Interesting choice of topic @belemo

> The aftermath of this period will of course be a gruelling couple of years living in the wilderness with the bears

Wow. That's quite dramatinc :))

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Personally, I do not see any way that we could experience bear market in middle or long term. I would surely expect some pull-backs in short term.

Why?

Mostly because environment is very different now, comparing to previous bull runs. Right now we're witnessing huge expansion of balance sheets across all central banks around the world. Amount of "easy money" being pumped into the system will eventually cause losing value of that FIAT currencies.

So in current days Bitcoin is becoming less of an investment, but more of a "way to protect wealth". Demand will be increasing and supply ... well. Apparently 100% mined bitcoins are being purchased right away by Paypal and some other giants. That's also a game changer.

Yours, Piotr