Post
Topic
Board Speculation
Re: Bitcoin successfully bounced back AGAIN - that means the correction is over! BUY
by
ktabb
on 17/01/2018, 15:08:40 UTC
Would you be so kind and present, not a myriad, but at least 400 of those reasons?

Hahaha no I would not be so kind as to sit here and type out 400 reasons. How about I present you with one, and you can go learn the rest on your own. The transaction fees and times for bitcoin make it unusable as a currency, which render it near worthless. Its intrinsic value should be less than 1% of what it is now, and the only reason it would not be zero would be the hope that they somehow solve all of bitcoin's scaling issues such that it can handle transactions on the scale of Visa or Mastercard (about 200x as many transactions per second as it gets now).