Post
Topic
Board Economics
Re: if you think 18k btc is low wait until autumn ...
by
adaseb
on 19/06/2022, 02:45:13 UTC
if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot  in btc.

I think you are fucking nuts.

I think the likely of you being hit by a meteor and killed tomorrow is almost
as likely as a 500 usd price for btc in the fall of 2022.

So here's hoping that neither of the 2 happen.


lol

This is probably one of the best responses posted by philipma1957. Had a good chuckle when reading that.

Regarding his response why pay $18K for a Bitcoin when you can buy a car? Most people buy equal amounts of stocks. What do they get out of that? Pretty much nothing.

Only reason they buy it, is to sell to someone else at a higher price. A car is a depreciating asset.