Due to an increasing rate of global fiat debasement, the 0.1 bitcoin is being repriced higher in the future, the current estimate is $2.5 Million in 2046 Buy as many of these 0.1 bitcoin units, as the demand is increasing and price is going to go up soon
I think bitcoin is being distributed. Most of the volume is happening here at the highs whereas for Ethereum most of the volume happened prior to the breakout. Todays pump might be a great time to load massive short positions before they flush leverage traders down the toilet.
With a market cap of over $2Tn, you'd think 80% drawdowns would be less likely but who knows. You'd have to be incredibly fearless (or reckless or feckless) to put the majority of your net worth in something that has a history of regularly dropping 80%. I also agree with your other comment, that going up 10x from where we are now will be a lot harder than when the market cap was in the tens of $millions. If someone is after a ten-bagger, there may be better candidates elsewhere.
bitcoin is a store of value, and if I know it will go up forever and is the safest asset, it will be incredibly stupid and retarded for me to put the majority of my family's net worth anywhere else Anyone who thinks in absolute m2m value in the short term is focused on the concept that you have to have your full net worth value for spending in the short term And as such, do not understand risk management across time and space What is most moronic thing I've seen and how brainwashed the people are, is that so many people are willing to pay and be a slave for 30 years to be a "home" owner And a home is one of the most illiquid assets that exist... a prison in the mind, a prison in the physical world, and idiots pay the privilege to be trapped, to the government property taxes to the banks who create the money out of thin air instantly (credit creation) , to the insurance companies who never pay during disasters