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RE: BITCOIN IS DEAD!

in #bitcoin8 years ago

No, but i think we have seen the peek price point. It would need a major event to happen before you will see prices over 17,000 again. War, Mass arrests, sign a major contract with a huge vendor, like amazon or walmart. Otherwise it's getting old in a world thats been known for its new products. Anybody still using windows 95? i am guessing thats a no. Look to only the cryptos that have high functionality, or liquidity. Usefulness will be the driving force.

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cryptos are way over rated. way to many downfalls. prices need to level out right about where they are now, or slightly lower. And grow it like a brand, not a fad. Steem, bitcoin, litecoin, and maybe monero should be safer long term bets if you buy low , or all hell breaks loose. Key thing to remember is electricity is needed for cryptos, so in a storm, blackout, martial law, solar flare, and more. You will not be able to use it in times of need. (most likely)