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RE: Bitcoin Dumps to $3600... What now?
Bitcoin is done. Transaction time is unacceptable and there are too many new options that work better. The only thing that is keeping it going is all of the new uninformed investors that have been pressured to buy by their brokers. ETH is a much brighter future than BTC
People who focus on transactions times are going to have a bad time one day when a trusted party goes rogue on the network. Bitcoin was never about transaction times. It was about trust less consensus without a third party intermediary.
Bitcoin had its ideals in the beginning and so did Dogecoin. What once was a nerdy novelty has now entered the mainstream of investing. The masses of uneducated people who want into crypto want it now and want it fast and bitcoin is considered outdated.