Post
Topic
Board Speculation
Re: What goes up must come down
by
BitcoinBarrel
on 21/05/2021, 04:14:59 UTC

Far, far too bullish. We're most likely going below $10k, and will never make new ATHs again.

Anything is possible, what makes you believe no new ATH though?

Mathematical and scientific analysis. Also bitcoin is clearly a failed experiment that uses too much energy, just like Elon said. And now everyone knows it and nobody wants it. USD is better and safer.

Now this is where we disagree. The Price is relative to the Energy Usage among other things. If the energy to cost ration is not profitable then the price will reflect that.

Elon should also know that Gas-powered vehicles burn less fossil fuels than it cost to charge his Teslas.