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Another thing is that even if the upward slope of bitcoin's price is likely becoming less steep with the passage of time, bitcoin still remains both the fastest horse in the race and likely going to be beating the fuck out of all other assets, including that within the next 50-200 years it will likely have to get somewhere in the ballpark of 1,000x or more of gold's market cap, whether that is through bitcoin price rising or gold's price falling or some combination of both.
I am not really disagreeing with you, even though you likely realize how much I disagree with some of your being more bearish than what I believe you should be or maybe more loving of the dollar than what I believe you should be... which seems to result in more hedging with the dollar than what I believe to be necessary or within the self-interest of any of us, even an old fart like yourself.. not that you are older than Jimbo.. .. hahahaha.. and I am not even trying to pick on old foggies, since I am plenty old my lil selfie... but I am just picking on nuances of bitcoin versus fiat perspective as it relates to investment portfolio management.
we did 103 and change for june 5 and we arestill hanging in at 101k at the moment.
but June 6 is much closer to a 99,999 close as we are averaging around 101.3 for tha day as of now.
Yep.. we can probably say that was a pretty robust test of $100k.. and sure, it may well not be over... so we will have to see if $100k gets tested again or if we might be able to resume up...
This weekend is "critical"
tmI would really like to see price go past 120k and float sideways a bit.