Post
Topic
Board Speculation
Re: Bitcoin. Long or short?
by
Bobsurplus
on 14/12/2016, 05:24:31 UTC
Let's see what the vote decides.

https://twitter.com/EMC2Whale/status/807141441248120833

Im thinking long because bitcoin is the shit and deserves to make a new ATH in 2016, followed by new ATH throughout 2017.

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Let's see what the people think and let's see who's right.

 

What does "deserve" have to do with it? Bitcoin's growth has more to do with its growth of being used. Bitcoin's niche markets are those that are not served by the banks. That means the dark markets, the criminal underground, the hackers and all the others that want to circumvent regulation. This is ignored and despised by most in the community but do not underestimate the value it brings to Bitcoin.

Deserve has a lot to do with it. After so many years btc deserves its spotlight shot and this may be it. And please dont forget about all the legit uses of btc, you sound like a fudder from 2013. The billions of unbanked would be a good place to start.