Bitcoin’s “New Narrative” Sets Bubble Fears Aside
@CharlesSchwab’s Jim Ferraioli compares the recent crypto bubble to that of others dating back to “Dutch tulip mania” in the 1600s. Bitcoin “is not a speculative bubble,” says Jim, explaining why a new bottom for the cryptocurrency is in. Extended retail and institutional investor adoption of crypto sets what Jim calls a “new narrative” for the space.
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3件のコメント
SO MANY "UMMMMS"!
This is extremely frustrating. Speak with some confidence, you don't have that much time to explain this complicated concept to people!
People SHOULD go father back in history to all the times empires debase their currency by mixing gold with other metals.
You can't debase Bitcoin, it's finite. These cycles are timed with all markets. Midterm years are always bad because the people who manipulate the market have to spend all of their money on political campaigns and ads. Bitcoin has always been much worse in that regard because it's globally liquid, and the majority of people who used to own it were young people without much money at all.
Young people have to sell their Bitcoin just to buy groceries. The elderly people who get all of the welfare checks will gradually start to buy and hold in their brokerage accounts.
Trust me the bottom ain’t in mate … 😅
Better get in now while you can. I mean 2030 will be here before you know it and then it will be a $1mil…