TradingView
UnknownUnicorn1314136
Aug 19, 2019 5:22 AM

Bitcoin $300,000 Isn't Silly At All... Long

Bitcoin / U.S. dollarBitstamp

Description

BITSTAMP:BTCUSDSound silly? Not to the chart it doesn't. It is what it is, I'm an owner. If you aren't, you might wanna take a look. Bitcoin already has people testing the waters as a safe haven equity, and the thing is institutional money still really hasn't hit it yet. That means that the "mania" hasn't even actually begun. It's still in it's infancy, akin to AMZN or the internet in it's infancy stages. Being scoffed at and mocked by the "pros". Mock away. As for me, I am still buying pieces of bitcoin every good chance I get. WIll link last BTC buy post. I loved it then, I love it now, and I will really love it when I get rid of some for 300k or better. Fintech is the future. #Fact Happy hunting and GLTA!!
Comments
Chris_Evan
Do you think if this happens that you will be able to cash out? Do you think if this happens then your buying power will be increased? A careful study of history will prove that no matter how well cryptos perform, the banking system will not allow you to cash in.
UnknownUnicorn1314136
@Chris_Evan, I think the decentralized nature of cryptos makes this case uniquely different from history. I actually do believe one could cash out at those levels. Paychecks for jobs in New Zealand can now be paid in crypto currency. Mistakes will be made, as is expected in any disruptive tech. But cryptos aren't going anywhere, and from a technical aspect, these charts are infants. Best wishes on your trades!
More