You are viewing a single comment's thread from:

RE: Your crypto knowledge has a value ๐Ÿ’ฒ๐Ÿ’ฒ๐Ÿ’ฒ

in #crypto โ€ข 5 years ago

But even when we see adoption don't you think there will still be a speculative period of parabolic growth followed by a big correction? I understood this was the normal cycle of markets.

I love your idea of selling paper wallets on the spot. It sure makes it easy for them to own some bitcoin!

Sort: ย 

No, i expect bitcoins to become pretty much rock solid in value.

The only way to move the price is to dump and then buy.
With things like stocks, you can dump loads of stuff you don't have.
That is why exchanges today are going away. They are trading paper bitcoins.

So, after the shakeout period, high speed trading will just make bitcoin more stable.

But, i do not know what the value of a bitcoin will be... it will be something like 1 manhatten penthouse worth.

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.033
BTC 70999.72
ETH 3678.24
USDT 1.00
SBD 3.81