Post
Topic
Board Bitcoin Discussion
Re: why is bitcoin price important?
by
theCommittalist
on 04/08/2022, 13:13:19 UTC
We want as many private individuals around the world as possible to be holding some coin so the whales from WS can't buy it all up to suffocate its practical use which is of course as a form of currency. In the short term I can imagine how those guys see that as a smart move to protect their assets which are bound up in USD.
That's great, but until now there are still many individuals around the world who still don't like holding more coins and should also start buying the best coins like Bitcoin. Because there are still many people who need to understand that Bitcoin is the best and they also have to understand that the whales are still after the best coins at low prices to buy and hold before they are converted into USD.

With the name of this website plus that of this thread I thought we could assume that 'coin' meant Bitcoin. Maybe I was wrong.

I stop short of calling myself a maximalist but I only take Bitcoin seriously for the foreseeable future as a trading asset due to its functionality as working currency in the big wide world.

Like I said I am not quite a maximalist, but, fuck normies and fuck shitcoins Grin