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RE: As Bitcoin Breaks All-Time Highs Near $18,000 Its Future Has Never Been So Uncertain

in #bitcoin7 years ago

I totally get the idea of a usable coin. Right now, "value" is driven by speculation and hype, not usage.

Name recognition is likely to drive that value higher for a very long time. Most of the world beyond the 99.98% percentile have no idea WTF we are talking about. Until, that is, they are force to ACTUALLY USE IT.

Once that happens, you can expect a BTC dominance decline. Until then, I would expect it to rise. In the meantime, I would accumulate NEM/XEM because it is the most likely to be adopted by the first currency owners to lose their shit, the Japanese. They already have NEM bars FYI>