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Bitcoin Discussion
Re: Bitcoin is a Store of Value
by
hv_
on
30/05/2020, 08:47:27 UTC
Quote from: FanFanMan on May 28, 2020, 04:12:01 PM
BTC is still a highly speculative asset. It is still long way ahead to obtain a status of store of value. Moreover we are likely to go deep again very soon (read this
https://newsblockchain.io/news/bitcoin-targets-6-7k-levels-as-the-attempts-to-break-out-10k-failed
) and it also won't bring us any closer to a status of store of value..
Right, and price is always a function of value and speculation
Where is the value?