Friday, 14 August 2020

What is the real case for $50k+ Bitcoin? And why is it not equally possible that price discovery tops out at $20-$25k?


Once BTC hits a certain value, it's a mental barrier to new entry or for HODLers to buy more. BTC can't just split 5-1 like Tesla to fool people into thinking it's cheaper. I'm looking forward to reading some well-thought out comments outside the "scarcity bro!" argument. Happy HODLing y'all! via /r/Bitcoin https://bit.ly/3iIFOPM

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