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verce

7,581 Posts.

859

24/04/20

12:32

Post #: 44233222
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Originally posted by hawthorn8 ↑

Well verce that's all good.
2.5 yrs down the track and all the claims about bitcoin being widely used and it being like digital gold have been proved to be nonsense so far. Nobody uses it ..and dropped more than 50% when stocks lost about 38% and hasn't recovered as well yet..so zero evidence that it's perceived as digital gold.

Not saying it's doomed..my opinion is that it's gonna take much longer than holders hope to make progress in these areas..and again the price has to stabilise to have any future as a currency or store of wealth ...which will bore most holders who bought it believing the hype ..

again this is only my view.

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Hey I don't mean you any ill will or anything, I just don't have time to go into detail. As you say, it is your view and you are entitled to have that opinion. I personally disagree. I think the digital gold thesis still holds up strongly.
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