more.
Hopefully lightning network should this solve problem...
Will face the same thing, high fees - slow transactions.
Bankers coin. Don't like it, won't use it and won't support it.
Now this is something which I have been watching lately, I honestly think among all altcoins stellar has biggest potential but it is far away from replacing bitcoin.

From around 2013 to 2014 there was a lot of hard work trying to get merchants and others to accept bitcoin. I remember euphoric posts on this forum when Overstock enabled bitcoin and when Steam and Stripe did it too.

We still have Overstock, but Steam and Stripe have dumped bitcoin. Unless we can get them back (and encourage other merchants to enable bitcoin) then bitcoin is dead as a payment processor.

An alt will take it's place, but am not sure which one yet. (It won't be Ripple).

Started out sensible but then you list Stellar and cant take it seriously.  Nothing against the coin but its near 20x smaller, thats too large a gap to make up unless Bitcoin crashed. Neo and frankly Bitcoin Cash have more credible chance of over taking Bitcoin.

A lot is made about Ripple, and the use by banks.  I think there is some misinformation, article by Bloomberg noted some banks are only testing Ripple and looking at RippleNet (or similar) which is from the same team but not using Ripple token.  Ripple will not take over from conventional inter-bank transfers without regulatory approvals, but they could do conventional transfers over RippleNet.  We need to be very cautious about the news from this area that may confuse these.

Ethereum need about 65% rise to overtake Bitcoin, so thats quite a realistic scenario.

I note also the Bitcoin dominance is 33.5%, only 1/3 of the market.  Change is afoot.

time is running out I think the exact time to buy a bitcoin is the new currency, bitcoin this year 100,000 dollars of flowers .

I fail to understand, why Bitcoin is not trying to solve slow transaction issue, miners can confirm more transactions with less fees, which will increase their earning. Bitcoin traders will also be happy.

If Bitcoin refuse to improve, it will be left behind like Dinosaurs.

You've listed some good and promising coins here but I wouldn't go so far to say that Bitcoin's time is running out. Insane transaction fees are not always there. Right now, for example, you can pay $4 for your transaction to be confirmed within 30 minutes or you can pay only $0.5 and it will be confirmed within 2 hours. I know they can be high again but I'm sure this issue will be resolved one way or the other in the future and Bitcoin will remain number one, as always.

Bitcoin still the King in the crypto world for long time.

Apple and oranges.
Bitcoin is trully revolutionary, if you compare bitcoin to ripple, sorry but you have no idea about technology behind this inventions.
Bitcoin is most stable/safe currency out there. Its slow because of that, but security is more important than anything else here. Don't worry about bitcoin, its best store of value in the world.

Ethereum is just experiment, and ripple is centralised garbage.

Problems with the time for processing a single transaction, and sometimes even a complete denial of the service of small transfers made the investors look for an alternative. As a result, the capitalization of individual crypto-currencies has increased several times. At least 3 crypto-currencies today have high chances and real tools to outstrip bitcoin by capitalization in 2018.

1.Ethereum
The ethereum, like BTC, uses blockchain technology as its main core. Therefore, like traditional crypto currency, it is decentralized and perfectly suited for anonymous financial transactions. Capitalization has increased more than 100 times a year

In addition to the technology of smart contracts, which enabled ETH to increase the speed of transactions, the creators of Ethereum offered to use their platform for various ICO-projects. Crypto currency is seriously interested in representatives of various industries and individual governments. Given all this, there is a real chance that the capitalization of the Etherium in 2018 will exceed the total cost of the BTC.

2.Ripple
The main impetus for the growth of the crypto currency was received only in mid-2017. XRP actively began to increase its own capitalization at the expense of new investors amid news about the rapid integration of service with such giants as American Express and Banco Santander. The main advantages of Ripple are low commissions and instant transactions. According to XRP developers, the average time per operation does not exceed four seconds.

3.Stellar
Developers of XLM have managed to combine the best in the one crypto currency that is known to the digital market in January 2018. Like Ripple, Stellar offers its investors the fastest transactions: from two to five seconds. But, like Ethereum, XLM decided to provide its platform for ICO developers. But unlike ETH, the emphasis is not on the financial sector, but on transnational companies. In October 2017, IBM announced the collaboration with Stellar.

The probability of this event is high, but is not 100%. How do you think the bitcoin will give up its positions or not and how will everything happen?