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June 24, 2018, 05:12:01 AM Last edit: June 24, 2018, 05:37:09 AM by krishnapramod |
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Would have used the word investment instead of tool, but from the price movements (doesn't bother me, not in for the price). If bluntly put, it looks like there was no real adoption last year, just speculative bubbles popping through. Yeah, blame the media, blame MT.Gox, Tether report, whatever, but still on the surface it looks Bitcoin is just another penny stock. Manipulation is a real issue, isn't going to override it if legendaries on this forum comes up with counter arguments. Real world adoption, common phrase in crypto community, that's what needs to happen, and Bitcoin had it going in the beginning, now it ain't it. You have to infiltrate the real economy to have adoption. Behaving like an asset (gold argument, it became a store of value thousands of years after it was being used as a medium of exchange) is just 5 vs 1000, 5 replaced by another five still the same 1000, ping pong.
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