Post
Topic
Board Bitcoin Discussion
Re: 60% Wiped Out - Will Bitcoin Have a Hard Time Finding Investors After This?
by
squatter
on 17/03/2020, 21:17:55 UTC
Bitcoin doesn't need investors. A good currency has very little investment. Bitcoin will have succeeded when nobody wants to invest in it anymore.

One could argue that miners are investors. They invest in mining hardware in order to yield bitcoins.

Bitcoin doesn't need speculators and traders, but I also think speculation creates adopters. If not for the bubble in 2013, I may never have heard of Bitcoin. I originally bought in because of the hype, but now I'm a frequent user and not much of a speculator.