BTC and LTC in 10 years will be used all the same...

Andre@Krypt0 said:
Very easy to build a payment network on top of any blockchain, scaling payments is easy , scaling blockchain is not.
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Exactly my point. So why Bitcoin is the most valuable when it is the SHITTIEST payment network in cryptoland?

You see if value would keep jumping between old, obsolete and newer, better featured cryptos I would like it. In a normal world, value should recognize ability. Yet here we are, Bitcoin can't even handle that small Albanian village's payment needs.
 
Pekelo said:
Exactly my point. So why Bitcoin is the most valuable when it is the SHITTIEST payment network in cryptoland?

You see if value would keep jumping between old, obsolete and newer, better featured cryptos I would like it. In a normal world, value should recognize ability. Yet here we are, Bitcoin can't even handle that small Albanian village's payment needs.
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Bitcoin is a currency not a payment network. It will be matter of time before technology creates the payment network like VISA.
 
Specterx said:
The trend of companies which are not actually in the crypto or payments space placing corporate cash in BTC will ultimately be seen as a preposterous sign of faddish bubble excess - just as in 1980s Japan, when many companies jumped into real-estate speculation and for a time made a killing, at least on paper.

That said it seems like a trend which has much further to go, as so far the amounts are small. When SoftBank reveals that they've invested a quarter of their assets in BTC, it's time to cut and run.
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Okay possible but we are talking about right now and not about whenever it does become the bubble. And real estate is still worth something in Japan today even if prices did go down. S2007S is saying it will go to $0 repeatedly.
 
noddyboy said:
No paper currency has intrinsic value anymore. We went off the gold standard a long time ago. Maybe you missed the news.

With covid, no one wants dirty cash or plastic cards. This is why coin is rallying.

If Square or Paypal or Tesla puts their corporate balance sheets into bitcoin, there will be adoption. It is like everyone opening a facebook account. You can cry that you will never open one, but guess what, you are just one person. No one really cares. It is the masses that determine the value.
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You can keep thinking bitcoin will be a main currency and i will keep laughing hysterically. It will never be adopted by the masses. Its only once again being talked about because of its historical bull run of 2020, once it collapses people will once again run far away from adopting it as a means of currency. No one is going to go out and buy magical unicorn coins with greenbacks to hold in their virtual wallet to buy goods and services. Nope not happening.
 
S2007S said:
You can keep thinking bitcoin will be a main currency and i will keep laughing hysterically. It will never be adopted by the masses. Its only once again being talked about because of its historical bull run of 2020, once it collapses people will once again run far away from adopting it as a means of currency. No one is going to go out and buy magical unicorn coins with greenbacks to hold in their virtual wallet to buy goods and services. Nope not happening.
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I agree bitcoin will never become main currency, but I also think it will never die either. the main purpose of bitcoin is for money laundering and underground deals, etc, drug/weapon,etc.
 
S2007S said:
You can keep thinking bitcoin will be a main currency and i will keep laughing hysterically. It will never be adopted by the masses. Its only once again being talked about because of its historical bull run of 2020, once it collapses people will once again run far away from adopting it as a means of currency. No one is going to go out and buy magical unicorn coins with greenbacks to hold in their virtual wallet to buy goods and services. Nope not happening.
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Your argument frequently goes like this.
1) EVERY ONE IS A FOOL TO THINK STOCKS CAN GO UP 10% EVERY WEEK!!!!
2) THEREFORE STOCKS HAVE TO FALL -100% TOMORROW.

I never said main currency.
 
Pekelo said:
Exactly my point. So why Bitcoin is the most valuable when it is the SHITTIEST payment network in cryptoland?

You see if value would keep jumping between old, obsolete and newer, better featured cryptos I would like it. In a normal world, value should recognize ability. Yet here we are, Bitcoin can't even handle that small Albanian village's payment needs.
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Because it is a store of value. I used to pay my office rent in bitcoin. A mistake as I was paying $15,000 a month for a desk!
 
ZBZB said:
Because it is a store of value. I used to pay my office rent in bitcoin. A mistake as I was paying $15,000 a month for a desk!
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Exactly. At this moment if you HODL you get the store of value, in order to use for transactions a few things would need to happen first. 1. Low volatility of cryptos 2. Equilibrium of BTC and LTC and 3. LTC price increase to 1/4th of BTC
 
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