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by naveen99 3104 days ago
> it could also go back to $100

Do some napkin math, this is impossible. The people who hold bitcoin now probably have a combined net worth of over a trillion dollars. They will pump and dump it forever rather than let it go to zero. It's way too much fun to trade alone.

> bitcoin has no mainstream use right now

Maybe not in india yet. Even there, it's only a matter of time. Someone will introduce gbtc to the NSE and BSE, and watch it get bought widely even in india. There is a reason it sells at a 20% premium in india.

1 comments

> this is impossible.

I wouldn't be so sure.

> pump and dump it forever

That doesn't work.