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RE: BTC Testing $16,000 - Bitcoin Crypto Market Losing "Dominance" Not a Bad Thing?
I think Bitcoin has an infighting problem that needs solving before another price jump.
I think Bitcoin has an infighting problem that needs solving before another price jump.
^ this. The Bitcoin community is schismatic right now. It wont be able to push back up again until people are willing to get back on board. Sadly I don't think its ever going to happen. Lightning network is not a viable solution and there are too many other alt coins out there.
BTC is done moving up. And if it does move up it will take a pretty big force to do it.
For a while now I feel like btc is pumping on dumb money rather than principles, tech or actual implementation. I think bch being listed on Coinbase triggered a lot of dumb money to look into what they were buying and they either got spooked or are going into top 5 level alts now.
Yeah that is what I am imagining is happening too.