Post
Topic
Board Economics
Re: Can we agree BTC is not a store of value?
by
naaimmd
on 28/03/2020, 15:46:30 UTC
Listen to this podcast.
https://unconfirmed.libsyn.com/coronavirus-how-it-will-impact-bitcoin-and-the-halving-ep116
However much you want it to be, BTC is NOT a store of value.  It has been a few years since $20K and even now, each peak is smaller than the previous peak.  Probably be $3K by the end of the week.

I think BTC will go down again below if holder start dumping but for now safe zone 5200$ if it go below than it will go down 3k$ for sure and now the europian country is affected and I think many people from those countries hold a high number of BTC so we need to prepare for another dump and we might not see this year 10k$ but crypto is really unstable and no one know which way it will go for sure let's hope best for now.