Re:A Bitcoin price crash is coming, analysts say. Nobody panic
by maxharris on Monday November 30, 2020 @06:35PM
(#25260461)
I highly doubt this. My current expectation is something around $100k for a single bitcoin by late 2021. I am much more worried about a dollar crash, because something like 30% of all USD in existence today was created this year.
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Re:A Bitcoin price crash is coming, analysts say. Nobody panic
by bdcravens on Monday November 30, 2020 @08:41PM
(#25261306)
Any reason to believe why this ATH is any different than previous ones? I can totally see it get to $100k. I can also totally see it crash back down to $30k. Some will still be ahead; many will buy in at $90k and be devastated, at least temporarily.
Re:A Bitcoin price crash is coming, analysts say. Nobody panic
by maxharris on Monday November 30, 2020 @09:11PM
(#25261510)
The scenario you describe sounds plausible to me.
Yeah, I do feel for those that come late to a trend, but can't shake the short-term mentality. I got big into TSLA in March, at the very last moment before it exploded upward. I'll move back into my parent's basement before I let those go...