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RE: How much of a future does bitcoin have with $16 transaction fees?

in #bitcoin7 years ago

That's why the market percentage of Bitcoin trading is lowering rapidly.

I predict Ethereum a really good future, because of its' good infrastructure and use even outside of cryptocurrencies.

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I saw that it is down to about 32% now, one of the lowest levels I have seen.

Ethereum is also struggling with capacity issues right now as it cannot cope with high transaction numbers. If you want high numbers of transactions, look to EOS, bitshares and Steem!

Etherium is actually doing quite well,
https://coinmarketcap.com/currencies/ethereum/
Ethereum (ETH)
$1,415.42 USD (12.97%)
Bitcoin fees are crazy high, EOS is the other one to watch.

Utility is the name of the game in the future of Crypto. Bitcoin is a little like voodoo money where the price is purely based on speculation. Steem and Ethereum have a lot of application utility beyond currency speculation.

Ether is too big to fail at this point, hundreds of tokens are built on its platform. It will be the Alt-coin that dethrones Bitcoin.

I really want bitcoin to succeed, but it has to change :/

It did but the 1MB was kept going on a fork called Bitcoin-Core. The real Bitcoin is Bitcoin Cash.

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