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This is my feeling on it too. Nobody can predict what is going to happen with BTC or the whole cryptocurrency eco-system in general. There's still potential fo
by nxsynonym 9y ago
This is my feeling on it too.
Nobody can predict what is going to happen with BTC or the whole cryptocurrency eco-system in general. There's still potential for the technology to take off and gain widespread adoption, just as there's the potential for all the big players to lose interest and move on to something else.
If you want to 'invest'(I prefer gamble, or play at this point) - go for it. Just like every fad there are groups of people who believe strongly in the idea of the thing, and those who just want to get rich off of the thing.
At this point nobody has definitive answers on the future of BTC.
Public interest / perception is the biggest factor at play here. There can be literally 0 uses for cryptocurrency, but if news outlets are telling a layperson to buy it, they'll buy it. As long as the big players are interested in keeping it afloat, I don't see what would cause it's price to crash down to 0 over night.