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Author Topic: GRAYSCALE INVESTMENTS’ $250M RECORD SHOWS APPETITE FOR BITCOIN IS GROWING  (Read 35 times)
CottonGuy
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July 19, 2018, 02:08:48 AM
 #1

https://bitcoinist.com/grayscale-investments-250m-record-shows-appetite-for-bitcoin-is-growing/

This is one of the reasons why bitcoin will never die. There are lots of people who truly believes in bitcoin and even if the value of bitcoin drops tremendously still bitcoin enthusiasts and investors are there to support and continue to hodl.
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July 19, 2018, 02:38:11 AM
 #2

This is one of the reasons why bitcoin will never die.

it has nothing to do with believing, supporting, enthusiasts,...
it is always about usability of bitcoin and since bitcoin is actually used as a decentralized, boarder-less, permission-less, secure,.... currency it will remain alive and strong. otherwise those who invest and are interested in making profit will go away specially if there is a price drop.

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July 19, 2018, 04:57:15 AM
 #3

This is one of the reasons why bitcoin will never die.

it has nothing to do with believing, supporting, enthusiasts,...
it is always about usability of bitcoin and since bitcoin is actually used as a decentralized, boarder-less, permission-less, secure,.... currency it will remain alive and strong. otherwise those who invest and are interested in making profit will go away specially if there is a price drop.

I actually do think bitcoin's support is stronger than the usability. The usability definitely impacts the support, however.

I think people are gearing up for a resurgence in Bitcoin. Betting on cryptocurrency during a down period is a good idea because there is a high chance that it will rise again. Hopefully, more big-ticket investments such as these will allow the smaller fish like us individuals to experience similar benefits in the cryptocurrency market. With the right amount of awareness, Bitcoin can snowball back to where it was not long ago.

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July 19, 2018, 05:04:56 AM
 #4

This is one of the reasons why bitcoin will never die.

it has nothing to do with believing, supporting, enthusiasts,...
it is always about usability of bitcoin and since bitcoin is actually used as a decentralized, boarder-less, permission-less, secure,.... currency it will remain alive and strong. otherwise those who invest and are interested in making profit will go away specially if there is a price drop.

This is something that people will never understand. Price will never be correlated to usability, it doesn't matter if more and more people are getting into Bitcoin means nothing relating to the price and people aren't going to care about it if they only care about what Bitcoin was meant to be -- a global currency. I'm not even going to touch on why this article is probably bullshit anyway, but people have to come to the conclusion that these investment people are looking out for themselves and aren't going to make you rich -- hate to break it to ya guys though.

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CottonGuy
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July 19, 2018, 07:26:10 AM
 #5

it has nothing to do with believing, supporting, enthusiasts,...
If no one believes and support bitcoin then this conversation won't even happen. You can't use something or invest in something that you don't believe in.
it is always about usability of bitcoin and since bitcoin is actually used as a decentralized, boarder-less, permission-less, secure,.... currency it will remain alive and strong. otherwise those who invest and are interested in making profit will go away specially if there is a price drop.
If you can really see the big picture, bitcoin is not used as a currency but as a store of value.
I'm not even going to touch on why this article is probably bullshit anyway, but people have to come to the conclusion that these investment people are looking out for themselves and aren't going to make you rich -- hate to break it to ya guys though.
Bitcoin will never be used as a currency. It will always be the best store of value when it comes to crypto. Some people already made millions when they purchased bitcoin 9 years ago and believed that its value will skyrocket. Any investment can make you rich, its just a matter of timing and luck when to cash out.  Grin
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