surely as we have had volatility to the downside, we will have volatility to the upside. this is Bitcoin's destiny.
it's just a matter of time. the fundamentals haven't changed and the protocol remains rock solid. nothing fallling ever says includes any discussion about the technical aspects of Bitcoin, which remain rock solid. ask him to explain SHA256 and you won't get an answer. ask him to explain ECDSA and you won't get an answer. why? b/c he doesn't understand them nor does he need to when his only objective is to troll the price downwards.
it won't work in the long run as Bitcoin is the best form of money invented to date. just be patient.
I bought in when Bitcoin was under $100 and I keep my eye on developments daily. I do think it's an incredible technology but I also think it's got a lot of problems which stop the majority from getting involved.
The price is stagnant, it's certainly not going up. I don't consider it cheap at the moment.
If it can be speeded up and made easier to use (like PayPal) then perhaps it will go up.
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