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RE: When to Buy in New Era of Cryptocurrency Regulation

in #bitcoin7 years ago

Great video as per usual. I think the regulation aspect is inevitable and there will be more coming our way. That being said the upside of regulation is it legitimizes the market and will eventually bring in new investment.

That being said I think the BTC price will go up in the long run but what impact do you see implementation of lightning network having in the shorter term?

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Bitcoin is king because of it's liquidity, but it is an old man in this market surrounded by more youthful coins and tokens. The Bitcoin crash is inevitable, but I don't believe the lighting network will save bitcoin. Even as we speak, the light network is being implemented, but the User Interface is not user friendly and it full of bugs. Also Coinbase and other wallets will be slow to implement the LN network, because they haven't even fully added support for SegWit(Segregated Witness) . Anyone else believe that 2018 will be Bitcoin's last chance to redeem itself?