Consider where we were 2 years after the 2013 top, in early December 2015. The market was trading around $400 (and $200 just a few months prior to that). That's considerably less than half of its 2013 value. Yet the market rose 50x from there through 2017.
Not possible now?
Anything is possible. Things are progressing too slow. Is it a sov is it going to be spent at Starbucks etc. As a pure speculation play i cant see it happening imo.Not possible now?
We went from $3,000 to $14,000 in 6 months. Not fast enough for you?!
I just like to keep betting on trends. "The trend is your friend until it ends" as they say. It's the people who keep saying "this time will be different" that keep getting bit when Bitcoin goes vertical in their face.
I hear ya. I am with you on the trend. (Always makes ath) im not betting against that.
Pricewise 4k to 13k is nice but there are plenty of stocks that probably did the same. (Going from $4 to $13 for example) its a very good return, but we gave back almost 30%.
I just wpuld have thought things would have progressed faster in regards to adoption. Im sure if you go back and look at all the ideas and problems from 2014 they are the same things we have today and are continuing to push into the future. Pure speculation isnt going to push price to $100k or $500k without many other things in place. Just my 2c