Bitcoin was supposed to be a currency but has quickly become the Dow Jones of crypto and that scares the shit out of me.

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Currently on mobile so I’m unable to post graphs and charts with useless lines and maybe a red circle. With all of this “Security vs. Commodity” bullshit people are really getting away from the original aspect of Bitcoin. Venezuela just bought how much more in hopes of restoring their economy? I am huge in the FOREX market (full time job, actually) and I just can’t wrap my head around how people think BTC is ever going to make it unless we go back to our roots. It is a currency. It should not have this much volatility. It is a currency.

submitted by /u/myoco
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