You are viewing a single comment's thread from:

RE: Mike Novogratz says Bitcoin won't approach $20k again for 3-4 months, I think he's wrong

in #bitcoin7 years ago

I'm cautioning everyone I know to keep most of your portfolio out of bitcoin. Why? It's already a dinosaur. The first massive use of the network clogged it up, just like it's designed. It's slow, it's expensive and after paying someone $5, they know exactly how much btc you have in your wallet. Not exactly ideal.

The drop in bitcoin was matched by a surge in coins which have more privacy, much more capable networks and significantly quicker transaction times. Bitcoin is showing it's first signs of death, right as it looks like it's hitting prime time.

Hey BTC developers... what's your response to fix Bitcoin?