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by Nursie
1432 days ago
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> It's pretty simple, all the Bitcoin 'manipulation' you see is simply buying/selling open market coins. LOL. And every tether is backed by a US Dollar in a bank account, right? Nobody could possibly (say) fake buy pressure to put the prices up? > The point is, Bitcoin will bounce back, the dollar will not. What point? For what purpose will bitcoin "bounce back" that the dollar will not? As the dollar is not an investment, but a means of exchange, it doesn't seem particularly important whether the dollar 'bounces back', because nobody is trying to sell you dollars to stick under the mattress as a get-rich-quick scheme. What a weird comment. |
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The dollar itself though will not appreciate, it will continue to deflate due to unstoppable money printing.
Bitcoin doesn't have this problem, so you can hold it and long term there is a good chance it will appreciate. Again, the dollar has zero chance.