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Ask HN: Do you plan to accumulate Bitcoin when it's less than $1K
Do you plan to start accumulating it bit by bit as it's going down? Are you already doing that automatically?
- localhoat 8y agoYes!
- imaginenore 8y agoAs someone who holds bitcoin and other cryptocurrencies, bitcoin small blocks suck, they regularly hit the limit, and the transactions get stuck, fees go out of control, companies drop them as a method of payment. Lightning Network is a shit show that doesn't work, has horrible UX, and can't possibly scale. So if I'm going to buy crypto, it will not be Bitcoin, but Bitcoin Cash, Ethereum, maybe Stellar and some new generation coins. Some anonymous coins are of interest too.
- InGodsName 8y agoYes, my friends have been buying a lot of bitcoin lately. Wait for recessions, regulations to go up and cost cutting measures to be implemented. People in 3rd world countries will move cash using bitcoin to safe heavens. It will surely go up.
- deleted 8y ago[deleted]