Bitcoin is like heroin, the more people buy the more they have...

  1. 424 Posts.
    Bitcoin is like heroin, the more people buy the more they have to buy in future to support the price.

    This is ok while everyone is holding but soon as they start spending it you need even more people buying to stop it crashing. When you run out of new buyers is when this all ends and it will be sometime this year.

    Interesting $400mil purchase, probably somone in China hiding money from government I had seen millions being bought quickly out of nowhere I guess this explains it.

    But at end of the day lot of people going to lose a lot of their savings when the pyramid collapses
 
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