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I agree - but if Bitcoin and other crypto is reduced to the role of buying drugs and other contraband, it would suggest a price $200-$500 (as it was back in 201
by ArkanExplorer 5y ago
I agree - but if Bitcoin and other crypto is reduced to the role of buying drugs and other contraband, it would suggest a price $200-$500 (as it was back in 2014 when that was its primary use), not $33,000.
- xvector 5y agoDefinitely, there is an insane amount of speculation priced in. The current prices are not even remotely justified, but crypto was never meant to be a speculative trading platform, it was meant to be used. The price cratering wouldn't really bother me.