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Agreed Bitcoin should go up when its use also goes up. Not because some greedy chink decided to spend his life savings into it.
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Bump Today i seen a nice dip keep selling and we might hop back in when its at 200 or 300. Otherwise consider this currency dead and dont listen to those dumb fanatics who think this coin is worth 10k or will be worth 1 million. Question how can it be worth so much if some bitcoin miners mine 5btc per day. Im sure those guys will patiently wait till it gets till 10k value NOT. damn deillusional nerds nowadays. Btw ill be glad to eat my words if it at least gets to 3k after 5 months
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wow stupid gold comparison. gold is on a whole different level. its like comparing a scion to a lamborghini. at least with gold i have the physical value to back it up and gold also is hit and miss when it comes mainstream acceptance. Also i never said the decimals make it hard i said its harder to get 1 whole bitcoin. Go and try to convince your friends to buy 0.1 btc as an investment and see how they laugh at your face. Now redo this.when the price hits 200 and tell them to invest in 1and youll see a different response. thats my point
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Im a new user who wants to invest on bitcoins and i feel the price for 1 bitcoin is absurd. Im certain is just this way because of some greedy chinese who took most bitcoin out of circulation and are waiting to cash out when they feel like. Right now it looks like a bull trap and deserves to crash to teach those chinese a lesson who will panic sell. Otherwise Bitcoin will fail simply because none in a mainstream society wants to deal with a currency based on decimals. example how much is a tv? 0.1 btc wow that sounds stupid. Its already hard enough for a mainstream user to trust an exchange with their money to buy bitcoins. Now its even more hard to get 1 because of the price. I am a mainstream user who heard about bitcoin in the news and although this post doesnt sound smart. This is how most mainstream users will think like and without our support it will unlikely get acceptance in our society.
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