The 64k question (lol look what I did there?) is how far will the fomo send it? There are two things that are "different this time".
1. I think there will be more fomo than we have ever seen by a LOT.
2. The distance between 65 and 650 is quite different, and yet exactly the same as between 65,000 and 650,000. That's where the really chewy part comes in I think...
I have no idea.
The difference between 65/650 and 65k/650k is not in the ratio itself.
It is in the ratio between the numbers involved and the total amount of fiat in the world.
Q. Got it, daddy! So, is the whole amount of fiat in the world 1000x as much as it was when the corn was at 65?
A. Not yet, son, but they're working hard at it.
(Fuckin' legend!)
EDIT: I think @Biodom was meaning much the same thing in his latest post.
Heh. Exactly. And that's just the thing. Because it is easy to look at the difference between 65k and 650 as the difference between a Mercedes, and a fairly nice house. Whereas the difference between 65 and 650 could be just the number of people you take to a nice dinner.
So looking at this in personal terms it seems unlikely that the markets can move that much, at all, much less even SOMEWHAT quickly.
But when you look at it in terms of how much money there is in the world? From that distance 65k and 650k are a dropper and a thimble.
At 650k we are still *only* ~ the market cap of gold.
We have not even BEGUN to hear the people screeching about tulips yet. The REAL screeching has yet to begin.
-edit- I need to calm the feck down. This is blow off top type talk. But the thing is I am not doing it because we are in a bull... I am doing it because we aren't really yet.
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
OK ENOUGH!