Post
Topic
Board Bitcoin Discussion
Re: GRAYSCALE INVESTMENTS’ $250M RECORD SHOWS APPETITE FOR BITCOIN IS GROWING
by
player514
on 19/07/2018, 04:57:15 UTC
This is one of the reasons why bitcoin will never die.

it has nothing to do with believing, supporting, enthusiasts,...
it is always about usability of bitcoin and since bitcoin is actually used as a decentralized, boarder-less, permission-less, secure,.... currency it will remain alive and strong. otherwise those who invest and are interested in making profit will go away specially if there is a price drop.

I actually do think bitcoin's support is stronger than the usability. The usability definitely impacts the support, however.

I think people are gearing up for a resurgence in Bitcoin. Betting on cryptocurrency during a down period is a good idea because there is a high chance that it will rise again. Hopefully, more big-ticket investments such as these will allow the smaller fish like us individuals to experience similar benefits in the cryptocurrency market. With the right amount of awareness, Bitcoin can snowball back to where it was not long ago.