\
  Where your hard-earned money comes to die. Home.
BackRefresh Options Favorite

Bitcoin tamed at 5K. Expect it to stay in the 5s for years and act like legacy

...
bat-shit-crazy razzle-dazzle becky
  11/19/18
And to ask the question that hasn’t been answered succ...
startled slate place of business field
  11/19/18


Poast new message in this thread



Reply Favorite

Date: November 19th, 2018 11:48 AM
Author: bat-shit-crazy razzle-dazzle becky



(http://www.autoadmit.com/thread.php?thread_id=4137168&forum_id=7#37263126)



Reply Favorite

Date: November 19th, 2018 12:10 PM
Author: startled slate place of business field

And to ask the question that hasn’t been answered successfully in the history of crypto price predictions........

*long drumroll*

Why exactly?

Price equilibrium assumes a constant level of demand for bitcoin at $5,000 regardless of what happens to, say, interest rates (it’s a lot harder to spend your money on non-interest earning “crypto” as the interest on your floating rate debt increases)

(http://www.autoadmit.com/thread.php?thread_id=4137168&forum_id=7#37263311)