[Manic!]

Originally Posted by Ulic Qel-Droma

yeah u can say that with gold too lol.


yeah maybe you are right. maybe it'll be at 300k in 5 years.

but maybe in 2 years it'll go to 1000 first.

only chumps would hold through that. it would be luck that they survive. do that enough times in your life in enough markets and you'll get slaughtered.

it's a mania. people are taking loans to invest in this shit. that's exactly what a mania is.


we're in the enthusiasm/greed area. it can go a lot higher in the following stages that come, but it doesn't matter, cuz they're going to leverage and average up, and never realise profits. like ever.

they'll hold it all the way down, trust me. and get force liquidated either through margin calls or not being able to handle such a devastating loss, and sell at the lows LOL.

only the smart guys will cash out.

the smarter guys will cash out and buy back at the lows.

the smartest guys will have already cashed out and retired from this whole thing LOL.

It depends if you think of it as a viable currency or just a fad. If it becomes a viable currency the price is nowhere close to peaking.

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