You are viewing a single comment's thread from:
RE: Beware my Cryptofriends! "Winter is coming..."
I would not say bubble, BTC is here to stay in one form or another for the long run. We are due for an actual week over week correction though..
https://steemit.com/bitcoin/@pawsdog/12-3-2017-the-market-view-and-trading-outlook
Thank you for your comment.
In my opinion Bitcoin is shit (from use, technological and bubble perspectives).
Blockchain is there to stay, not Bitcoin.
I agree entirely, if I look at it from a purely financial perspective in terms of a business enterprise which is what it is for the miners then the ends don't justify the means. The concept is good, but the business model sucks.
https://steemit.com/bitcoin/@pawsdog/need-mathematical-help-mining-costs
Which is a spin off of this article:
https://steemit.com/bitcoin/@pawsdog/is-bitcoin-really-decentralized-or-are-we-being-led-like-lambs-to-the-slaughter