Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: emma.lee1890 on December 01, 2018, 05:46:10 PM
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The whole market follows and depends on Bitcoin, thus Bitcoin can't pump unless something new happens. The word on the street is Bitcoin is a dead project. Will BTC death free all the markets or will BTC take down everything with it. Do people really believe that Bitcoin has a demand from institutions with all the manipulation and no adoption going on? How do we get all the norms to demand the supply and get a bull run going again?
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until now bitcoin is still used, everyone can still believe that bitcoin can change something surprising. we only need to follow the flow of bitcoin and its development. I am sure there are changes from year to year.
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I think according to him, bitcoins were to be mined by specific computer software and hardware. After mining, the currency would be transferred directly from one user to the other without any intermediary. This movement of bitcoins would then be recorded in a tamper-proof public ledger.
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The conclusion is:
1. If Bitcoin dies and no one buys, altcoins can be an alternative for people around the world for the cryptocurrency market.
2. Bitcoin cannot be reduced and cannot be added to the supply of coins unless there is HardFork.
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Based on a technology known as blockchain, Bitcoin exists as ledger entries across a distributed, decentralized computer network with no central authority or government overseeing it.
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I absolutely feel curious who said that Bitcoin is a dead project. It is so funny. Bitcoin is the most trusted cryptocurrency. This is the most used for utility in the world because it is available to be used in some transactions. Bitcoin is also very worthy although it is volatile. However, to say this is the dead project, I think it is too ridiculous.