Thread: Money Bitcoin Take?
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Old 12-29-2017, 10:41 PM   #1082
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Quote:
Originally Posted by Taco John View Post
Bitcoin will always be around as a hobby horse for people, but it's a sinking ship because they have a fixed supply that will encourage bouts of inflation and subsequent deflation, and the high fees will eventually be the straw that broke the camels back. When you have to pay $40 bucks just to get $200 in bitcoins, you learn real quick, "**** bitcoin."

Ethereum, Cardano... and a privacy coin of some type. Maybe Verge. Something with a ton of supply. These will eventually be more popular than bitcoin, IMO.
Bitcoin does have a scaling issue, but with the lightning network coming (soon?) the transfer fees will work themselves out.

Part of the problem with transfer fees right now are all the spam transactions from Bitcoin haters to try to drive down the price.
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