Post
Topic
Board Economics
Re: Is Bitcoin Over?
by
Magkirap
on 12/10/2019, 23:25:35 UTC
To kickstart crypto 2019 I decided to make a Bitcoin mini documentary: https://youtu.be/WgxD5DmS6z8

Things I talked about:

1. Bitcoin's intrinsic value
2. How it could help underdeveloped countries
3. How it could help developed countries
4. Censorship

Now I wanna ask your opinions on my main point which is:

"Bitcoin's intrinsic value is the amalgamation of the platform, its users, and its development."

Now I know some other more famous crypto influencers have mentioned things like decentralization, cost of production, etc., but I think those things are a means to an end and not the endgoal themselves. Like decentralization is for the purpose of censorship resistance and fraud prevention.

So you I wanna know your opinions guys. Agree or disagree doesn't matter as long as you explain your point. https://youtu.be/WgxD5DmS6z8

Actually I dont think that bitcoin is over, it is volatile, everything is normal. There are times that its price is lower compared to othet day, this was the time where bitcoin has lower demand or there are only few trading of bitcoin. On the other hand, There are timed that its demand is high and so its price. Today the price of bitcoin was on its half price compared to its price last december.