But what is bitcoin value based on if I may ask?
Boss siongelei what u are arguing on… I am basing my opinion on the behaviour of markets especially when the industry is new
Its a store of value. No one can print more bitcoin overnight and flood the market. Completely inflation proof. If I may ask you, What backs our KSH? Not gold, not oil, its literally the faith in the operations of the government. Bitcoin is unstable due to mass speculation. with increased adoption and increased real world use cases, the price will stabilize.
Crypto is far from over. There are moguls looking at the BTC charts and thinking about how they can blend stocks with the blockchain technology. Bitcoin might die but the underlying tech will live on for decades to come. Pale dark web we still need crypto…
So much gibberish. :D:D:D
Niaje mtu wa washwash/ujanja/cashout/carding:D:D
Hahaa, i don’t do super illegal sh.it on the darkweb. Last I was there, I was buying netflix and some WordPress themes. Carding na hizo upus zingine niliachia watu hawaogopi Karma.
True.But it is not the first time people have lost trust in Bitcoin.
I remember the Mt Gox saga and I wish I had bought bitcoin at that time as 1 bitcoin was around 50 bob