Replies to post #129962 on DD Support Board and Research Team

[Hattori Hanzo]

It's not. People will point to this recent explosion and say that it's the big money doing everything they can to get position, a result of the futures trading next week.

The driver behind this seems to actually be S Koreans who are panic buying it to hedge against a potential N Korean invasion.

Those people are going to be wiped out when the party wraps up here.

[Zorax]

There can only be 21 million Bitcoin mined

How many forks are there? Are you forgetting this?
Isn't this a form of dilution when people create their own bitcoin?
At what point does South Korea create it's own cryptocurrency and deem all original fork worthless? I don't see any international laws that says they can't.

[Buckey]

what if they are wrong? what if there are more bitcoins out there than they say? So unanmed people say its so is not good enough for me.

Crash?

Think math here for a moment.

There can only be 21 million Bitcoin mined. And every single person of minimum technology understanding has heard of it. 16k might just be a super joke bargain and far from a crash.

hunder

Other than the obvious which I buy bitcoin because it is going up and I can sell it higher give me a fundamental reason on why one coin is worth $15,000. Eventually common sense and fundamentals will have to rear their ugly head in this tulip bulb craze. WE lived the dot com boom and saw tone of crazy Market capitliaztions because of the gerat fool theory,

I will be positing my starting put positions on Monday