This is nothing to be excited about if you're interested in the long term success of bitcoin. This just means that the coming collapse will be even more catastrophic. The higher the price goes, the less likely this project will survive the collapse.
If it's a 90% drop like the last bubble we'll still be at $20. All good.
All good for you, but a catastrophic loss for most everyone else, and it will turn potentially millions of people off this idea.
You are a true bear, but sometimes I agree with you.
In order to really enforce mass adoption we need a stable price, not something that doubles every week.
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