“Bitcoin surges towards $13,000, boosted by ‘Facebank’”
Shhhh... You and I know it is the Bitcoin halving of May 2020.
They will figure the $100,000 secret out in August 2020.


https://www.ft.com/content/f6a17030-97d0-11e9-8cfb-30c211dcd229 …
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Replying to @BrianRoemmele
But if that is true, then we can expect another 80% downturn right after the halving, right? And if that is true, why would you buy BTC above, well... $20k? And if no one buys BTC above $20k, how come it will surge to $100k, knowing you should not or you will lose? Hmm...
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Replying to @Light_bound
Greg, great points. You know it is an enigma in some ways this is why most folks that don’t mine use their entertainment money to participate. It is an exhilarating experience. The short term is up and down they long term will be up.
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Replying to @BrianRoemmele
It is exhilarating. I love it (especially that I do not need it to make me rich) But I've lived long enough to learn that 'peace dividents' and 'end of history' never happen, Internet is not 'free,' and I am afraid BTC will not make all ppl rich and free either.
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Replying to @Light_bound
Greg, I hear ya. Very true words. When I was watching Bitcoin reach $1 with some other miners I think that may have been the most interesting point. Moving forward the value we establish in anything is always psychology. My wish is more folks get an opportunity then not.
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Replying to @BrianRoemmele
I appreciate it Brian. As you might remember -- I've been following you for a long time now -- I was very exited about BTC back in 2011 and 2012. I did not mine BTC but first used it in my payment app when it was $0.95. I just don't buy this BTC is rags-to-riches for the poor.
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Greg, thank you my good friend. It has been an amazing adventure. I agree history shows most folks will not unlock themselves from their current situation. I have been so honored to have witnessed some folks move out of dire straits with Bitcoin and for that I have gratitude.
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