Review on Bitcoin by Ayu Anggraini
Bitcoin oh bitcoin..
As a trader, i respect the story behind bitcoin which is very inspiring for others to change our centralize financial system. Without bitcoin, we might not know cashless payment system. I love bitcoin because it is a history for the human kind in regard of financial system evolution. When people ask my profession, most of people will not understand about crypto or trading. The good thing about this is, if you mention bitcoin, people will notice and understand its about digital asset. I did not use bitcoin too much except to exchange my digital asset. And fee is really high. And if we compare to other crypto, bitcoin really has a low tps/transaction per second capability, about 7 transactions per second, which makes it pretty slow compared to Ethereum or other crypto currency. Bitcoin movement always determine the price for alt coin in major cases. If bitcoin move sideways, alt coin are likely to show recovery. Some of altcoin will follow bitcoin movement, Otherwise the price of those altcoin will dump really hard specially alt coin which has no strong fundamental. Some of altcoin can never recover anymore and dissapear from the market after experiencing the bear market because Altcoins still depend on Bitcoin's value.
Pros
- The most famous and first crypto ever created..
- One of crypto which change the economic system
Cons
- Unknown owner
- Bitcoin movement always determine altcoin prices
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Comments (1)
May 09, 2020
yes, I agree. bitcoin is the world's largest digital asset and much sought after by traders. i like your review, it is very good.I hope bitcoin becomes more easy to get, both in the form of faucets and from trading
