Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: emma.lee1890 on October 25, 2018, 07:16:26 PM
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Just think about the possibilities, this will make look December 2017 like nothing.
Its incredible when talking with no-coiners, how they seem to not understand what will happen in the close future. Now they are like "i don't need bitcoin" and once the bull run is in full motion they will be like "i should have bought before".
Oh well i guess this is old news to the veterans here, but i still wanted to bring it here.
Also i am curious on what this will do to alt-coins like lite-coin, their strength is the faster and cheaper transaction. Bitcoin will have these strengthens then too.
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Bitcoin's Lightning Network has been hailed as the saviour of bitcoin transactions. It is the evolution of the Bitcoin Blockchain, which will provide instantaneous almost zero-free Bitcoin transactions. According to some Bitcoin experts;Lightning Network, after its complete adoption would form an authentic peer-to-peer decentralized payment system. Its speed will be at par or even greater than the current transaction speed offered by Visa and MasterCard. The Lightning Network will really unleash Bitcoins potential as a currency and will not just be used mainly as a store of value.
Originally, lightning network was specifically designed for bitcoin, but the technology is currently being developed for an array of other cryptocurrencies, such as Stellar, Litecoin, Zcash, Ether and Ripple.
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Technology is not enough, what makes it price is FOMO by the crowd. It takes a few years for bitcoin to reached a previous rally at a thousand dollar and got skyrocket through 2017. Only when it passes 20.000 dollars, we can see a new rally for bitcoin as well as some alt coins
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This technology will make the coin much more promising, but it seems to me that it will not give the necessary influence to the price, because I do not think that such news will attract many investors!