Post
Topic
Board Bitcoin Discussion
Re: Can u still have reasons to keep ur bitcoin?
by
BaselessBitcoin
on 16/01/2015, 15:01:38 UTC
the fundamentals didnt change, so i dont see a reason to sell except speculating which i dont have time for

The fundamentals have changed. The cost of the network is sky high, so miners need to dump the 3600 coins mined everyday. At this price that's $750,000/day.

Sorry folks.. that overhead will continue to eat at BTC for years to come. It needs to fall ALOT further until it stops falling.

I just don't agree with people when they say the fundamentals have changed. You can still pay for things whether the price is high or low so how are the fundamentals changing?