We are about at the end of the bitcoin manipulation.
We are about at the beginning of the bitcoin adoption.
One more big pullback.
All guns fired at bitcoin.
The crash will be incredibly short.
All the exchanges will probably be down.
But after that, bitcoin is going to go steadily up forever.
This is going to be weird.
Actually, without the rots-children and central banks, crashes are quite uncommon.
Usually brief, and correct themselves.
All the worlds markets have been rigged and price discovery is a thing that only exists in economics text books. This has been the way of things for so long we consider this normal.
But it is not normal.
The tsunami of dollars from overseas are coming to crash into Wall Street. And this will cause the market manipulators to lose control of everything. Gold, silver, cyrpto will start to find their actual values.
For the first time in our lives, will we actually see market forces.
There are more millionaires in the world then there are bitcoin.
Meaning, that each millionaire will not have enough money to buy one bitcoin. And this is compounded by all the bitcoin Satoshi has locked up.
Bitcoin was set up so that at a million dollars a bitcoin, a satoshi would be worth one cent.
A very nice goal... back when Satoshi was developing bitcoin.
Back when a penny was still something meaningful.
Now dollar stores are having to raise their prices past a dollar.
An older penny has more than 3¢ worth of copper in it.
This means that a satoshi is going to be valuable. Maybe too valuable.
In the future, people will hold a celebration when a young adult attains their first full bitcoin.
So, what will we do when the price of a can of corn from the dollar store goes from 1000 satoshis to 1000 satoshis to 1 satoshi to 0.001 satoshi?
Of course bitcoin can be changed to have more decimal places, or maybe they won't change bitcoin at all, but you will exchange small amounts on a lightning network.
What will we call a thousandths of a satoshi?
Will we have to get even finer then this?
Will we have satoshi back cryptos? BitcoinShinaIbu? 1000 BitcoinShinaIbu is worth one wrapped satoshi?
I hope people are working on this already, because the market is not going to wait for us to work this out. Of course this might work out well for the smaller coins/tokens like litecoin and doge.
This is going to be a wild ride... and we diamond hands thought we were good at rolly coasters.
All i really know for certain is that bitcoin becomes unobtainaium in this next real runup.
(no one will exchange it for dollars on exchanges anymore)
