Post
Topic
Board Bitcoin Discussion
Re: bitcoin boom or burst ? how to analyzed?
by
Kakmakr
on 20/02/2020, 05:35:55 UTC
Why should this matter? Bitcoin is supposed to be a currency and if you use it as a currency, you should not be worried about things like this. Yes, it is a added bonus if the price can increase a little over time, because you do not want a currency to lose it's value, like with all other Fiat currencies.

The 2017 spike in the Bitcoin price has drawn in a load of speculators that are using hype tactics to boost the price, because they are not using Bitcoin as a currency. People should ignore all of the hype and just focus on helping to promote Bitcoin as a currency/payment option like Satoshi wanted us to do.  Wink