Post
Topic
Board Speculation
Re: Everybody knows about Bitcoin. We won’t see 20k again. Why? Here!
by
racebum
on 18/05/2018, 21:16:31 UTC
i'll just quote cnbc

"The most popular cryptocurrency is bitcoin, with an estimated 5 percent of Americans owning some. The share of Americans who own several other well-known digital coins underscores how far these currencies have to go: Less than 2 percent of Americans own Ethereum and less than 1 percent own Ripple"

5% may be a bit high as it could be "have you ever owned bitcoin" rather than "do you own" the 2% eth is a tell on that

you have, best case scenario here 5 out of 100 people having ever touched it and you feel everyone is in?

seriously, quit just talking to people in the crypto space. this is probably the most undiscovered asset on the planet that is slowly growing. you don't even have institutions in the actual coins yet. futures just began 6 months ago

your post is literally like "everyone knows about oil. why it won't go higher" written in 1875

why we won't see 20k this year there is a really good argument for. why we won't ever see 20k again there is only one argument for and that is you believe it is going to zero.