I love it when the dynamic duo start riffing
Crypto Currency - Believers Only
Funky is a civil servant? I had him down as someone who uses his hands
Doesn’t Funky help build roads?
Fairly sure he does something along those lines.
Not being disrespectful, just what I remember.
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RichM well unfortunately the markets decide what has value, not individuals, so after many years of trading the market says Bitcoin has value traded against any other currency in existence.
The current market cap of Bitcoin is greater than Tesla, Meta and Berkshire Hathaway….lets see where it is in 2025
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RichM s&p 500 is close to 40T. Big institutions only play crypto with pocket money atm. They can play with a heck of a lot more if they see the opportunity long or short, remember 100k is a 54% run from these levels it’s not out of the question at all esp with all the money that has been printed by these crooks just siding on the sidelines.
Funky you stated what I said, investment institutions could invest more, but they aren’t. Yet Hursty has guaranteed Bitcoin triples by end of 2025. I would assume the big guys would want a bigger piece of that pie. Or is Hursty just spouting usual crypto shite thinking it will go to the moon etc
Maybe I’m just bored of keyboard warriors thinking they are investment specialists in this space
RichM they are already invested Rich, who do you think is pumping Bitcoin these last few months, all those skint retail customers?
I think from here, circa $44k then north of 6 figures is a very reasonable target given the history of price action. Is that moon boy territory? $500k is moon boy territory
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RichM I was buying crypto like fuck this time last year when btc was at 17k and eth was at 800 everyone thought I was nuts and that crypto was fkd but buying the fear sometimes is what you have to do maybe it was luck. Personally I wouldn’t get into Bitcoin or Solana now they have ran to much and a dip will be needed if they are to step up again. If I’m not early now I’m very hesitant but that’s not to say it won’t go to 100k by end of next year i just don’t have balls to jump in again now.
Sold my solana & btc a few weeks ago, got rid of most of my dot just holding some eth and shib now but I’m stepping well away now unless a very good opportunity comes up again.
Just remember what crypto had to fight this year also and it still came out on top.
Funky sounds like you have done well and sensible approach, fair plays to you.
I would love Bitcoin to reach 100k as I would finally make some cash on it I’m just not convinced it will go that night by 2025. Like you said, it will plummet again at some point, so that 100k mark becomes more unrealistic (in my view)
However it’s been a nuts investment for ages so who the fuck knows.