Quote from: franky1 on December 03, 2018, 10:06:44 PM

Quote from: Upgrade00 on December 03, 2018, 09:00:55 PM

Very valid arguments, as opposed to the regular FUD that gets thrown around daily.
What do your u think of the opinion that there are not enough new investors to push bitcoins price as high as it's last peak?
I think it's very possible but it won't be a bubble which bursts when the party is over, but rather a slow, sustainable rise.

VC money made some losses.. but here is the thing. they love loses.
these loses are 'paper' loses of FIAT 'accounts' not real bank balance.
why do they love it.
tax deductions=pay less REAL tax FIAT

many FIAT businesses dont want to make profit in 2018 for this very reason. so this year they are happy making a 'paper loss'
(you dont actually have to sell to make a paper loss)
so when 2019 starts. its then great starting point for a profit year.

its why all the ETF's are holding out on applying.
SEC dont want some small time cowboys being thee first ETF. so they are holding out for the big VC institutions.

also to add onto point 3 of my previous post. most next gen asics are delivering in final week of december (currently being ""QA TESTED"(profitably))
so will be up and running by new years day.

2019, fresh new year

So as per your theory to show the loss they are waiting for 2019 but some country are having financial year ending in 31-march-2019, so in that sense then the price will shoot up from April when the new financial year starts.