drgo on Nostr: Bitcoin price can’t keep climbing at this rate…it’s up 50% in a month. That’s ...
Bitcoin price can’t keep climbing at this rate…it’s up 50% in a month. That’s like 12875% per year…
While I’m bullish on Bitcoin, I do not expect price in one year to be 129 times higher than it was one month ago. Not impossible, but imho very very unlikely. Maybe in 16 years…
For bitcoin price to jump up 129x in a year would imply big money has figured out this whole bitcoin thing and I don’t think they’re that smart (or if they are, I’d expect them to try to earn more through dishonest means first). Not by a long shot.
While I’m bullish on Bitcoin, I do not expect price in one year to be 129 times higher than it was one month ago. Not impossible, but imho very very unlikely. Maybe in 16 years…
For bitcoin price to jump up 129x in a year would imply big money has figured out this whole bitcoin thing and I don’t think they’re that smart (or if they are, I’d expect them to try to earn more through dishonest means first). Not by a long shot.