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S&P 500
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US TECH 100
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chessmaster315

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chessmaster315

Re: catdaddyrt post# 685

Sunday, 07/25/2021 8:46:01 AM

Sunday, July 25, 2021 8:46:01 AM

Post# of 870
Im still long on EPD, Chase predicts it to go to 30.

If the major BTC miners lose power, that means the supply goes down, and the price goes up, similar to new Chevy pickup trucks. (Miners are producers of bitcoin).

Have you tried to buy a Chevy truck lately? This shortage, caused by a chip shortage, has driven both new trucks and nice used ones prices up.

By market Cap, Bitcoin (644 billion) is larger than both Tesla (641 billion) and Berkshire Hathaway (588 billion). Its ranked "in the top 10 in the world, by market cap.

Bring on the China 3 Gorges dam closing! Bitcoin has reached "critical mass" and can not be easily stopped.
https://medium.com/the-capital/when-will-bitcoin-reach-critical-mass-4feafc2798cc

More recently, Goldman Sachs says bitcoin has reached critial mass:
https://www.goldmansachs.com/insights/pages/crypto-a-new-asset-class-f/report.pdf
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