Right now it is it's perceived potential.
It's price is sentiment - if you believe in it, you are a buyer / holder, if not - the opposite.
Topic: Bitcoin keeps failing - page 3. (Read 5128 times)
Bitcoin is not only a store of value. Please google it more next time.
What is it then?
Bitcoin is not only a store of value. Please google it more next time.
Yeah, it costs 7 times more but now it can't be used as currency with all these +/-100 USD swings. Early adopters happy but the rest of the world can't use it even as store of value, because when it crosses 1000 USD mark the early adopters will cash out again. Of coz u can hold it until it reaches 2000 USD mark, but will it?
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