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RE: Bitcoin , LTC, ETH fall 20% today

in #bitcoin7 years ago

This could be really good but at the same time I'm having a hard time dealing with considering what would happen if BitCoins market cap became to big in terms of value per coin-- You'd see solvency issues in exchanges and the banks that exchanges deal with. BitCoin could be very valuable but too costly to cash out for investors dealing in millions (+) of bitcoin-fiat. That's really the only concern I have with this line of thinking. We need to see healthy growth of blockchain/crypto securites over time so that there's a real infrastructure for their dissemination into society at large. If we're just praying for small profits driving by bearish speculation than I think we're losing sight of the big picture.