You are viewing a single comment's thread from:

RE: I Wrote About Steemit On A Major Finance & Investing Website

in #steemit7 years ago

Great article and I was certainly surprised when Bitcoin made its run last year because of its increasing lack of utility. It was very odd but then it is like a lot of people were just getting onto Coinbase and buying it and never moving it so they didn't know it doesn't work and the fees are out of control.

Also cool Star Ship Troopers Gif. I loved that movie!

Sort:  

In time everything gets back to its actual value. The issue you mention about them just buying once and not doing anything with it is why I think it will stick around. The issues with bitcoin are greatly lowered if people store it instead of use or frequently trade it.