Post
Topic
Board Economics
Re: Transferring of wealth from the impatient to the patient!
by
geopolisch
on 25/10/2018, 11:28:41 UTC
I agree that you need huge patience with crypto, crypto just start to grow so we can't expect something big could happen in instance, the growth also not that stable uet, but I do see a lot of potential and easiness that crypto could provide if its being mass adopted, and now we are in the process of fighting with regulation, if we can cope or win with the regulation then we can see huge rising of crypto value
It is not a pure form of investment so we can't expect this to be an invetment for forever because when the cryptos were adopted by mass people then the prices will be stable so chances of making money with stable prices are hard and people also will look for some other investments.
Whether as an investment or not, one thing is certain, a time will come when there would be real life usage and the chances of seeing some level of stability will be there but obviously it cannot be completely stable.

However, we know that even in the long run, this space will really be serving a whole lot as a store of value most of the time, and in that case it would not change it from being much of an asset like gold and the likes, but the thing is that with real life usage, it even makes things a whole lot better. Those who are not patient now to focus on the future will most definitely have themselves to blame for it, there is no doubt about that.