Bitcoin is in a bubble! It's going to burst!
Seriously, what could happen to bitcoin to crash to zero?
Out of all these, only the Doge one has any real probability of happening, but we must still keep an eye on Joe.
Bitcoin may crash down to $50k, judging by the wedge it is in. Or it could spring up to $100k.
But, what really is $50k? It is still a hellava lot of money for one bitcoin.
Sure, if you just recently moved your retirement account over to one of the bitcoin ETFs, and watch it drop 50% of its value, you might be quaking in your boots, but all the old timers are going to be, "dip? What dip?"
I am unsure i can classify these things as dips anymore, it is more like rapid, aggressive negotiation of bitcoin's real price.
Adoption is happening. Instead of going to zero, there is a great possibility that no one will trade their bitcoin. Especially for the falling fiat. Even the BRICS are setting their new money to be like $50 each, which soon, won't even buy you a BigMac. So, we may see a point where all you can say is 1 bitcoin = 1 bitcoin.
We, who have watched bitcoin grow and grow and grow have no idea how big bitcoin is going to be.
We pushed it over the line, where it now takes on a life of its own. And i have a feeling that bitcoin is going to be bigger than any have imagined. Well, mostly because we can't imagine numbers like giving a Quarter of a Trillion dollars to U-Crane. If Bitcoin eats that, the gold market just became a road bump.
How much of the derivatives market is going to be able to get into bitcoin?
The commercial real estate market is already toast.
What happens if the BRICS really drop the treasuries?
Exter's Pyramid looks really shaky right now
And what many have said is that when the financial catastrophe happens, the entire pyramid evaporates.
Most said, the pyramid evaporates and only gold is left, but now it may be bitcoin and gold, or bitcoin only.
I am sure we are going to see things we have never seen before. You know, like real money. Or Max Kaiser ascends to heaven on a chariot made of bitcoin (wheels spinning within wheels)
But, back to present time were we still haven't had our $100,000 bitcoin parties.
I believe we will have a slam down of crypto prices. The banksters will pull out all the stops and slam everything down. (this may also be the stock market, which has people try pull money out of crypto to cover losses, etc.) And then try to buy up all they can.
We little people probably won't be able to buy bitcoin during the dip, because exchanges are down, or it's too short, or a network outage… however, i believe there will be good buys on other cryptos.
The crypto market rebounds, and we have $100,000 bitcoin parties near winter this year.
Then next year, we will see the halving rally we expected.
