HODLER here, this is exactly whats supposed to happen.

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1 BTC = $19248.21 USD  (via Coinbase)
1 ETH = $1302.51 USD  (via Coinbase)
1 LTC = $53.01 USD  (via Coinbase)
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Kryptous

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If you're a miner, a hodler, a spender/daily user, a trader, a technology enthusiast, a business, and/or ect. and you intend on using Bitcoin in any longterm capacity or in other words intend on using it for more than a few days or months. This is WHAT IS SUPPOSED TO HAPPEN!

AND we are on the same team!

If we can't agree on how to proceed with improving bitcoin and actually make it function, the market decides to lower the price. This makes us all want to do what we can to make bitcoin better or else we will lose more on our investment. This is our own fault if bitcoin crashes hard because of a consensus deadlock.

This is good because it will force us to make a decision one way or another. It will make us stronger or destroy bitcoin.

Bitcoin seems to have the healthiest market out of all the cryptos and no other crypto has seemed to solve scaling issues. They will all have issues with scaling and politics if they get big enough.

If the price surges upwards what incentive do people have to change? They are profiting by doing the same thing. If the price plunges then you have motivation to try and change things so that you can profit again. This is why the successful alts aren't just a copy and paste bitcoin code. They provide something more or different.

In my estimation bitcoin is still working as designed. If it doesn't work out it's unlikely any crypto will.

HODL or SODL, do what you think is best. Put your money where you think it will give you the most profit in the long term. Show the market what you think. Vote with your wallet. This will tell Bitcoin what you think of it and maybe Bitcoin will decide to change.

The game theory behind Bitcoin is why I believe so strongly in the potential success of our magic internet money.

submitted by /u/Psybawr
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $19248.21 USD  (via Coinbase)
1 ETH = $1302.51 USD  (via Coinbase)
1 LTC = $53.01 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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