Post
Topic
Board Bitcoin Discussion
Re: Bitcoin might never reach it's ATH anymore
by
Cryptoreflector_666
on 21/08/2020, 18:40:30 UTC
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.

I don't know what can change people's attitude to bitcoin than a decrease in volatility. This is exactly what people are waiting for. It is the stability in the price segment that will allow people to safely invest in bitcoin and not be afraid that tomorrow the price will fly into the negative.