Post
Topic
Board Bitcoin Discussion
Re: Let's be honest bitcoin dies if the investors greed is not fulfilled
by
Lucius
on 24/05/2018, 12:25:38 UTC

of course the problem is "opportunism"

when bitcoin stops generating a hype and a potential run which it is increasingly doing,

bitcoin becomes nothing but a risky asset,

which will make many want to leave it, the hype then will continue to fall.

BTC is always risky investment, for sure not at the beginning when price is so low that you can buy 500 BTC for 1$, but even then some people think it's a waste of money. Today situation is a lot different, to buy 1 BTC for ordinary people is generally too expensive, and big investors do not invest their money so easily in something with so high volatility.

I still think that's pretty foolish to bury BTC once more just because price is not 10 000$, but "only" 7400$ today. Bitcoin is still at an early stage, just a 9 years old project, my opinion is that it may take another 9 years that things sit in their place.