RE: Bitcoin Trend Series / EP. 559 / Bitcoin Prepare For A Boost / Steem Bounty Reward

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Bitcoin Trend Series / EP. 559 / Bitcoin Prepare For A Boost / Steem Bounty Reward

in bitcoin •  6 years ago  (edited)

You really babbling here! Would you use gold(store of value for most right) to buy coffee? Is speculative investment that have high risk and high reward. You should never store most of savings into speculative investment unless you are young. Anyway obviously on steem most of us are very optimistic for future of crypto and most of world is (and will be for awhile)opposite. Most gains(and volatility) will be 1. until crypto gets mainstream or 2. something much better emerges. I really dont see much chance for option 3. which is crypto just dies as one of inventions that didnt stick.

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No. You can't use it for anything, except buying drugs online. What real value does it have? It won't become mainstream because big tech (such as google, facebook, apple etc.) see it as a threat. Google are probably rigging their algorithms to rank crypto-currency related sites lower than other sites. Facebook are probably doing the same, except with posts and users. The media keep shouting about how it's a speculative bubble (it definitely was).

Basically, you're proving my point. You suggest that btc has a future because of the "high risk and reward." You do nothing to address the little problem that it has no real use. The only crypto with real potential is completely centralized (that's tether).