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RE: Think People Got Rich From Bitcoin? We Haven't Seen Anything Yet..

in #bitcoin7 years ago (edited)

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I agree, I'm not sure if BTC as we know it now will be the dominant chain of the future but it certainly holds promise. I think so long as BTC holds itself as a store of value, and gives up the dream of becoming a payment method for everyday things we should be fine. The main issue now will be the profitability of the miners. Without the appreciation of BTC and the fewer and fewer block rewards, their business model does not work.. I see a great many of them moving to BCH etc.. It will be interesting to see if BTC can actually keep its spot at the top..

DAILY DETAILED MARKET ANALYSIS, GIVE IT A READ, MAKE SOME MONEY OR SAVE SOME...

https://steemit.com/bitcoin/@pawsdog/12-12-2017-the-market-view-and-trading-outlook

https://steemit.com/bitcoin/@pawsdog/12-9-2017-the-market-view-and-trading-outlook