Quote from: philipma1957 on August 08, 2020, 12:20:07 PM

Quote from: mintme.com on July 23, 2020, 02:37:27 PM

This is not a price speculation thread, but a call.

People should have a much more healthy approach to cryptocurrencies than "get rich quick" and should use bitcoin even if it was going to take 100 years (or eternity) to break ATH again.

Only then the whole system makes sense, otherwise, even if Bitcoin was not meant to be a Ponzi Scheme and obviously is not a Ponzi Scheme, it is actually approached by many "investors" as Ponzi Scheme and they hope to be at the top of it. That is simply wrong.

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.

This is an honest call to everyone to start treating this great invention as it's meant to be - digital money. Including crypto news websites and youtubers who think that putting higher expected bitcoin price in the title will bring more clicks (and sadly, it usually does).

One says 1 million USD in 1 year, another says 10 million USD and so on... stop it, please. You are doing it wrong.

It will never be digital money.

It will be and is digital wealth storage.

Much like a 30 year treasury bill in the amount of 10k usd or more.

It is fairly secure from theft or loss and is easy to move from country to country.

LTC and Doge are far better to be used as smaller transactional 'money' digital coins.

It is not much more complicated than that statement I just typed and bolded.

That said it is pretty nice to be able to send 10,000 , 20,000 , 50,000, 100,000 quickly, safely and to any place with internet access.

a great realistic brief describing the situation in a very objective way.
but, it is also can be replaced by new technologies.
we don't know what will be important in 30 years to judge that, maybe we will be back to ancient ways or replace the whole currencies systems with a very simple points system to be used in the whole world replacing all Fiat and cryptocurrencies. at least I hope so Cheesy