You are viewing a single comment's thread from:
RE: The next Tulip Mania or the Beginnings of Something More?
For what it's worth, I think that we are in the very early stage of the crypto bull market. When the Crash of 2017/2018 hits with full force, stocks, real estate, and bonds will all get crushed. There will likely be a flight to safety and stores of value like gold, Bitcoin, and silver.
Sure, I could be wrong, but I think that the bond bubble finally bursting will be just brutal.
If people are selling everything else, why wouldn't they also sell bitcoin?
Cos you have to sell "everything" FOR something. Something that will not lose value
Good point but at that point I feel like cash is king, will bitcoin be on the same level as the almighty dollar?! Time will tell...
For what it's worth, my theory is because Bitcoin is inherently finite and deflationary. An almost infinite number of bond debt can be created (heh, this has basically already happened).
You have a point...