Where your hard-earned money comes to die. Home.
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Bitcoin tamed at 5K. Expect it to stay in the 5s for years and act like legacy
| Vibrant Splenetic Corner Philosopher-king | 11/19/18 |
| Rough-skinned hell | 11/19/18 |
Poast new message in this thread
Date: November 19th, 2018 11:48 AM Author: Vibrant Splenetic Corner Philosopher-king (http://www.autoadmit.com/thread.php?thread_id=4137168&forum_id=7#37263126) |
Date: November 19th, 2018 12:10 PM Author: Rough-skinned hell 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) |