Sure. Bitcoin is in the ballpark of $2 trillion, so of course it could have a 30% or more drop in a day or maybe a 50% drop in a week or two, even though it tends to take a bit of time to reverse momentum, especially if it had been grinding up for quite a long time.. but then with bitcoin we had more than a 50% upward move in early November.. but so far no return to that price zone.. which also sometimes happens in bitcoin. There are stairs up and no returns back down.. and so a lot of bitcoin naysayers like to conveniently gloss over those kinds of BTC price dynamics that seem to be a sign that aspect of exponential upward growth continues to happen.

Another thing that could happen is that bitcoin could double or triple in a fairly short period of time, which maybe plays out over a few months, which would be $200k to $300k, and that also would not be unusual, but then that would bring BTC's market cap up to $4 trillion to $6 trillion, so then it becomes easy as fuck to lose $600 billion in a day-ish and perhaps even way more than $600 billion in a day.. yet even with a loss like that, it would not mean that the loss would stay or be sustainable.. if it were to take place.


And?  Yeah, sure pretty easy in the future.. a little bit more difficult at current price points, but surely not impossible.

We have already had quite a few tests of the lower $90ks, but yeah sure we could  end up getting another test of the lower $90ks and it could end up breaking down.. seems like wishful thinking, but sure, it could happen.


Huh?  Countries are not investing in bitcoin because it is an irrational investment - it is the opposite.  There are a lot of countries, and even more local governments, and more and more institutions, looking into bitcoin and beginning to invest.  Some are investing covertly and some are discussing their plans overtly (some of them are required to publicly disclose and others not... They don't all fall under one bucket).

We don't need to believe.. it's already happening.  I may as well throw in an image to attempt to help you to better understand, even though you might be a bit beyond being able to understand.





Does that help?


Fixed that for you in order to also match with your own likely status of not even quite reaching a status of having half of a working brain.


Are you trying to jinx me?

 


That is what I had meant to say.... but you said it MOAR better.


FTFY

 


I watched a little over half of it (minute 15-ish), and McAfee was really getting on my nerves, including his repetition, and even the patience of the interviewer to put up with trying to interview him. 

You are saying this was supposedly funny and not the real John McAfee?