Quote from: stefan466 on October 22, 2022, 02:59:51 PM

The problem i see is that Bitcoin only existed in a S&P500 Bullmarket. We had the -85% Drops in Bitcoin, but they always happened while the S&P500 was in a Bullmarket since 2010.

Bitcoin never existed in a real bearmarket of the S&P500, like the 2000 Dotcom Bearmarket und the 2008 Bearmarket. That`s why i think we could drop further.

This is an interesting observation, it is true that bitcoin for most of its life it has existed in an environment that was conductive for its growth, but now things are going to change as the economies of the world face all kind of issues in the future, however we believe that bitcoin is a store of value and those are the conditions in which a store of value should shine, so while a further reduction of the price is possible it is also possible the next bull market could be many times more intense than what we thought.