How can Transaction Speed affect the price of a typical bitcoin Transaction?

[Matsuda Alysa]

Everyone in the world are aware of fact that the most highly volatile investment available right this moment is the currency commonly referred to as the US Dollar. Particularly, the dollar has been the worst performing currency compared to all other currencies since the global financial crisis started. Although many analysts had predicted an unsteady recovery for the USD, many are those who believe that it is too early to make a decision the value of the dollar, as we've not yet looked at an increase in the "real" importance of the currency. In actuality, its worth has increased throughout the past year, and suggesting its weaknesses. The Register states that the recent surge in Bitcoin could be tied to the disappearance of high-end banknotes both in India as well as Venezuela However, it is most likely, to the steadily worsening situation of China's Chinese Yuan. The only good thing about the current economic downturn is that now more people are beginning realize that the value of their money will not quickly recover, if at all.

One issue noticed in all three of these bubbles in the past is that they've all ruptured at the time they were transitioning into a bullish state, this led to significant increases in the value of the currencies they represented. When we look at what is happening to the three currencies in question, we will see that the first has experienced a spectacular appreciation however the second has failed to gain traction and the last is currently in freefall. This pattern repeats when we consider the use of alternative currencies, we can see that the major reason behind this is the existence of one-sided control over the usage of digital currencies, particularly regarding the operation of some kind of convertible monetary system such as EUR/USD USD/CHF and other similar. What makes the situation even more intriguing is the development of new competitors in the form of Dash and Forex and Forex, which threaten any of the most popular currencies.

After we've had some idea of what a Ponzi scheme is in its most basic model, let's move on to looking at what it means for the way that bitcoin may affect other currencies. As mentioned earlier, there exists a lack of information on the market regarding the economics, or how the system works. While some experts have warned that a monopoly in the use of digital currencies could lead to catastrophe for any economy while others take the opinion that it will simply usher in an age of cautious optimism where all currencies are forced to improve their efficiency and be more tolerant of transparency. The outcome of the forthcoming phase will be one which is truly fantastic with regard to all aspects, even though the final outcome is susceptible to change.

The most popular argument against bitcoin revolves around the question of how it will retain its dominance over the main currency pairs. It is centered around what it is that Dash, Forex, and potentially, one day, LTC (land built currency) can provide faster transaction speeds than bitcoin. For the moment, it seems it is the speed at which light travels is what keeps the advantage over digital currency everywhere. However, we can expect to see more radical changes over the next few years, and perhaps by then we will be able to determine what technology will rise to the top of the global financial market.

https://bitcoin-tidings.com/archive

https://edition.cnn.com/search?q=bitcoin

https://en.wikipedia.org/w/index.php?search=bitcoin&title=Special%3ASearch&fulltext=Search&ns0=1