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RE: Bitcoin A Crazy Target for BTC Or The First Major Global Bubble?
Every investment has peaks and valleys. BTC is no different and has already shown this time and time again. If you got in for pennies you're already very happy if you got in at $3k you'll be very happy in the future. Just hold on.
The issue isn't so much the peaks and valleys, that's the short-game. The issue is more how much upward this market can go. Because if this market reaches just half way of its total potential, then the world you and I know will already be a very different place. The level of displacement/disruption/chaos we can get to see is hard to fathom at this point. I'd say that seeing a Venezuela like scenario around the world whilst the transition takes place is a very real possibility as the "last" ones to adopt cryptos and precious metals start to panic in the face of hyperinflation. But hey, Venezuela only has 31M population, with the capital Caracas at around 5.2M. London is 10M. It would be complete chaos!