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RE: Bitcoin Surges Back to $2800 As India "Legalizes" Cryptocurrency

in #bitcoin7 years ago

It is funny to see people talk about how Bitcoin is "dead" when it is nearly $3k a piece. Changes in even 5% make weak hands freak out. Hold on and enjoy the ride!

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For me, the spikes in Bitcoin price (up and down) are an indicator that we are still seeing a very small and early market. Volatility should go down once the price is much, much higher.

I agree. The ecosystem has only existed for less than 10 years. It is fun to imagine where we will be in another 10 years.

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