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RE: Bitcoin - the final nail in the coffin?

in #cryptocurrency7 years ago

Bitcoin regularly drops 40-60% after hitting new highs. Then it goes back up and surpasses its old highs.

Cryptos approaching mainstream adoption in 2018-19. I prefer litecoin and etherum myself. Litecoin is way way way undervalued.

Just buy and forget about it until 12/31/18 or 12/31/19. You will be very happy you did!

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Thanks @wokem. I'm not worried about the volatility and do get that it's probably a great long term investment but is it dead as a useable form of currency? I mean $59 transaction fees, it's a killer, drop my measly $100 into Bitcoin and wave goodbye to more than half of it. Non starter really. I made my first investment in IOTA because I'm struggling to see the difference between the big financial institutions and Bitcoin miners right now and totally agree about Litecoin, sent a few pennies in that direction too.

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