I'll love to expound on the benefits of Bitcoin and the huge monetary problems it aims to address, but truth is, in my lame opinion, being only a store of value will not cut it for the big guy (BTC). It has to be more and do much more. It has to displace its competitors (alts) as a currency, at least for transactions in the cryptospace, and maybe render the need for privacy coins irrelevant to succeed. From now on, the argument that BTC is the first and bla bla will not be the best to convince new investors especially with its high volatility and ease of market manipulations it possesses. I am still bullish from a technological point of view though. Heck, I still have BTC in my portfolio albeit a much smaller percentage from last year. The huge whales and investors have come and gone, and we are left with the mess they left behind. Crypto will depend on the success of BTC to move forward, and BTC on its part will have to prove it is worth investing in to attract public confidence and adoption from henceforth.
RE: Reasons Behind the Crash - What's Driving It? - Crypto Happy Hour
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Reasons Behind the Crash - What's Driving It? - Crypto Happy Hour