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RE: Is The Recent Bitcoin Price Action a Bull Trap?

in #bitcoin6 years ago

Don't see any reason for it to hike any higher, institutional money seems to be looking at other more technologically-relevant coins and Bitcoin failed, in my eyes, to become the payment tunnel we dreamed of, virtually every shitcoin prides itself with the "future money" feathers because the competition is wide open and it's plausible that solutions will be built for people to be able to seamlessly convert one obscure coin (that they happen to have use of) to another one, for instant payment.

Actually I think it's a much more probable scenario than a single coin becoming the next dollar.