When the FUCK is Bitcoin going to crash?

>Rarted
>Got in after 17/18
Why are you being redundant, user?

It can quite easily sustain the gains to $100k if the past bull runs have been anything to go by. The equivalent price v 2017 would put BTC at 12% of ATH at the moment. No one knows if it will exceed this or not, but saying it can’t even go 2x from here is ignoring the previous mania stages.

Reminder that the same amount of money that poured into crypto in 2017 can increase the price the same percentage no matter what the actually cost is. E.g $1bn can increase BTC by 10% regardless of whether the price is at $1k or $50k. It’s all about supply and demand.

I love how you newfags will say "b-b-but muh institutions!". there was institutional money in 2017 as well....and you know what? they're going to make money on this shit and sell when it starts plummeting just like they did last time. you idiots think that just because muh institutions are investing that they'll stay in the market when it starts shitting the bed.

the only concerning thing is the elctricity bill - there is literally no way that the whole world could adopt it
>2019 - 0,02% of world annual transactions 0,2% of world electricity consumption (~Switzerland)
>2020 - 0,4% of world annual electricity consumption (~Argentina or Poland)

>$1bn can increase BTC by 10% regardless of whether the price is at $1k or $50k

holy fuck truly ngmi

lot less bitcoins on exchanges now than at $1k tho. so it doesn't take 50 times as much for sure.

Few people at my work who generally don’t care about crypto have started buying GPUs for mining ETH now because the price is high.

There will be a massive correction

Are you retarded? It doesn’t take $1b actual dollars to increase the market cap of BTC by $1b.

If 1,000 people want to buy $500 of BTC and supply dwindles, they could outbid each other by 0.1% and this could theoretically increase the price of BTC by 100% (1000 x 0.1).

Whether BTC is at $1 billion market cap or $1 trillion, the amount of money pumped in is the same and the price has gone up the same percentage.

Learn what kind of market you’re in newfag

unlike fiat?

kek, truth