No way were going back to prices from 8 years ago. i fail to see how that is possible :P
Quoting: T-Man So you're saying those don't look similar?
they do. but not looking at the pics.
HOW would that be possible?? the market cap was 6 billion 7 years ago. Coinmarketcap doesnt even go back 8 years lol
how, where would all the money go? would everyone (literally everyone!!) just give up on crypto for that to happen?
Skimming through the thread I had another thought. Here's how it's possible.
Federal government printed 30% of the currency in circulation this year. How much of that went into bitcoin?
If they never do that money printing again... do you think more money will go into bitcoin during the next bullrun?
If more doesn't go into bitcoin next bullrun it won't go as high. It will stall out at a lower resistance/support level than 65k. This will create a right shoulder. Less buyers involved.
You could say the same for the stock market.
You could almost say... the federal government was TRYING to cause this event to happen by printing money they way they did.
Which i do believe. Because I do believe they want the crash to happen at a certain time.
Which they planned to happen. And blame it on coronavirus.
China banned crypto exchanges. That's like a billion people who won't buy bitcoin ever again.
90% of china's bitcoin mining rigs are going to be shut down. Maybe all? I don't know.
It's almost like all the pieces are coming together... isn't it? On a world scale?
