Home Bitcoin News Bitcoin (BTC) is Still in Price Discovery

Bitcoin (BTC) is Still in Price Discovery

Bitcoin (BTC) is Still in Price Discovery

Michael Saylor expressed, Bitcoin represents an enormous strategic opportunity for Americans and the United States as a whole and can help America maintain its economic leadership for decades to come.

Community response:  The Internet Revolution drove cost and latency from our Information Networks. The Bitcoin Revolution will drive cost and latency from our Financial Networks. It is important that the US lead the Bitcoin Revolution.

Today, the world’s most valuable companies emerged from the Internet Revolution. This century the world’s most valuable companies will emerge from the Bitcoin Revolution. Will the US lead or follow?

Something I don’t get about these Bitcoin maxis is that, if you believe so much in it, then why are you trying so hard to convince others? Just load up & hope for the best. Trying to convince others is a sign of desperation in my opinion. I am not against crypto for the records.

The exact amount of Bitcoin is verifiable on the blockchain by anyone in the world at any time. Additionally, Bitcoin can instantly be taken into self-custody by the owner. Of course there will be games, but they can’t suppress something for long that is that visible to all.

It’s a nonsensical comparison while BTC is still in price discovery. Aren’t you worried about roping tonnes of inexperienced retail investors into BTC for it to then crash after wave 5 of 5 (EWT)? Surely you should be presenting a more cautious tone?

Bitcoin has preserved not only its bullish trajectory, but has also sealed its highest weekly close ever around $61,500.

I’m not a gold bug but is it fair to compare a new asset in its adoption phase to a mature asset? For the record I believe gold’s value as an asset outside of jewellery and industrial purposes will continue to decay as boomers’ wealth transfers to next generation.

BTC is the best store of value on the planet, that’s why everyone needs to own it. You should own Bitcoin like buying money for the future, but paying less than you would now.

Where’s the incentive for people to continue to allow bitcoin to operate on their computers once it reaches that magical 21 million and can no longer be mined?  Will you be advising folks to mortgage their house again and buy at the next ATH?

Bitcoin is the new gold now you’re saying gold isn’t a good investment, don’t make no sense

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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