Topic: Ups and Downs and its simple principles - page 2. (Read 1890 times)
Maybe I could make a website selling..TSHIRTS, except I take bitcoins! I think this is a great idea!
People seem to be in bewilderment as to the causes for the drop in the value of the currency.
1) Nothing new
2) Nothin new (or exciting) on the horizon
3) No media coverage due to the aformentioned
4) Investors are fleeing due to this
Now lets be real. Bitcoin has a future if it exploits the simple fact that bitcoin grows when it offers services that no one else can deliver. Silkroad is one such example. Trying to break into established areas will be extremely difficult. Based on that simple truth bitcoin must find something that is analogous to that situation (silkroad) which creates momentum. What once was impossible suddenly became possible (in a semi safe way). Suggestions to such areas would be beneficial for bitcoin.
If you disagree then please state your arguments.
Hope this is not speculation as it is just a few statements about obvious facts? If these statements continue to be a fact then investment into the currency would make little sense, right?
(and pls no "future" prospect arguments about the technological advantages as that cannot be translated into services. We need something concrete.)
1) Nothing new
2) Nothin new (or exciting) on the horizon
3) No media coverage due to the aformentioned
4) Investors are fleeing due to this
Now lets be real. Bitcoin has a future if it exploits the simple fact that bitcoin grows when it offers services that no one else can deliver. Silkroad is one such example. Trying to break into established areas will be extremely difficult. Based on that simple truth bitcoin must find something that is analogous to that situation (silkroad) which creates momentum. What once was impossible suddenly became possible (in a semi safe way). Suggestions to such areas would be beneficial for bitcoin.
If you disagree then please state your arguments.
Hope this is not speculation as it is just a few statements about obvious facts? If these statements continue to be a fact then investment into the currency would make little sense, right?
(and pls no "future" prospect arguments about the technological advantages as that cannot be translated into services. We need something concrete.)
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