With Coinbase seemingly trying to take the BTC investor crown away from Microstrategy we have the fuel to get above $50K. Then we can watch media articles push us back above new highs. I think in the next 60 days we’ll see a greater than $60K Bitcoin and once that happens we’ll see just how big this bubble is going to inflate. I suspect it will be quick and by Halloween it will be clear that the market is headed toward the moon.
Bah whatever. What a freaking POX that Armstrong is on Bitcoin. He has been anti-BTC for at LEAST six years, and their announcement is they will put their money in "crypto".
I hope with all my heart that they put WAY too much into shitcoins that end up getting clobbered. Yet their "investment" will somehow legitimize the shitcoins.
He can't take any crown away from Microstrategy anymore than someone who specializes in slot machine gambling could win a WSOP bracelet.