You are viewing a single comment's thread from:
RE: Calm Down! A Few Thoughts about Investing and the Ups and Downs of the Cryptocurrency Markets
I happen to agree. 2-6 months is short to midterm at best. With that said I have many short to mid goals that exceed a year’s timeframe. While scale of time is important and bitcoin really is not that old a part in my shivers at the idea of long term just being a month or two
Until majority of large exchanges adapt better. Bitcoin will have a fair bit of use in its life. Everything is still too tied down to btc. What I find most interesting are some retailers who were accepting btc as payment are pulling their support sighting “exorbitant fees.” I hope they are able to address that issue before getting to greedy and it toppling over like a pile of dominoes taking out everything that didn’t adapt in time.
100% ! Those fees are seriously killers....