it seems that sub 20k is confirmed by math and science now....
btw where is the Lama when we need it
not so long ago for the WO, the prospect of twelve hundred USD seemed like a pipe dream
One Bitcoin trading for the then price, of an ounce of gold.
Then to see One Bitcoin trade at it's peak for the price of One Kilogram of gold.
Can you imagine how ecstatic I am at today's low price Bitcoin trading for $21 thousand.
Beyond my wildest dreams.
Maths and science confirms the show has barely started
Even Llamas are going long.
I know what you mean. It's been a decade long ride for me too.
But you know what kind of innovation we are dealing with here. And seeing prices being at and under the last cycle's peak, which is almost 5 years ago, tells me that something has changed. (We also didn't have the usual strong parabolic)
IMO we are about to enter Gandhi's "then they fight you" phase or we are already in it. Bitcoin is now old enough to take part in the big boys' game. And they
will play with it. Of course, I hope they'll get burned. But as long as they have limitless Dollars as the world reserve currency, they can push the market anywhere they want.
Not much we can do apart from wait and watch..
*Takes out the popcorn*