Bitcoin will soon be Replaced by a Better Digital Asset. Read this before It's Too Late!!steemCreated with Sketch.

in #bitcoin7 years ago

Bitcoin has always dominated the Cryptocurrency Universe, thanks to its Network Effects and 1st-Mover Benefit.

btc dominance.jpg

But, it might soon Lose its 1st Position and its Market Dominance, if a Scalable Resolution is not Achieved Sooner, says Erik Voorholes!!

shapeshift ltb network.jpg

Who is Eric Voorholes?

Eric Voorholes is the CEO at Shapeshift.

shapeshift.png

He recently appeared on Let's Talk Bitcoin and discussed with Co-Hosts Brian Fabian Crain and Sebastien Couture of Epicenter.

Scaling has been a point of Debate in Bitcoin Ecosystem for Past 2 Years. It is almost sure, that Bitcoin Network will finally get Long-awaited SegWit ( Segregated Witness) upgrade by August 1st.

scalibility.jpg

Other Thoughts by the Shapeshift CEO:

power of thoughts.jpg

  • He showed Support for SegWit2x Proposal.
  • Many Bitcoin Users are either unaware or are ignoring the Scaling Debate.
  • SegWit2x is the only Viable, Real Option to Moving Bitcoin Forward.
  • Segwit2x is Bitcoin's Short Term Scaling Solution.
  • SegWit2x will help Bitcoin come out of Misery Trough, but it might also create some Volatility.
  • SegWit2x Activation on Bitcoin Network might lead to a Rally in Bitcoin Price, never seen before.
  • This will let everyone refocus on building on top of Bitcoin as Base Protocol.
  • Bitcoin's Userbase is Huge, and much Larger than Bitcoin Community at Reddit.

You can See the Complete Interview on Youtube by Visiting link below:


Bitcoin Price in Last 30 Days:

btc price trends.png

  • Lowest Price in 3 Months: 2427.85 USD.
  • Highest Price in 3 Months: 3018.10 USD.
  • Price Today: 2502.11 USD.

Other Insights:

  • Hashing Algorithm: SHA-256.

  • Market Cap of $41,120,738,674.97. Huge, isn't it?

  • Official Page: http://www.bitcoin.org

  • Facebook Likes: 32583

  • Twitter Followers: 229544

  • Reddit Subscribers: 255928.0

  • Average Users Online at any point of Time: 3396.0 i.e. Huge. Right?


  • I would Love to Read your Reaction/Opinion on the same.
  • Please Vote Up/Comment/Resteem to spread the Love for Bitcoin and for @steem-god Blogging Style.
  • Feel Free to ask if any Queries :)
  • Follow Me @steem-god (Reputation Score: 42, Followers: 157, Steemit Age: 3 Weeks) :)

Note: I do a Great Research before making any Announcement about the Prices and Future of any Altcoin. Also, I Listen to Everyone, but I Trust Nobody. Listen to my Announcements, Do your Research based on it and Invest Wisely. Success shall be Yours :)

success for steem god.png

Sort:  

This post gets a 0.03 % upvote thanks to @steem-god - Hail Eris !

Coin Marketplace

STEEM 0.28
TRX 0.13
JST 0.033
BTC 62414.94
ETH 3019.57
USDT 1.00
SBD 3.58