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RE: Bitcoin crashes to prices not seen since... Just 2 weeks ago!

in #cryptocurrency7 years ago

a lot of people did their first actual research of what btc is and it's limitations over the last month, and were all waiting for a price dip to either diversify or take profits.

the question is, will there be another boom cycle and i believe there will be.

what i find fascinating is btc's resilience against its own limitations, in a way this was a huge stress test, transaction times to 24+ hours?

transaction fees $15 yikes, that is almost as bad as banks lol amirite? how did we get here?

then they learn that other cryptos a. are tied to usable upgraded apps like steem b. designed to handle more transactions/sec and c. less than $1

either way going forward we got the two things crypto really needs, volume growth and blockchain uptime.