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RE: FED printed over $270 billion of fresh USD out of thin air and pumped it into the Banking System to keep it alive!
Go Banking System, GO!
right off a cliff
this is one of the problems with anticipating a bitcoin price.
If we had 100% adoption right now, bitcoin price would be in the high Billions.
(yes that means each satoshi is worth several hundred dollars.)
However, during the adoption, the dollar will become less valuable.
And derivatives even less so.
So, we will see 1 million dollar bitcoin.
But, i do not feel we will see 1 billion dollar bitcoin.
But at some point, the price of bitcoin will stabilize, like that car is worth 0.004 bitcoin
Nailed it.!!
Stephen
When do see the BTC price exploding?
That's the one million doller question, right ;)
NOW!!!!
Most people want to know an exact time, so they can like, borrow money, or go all in.
Neither of these things work.
Even if i was able to see a future, and totally knew when... just the doing of the above would change the future to a different future.
What will happen is the hole in the dyke will get a little bigger, and a little bigger,
and then bitcoin will go NO BID.
There is a time where no one will part with bitcoin for The US$
So, the dyke is leaking, and all the FED is doing is adding more water (to keep the level the same) which does nothing about the leak. Its just a matter of time.
I suggest putting everything you can afford into cryptos or silver.
After you have made sure that you have enough The US$ for expenses.
After you have made sure you have 3 months worth of food.
Sell all the toys you don't need / use right now, and convert them into cryptos.
And then have plans to trade for what you want with cryptos.
It will happen much faster than any of us will be comfortable with.
I feel you... already in the process.
You just gave me motivation to work a little harder.
Thank you!