trey on Nostr: I’ve got a question for Dr. Jeff On WBD with dannyknowles you mentioned we could go ...
I’ve got a question for Dr. Jeff (npub1k7v…c04l)
On WBD with dannyknowles (npub16le…ffxj) you mentioned we could go pretty high (say around $450k bitcoin) this cycle, then crash back to $80k. While I love the sound of that to stack cheap sats in a bear market again, I’m questioning this crash.
What’s different this cycle is if governments start buying on mass scale, globally. I don’t think they’ll be sellers like retail or Wall Street.
Thoughts? I’m not sure I think the boom and bust cycle is completely over, but it’s definitely going to be far less extreme imo, and maybe like a 30% chance that it’s over.
On WBD with dannyknowles (npub16le…ffxj) you mentioned we could go pretty high (say around $450k bitcoin) this cycle, then crash back to $80k. While I love the sound of that to stack cheap sats in a bear market again, I’m questioning this crash.
What’s different this cycle is if governments start buying on mass scale, globally. I don’t think they’ll be sellers like retail or Wall Street.
Thoughts? I’m not sure I think the boom and bust cycle is completely over, but it’s definitely going to be far less extreme imo, and maybe like a 30% chance that it’s over.