>750 <72hours
I hope not.
People will get rekt on this, way worse than last time. Or the time before that.
There are going to be people who watch this with disbelief, and then when it just keeps going they will finally decide to jump on board once the price reaches 10,000.
and then when it drops to like 2 or 3k, they will be gutted , they will lose all hope and belief. they will sell everything at the bottom .
(just like last time after the 2013 pump to 266 and then back down to 50.)
When the reality kicks in and it goes from 3k to 32k they will have already written this off as a scam, and they will blame you (me?) for their missed opportunity.
Friends don't tell friends about bitcoin.
I probably agree with this. I told someone to get in when it was at $600 on the way down. Luckily they didn't buy. But now it's passing $600 on the way up in a long term trend reversal so it's a bit safer.
Also, we are in a less speculative market than 2013. It's clear now that bitcoin isn't going to zero. (At least as clear as reasonably could be in the investment world). There was always general consensus that it would either go to zero or infinity since the coins were in limited supply. Looks like the latter to me.
• We still have actual halving to come.
• We also have a capacity jump from 2.3 TPS to 100,000 TPS.
• We also have a whole pile of VC funded projects baking in the oven that are going to result in who-knows what massive advances in the viability of industrial use-cases for cryptocurrencies.
• We also have Brexit, Grexit, Spexit and Frexit.
• We also have gold bugs discovering that their "stack" is not tradeable in limited supply form and not limited supply in its tradeable form.
• We also have Dollar collapse, Abenomics lapse, Debt limit gaps and Batwoman straps once Mrs Lagaarde slaps the Special Drawing Rights currency on the world economy as the mandatory international reserve.
• Plenty of fundamentals floating around to cushion any big cash-outs I'd say