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RE: How low will btc go this time? 6k based on previous trends. That sounds about right to me but there is one problem.

in #cryptocurrency8 years ago (edited)

Bitcoin was never meant to be a store of value, it was meant to be a peer to peer payment system with increasing and sacaleable blocksizes...it has mutated from that into a high priced transactions, slow as shit "store of value" mess. Eventually in this space, fundamentals will matter. I'm not sure ETH is going to be the answer, for the same reasons, but one of the other cryptos will knock them off their asses if the problems are not fixed.