Replying to Avatar Kevin's Bacon

Yeah I was wondering about this too. I'm really unsure. They have deep pockets for liquidity to pour into supporting the price, but still, some are gonna be believers, some are gonna be zombies going in only a certain amount programmatically, and some are gonna be bearish pulling out the moment prices turn downward.
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ew0k 1y ago

I imagine we could get custodian rug pulls across the globe, too, or political swings in the other direction. Could be messy. Not making any strong prediction here, just trying to wrap my head around it.

But I’m also someone who can’t understand how bitcoin isn’t yet above $500k lmao

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Kevin's Bacon 1y ago

Yeah I get ya. Most people are slow to catch on. They're not curious types. That's why it's not $500K yet.