Re: How do those of you who were waiting for 2000s/1000s/<1000 feel now? Buying now?

With the next halving a little over a year from now, I'd be pretty suprised if sub $3ks comes, or sub $4ks for that matter. This isn't the uncertain times when China was dumping loads anymore. The best thing that ever happend to crypto was Chinese being banned and getting the fuck out, the second best was Trump. Now, if the next president is a democrat in 2020, panic of regulations could ruin the next pump. Hope it doesn't happen, but there it is.

I think it's exactly the opposite: If democrats win, people with money will start panicking at massive socialist policies ruining their wealth, which will force them to diversify into neutral assets and Bitcoin is the best neutral asset ever outside of governments reach, and governments while sometimes are good, they can become insane and punish their citizens by unreasonable confiscation. Democrats winning may trigger this either by fact of FUD, so they will buy. I can see gold and Bitcoin going up, Bitcoin by several orders of magnitude higher of course.

I don't think Democrat vs. Republican really matters here. Bitcoin performed quite well under Obama and did quite well under Trump too. I think it'll do just fine under the next president, whoever it is. Policy-wise, the two parties exist on a pretty narrow spectrum. It's all a big dog and pony show. The main question to me is how Bitcoin performs in a global financial or currency crisis. I think we're at least a few years away from that given the confidence in the equity markets.

I think it's rather obvious that Bitcoin is going to outperform every other asset on earth when the recesion hits (not if but when..). Im really scared of having money on the bank within the next 10 years or so. I hope shit doesn't get extremely dangerous... a recession will help Bitcoin but collapse of civilization will not help anyone.

I see Bitcoin going to $100k easily within the next decade given the bonds collapse, governments failing to deliver on their promises of social pension funds and so on. It's really scary for millennial to think long term. You want to pay your taxes and do good but at the same time you have this fear that everything you put in your bank is going to be stolen when shit hits fan. This will drive Bitcoin hodling strategy a big rise. As a neutral asset it really doesn't get anything better. Gold will continue underperforming and Bitcoin will continue doing a better task at what gold should be doing.

As far as democrats vs republicans.. well, I think democrats tend to do more QE practices, but still it's all the same, neither democrats or republicans want to be the one in power that admit the unpayable debt is indeed unpayable.