Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Works fine for gold
Yes, and gold is used in day to day transactions by regular consumers all the time...
Bitcoin won't be used in day to day transactions by regular consumers all the time. It won't be a currency. It's a store of value thing, like gold.
Agree. It will become the crypto store of value against which other crypto's, better suited to rapid small value transactions, peg themselves. Which is why I'm holding onto my LTC. It won't achieve this though until it becomes a store of safe value, which requires it's price fluctuations to moderate. This is what is happening now. (in my entirely ignorant opinion
