Post
Topic
Board Economics
Re: Slippery Slope's Million Dollar Logistic Model
by
twiifm
on 25/03/2014, 04:53:44 UTC
Technical analysis is always trumped by fundamentals over the long run.

You are making a huge speculative assumption that bitcoin will achieve mass adoption.   The question is what makes it superior to fiat that institutions and govt will support it?   

Whats stopping govt from outlawing it as legal tender?   At some point govt has to take a stance like China.   Whats stopping a better crypto from replacing it?  Did anyone think Facebook would kill Myspace

You don't even know if bitcoin will exist in the future.