Hey,
I am asking myself, do we need a upper price limit for the future ? I just think about this scenario all the time. What is happening if the Bitcoin would supported and legal all over the world or in a lot of countries ? Just my opinion what I would do, I would buy as much Bitcoin as possible because from this point it is relative safe, I would try to spend as little money as possible and here are my reasons.
- If I would buy today something for $1000 it is possible that this $1000 would have a much higher value in the future, so I would think twice about spending my money, I would spend my money just for necessary things and maybe not for leisure thing, mobile phones or a expensive car, what would happen if many people act that way ?
I am curious to hear your opinion.