Is The Scaling Debate Hurting Bitcoin? (cryptocoins news)
But, while the growth in popularity of Bitcoin, and blockchain technology as a whole, has been nothing short of explosive, the accompanying scaling row has become painstakingly slow and turgid by comparison. So much so, in fact, it could now be seriously affecting Bitcoin’s development, threatening its status as ‘Crypto King’, and giving other currencies and technologies the opportunity to accelerate their expansion ahead of it.
Continue reading at cryptocoins news: https://www.cryptocoinsnews.com/scaling-debate-hurting-bitcoin/
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The market is not anymore afraid of the August 1 thing and this is not anymore reflected in the current value of the cryptocurrency though there was that technical correction days ago. The feeling right now is that all Bitcoin stakeholders are already looking for that day and beyond when finally the long-debated problems can already be given remedies if not ultimate solutions.
The future of the cryptocurrency remains to be with the certified King of the Hill and all the other coins are still considered as alternatives (well, even Ethereum for that matter). Bitcoin as the first and the original will always be the leader until such time that we, the people, will stop using and buying Bitcoin since it is all about market, anyway.
Come what may, Bitcoin is Bitcoin and it will finally be soaring and roaring days from now.