Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Traxo
on 29/06/2019, 07:55:15 UTC
Decoded message from outer space: 

Quote from: that guy
As soon as Bitcoin reaches 20k and new ATH, new hype will start. At that time fresh money will start to pour into Bitcoin and from there into alts.  Right now there is no fresh money. Or very little and Bitcoin grow from altcoins. When this will happen who knows.

The retail investors never came back into the stock market after they got fleeced in 2008. The supply of greater fools is not unlimited. The boomers are getting old and more financially conservative. The Millennials do not have any money.

This turn up for BTC appears to be institutions taking over, as they replace the shitcoins with Facebook’s Libra and then prepare to back Libra with Bitcoin after the Core riff-raff are fleeced with the SegWit donations (c.f. also the BCTalk thread).