BITCOIN IS DEAD AGAIN

in #news7 years ago

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Today, Bitcoin is declared to be dead again as BitcoinCash is surging so high into the atmosphere as many people are expressing their complaints on Bitcoin's astronomical transaction fees and questionable speed. There is a movement right now in the market expressing a big dismay or disappointment on Bitcoin as this is not the Bitcoin that we are supposed to have. Bitcoin enthusiasts are recognizing this problem and hoping that soon the problem can be given adequate and acceptable solutions. Have you already said your goodbye to Bitcoin and hello to BitcoinCash? Do you think the Lightning Network does have the chance to save Bitcoin even temporarily?......

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I do think the lightning network would be helpful but i don't see bitcoin doing too bad without it either .People are starting to think of Bitcoin as gold 2.0 and i think simply because of that it may not even need lightning network to stay as for the current price movements this is extremely healthy for bitcoin in the long run .Bitcoin is actually going through a healthy correction,here's a post where i try to technically breakdown what's happening with bitcoin currently. https://steemit.com/bitcoin/@jsonkidd/btc-technical-analysis