RE: Bitcoin: History Repeating Itself. By Gregory Mannarino

You are viewing a single comment's thread from:

Bitcoin: History Repeating Itself. By Gregory Mannarino

in money •  7 years ago 

Most of the cryptos are reverse pyramid schemes with fewer and fewer coins being minted every month. So if demand rises you have these parabolic moves. I personally don't know why the party would end now. But I do like LTC more than BTC just because it is way cheaper per coin. Also LTC will keep getting good news over the next few years.

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:  

Bitcoin difficulty is increasing parabolically. It will be $100,000 before you know it even if BTC demand remains flat. Which I expect as we move above $25,000 demand will just increase as people start smelling $100,000. Any time is a good time to buy cryptos. But again I like Litecoin even more because it is also a useable coin.