Post
Topic
Board Bitcoin Discussion
Re: Bitcoin might never reach it's ATH anymore
by
Mpamaegbu
on 30/07/2020, 18:42:00 UTC
If different crypto news stopped speculating about the price all the time it would be beneficial for the quality of the whole crypto sphere.
If people stopped being obsessed by the price, it would be good too.
Nope, it won't be any good. A major part of the excitement around Bitcoin is even the speculation of where price will move to at any point in time. Remove this speculation and you will have successfully killed that excitement. Come to think of it, price speculation is what drives any business. Bitcoin is a business (whether we like that tag or not) and price speculation is in order. Is there any businessman or woman who goes into a business venture without factoring in the risk in involved. Here, risk is weighed as gain. And gain is derived from price.