CRYPTO TALK

[zac]

The reason bitcoin is what it is today is because of people who truly believe in what it is about at its core; an open-source, decentralised currency. So many people are buying bitcoin today because they see it only as a way to get quick rich. They aren't using it for what it is intended to be; a currency. Many people see it only as an infinite money generator. When bitcoin starts to dip, many people will panic sell and the price will tank dramatically, as they are only in it for the money. They will want to cut their losses as much as possible. Needless to say, many lives will be destroyed when the bubble bursts.

I don't agree. I don't like when people talk about their speculations as if they are fact, this is your opinion. I personally think as Bitcoin grows stronger and more people own it even if "the bubble bursts" it not like it will be worth 0, it will just drop like it has money times and pick back up again. Also bitcoin is like the USD of cryptocurrency you need it to exchange to other cryptocurrency usually, I don't think its a great cryptocurrency because of high fees and the mining problem, I think it has a future jus because so many people own it, that's power.