Why Bitcoin isn't the future!
Lets first be clear about something i do like and believe in cryptocurrency. The problem is the techonology behind Bitcoin but we will get to that in a minute. Lets compare telephones with cryptocurrencies. Nokia created a great phone around 2002, but within a couple of years the techonology was outdated. Techonology is advancing really fast and that is actually what is happening with Bitcoin. It is outdated!
Why is bitcoin outdated?
First things first Bitcoin was created in 2009 by satoshi nakomoto. 2009 is a really long time ago if you put this in perspective of techonology revolution. Would you buy a 9 year old computer if there are better alternatives? Exactly, so why would you invest in Bitcoin with the old technology behind it. There are so many better versions of bitcoin with better technology behind it. Bitcoin is a hype created by the mainstream media and it cleared the road for other currencies to grow. Recently everyone is buying a small amount of bitcoin just because of FOMO (Fear Of Missing Out). With this being said most people that buy bitcoin these days don't get what there is behind the coin. They don't understand the cryptos and just want to make some fast money.
These are most of my concerns and why i didn't bought bitcoin, but i did buy altcoins. For the simple fact i believe in the techonlogy. So i was gonna invest in this market i would sure as hell invest in the newest techonology.
Stay tuned to find out what my portfolio is!
Will also explain alot of cryptocurrencies!
Would like some discussion if you think i am wrong!
You are obviously not aware of the Lindy effect:
The Lindy effect is a concept that the future life expectancy of some non-perishable things like a technology or an idea is proportional to their current age, so that every additional period of survival implies a longer remaining life expectancy.
I am aware of that but i didn't metion it. Good to mention, but i only pointed out the negative things about bitcoin in this article. Because i see alot of postive things about bitcoin on steemit but you always have to look at the negative and the postive. Not just the postive
You got a 1.06% upvote from @postpromoter courtesy of @bartcardi!
DISCLAIMER: dropahead Curation Team does not necessarily share opinions expressed in this article, but find author's effort and/or contribution deserves better reward and visibility.
to maximize your curation rewards!
with SteemConnect
Do the above and we'll have more STEEM POWER to give YOU bigger rewards next time!
News from dropahead: Bye bye 25+ and 50+! Welcome 20+ 40+ and 60+!
I am into ETH right now. Not sure where the road of altcoins will take but it will hopefully be a fun ride.
no one knows. Its all speculative but that will eventually change if all the projects launch
hi
why you are shy bro,
send to me more fees such as 0.03, your writings are so good that you can increase your votes with full trust that you will reach reputation of 60 very fast
the more you help me by sending more votes the more you will be near 60 level
see a big example @ankarli in my wallet, she is daily sending many posts to me to be voted and she jumped from 39 to 58 in 1 month.
the more you send sbd the more my 53 pwer will help you
voted and resteemed by red rose
THANK YOU FOR WAITING ME TO BUILD UP MORE POWER - YOUR POST IS BEING UP VOTED NOW AND RESTEEMED.
I APOLOGIZE FOR THE DELAY
good work 0.025
come again
thank you
okay will send u some more next time.
Thanks for the compliment mate
Oooo yesss!
Tell us all about your alt-coin portfolio!
I'm so interested in alt-coins it's not even funny.
Am looking for the best ones out there!
Any advice or thoughts you have I will happily read and upvote and send to friends to read! :)
Great to hear!
Keep tuned portfolio's will be discussed in upcoming posts!
@originalworks
The @OriginalWorks bot has determined this post by @bartcardi to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
xvg is looking to take the spot
XVG will take time to rise in the market.I don't think it can take place of bitcoin.
Depends fully on the marketing
This post was resteemed by @steemvote and received a 33.34% Upvote
Very interesting!
Merry Christmas!
. Kindly check out my Christmas post too. It would be great to hear you say something about it and even upvote it https://steemit.com/minnowsupport/@basonrich/seven-keys-to-having-a-magical-christmas-ever-20171225t43634139z
And
https://steemit.com/christmas/@basonrich/reach-out-now-now-is-the-time-20171224t223616623z
No problem would love that too here and a upvote ;)
This post has received a 1.68 % upvote from
thanks to: @bartcardi.
For more information, click here!!!!
Send minimum 0.010 SBD to bid for votes.
The Minnowhelper team is still looking for investors (Minimum 10 SP), if you are interested in this, read the conditions of how to invest click here!!!
ROI Calculator for Investors click here!!!
This post was upvoted and resteemed by @resteemr!
Thank you for using and supporting @resteemr
@resteemr is a low price resteem service.
Check what @resteemr can do for you. Introduction of resteemr.
a very good post.
how do you think about bitcoin that the end of this always down the price,
and what is your opinion or your prediction about bitcoin in 2018?
This post has received a 0.53 % upvote from @buildawhale thanks to: @bartcardi. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.
To support our daily curation initiative, please vote on my owner, @themarkymark, as a Steem Witness
Thank you @bartcardi for promoting this post together with https://steemit.com/budget/@jerrybanfield/introducing-steem-budget-proposals
This wonderful post has received a @bartcardi 11.76% upvote from @hellowhale. Discord Channel: https://discord.gg/XG4y3mg Be sure to vote for witnesses at https://steemit.com/~witnesses
This post has received a 1.55 % upvote, thanks to: @bartcardi.
@bartcardi 2.70$ added
Congratulations @bartcardi! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP