first time around it was mainly amateur investors who bought , i remember the bubble myself i was trading it. it was all mtgox, there was no leverage or any advanced trading, multiple exchanges, hedge funds etc. it was almost totally out of the radar of the mainstream media
this time it is in the mainstream media. there are btc hedge funds, many different exchanges, futures, etc.
the price is not so crazy, its been a very slow buildup at each point people were thinking it would crash and it didnt. we've got kwukduck saying its a bubble, people convinced technical problems, etc etc.
that is unlike the first time when people were saying it was going to $100,000 per coin, "new elite" almost nobody thought it was a bubble, just seemed to go up and up every day with no doubt about any crash
the truth is theres some professional investors who are buying this time and arent going to sell, this is a very steady strong rally unlike 2013
yeah theres no crash this time dont think its going below $1000 again , sorry guys. if you havent bought it still time. we can go quite high this time, much much higher than last ath
this time it is in the mainstream media. there are btc hedge funds, many different exchanges, futures, etc.
the price is not so crazy, its been a very slow buildup at each point people were thinking it would crash and it didnt. we've got kwukduck saying its a bubble, people convinced technical problems, etc etc.
that is unlike the first time when people were saying it was going to $100,000 per coin, "new elite" almost nobody thought it was a bubble, just seemed to go up and up every day with no doubt about any crash
the truth is theres some professional investors who are buying this time and arent going to sell, this is a very steady strong rally unlike 2013
yeah theres no crash this time dont think its going below $1000 again , sorry guys. if you havent bought it still time. we can go quite high this time, much much higher than last ath
The new market cap is a milestone. I glad I stick with my bitcoin since 2013.
You did good, but the real test will be the new all time high, since we probably have a considerable amount of people that bought at around 1200 which was the top, so they may be waiting for 1200 to dump, but you have also apply the psychology of the "why this long walk only to get to 0?"
It's like, people that held since 2013 having bought at 1200, why would these people sell at 1200? it's like wasting 4 years for nothing. You might as well hold and stay on board, since chances are we are going to go for a new all time high. The correction will be way smaller than most people predict.
