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The important thing is how probability of BTC tanking to $500 compares to probability of USD tanking in BTC terms in the next few years. Historical data hints
by oleganza 6y ago
The important thing is how probability of BTC tanking to $500 compares to probability of USD tanking in BTC terms in the next few years.
Historical data hints that we are not close to the peak of the current bubble and when BTC drops it probably won't be lower than today, or at least, not for a long time.
Of course there is also probability that the 12-year trend will crash into zero, but that probability dwindles with every year Bitcoin isn't broken and every popped bubble that lands on an even higher low.