Quote Originally Posted by Gandalf View Post
Quote Originally Posted by walrus View Post
Quote Originally Posted by Gandalf View Post
Quote Originally Posted by TIC View Post
bitcoin will have to crash
Why? It isn't at a particularly high price. I don't mind either way, but why does it need to crash. I would sooner the stock markets crash than Bitcoin.
Bitcoin is running around 10k now I believe. I don’t look everyday. Bitcoin will crash. It was at 3k one point during the year. I think we will see a nice run this year then back to 7-10k. A lot of people make money when bitcoin crashes. I just watched a 7billion dollar move on the blockchain. Someone moved a shit load of bitcoin to a different wallet. Imagine the panic you would have clicking send on that transaction.

Put yes @TIC you do you say bitcoin needs to crash.
I dunno. I sense the price seems kinds of average. Certainly not near its peak, but not near the bottom either. Kind of trundling along. I have a friend who bought it around 14, so he is still down, but has been playing around on the ups and downs since too, so not too devastating.

The economy itself is pretty fake right now and once Corona Beer has its impact, I think the hangover will lead to people jumping more into Bitcoin and Metals.
We call that moving sideways pretty much but if you follow it as of late if it dips down to seven and you buy some it has consistently come back. The US government did an auction the other day for a bunch of bitcoin they confiscated. When news of that broke the price shot up a bit. And last year it went on a nice run but got smacked down to 3500 which started the “end of bitcoin” talk again. Bitcoin has been declared dead around 759 times