/biz/ - Business & Finance

>all these threads about Millennial crypto traders buying surplus white flight urban sprawl

I'm sorry, this is the dumbest idea ever. American real estate is in terminal decline, unless you have taken the Trump blue pill and think America is really being made great again.

If I understand the situation correctly, CME and other giants are sucking up the money that would be going into Bitcoin if they weren't selling futures for it. Plus now that it's public knowledge that the Mt. Gox trustee can just crash the market at will sucking up money by the billions, people are less hesitant to invest in Bitcoin.

That's why I think it's a losing game for Bitcoin. This past failure to beat the 10k mark could be the beginning of the end for Bitcoin, and I'd guess it will take down BCH with it. The truth is, Bitcoin is useless. It costs too much to send, it's too slow and the Lightning network is a joke. So really, I'd say the future #1 spot belongs to either ETH or EOS. They're the platforms with real room to expand.