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RE: HODLERs can be uninformed Morons. Do you understand you are NOT buying lottery tickets??

in #bitcoin7 years ago

You obviously have to reevaluate your portfolio. However, top investors do that on the scale of decades, not days or weeks. I no longer believe Bitcoin can be on top in 10 years so I do not own any.

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Agreed again. Innovation in BTC is too slow, and governance is so ffff'ed up that it will never be able to keep up. On top of that SHA2 will be cracked within 10 years, and that is the end of BTC as we currently know it.

Seems like close to a certainty that BTC either won't exist in 10 years, or it if still does it will be a minor novelty. Kinda like AOL.COM has been over the last few years.

"Innovation in BTC is too slow, and governance is so ffff'ed up that it will never be able to keep up."

Agreed. Not sure if it will be cracked but at the very least PoS and more energy efficient algorithms will start to take over. Also, I believe a zero-fee protocol will win.