Re:Bitcoin Fall Extends to 25% as Fears of Crackdown Linger
by fnord77 on Tuesday January 16, 2018 @07:33PM
(#16164361)
it's useless as a currency while speculators are making its value so volatile. The sooner this bubble pops and the get rich people go away, the better.
[ Parent
| on HN ]
Re:Bitcoin Fall Extends to 25% as Fears of Crackdown Linger
by dagw on Wednesday January 17, 2018 @06:23AM
(#16167049)
Once the current batch of speculators cash out, volatility settles and it starts getting used as a currency then its price will start to edge up again, bringing in a new wave of speculators who drive up volatility making it less useful as a currency and loop starts over.