Thread: Bitcoin 6k
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Old 10-21-2017, 04:12 AM  
Dreamteam
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Join Date: Feb 2010
Posts: 472
Quote:
Originally Posted by Google Expert View Post

If you invested $100k at the start of the year, you'd have $800k right now.
That's an x8 growth within 10 months.
Deal with it.
OF COURSE Bitcoin will crash at some point.

Reason, at some point people will cash in because they multiplied their money with factor 100.

There is no reason whatsoever to cash in at banks because you can't make such profits with national currency.

People don't cash in when they made $100 profit on a $100.000 investment.

But they will cash in when their $100.000 investment becomes $800.000 ... Otherwise there is no reason investing right?

Believe me at some point it will crash.

When? no idea yet but as soon as rumors starts people will take and run. It will be a snowball effect ...

That's how people are ... once rumors start people will secure what they have.

Same with oil for example ... when someone in the oil business "make a fart (a rumor)" then the price goes up with 2% ... WITHOUT ANY REAL REASON WHATSOEVER !!!

A simple rumor from teh right people is enough to make people doubt about Bitcoin and cash in what they already have.

Quote: ?Everything that has a beginning, has an ending & In every end, there is also a beginning.?
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