Yea, bitcoin was always going to disrupt gold and banks. The dollar is safe for now, but banks and gold are in trouble.

I sure hope it overcomes everyone and sends the prices of everything way higher than they "should be"!

Ha, yea I mean if there are no dollars any longer and everything is priced in bitcoin, correct, there is no volatility anymore. :)

In all honesty, I think we already crossed that bridge of never coming back. I think once Michael Saylor and Elon Musk starting putting it on their corporate balance sheets, the game was changed forever.

Thanks for the tip!

Yea I think a lot of people predicted that pretty high numbers could happen with BTC, though few actually believed it would happen.

Retail is always the last ones to jump in. So institutions may get it to $100k or so, but it will be retail that takes it to $200k etc. And then it will be them that panic sell on the way down, helping

I don't think it ever goes below $20k again personally, but I have no doubt it will have more massive corrections on the way up.

Yep, it's an easy case to make when the price goes up every week. When it starts going the other direction, it's not quite as fun.

I wish I agreed. ETH already has the name-brand, and as we have seen with Bitcoin, having the name-brand and first mover advantage is often very difficult to replace. I feel like other projects already

Not really related, but I noticed that your posts are 100% power up posts. With HBDs current trading over a dollar, you can actually make more HIVE by doing a 50/50 post and then selling that HBD you get

Yep I agree. The fact that very public billionaires are now in crypto means they can't just squash it. Michael Saylor and Elon Musk changed the game.

Yep, stair steps all the way up.

Called what exactly?

Those are simply the price points that saw the highest on chain transactions as well as the most Exchange volume. Large volume areas tend to work as support areas as price (and people) tend to have memory

It will retrace 80%, but not until the cycle has ended. Which will likely either be this Summer or in December of this year at a price several multiples of this.

I could see that as well. That is a lot of money coming out, and I would bet with crypto being so hot, a significant portion gets put in crypto...

Thanks. Glad you found it interesting!

Yep, anything is possible. I am just basing my thoughts off of past trends/patterns and probabilities. It may go all the way to $100k before that 30% correction, though I doubt it.

In short, yes, but there is no guarantee it plays out exactly like that. It could go slightly higher than that range or slightly lower. However, history says it should happen around that range and correct