Post
Topic
Board Bitcoin Discussion
Re: Why should bitcoin not perform now?
by
Lucius
on 23/03/2020, 13:38:04 UTC
So what is the world waiting for?

The two keywords "now" and "world", should give you a very clear answer. You need to understand that the world is currently in one of its biggest crises, despite what some say is harmless flu and everything is overstated. Panic is a dangerous thing, and it spreads at the speed of light.

Considering the above situation, with the fact that Bitcoin is still too complicated for most people, and that cannot be changed overnight - why do you expect some flip to happen now, that people will leave fiat and start using BTC? Now people need cash for basic needs, many will lose their jobs and all together makes this time very unfavorable to invest. The fact that BTC dropped in value some 50% in one moment don't help either.