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RE: How high will it go? All the way?

in #bitcoin9 years ago (edited)

Great original content :)

I do believe that now that we are still psychologically tied up in the seemingly never-ending downtrend of the past two years, ignoring the past and not open our eyes to the events that are about to unfold

I definitely agree with this part. Most are still hesitant to say that Bitcoin will go to 5 000-10 000 dollar - a conservative estimate given past bubbles - which means that the downtrend has taken its toll on us psychologically, and that people are still not "all in" on Bitcoin.

A good general rule is that it can only bubble if most people initially think it can't bubble.