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> it could also go back to $100 Do some napkin math, this is impossible. The people who hold bitcoin now probably have a combined net worth of over a trillion
by naveen99 9y ago
> it could also go back to $100
Do some napkin math, this is impossible. The people who hold bitcoin now probably have a combined net worth of over a trillion dollars. They will pump and dump it forever rather than let it go to zero. It's way too much fun to trade alone.
> bitcoin has no mainstream use right now
Maybe not in india yet. Even there, it's only a matter of time. Someone will introduce gbtc to the NSE and BSE, and watch it get bought widely even in india. There is a reason it sells at a 20% premium in india.
- kbwt 9y ago> this is impossible. I wouldn't be so sure. > pump and dump it forever That doesn't work.