Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Is Dying
by
eaLiTy
on 14/01/2021, 13:16:33 UTC
The average person today sees bitcoin as an investment. Are we really turing this Cryptocurrency into a Crypto Asset?!
This is not a new phenomena that started today, once the scaling talks started a few years ago before the last rally people started considering BTCitcoin as an asset rather than a currency. It depends upon the investor what mode you want this to be, you can use this as an asset or you can spend according to your choice.

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.
Have you seen the last two rallies and how a correction wiped off billions once the bear market is settled. It is nothing new in the market to get the tag, it is called a Tulip mania multiple times and how many times people would tag the same headline. It is a speculative market and you will see major corrections and it will continue to move forward.