Post
Topic
Board Speculation
Re: Bitcoin road to $ 14,000 returns
by
o_e_l_e_o
on 29/08/2018, 18:24:54 UTC
Regardless, to reach $14k bitcoin has to double.  That's no small feat for any investment.  I don't want the price to shoot straight up like it did last time, because those types of gains aren't sustainable.

Absolutely. The people calling for another big bullrun are missing the point. Last year's bullrun was pure speculation, and the subsequent crash, although difficult to predict exactly when it would happen, was inevitable. Another bullrun that steep would follow the same pattern.

If you want sustained growth, it has to be because of increased adoption rather than speculation, and it takes place over years, not weeks.