Is Bitcoin Too Expensive ?
People get scared or discouraged of buying bitcoin because of the price. They probably think there is no point of buying bitcoin. I think if true adoption is to come. People need to stop looking at the price and break it down into denominations better understood. In this video, I speak on how Bitcoin should be viewed and approached.
https://www.youtube.com/c/GbonikzBits...
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The views and opinions on this channel are collected researched and express with the aim of informing anyone willing listen. All comments are welcome and appreciated. Bitcoin can be purchased in person by peer to peer purchases or through currency exchanges and online wallets. I am NOT a financial advisor, I am sharing with you my experience and expecting you to do your research about the topic.
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I think the price of Bitcoin is always right on, the markets don't lie. The crypto is certainty the best out there right now, even if ETH is picking up. I think that the price will continue to move upwards but other cryptos are sure to catch up and pass it within the next two years, no doubt about that.
ETH have infinite units supply. It will never be better than BTC because it is not designed to be a currency but a tool.
ETH is certainly designed to be a currency and in fact I have used it as such multiple times :)
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Bitcoin will probably go up to a thousand
Have you checked the charts in the last 6 months? :'D
@savetheanimals, like the stock market, shares and money and things go up and down and people buy low and sell high and Bitcoin started low in 2009 and it went down a few times in the past year and it was probably over $300 like a month or more ago and it went down and then back up to over $200 USD and I think like I said before that it will someday maybe next year or someday like go over a thousand USD and it can probably slowly climb especially if and when the USD starts to fall.
have you checked the charts... I quote your text
a thousand, what. It's more than a thousand dollars right now... 2600$ per unit
oh, my bad..... it will probably go up to 10,000 then
They should be scared to buy bitcoin at this price. The last time it made a run like this it lost 80% of its value in a year. And a lot of older people lost a crap ton of money in the dot com bust and they don't want to be a part of that again. They can't afford to lose that kind of money with retirement around the corner.
I see the value in it, but you have to see it from their viewpoint as well.
and we can buy Bitcoin or others when they are low and take advantage of that.
it's already low.. you will not see again 1000$ price
Depends how bip 148 plays out
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Hey man,
Great video, as always. By the way, did you see that Stellar will be giving away free Lumens to all the Bitcoin holders who claim their share? Check it out, man: https://steemit.com/cryptocurrency/@oleg326756/free-stellar-lumens-if-you-hold-bitcoin Good luck, enjoy your free Lumens! ;)
Your the man! Thank you so much