3 ms·
People bearish on Bitcoin's future price are usually the same people who are pissed that they didn't buy any bitcoins. But often, something happens - they real
by fragsworth 13y ago
People bearish on Bitcoin's future price are usually the same people who are pissed that they didn't buy any bitcoins.
But often, something happens - they realize how incredible the technology is. Then they buy it, and suddenly they're bullish because they want the price to go up.
The price of gold is probably going to be killed to a very low ($50-100/oz?) price because the only thing keeping its value so high is how convenient it is as a store of manipulation-free value. However, bitcoins are far, far more convenient. And they will be even less subject to manipulation.