Quote:
Originally Posted by Azure
I'm 100% certain that BTC will hit $100k at some point.
I also am 100% certain you should not invest more than 5% of your savings into it.
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I've been waiting for the next crash to jump in, people can say it won't crash but why did it crash last time? I watched a video last night and they explained that Bitcoin isn't feasible to use as a daily currency as the chain couldn't keep up with that many transactions and also that the last bitcoin would be mined in 2078 and at that point people would stop mining it causing the block to stop processing and they were trying to find ways to deal with both the above.
I have to agree that BTC will be more of a long term storage currency like gold and another crypto will have to come in and take over as the daily transaction currency. What will it be? who knows i'm equally fascinated and scared of it all at the same time.