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RE: Mike Novogratz says Bitcoin won't approach $20k again for 3-4 months, I think he's wrong

in #bitcoin7 years ago

I know that I am giving away a bunch of crypto this Christmas and spreading the word about Bitcoin :-D

I dressed up as "Bitcoin Man" for Halloween so my friends have been hearing about this for MONTHS. Now they are finally jumping on the wagon too.

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Wow. $50 bucks a pop to give away $25 bucks worth of BTC.

Nice! I thought about giving crypto as gifts this year. How do you intend to do that? Will you create a wallet for them?

I'm going to send coin to people that already have wallets and help the ones who don't set one up. If they don't want to use Coinbase or a private wallet I could just set them up with a MyEtherWallet in a matter of seconds and they can send or receive any number of ERC-20 tokens and Ether.

I plan on doing this for my mom. She always wants money for Christmas so I'm going to give her an investment rather than liquidity. She'll probably be mad on Christmas but next year or the year she'll be thanking me LOL. Plus this way I can keep filling her wallets for every holiday. The gift that truly keeps on giving.

More worrying to me: Bitcoin is BROKEN!
It can't handle the transactions of the people buying and selling. By wide margin.

A look at https://blockchain.info/unconfirmed-transactions
shows that who invests in Bitcoin is investing in a BROKEN payment system. Litecoi, Ether & Co. Don't have the problem yet. Because they don't have the load to handle.

Blockchain is 1.0
I know you won't remember Rockwell's words.

Good luck! People are very stubborn!

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