When we peak, it will be for 30 seconds at some arbitrarily insane high. If you intend to "cash out" at the peak, good luck.
And I'm far from anti-bitcoin. I own some btc, and also ltc. I'm optimistic about their long term future.
If you don't realize that we're in for a major correction soon (within days) I have to assume you're a bit inexperienced.
There are parallels between bitcoin and the early days of the web.
Believe me, it's not "different this time." It's always the same story.
The bubble will pop, even though, like the internet bubble, bitcoin has real potential, and won't disappear entirely.
I could see it losing perhaps half its value, before ramping up again next year.
I'd urge anyone thinking about buying bitcoin this weekend to hold off. Wait a couple days until the crash.
When we peak, it will be for 30 seconds at some arbitrarily insane high. If you intend to "cash out" at the peak, good luck.
And I'm far from anti-bitcoin. I own some btc, and also ltc. I'm optimistic about their long term future.
If you don't realize that we're in for a major correction soon (within days) I have to assume you're a bit inexperienced.
There are parallels between bitcoin and the early days of the web.
Believe me, it's not "different this time." It's always the same story.
The bubble will pop, even though, like the internet bubble, bitcoin has real potential, and won't disappear entirely.
I could see it losing perhaps half its value, before ramping up again next year.
I'd urge anyone thinking about buying bitcoin this weekend to hold off. Wait a couple days until the crash.