What the??? Just remember when there have been substantial fast rises in bitcoin there have also been nasty corrections. I just have to sit back and wonder what all of this means? There seems to be such a rush into bitcoin and many people are jumping on board, even at these prices. I have been told various things like "its like the .com years" when the internet skyrocketed, etc. It seems to me that gold and silver have been so manipulated for so long that investors just are forgetting about their stable value. I'm truly concerned that holders of bitcoin will one day wake up and find their holdings cut substantially by a number of factors:
1)The banking cartel could easily take over the bitcoin phenomenon with fake fiat money and bring it down
2)The banking cartel/federal reserve can just make their own cryptic currency and outlaw others
4)People keep saying "bitcoin" is totally protected through its ingenious digital technology and incredible algorithms .
5)Never forget the Stock Market Crash of 1929. Everyone was jumping in to make a fast buck only for the cartel to bring it down so fast that 99% of the population lost everything.
Whatever is going on with this phenomena we will soon learn the outcome. yes, bitcoin can rise to $10,000 and beyond, but do you really want to take the chance of loosing everything. I'm not saying don't have any bitcoin. I'm just saying don't sell your house and your wife to acquire it, because you might just loose it all, including your sanity. Good luck to all.
