And how do you expect that choo choo to happen? Based on what?
It's clear nobody is just gonna buy. People are way too afraid at these prices. We've had some huge companies accept Bitcoin. It made the price drop. Or well not directly but it suddenly didn't make it go up. That and then also the slightest hint of negative news and people completely shit their pants and sell. As much as i want the train to leave again i don't see how it will happen. I have the feeling a lot of people think we reached the top and want to get out.
There are 1500 billionaires and 12 million millionaires on this planet.
FACT.
I thought that was pretty interesting. hope y'all do too.
just saying, but the minimum amount of money we are looking at here is $1,500,000,000,000 + $12,000,000,000,000.
I'm sure there must be at least double that accounted for by multi millionaires and multi billionaires.
If these people had just 1% of their money hedged in cryptos, the market cap would probably be between $150,000,000,000 and $300,000,000,000 easily.