RE: I have no bitcoin and do not mind (I think)

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I have no bitcoin and do not mind (I think)

in bitcoin •  7 years ago 

I think you may be a little ahead of yourself in your analysis of Bitcoin. Maybe give it 2-3 years for events like the Flippening to come to be. If anything, I would believe that the past two weeks would have made you reassess your investment strategy particularly since many alt coins have diverged pretty substantially in price from bitcoin. It does appear that they will catch back up, especially after the forks, but clearly the smart play is too give bitcoin the respect it deserves and keep it near the top of your portfolio. Altcoins and their teams have everything to prove but the first coins to achieve real products and a real use-case will explode (like nuclear), along with bitcoin, not instead of.

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this is indeed what I am saying in a roundabout way... I respect bitcoin, have not bought any but if i would i might do it and treat it like real gold and just put it in the safe but will it ever be more then just that?