4 ms·

Can you explain your logic here? BT could easily crash back to $3k if people get spooked That said it seems like a more solid foundation of interest now.

• elif 6y ago
  No shot. If you think it will break the previous floor on fear alone, absent the technical uncertainty and unsustainable rapid growth leading up to the 9k crash, let alone the institutional investment this round, you are speculating without any real basis.
  • pawelmurias 6y ago
    It has no inherent value, with enough fear it can easily drop to ~0$
    • pillop2 6y ago
      Thousands of dollars of expended electricity and computing time per bitcoin makes it more intrinsically valuable than cheap paper+ink fiat/USD.
    • elif 6y ago
      And with enough hype it could go to 5 million this year... Do you see the flaw in arguments of extremes?
  • ada1981 6y ago
    it just seems like an even money gamble that is priced as such.