Bitcoin is dying and you could be among those who are killing it. In 2010 Laszlo paid 10,000 bitcoins for a pizza. We all know this story but how many of us understand it? Do you think Laszlo didn't see potential in Bitcoin? He could have hodl and sell it off, but, he made that transaction to prove a point; to prove that Bitcoin is actually a currency. But since the price skyrocketed, only a few care about the sole aim of the currency. Everyone is "buying the dip", or "Investing some $$" in Bitcoin, and that is killing Bitcoin. The average person today sees bitcoin as an investment. Are we really turing this Cryptocurrency into a Crypto Asset?!
A way of making more money due to the price speculation. With every new investor believing this, I hate to say this but, Bitcoin is dying. I know that the chances of Bitcoin's price dropping so bad are small. But if it happens, if it ever happens, a lot of people will lose, a lot will pull out, a lot will tag us scam, a lot will (out of anger) say that we are centralized, and a lot would never know or participate in the real use of Bitcoin. We need to figure this out before it becomes too late.
Haha thats the funniest shit i've heard. Do you think Laszlo knew bitcoin would skyrocket in price? If he did then he is the biggest idiot on the planet to buy a pizza with 10000 bitcoin. He wasn't trying to prove no point. He just wanted pizza one day and had some money in bitcoin.
Bitcoin is an asset and it should stay that way. It should not become a currency, I don't think. It is too dangerous to be a currency. The crypto market is just a hyped up version of the stock market. This is how i see it.