RE: Bitcoin tanks, watch the bounce for clues as to where we go next

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Bitcoin tanks, watch the bounce for clues as to where we go next

in bitcoin •  6 years ago 

I could definitely see that happening @jrcornel, although I find it hard to believe that Bitcoin would go lower than maybe $5K level due to the mining costs and the huge farms and investments that are made into the Bitcoin network by the giants like Bitmain, or even banking institutions, governments, and who knows who else...

As Mike Maloney would say, on the oposite side of every crisis, there is an opportunity...
Link to video here: Money vs Currency - Hidden Secrets Of Money Episode 1 - Mike Maloney
Link to one of my posts: SATOSHI FACTORY - Brief History of BITCOIN

It might be selfish of me to say this however, but I wouldn't mind dollar cost averaging a $4K BTC during all of next year :)

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You are in a good post then. This crash is welcomed by those with dry powder.