Post
Topic
Board Speculation
Re: 2019 Expectation of BTC, History is always strikingly similar?
by
Dogboy714
on 28/12/2018, 06:46:30 UTC
As history is always strikingly similar.

If history is strikingly similar then we bottom and then sit around doing nothing forever until it slowly wakes up again. That's what BTC did after 2011 until 2013 and that's what it did for much of 2015 too. For most of the time the price doesn't do very much at all. It's only the spikes and the plunges we seem to remember.

I'll be impressed if we return to five figures any time before mid 2020.

Agreed - there aren't nearly as many surprises in Bitcoin as people would lead you to believe. It's a growing network that is (over/under) valued accordingly. This guy has some eye-opening graphs...

https://twitter.com/100trillionUSD?lang=en