4 ms·
BTC hasn't been around long enough for it to have a past history to be evidence against the belief it will downtrend. Not relative to other currencies or commod
by shadowgovt 4y ago
BTC hasn't been around long enough for it to have a past history to be evidence against the belief it will downtrend. Not relative to other currencies or commodities.
That's like putting a match to gunpowder and claiming based on the trend of the first few microseconds, the flame will engulf the world.
- scotty79 4y agoBitcoin doesn't raise exponentially. It slows down over time. Each swing cycle is shallower than previous one. It's more like putting a match to a gunpowder and theorizing that at some point some equilibrium will be reached at greater volume than currently observed.