Neminem Laedit;284625 wrote:Dentmaster;284624 wrote:Yea what high. When can i cash in. Had some of this since 2016 , and before. Punt on the side. What a load of shixx. The exchanges ,will not ,and cannot cope with a mass sell out. To be honest ,when i was selling my magic beans , somebody bought them . Thanks for that.
There will be no mass sell-out, while hodlers, not unreasonably, believe it is going to
$1m and then some...
Diamond hands, laser eyes...
Cloud cookoo land to think its going to £1m. How many times have we heard that these past few years.
Its a classic bubble that popped in 2021. Has all the hallmarks of a speculative bubble; the narrative, the new paradigm, the excess liquidity (lockdown / government handouts), mainstream being sucked in.
This latest uptrend is a classic bull trap / echo bubble that occurs after every bubble dissipates.
It will likely bobble along between say $3k and $40k for several years before stabilising at a level. Whether that's zero or a few $k who knows.
A complete irrelevance to the day to day economy. 15 years existence and I've never once needed to buy, sell or store anything in bitcoin. In fact I've never even been asked.
Irrelevant tokens.