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PhoenixRu

OMG does anyone still thinks this is normal? https://pbs.twimg.com/media/DQduUnBXkAAxsOv.jpg
Dec 07 2017 06:42 PM
  • Erowind's Photo
    Erowind
    I could be wrong though, this could ride all the way to 100k. Don't try to time market, just invest for the long term and take gains as they come. The bull trend should last into the early 2020s even if we have year long bear runs at times.
    Dec 08 2017 02:22 AM
  • PhoenixRu's Photo
    PhoenixRu
    >Maximus
    "yelling bubble at $1000" - and were right! Bitcoin reached 1000 in december 2013, but then collapsed to 200 and fully recovered only in december 2016. If someone thinks current exponential growth (5-10% per DAY) will continue for years... well, good luck with it.
    Dec 08 2017 05:09 AM
  • Maximus's Photo
    Maximus
    Oh no, I'm not saying it'll keep growing at this rate; it's gathered a few thousand in less than a week. I fully expect a price correction soon, but I also expect it to recover and reach newer highs. Maybe this will take a month, maybe a year, but even if wee see bitcoin shrink a few thousand in a day, I don't think we can say that's the end of it.
    Dec 08 2017 08:14 AM