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One can hope this doesn't cause full-blown mania, followed by a crash. On it's own, this is a bullish development for BTC, but everything Elon touches, tends to
by pawelduda 6y ago
One can hope this doesn't cause full-blown mania, followed by a crash. On it's own, this is a bullish development for BTC, but everything Elon touches, tends to generate a lot of hype... could be too much.
- tluyben2 6y agoSeems it calmed down a bit already.
- luxuryballs 6y agoIt will, that’s when you buy. This happens every single time, whether it’s $250 to $70 or $12,000 to $5,000 or $40,000 to $????... ride the wave.
- rvz 6y agoThe people who bought at <$20,000 are already in 100% profit so a great time to take some off the table if a crash were to come. (Which I think will happen)
- smartties 6y ago> are already in 100% profit If they didn't cash out, there are not profit. Bitcoin could take a 80% dump within an hour and most people would be screwed.
- nojvek 6y agoYou lose money when you buy, and you make money when you sell. Everything else is somewhat fake money. So they're in 100% profit if they sold. Usually when you want to sell, everyone else wants to sell too (see Mar 2020) so it all comes crashing
- rognjen 6y agoOne can hope that it does.