@HalifaxShadow Thoughts
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Bargain hunting! Time for crypto-virgins to roll in!
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I agree with hbdnrx and won't bet on this going up.
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tbf I'd probably bet on up before down right now if I had to pick.
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A minor bear market isn't enough to turn people off of the fad. The trigger is going to have to be something more. One of my theories is that transaction costs just get so high that fewer and fewer want to bother and the market and liquidity freezes like molasses in January.
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Yet scaling solutions are available now for drastically increasing use capacity.
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Yeah, I've read about that lightning network. The block chain technology absolutely has a future. The question is which implementation will be the Amazon and which will be the https://en.wikipedia.org/wiki/Pets.com ...
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BTC and a few others like ETH will come out fine. Most of the altcoin bubbles will die.
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Nope. There's no reason for any to hold value long-term
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No reason for gold or other things to do so either, yet some seem to endure.
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Gold has real uses and is nice to look at
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Can't imagine returning to a primitive economy with trade based on slaves and salt. Soon even petroleum oil won't have much demand...
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Fiat currency is basically fine. MMT is correct
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End of conversation
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