Re: Bitcoin unsustainable at these levels. Are people deluded?
at no other contender arises to take its place.
So if you're not a skeptic it makes sense to hodl, and that means buyers are going to keep driving the price higher. Far from being unsustainable it looks very sustainable. I just wonder what happens as blackouts start spreading due to mining on a global scale.
So if you're not a skeptic it makes sense to hodl, and that means buyers are going to keep driving the price higher. Far from being unsustainable it looks very sustainable. I just wonder what happens as blackouts start spreading due to mining on a global scale.
Thats the thing, I have read or at least heard of white pages that would slaughter BtC....in theory. Lol. BtC was nothing but an unproven theoretical system until it was successfully carried. It would only take one Satoshi Genius to destroy the btc model but then what? Thats the scary thing. I am just concerned with crazy people throwing their life savings at it. It would be awesome if it makes a lot of millionaires, but we all know that people specially noobs panicky way to easy and there goes their life savings.
