Topic: seems like bitcoin is too slow to progress - page 3. (Read 679 times)
Why does new projects and developments translate to that crypto being adopted more? Isn't it not? More often than not this is how crypto devs will try to fool you with their visions, new developments, and roadmaps just for you to think that their project is promising but at the end you won't see these cryptos that they are promoting having no real world us in terms of it being a currency. Look at XRP now where you will see dozens of partnerships with big companies yet you will fail to see it being accepted as a payment more compared to Bitcoin. At least with Bitcoin we have a chance of it being use more with its global presence as well as companies starting to shift their heads with Bitcoin I know that in the future Bitcoin will be a widely accepted currency as payment.
If that's what you think about bitcoin, you can make your portfolio cut for altcoins with a larger portion. You talk about how centralized the exchanges are but boasts about Defi of Ethereum. As you know, Ethereum is semi-centralized so that doesn't make sense to compare it bitcoin.
We will remain having our biggest share to bitcoin although we'll also invest to some altcoins like Ethereum because I also think that it's a good crypto. Regarding the comparison of yours, IMO is inappropriate.
We will remain having our biggest share to bitcoin although we'll also invest to some altcoins like Ethereum because I also think that it's a good crypto. Regarding the comparison of yours, IMO is inappropriate.
That is because bitcoin was created too early. 
What updates are you looking for?
It was almost made in perfection. The actual problem is the usage and not updates.
If merchants will just try to think out of the box with their payment option then you will see it everyday in stores just like VISA and Mastercard posted in their booths.
It's just a manner of time.
What updates are you looking for?
It was almost made in perfection. The actual problem is the usage and not updates.
If merchants will just try to think out of the box with their payment option then you will see it everyday in stores just like VISA and Mastercard posted in their booths.
It's just a manner of time.
guys, in bitcoin literally nothing happens if we compare with defi on ethereum. User experience and possibilities there (lending, dexes, pools and so on) are so far ahead.
the idea of 21kk bitcoins is out of date, no fresh ideas, no fresh blood in devs. And also absolutely centralised infrastructure around (exchanges). Lightening is fucked.
Bitcoin is one more tool for snx traders. And its price goes exactly according to s&p500. I hardly see reasons to hold the biggest share of my portfolio in bitcoin. Maybe I missed smth, help to get it. Thanks!
the idea of 21kk bitcoins is out of date, no fresh ideas, no fresh blood in devs. And also absolutely centralised infrastructure around (exchanges). Lightening is fucked.
Bitcoin is one more tool for snx traders. And its price goes exactly according to s&p500. I hardly see reasons to hold the biggest share of my portfolio in bitcoin. Maybe I missed smth, help to get it. Thanks!
When I started reading your post, I thought you were genuinely concerned about the developments of Bitcoin but in the end I realized your concerns are solely related to market value of Bitcoin. If that's the case then you are very wrong to believe that coins like Ethereum have dynamic and organic market just because there are lots of developments going around them. Conversely, any cryptocurrency other than Bitcoin is much more subject to market manipulation. Prices of altcoins hardly depend upon the ecosystem and developments. Rather these are manipulated by the large holders especially since the derivatives have been introduced in crypto market.
Holding Bitcoin is still very profitable due to two reasons, first because most of the market swings of Bitcoin are organic and are the result of genuine market demand/supply. Second, Bitcoin is broadly considered as currency and investment. That's why it doesn't require much developments and releases like other coins. But still there are many companies like Blockstream which are creating great solutions around Bitcoin ecosystem.
guys, in bitcoin literally nothing happens if we compare with defi on ethereum. User experience and possibilities there (lending, dexes, pools and so on) are so far ahead.
This is a bad comparison. Defi are projects on top of the ethereum blockchain and there's no smart contract on the bitcoin blockchain. If you want to compare, check the activities on github (bitcoin / ethereum). I hate to make a comparison but between the two, it seems development on the ethereum blockchain is slower. Just look at how long it's taking to finalize ethereum 2.0 IIRC, they started working on it around 2018.
Meanwhile, two major developments on the bitcoin blockchain are underway (Schnorr signature and Taproot). They could be deployed this year or next year.
guys, in bitcoin literally nothing happens if we compare with defi on ethereum. User experience and possibilities there (lending, dexes, pools and so on) are so far ahead.
the idea of 21kk bitcoins is out of date, no fresh ideas, no fresh blood in devs. And also absolutely centralised infrastructure around (exchanges). Lightening is fucked.
Bitcoin is one more tool for snx traders. And its price goes exactly according to s&p500. I hardly see reasons to hold the biggest share of my portfolio in bitcoin. Maybe I missed smth, help to get it. Thanks!
the idea of 21kk bitcoins is out of date, no fresh ideas, no fresh blood in devs. And also absolutely centralised infrastructure around (exchanges). Lightening is fucked.
Bitcoin is one more tool for snx traders. And its price goes exactly according to s&p500. I hardly see reasons to hold the biggest share of my portfolio in bitcoin. Maybe I missed smth, help to get it. Thanks!
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