Post
Topic
Board Speculation
Re: Bitcoin at $1000?
by
robresno
on 27/05/2018, 20:46:55 UTC
It seems to me that most people who replied here assumed that cryptoworld is going to stay the same as it is now for the next 5-10 years. I'm thinking about the big players stepping in and totally crushing bitcoin - making it useless. What if Facebook introduced a Facecoin and overnight 2 billion people would have an instant wallet on their phones with Facecoin that would have $0.05 fees and 30 second confirmations. What if amazon comes up with Amazcoin, and all amazon customers now have wallets and it's super easy to use. Would Bitcoin survive as a storage of value? Why would anyone even need it? I see Bitcoin as Myspace. Creating an industry, and super popular at some point, but where is it now? I'm not negative, just playing devil's advocate, and skeptic when hearing people say BTC is going to 100k.