Bitcoin is such an unpredictable and unexpected asset. The price would probably crash for good if it went up any higher.
Rising to 20K was because big money found a way to control the resource and manipulate the price. It is possible one day it can reach 100,000, but only after society has decided to prefer Bitcoin (or cryptos in general) over the dollar in mass adoption.
However that will only take place during a worldwide financial collapse. If that happens you can expect many wars and meltdown of society as tensions increase with the large populations around the world.
I believe mass adoption will be used when our world turns into real life metro 2033 or possibly Stalker if humans are able to rebuild society but lost enough important people and written knoledge to completly restablish our infrastrutcure and economy but with basic computer and communication systems (which are low level-voltage electronics that are self starting and don't require as much man power to maintain so more people are going to be trained and recruited almost as popular as modern automobile transportation. Because it can be ran peer to peer it will be the most ideal solution to store and send value to other people as without traditional mail system there would be no other way. Without expensive oil and gas infrastructure and campaigns and manpower which will be wiped out or eventually out of completly which will no longer power the manufactering and transportation industry.
The market has been pumped heavily by not only earlier adopters of this interesting technology, but now by the Kings and Elite who are Super Whales in comparison of much bigger economies of tangible assets. They decide what moves to make. It will be lucky to maintain 5K without the life support of plenty of market makers who are responsible for pumping the price in the first place. If it goes any further it will lucky crash other assets or curriencies. The price is going down to 1K in the next 2-2.5 years. 2020 is the suggested year for the biggest revolution in the financial economy and for the block chain as well.
See you there.
Bash the pick-up art community. Challenge the assumptions and techniques used by pick-up art, discredit the effectiveness of pick-up art, expose ripoff products, and reveal secret info of dating gurus.
4 posts • Page 1 of 1
The curry crips gang?
“I could show fight on natural selection having done and doing more for the progress of civilization than you seem inclined to admit. Remember what risk the nations of Europe ran, not so many centuries ago of being overwhelmed by the Turks, and how ridiculous such an idea now is! The more civilised so-called Caucasian races have beaten the Turkish hollow in the struggle for existence. Looking to the world at no very distant date, what an endless number of the lower races will have been eliminated by the higher civilized races throughout the world.”
― Charles Darwin
"A prevention of the faculty and opportunity to procreate on the part of the physically degenerate and mentally sick, over the period of only six hundred years, would not only free humanity from an immeasurable misfortune, but would lead to a recovery which today seems scarcely conceivable."
― Adolf Hitler
"The way of nature has always been to slay the hindmost, and there is still no other way, unless we can prevent those who would become the hindmost being born. It is in the sterilization of failures, and not in the selection of successes for breeding, that the possibility of an improvement of the human stock lies."
― H. G. Wells
"It is better for all the world, if instead of waiting to execute degenerate offspring for crime, or to let them starve for their imbecility, society can prevent those who are manifestly unfit from continuing their kind....Three generations of imbeciles are enough."
― U.S. Supreme Court Justice Oliver Wendell Holmes Jr., Buck v. Bell, 1927
4 posts • Page 1 of 1
Users browsing this forum: No registered users and 12 guests