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RE: Hey Mark Cuban, Stick to What You Know!

in #cryptocurrency7 years ago

I didn't say 50% of the general population of any country even knows about let alone owns bitcoin. I said a bubble can form with even 1% of the population in bitcoin if everyone who wants in is already in at "whatever price is neccessary to get in" is paid. Based on my "sentiment" indicators that is pretty much where you are at right now. Bitcoin is priced for perfection if measured by sentiment driven pricing models that predicted price movements of other assets in the past. Bitcoin is basically "off the charts" with investor enthusiasm so if you are looking for lower prices...your chances are better than good that your wish/hopes will be met. Here's hoping hope doesn't turn to fear. None of the advocates will help you. Those who paid $100/coin or less likely don't even give a shit about anyone who paid current prices.