Re:Bitcoin surges to all-time high above $1,700
by clarkmoody on Tuesday May 09, 2017 @06:11PM
(#14304259)
> too volatile for use
Yeah, nobody is using Bitcoin...
> The only way I would trust bitcoin for anything would be for short-term holding to transfer value from point a to b, and then convert it back into a stable currency.
So use Bitcoin that way yourself. And as more and more people with this mindset use Bitcoin, the price will rise due to increased demand, even if only to hold for a short duration.
Yeah, nobody is using Bitcoin...
> The only way I would trust bitcoin for anything would be for short-term holding to transfer value from point a to b, and then convert it back into a stable currency.
So use Bitcoin that way yourself. And as more and more people with this mindset use Bitcoin, the price will rise due to increased demand, even if only to hold for a short duration.