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RE: Who Would Buy $1 Million Bitcoin?

in #bitcoin7 years ago

Hey, I've followed you on screwtube, I just joined Steemit. ..re the vid. I don't think Bitcoin will get there barring a hyperinflationary event in fiat. It would have, but it's Wall street's new toy, look how they are playing with it! They've ruined it! ...Despite that, it's true many of my friends who aren't into cryptos are surprised that you don't have to buy a full bitcoin. But really I think the writing is on the wall for Bitcoin. It's run badly, it's run like a democracy and that doesn't work, look at our countries and the criminals that lead them. The Cryptos that are run by benevolent dictators will steal the show from Bitcoin. Bitcoin left it too late to make the necessary improvements for it to keep up in the market. It may go up to the high $00000's but that is now in the hands of wall street and whatever suits their futures. No real price discovery anymore. So anyone who buys into Bitcoin at $1000000 would either be a sucker, or have a good understanding of what wall street is planning for it.