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China has banned Bitcoin several times, there’s been hacks, there’s been central banks going after crypto - yet it’s still here. Why do you believe the whole th
by dsco 5y ago
China has banned Bitcoin several times, there’s been hacks, there’s been central banks going after crypto - yet it’s still here. Why do you believe the whole thing might fall apart?
What you’re missing is that whenever there’s panic selling there’s always someone on the other side finding a great discount.
- gitfan86 5y agoThat is what they said about housing in 2007. I'm not saying that crypto is going to go away and never exist. I'm saying it could go down by 80% during a liquidity crisis induced panic.
- BlueTemplar 5y agoYeah, also bitcoin isn't a stablecoin, there were never any guarantees.