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RE: BTC may be volatile - we must not forget the benefits of blockchain

in #bitcoin7 years ago

Wont it be profitable to convert crypto into some currency with lower market capacity????????? bitcoins are making so mucg progress right now all for what coz it has only 21 million market cap max... if u invest into something into even lower market cap then today or tomorrow u can make way more money...plus bitcoin mining is becomng so expensive now that unfortunately people will lose interest i think investing into btc wont be the best option u hv right nw

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Hmm..dunno. With BTC futures being listed TOMORROW on the Chicago Mercantile Exchange I don't think we'll see any downturn in BTC mining, since the smart thing to do for any miner would be to make a calculated short on BTC thereby almost 100% guaranteeing a profitable business. The future looks very very very bright IMO, so much so with the Lightning network about to take off. I hope I'm right ;) Steem on!