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RE: Meme challenge: Crypto style

in #meme7 years ago

Yes mate i totally agree. Either Banks will be totally out of business or they need to shift their transactions on crypto in order to remain in business. Crypto is love. Some people who don't understand the basics of crypto currency will say bitcoin is going to hit 4000$ or even 1000$. These are all fake. I believe in bitcoin. So, I am under 10K$ loss from highs. However, I am holding.

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I don't believe in bitcoin. Too slow and costly transactions, too much electricity spent on mining. Speculators will move to altcoins

small investors may move to altcoins. However, the thing is trust and big transactions. Blockchain is a trust can't be hacked. It is a sort of trust in trustless society. So, it won't die. I am a trader and I am expecting the prices of bitcoin that will even break all time highs of 19000$. Prices of bitcoin won't ever touch 8000$ level after few months.