Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: sirty143 on April 17, 2020, 10:47:24 AM

Title: Crypto Analyst Cautions Investors Against Bitcoin for 3 Key Reasons
Post by: sirty143 on April 17, 2020, 10:47:24 AM

(https://images.cointelegraph.com/images/740_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kNmRiN2EzNDA0ZjIwOTQyMDIyMmM5MTFiZjdjMjkxMy5qcGc=.jpg)

One cryptocurrency analyst known as cryptocomicon recently laid out a series of compelling reasons why one should not invest in Bitcon... See more for yourself here (https://cointelegraph.com/news/crypto-analyst-cautions-investors-against-bitcoin-for-3-key-reasons).

Your opinion is greatly appreciated.

Title: Re: Crypto Analyst Cautions Investors Against Bitcoin for 3 Key Reasons
Post by: Fenix on April 20, 2020, 08:05:58 AM

The lack of complete confidentiality and the centralization of bitcoin mining are not, in my opinion, the reasons that can serve as a reason for people to refuse to invest in bitcoin. But the low scalability of bitcoin is really a serious reason why investors in the future can switch to using another cryptocurrency. Cryptocurrency should have speed and cheap transactions, as well as be convenient to use. Without this, any type of cryptocurrency, including bitcoin, will eventually be abandoned by users.