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[–] RedHawk 1 point 5 points (+6|-1) ago 

Time to buy.

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[–] Turn_Coat 1 point 3 points (+4|-1) ago 

My thoughts exactly.

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[–] New_goat 0 points 4 points (+4|-0) ago 

🐣

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[–] 3dk 1 point 3 points (+4|-1) ago  (edited ago)

Are people realizing that other cryptos are better? Bitcoin doesn't really have any reason to continue, other than being the first and brand recognition.

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[–] RedHawk 0 points 4 points (+4|-0) ago 

Right now bitcoin is the best crypto.

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[–] SecularPenguinist 0 points 6 points (+6|-0) ago 

Bitcoin is the top dog and currently dominates 56% of the crypto space. Yes, name recognition and first mover advantage are definitely factors. There's also the fact that it's been battle tested for nearly a decade. Compared to other crypto currencies it's relatively simple. Simple means less exploitable flaws.

As far as utility is concerned, there are cryptos that do everything Bitcoin does way better. Bitcoin will not fulfill the promise of replacing cash, contracts, deeds, voting, anonymous transactions, etc. because it was more a proof of concept that has been improved upon greatly. However based on the trust, resiliency, and name recognition... Bitcoin's legacy will be more about storing large amounts of wealth long term. HODL

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[–] generate 0 points 3 points (+3|-0) ago 

If I had several millions I would rather bought property in Singapore than Bitcoin. I did invested in Bitcoin in 2013 but then it was an invention, now it's a bubble. Bitcoin is good for tax evasion, money transfers and it can still grow but it's a gamble