Viewing a response to: @parlament/thought-will-bitcoin-worth-usd1-000-000-yes-and-here-s-why
You're assuming that Bitcoin isn't supplanted by another cryptocurrency with more desirable characteristics. Many people believe the developing fee market and reluctance to raise the block size will ultimately result in Bitcoin being hoarded for investment purposes, while another crypto with faster confirmation times and lower fees will take over for daily use.
| post_id | 203,622 |
|---|---|
| author | tarindel |
| permlink | re-parlament-thought-will-bitcoin-worth-usd1-000-000-yes-and-here-s-why-20160722t200243774z |
| category | bitcoin |
| json_metadata | "{"tags": ["bitcoin"]}" |
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| root_title | "THOUGHT: Will Bitcoin Worth $1.000.000? Yes, and here's why" |
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Hi tarindel, Bitcoin wouldn't supplanted by another cryptocurrency!
| post_id | 203,751 |
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| author | parlament |
| permlink | re-tarindel-re-parlament-thought-will-bitcoin-worth-usd1-000-000-yes-and-here-s-why-20160722t201256684z |
| category | bitcoin |
| json_metadata | "{"tags": ["bitcoin"]}" |
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| root_title | "THOUGHT: Will Bitcoin Worth $1.000.000? Yes, and here's why" |
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I would just like to add to this thread, that as of right now, Bitcoin seems to have an insurmountable network effect. Plenty of better technology has failed because of network effect. Think of Beta and VHS.
| post_id | 204,161 |
|---|---|
| author | kareemaudi |
| permlink | re-parlament-re-tarindel-re-parlament-thought-will-bitcoin-worth-usd1-000-000-yes-and-here-s-why-20160722t204126240z |
| category | bitcoin |
| json_metadata | "{"tags": ["bitcoin"]}" |
| created | 2016-07-22 20:41:27 |
| last_update | 2016-07-22 20:41:27 |
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Thank you)
| post_id | 204,959 |
|---|---|
| author | parlament |
| permlink | re-kareemaudi-re-parlament-re-tarindel-re-parlament-thought-will-bitcoin-worth-usd1-000-000-yes-and-here-s-why-20160722t212639274z |
| category | bitcoin |
| json_metadata | "{"tags": ["bitcoin"]}" |
| created | 2016-07-22 21:26:39 |
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