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

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Rusted nowag
  11/19/18
And to ask the question that hasn’t been answered succ...
galvanic volcanic crater
  11/19/18


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Date: November 19th, 2018 11:48 AM
Author: Rusted nowag



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



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Date: November 19th, 2018 12:10 PM
Author: galvanic volcanic crater

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)

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