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RE: This is not a bubble. This was not a crash. This is just the beginning of cryptocurrencies.

in #bitcoin7 years ago

I don't believe in bitcoin. Too slow and costly transactions, too much electricity spent on mining. Speculators will move to altcoins

21 000 000 bitcoins * $1 000 000=21 trillion dollars bitcoin market cap

so someone needs to find and invest 21 trillion dollars JUST in bitcoins

this is a huge sum even for the U.S. economy. This is equal to the entire public debt of the United States! The money only from banks. Russian Bank says it will not buy the bitcoin instead of the dollar