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RE: Bitcoin (BTC) Evening Update: Analysis on How Bitcoin can Reach $3.6 Million...or HIGHER!

in #bitcoin7 years ago

For this outcome to happen I believe USD value will go way down. No impossibility, even to be espected in my opinion, and the result is beyond our dreams.

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You have a point there. Maybe they can keep the house of cards from falling for another few months or years, maybe even a few decades but the debt bubble simply has to burst eventually. What's the quote? "Anyone who thinks that exponential growth can continue indefinitely in a finite world is either a madman or an economist"

You should see my Bitcoin crash scenario....to come in due time.

I am curious to see that. Do you have one for the next stoke market crash too, I can't help but feel is it not all that far off. I am also curious to hear what you might think would happen to crypto in that scenario, many say cash will flee to it as it should towards gold, I have my doubts though.

waiting with bated breath...

When at a certain point, you no longer have functioning FIAT...where to turn to excep Cryptos!

Someone shared an interesting read with me the other day. It proposes a situation in which we get a flip on the current stance that many big money powers take on Crypto: "A small portion of the population mostly being criminals, drug dealers, and groups funding terrorism." Once their digital cryptocurrency is out, those dealing in cash transactions will be portrayed as: "A small portion of the population mostly being criminals, drug dealers, and groups funding terrorism."

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