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RE: Bitcoin the big fat bubble

in #bitcoin7 years ago (edited)

I don't trust bitcoin. The fact that it's the first and one of the least secure, as well as its unreasonable transaction fees leads me to believe that it's a sucker's bet long term.

The real money is in specialized altcoins like Ethereum, Steem, Lisk, Tron, etc. Cryptocurrencies' true value is their ability to wrest control from existing power structures. Bitcoin was a good concept, but its growth is based on hopes and dreams of financial reward, not any tangible benefits. Altcoins which serve a purpose have room to grow and are cheaper to trade while also performing actual work which benefits society, so they have real value.

If you were lucky enough to get into bitcoin early on, you should be distributing your coins into this new generation of altcoins before the bubble pops.

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Right Bitcoin is more like gold as like a currency. Is a store of value but within 2018 lightning will be running then you will have very less transaction fees and the price will grow extreme it think. We will see

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