Quote from: larry_vw_1955 on August 04, 2024, 11:59:45 PM

if bitcoin keeps having these type of "corrections" i don't see how it ever is going to reach $1 million. or even $100,000.

Bitcoin has always had these types of corrections. Sometimes the price goes up more than necessary because there is a hype, a good environment and a positive mindset but then something happens and everyone starts panicking, everyone starts cashing out of their money and that's the wrong thing that they do but it gives some of us the possibility to buy the dip.
It's going to easily rich $100,000, I don't even question that. We had halving this spring, the winter is coming and the bull market will strike with full force and we have ETFs here too, don't forget that, that's a double boost.

Quote from: larry_vw_1955 on August 05, 2024, 04:15:35 AM

fiat is the safest place to have their money in these type of situations. $1 is still $1 no matter how much the markets tank.

Are you kidding me? Think about what you could buy with 1$ five years ago and now think what you can buy with that 1$. The USA prints the dollar like crazy and inflation hits hard. 1$ is 1$ today but it's 0.9$ tomorrow, 0.8$ the day after tomorrow and etc...