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RE: My Disappointment for the Crypto Community Has Reached a New Height.

in #bitcoin7 years ago

The fighting is not good, but it's often that the minority with the loudest voice gets mistaken to be the majority.
The way I see it, BTC spiked too much the last few months at the cost of other coins because a group of people saw an opportunity of free money with the 2 announced forks.
If you look at the BTC price today compared to 3 months ago, it still went up. Compare with one year ago and BTC made a huge gain.

My feeling is that those who made a bet on BTC Gold and Segwit2X are now jumping ship to BCC.
The rest is staying faithful to BTC.
My personal opinion is to let Bitcoin be Bitcoin. If you want fast transactions at lower cost, use Litecoin or one of the others. BTC is meant to be a value container, not a coin to buy a coffee with.
One of the problems is that a lot of exchanges still only accept BTC deposits to trade to other coins. I try to use ETH or LTC as much as possible instead of BTC for trading to altcoins.