RE: Bitcoin Technical Analysis: PRICE RISES BUT VOLUME REMAINS WEAK

You are viewing a single comment's thread from:

Bitcoin Technical Analysis: PRICE RISES BUT VOLUME REMAINS WEAK

in bitcoin •  6 years ago 

If Bitcoin were to be of any real world use there would need to be an entire economy based on Bitcoin that wouldn't value just as much the exchange rate. The only use of Bitcoin for the last years was speculating, even making purchases on it were impractical since I could pay the equivalent of 30 dollars with it just to find out that 2 weeks later it was worthy 100 dollars or receive it as payment just to find the 30 dollars I received turned into 10. This thing is no better than Ponzi Scheme.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Happy New Year! ;-)