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RE: (CRITICAL UPDATES): BITCOIN, GOLD, SILVER, STOCKS, BONDS. By Gregory Mannarino
If Bitcoin was a real currency it would be stable. Also, I could go to the supermarket and use Bitcoin to buy a loaf of bread without any fee or delay. Since neither of those is true I conclude that it is not a viable currency. It is a Tulip for gamblers to invest in at great risk.
Well that's pushing it a bit. Was the internet not a real invention just because the infrastructure wasn't there to support it at its inception? If Bitcoin, or Altcoins were more widely accepted, then the infrastructure would come next.
Very very true. Now that the infrastructure AND the regulations are all in place there is ransomware, trojans, worms, instability, and soon speed throttling. While we are heading to 5G and beadforming capabilities (needed for autonomous vehicles) that also is good but not without throttling requirements for infrastructure and such.
However I posted that the only intrinsic value this thing has is is anonymous factor. that will be take away and it just like tulips will fade. May not happen overnight but the market makers, and retail traders (like myself) that are shorting it aren't helping it much. As it is gaining in recognition and now parabolic hyperactive incessant streaming and attention, I see nothing but Good times ahead for my position shorting the BTC