What I don't get is that people assume that bitcoin will climb forever. I'm sorry to disappoint you, but it probably wont.
Ask yourself this. How long will bitcoin be around. My assumption: for as long as nothing better will outcompete it.
Fact: bitcoin is no longer the leader techwise, it has been proven beyond any doubt that bitcoin is too slow, too expensive and has many other problems and flaws.
Result: bitcoin is mostly useless in replacing banks and even fiat when doing your grocery shopping at your local supermarket.
What is the situation in 2020: relegated to pump and dump and that's mostly it. Yes, you can use to buy SOME items and services if you are prepared to pay expensive fees and wait forever.
It's just begging to be run over by a better coin - like the typewriter getting killed by the pc. And this shitcoin is worth $27K. For how long?
Ask yourself this. How long will bitcoin be around. My assumption: for as long as nothing better will outcompete it.
Fact: bitcoin is no longer the leader techwise, it has been proven beyond any doubt that bitcoin is too slow, too expensive and has many other problems and flaws.
Result: bitcoin is mostly useless in replacing banks and even fiat when doing your grocery shopping at your local supermarket.
What is the situation in 2020: relegated to pump and dump and that's mostly it. Yes, you can use to buy SOME items and services if you are prepared to pay expensive fees and wait forever.
It's just begging to be run over by a better coin - like the typewriter getting killed by the pc. And this shitcoin is worth $27K. For how long?