It's funny looking at those old replies, everyone being so pessimistic and entering on the trap of confusing realism with pessimism. We will be at the last ATH again in no time, there's no way we are going to wait for 2022 to reach 4 figures again. The volume is insane and people is learning how to manage their capital in imposible ways in a pre-Bitcoin world.
the increase of the bitcoin price may just be a big bubble but if it stabilizes i'll definitely be really surprised
I wouldn't be surprised at all to see Bitcoin blow through the old highs very soon. Eventually prices will stabilize well above those numbers. More and more people will realize what a scam most fiat currency and never ending inflation is...
Every year government debt continues to grow. Only a complete fool would believe it can ever be brought under control, let alone be paid back. Bitcoin and may other crypto currencies will eventually be better and safer investments than gold, silver, or diamonds.
As the government borrows more and more money each year, the life savings of millions and millions of people becomes worth less and less each year. The stock market is artificially propped up by zero interest rates, and massive money printing that forces almost everyone to participate in a Ponzi scheme.
It is quite hilarious to hear Bitcoin called a bubble, when the real bubble is so obvious.
http://demonocracy.info/infographics/usa/us_debt/us_debt.html
