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RE: Bitcoin is headed to crazy highs and so are some altcoins.

in #bitcoin8 years ago

The argument that all you need do is wait for an opportunity to sell at a higher price implies that everyone everywhere is always going to make money matter what. It also presumes that prices will always rise. Fine, if you have got infinite time, and no better use for your money. Although Bitcoin as some history in that matter, it is unlikely to remain dominant, something will come along and wipe it out. True, Bitcoin is in a unique position at the moment, but it is easily substituted, and cannot continue to increase in value indefinitely.
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I think the 100% opposite of what you think about bitcoin, balance is beautiful

Bitcoin only gets more scarce over time, and I am not presuming, I just know what BItcoin has done so far is within what I and Craig said about holding.