Every uptrend has a end, if u can go out befor it Drops under ur pruchase Price its okey, problem u cant read Bitcoin Chart like an normal Chart on stockexchange, and another Problem its not forbidden to manipulate(and whales can do it easy), and bc u all say Banks suck and goverment etc. etc. Yes they do some shit too and sometimes scam us all, but on the other side they protect u from even harder scams.
Like it happens here, and again a non regulated System fucks poor peopels even harder.
And another Thing is, this massive gains make "the hated" goverment watch at Bitcoin more and more closely, and when they regulate it ( they allready talk about it in eu and us), all the rich peopels which wanted to scam the poor ones will leave Bitcoin( they dont want a regulated system with rules bc they dont get richer with it that easy)
Then Bitcoin can be a normal payment method, but its not worth that much anymore and will not pumb and dumb like hell.
"Government protects us from even bigger scams."
You sound like someone that is paying protection money for mafia.
That is what they will tell you, because they need you to be scared. But if you are smart, no one can trick you. You don't need their regulations, just use your head, don't let others be smart for you, because they will just use you, like they do.
Let them regulate it. Let those who are afraid to leave. We don't want them here in the first place. But making speculations on how many people will leave and how much money they have is a fool's job. Think about the long term, that is only thing that makes sense to predict. Is Bitcoin worth it's market cap, will it grow, do you think it is a useful and secure system, better then fiat? That is a question you should be concerned about. The rest is just fears and greed and in the end, no one can hurt you if you don't let them, not in the big picture. Be concerned about your part, not about other's.
