Cryptocurrency

[scooterscot]

Wondering if we're going to see a last leg up to $6k before going back to $4k. Would be an awesome short opportunity.

[DimPrawn]

Wondering if we're going to see a last leg up to $6k before going back to $4k. Would be an awesome short opportunity.

So not going to $100K then?

[AtW]

Or 500k?

[DimPrawn]

Or 500k?

Or $1m?

Could the Price of Bitcoin Go to $1 Million? -- The Motley Fool

[DimPrawn]

Or $10m

Bitcoin will hit $10 million, predicts Wall Street strategist Thomas J. Lee | Modern Consensus | Cryptocurrency and blockchain news and opinions

[AtW]

Zimbabwe dollars?

[scooterscot]

So not going to $100K then?

Depends on what happens to the US dollar. Everyone whose anyone knows a collapse in the US dollar is coming.

$6k closer and closer. Wait for the golden cross before going short. Going short on $100k means you pay attention.

[AtW]

It does not matter what happens to US dollar if you got a few mln USD

HTH

[scooterscot]

It does not matter what happens to US dollar if you got a few mln USD

You might be in for a nasty shock. Having lots of worthless paper opposed to a few bits of worthless paper is still worthless.

In 1937 many folks had the same impression but they stopped spend, employment went up, a full blown depression begun. Wealth was only protected by owning this of true value, such as gold.

[TheGreenBastard]

Depends on what happens to the US dollar. Everyone whose anyone knows a collapse in the US dollar is coming.

$6k closer and closer. Wait for the golden cross before going short. Going short on $100k means you pay attention.

What you really mean by "going short" means timing the market right, as you don't actually know what shorting is.