Post
Topic
Board Speculation
Re: bitcoin $50K by 2018, $100K by 2019
by
STT
on 06/06/2018, 16:49:49 UTC
Brothers, the correction is now finished at $7K.
The bear was trying to push bitcoin below $7.5K but they couldn't. Whole market is green today.
Institutions are pouring into the market with their money.


I'll swap memes with you.    The bottom is a process not an event, we see it in rear view maybe but rarely ahead.    So theres uncertainty for sure still, nothing is free of risk.

'The Bear'   is not one person, we are all the bear and we are all the bull.    I really hope one person isnt this market or I've completely misunderstood its potential.   We all have doubts, that part is my bear :p

Institutions are mostly tied to the dollar economy, which is leveraged and liable to recede like a tide.   I dont really look to them for growth, more likely and far more true is they look to us for growth.    The biggest growth comes from the smallest participants, its ironic but a recognised phenomena.   I do hope Bitcoin is about the small guy, is we have more of those type I'm optimistic Smiley