people on my Facebook feed are talking about buying bitcoin, its officially mainstream
what does this mean? It means that bitcoin is about to plateau. The early rush has now passed and those looking to invest for a 'quick buck' have missed the train. bitcoin will never surpass 10k and its likely that bitcoin will not be the de-facto cryptocurrency of the world in 10 years.
Its a fallacy to believe that the original cryptocurrency will end up as the worlds favoured cryptocurrency. The governments of the world will make sure that an alternate cryptocurrency ends up on top - one that they have large investment in.
UL biz.
>>3378810
I bought a fat stack of OMG before it mooned, don't care about Bitcoin.
>>3378810
You shorted BTC, didn't you Anon?
Governments don't get to choose shit when it comes to crypto, that's the beauty of it.
BTC 500k in 5 years, screencap this.
>>3378810
>Its a fallacy to believe that the original cryptocurrency will end up as the worlds favoured cryptocurrency.
I think so, too. It was the prototype for whatever's next.
Ask yourself - is the blockchain satisfactory? Can is be improved on?
Can the process of purchasing bitcoin be improved on? Can it be more streamlined?
Imagine a cryptocurrency that has seamless buying and selling from fiat currency, one that even a grandma can understand and undertake.
One that is backed by the banks, intertwining cryptocurrency with fiat currency of today, making it too big to fail, providing unprecedented stability with the adoption of hundreds of millions of users
One that has impeccable security, meaning that its impossible for your digital currency to be stolen
One that becomes the de-facto currency of the world, where all payments are processed from your wallet. Perhaps the majority of the countries will adopt the currency, uniting the worlds economies
this is the [x]coin of the future, although it won't be bitcoin.
>>3378936
The next financial crisis will eradicate the last bit of trust people have in banks. This will make crypto's go mainstream. But this is necessary, without a financial crisis is probably won't happen any time soon.
Am i reading it wrong or will there be an up trend for the next 16 hours ?
>>3378936
bitbeans
>>3378936
>That is backed by banks
And another dumb fuck who does not understand the point of crypto.
>>3378936
So something like Digibyte?