Replying to Avatar bitcoinlimit

This is the Lebanese pound, and #Bitcoin is now priced at over 8 million LBP. Soon, other currencies will follow the same path. And when power law or other models tell you to sell, don’t listen to them, because all your models will be destroyed.
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gojiberra 1y ago

i have a theory that right before these massive jumps up, everyday people sense that something is wrong and tend to hoard cash, what they feel is the safest thing. so scarce assets like bitcoin can temporarily look cheap until they don't.

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Micael 1y ago

Yes, thats exactly how it works.