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Betamax and V2000 were better than VHS, still the Network-effect of being most-used won. Also, innovations like Segwit and Lightning keeps Bitcoin ahead or on par. There's work on privacy innovations as well.

Bought Bitcoin in 2013, I'll never ever part with it.

And here it's completely debugged:

Cryptocurrencies are useful for payments that are very large, very small, very fast, very international, or very automated (so not so much for average amounts like buying a cup-of-coffee). Although (we have to admit) currently the "very small" doesn't work anymore (just too popular). But that...

This can become an interesting thread... About the miners: Normally, miners are incentives-followers (not the price setters). Meaning that they will point their miners to what ever coin they can earn more (and do this even completely automated in real-time). But in this case, the situation...

I'm afraid you are misguided about "BCH fundamentals". It's no match for BTC (with Segwit and Lightning). But I'm a bit uncomfortable with the November 2x Hardfork. That chaos can give BCH a provisionally upswing (as safe-haven) until the dust settles and market will decide which of the 3 coins...

Sarcastic? Anyway, it's for free (I already made it). By the way: I keep holding both: BTC + BCH. Until end of year, then decide which one to dump.

Miners get fees per transaction as well. So when the block-award will go (in the next 124 years) to zero, the number of transactions will rise as well as the bitcoin prize and so the fees. There will always be some equilibrium that the amount of block-awards + fees, will be economically valid...

You find answers in this thread: https://www.elitetrader.com/et/threads/best-place-to-trade-cryptos.311311/#post-4487746

Indeed, I would be very worried if Gartman jumped on the Bitcoin train....

Nothing wrong about trying to trade it. It's good to have some additional liquidity. But be very cautious to Short it, as the forces are up for 9 years already.

And in 2013 I said it's an invention worth a nobel-price. Said it would be worth $7000, at the moment it was still $100. And now after being in this crypto-scene for 4 years I'm even more optimistic that this will never go away. Just like the car replaced the horses, the television replaced the...

Well, I know a few. I also have family and friends in South Africa, Ukraine and Venezuela. And they convert every penny of their fiat into Crypto, for very good reasons. And why are you so angry? What have we done to you? ... or is it just jealousy?

I remember a discussion in 2013 when the community wanted to distinguish the difference between bitcoin the Currency, and bitcoin the Protocol (which later became the Blockchain). The first was written lower-case, the second with a capital. Both are OK to me, but certainly not "BitCoin". Funny...

Everyone who still writes Bitcoin as "BitCoin", hasn't any idea where he is talking about.

Then you still haven't understood why Segwit was THAT important to be implemented and released. Now we have Segwit into the Bitcoin protocol, we can finally release the already built second-layer on top of the blockchain. Now that Sidechains and the Lightning-Network can be released we will...

Well, luckily we have still 123 years to go... :sneaky: Also: we now have about 80 years of Keynes.. and see where that lead us to (incredible amounts of debts). Maybe it's time to follow the Austrian-school for the next 123 years. We might be better off.

Pfff... here at ET, we wrote about Bitcoin from 2011. Many post during the hypes in 2011 and 2013, just the same as now in 2017. And each time guys like you who didn't took some time to study and try to understand what enormous opportunity it really represented, but bashing it instead...

That scam-coin: "Onecoin" (nothing to do with real crypto's) has just been fined in Itally for 2.5 Mln Euro. https://www.reddit.com/r/Bitcoin/comments/6sz2zj/onecoin_fined_for_25_mln_euros_in_italy/?st=j67s1z8l&sh=70859359 Hopefully other countries follow soon.

The year 2020 will be an excellent year for the Hodlers.