The crypto world is starting to get extravagant traits. Last week a true Blockchain cruise from Singapore to Thailand was organized in Southeast Asia. Those present, mainly young men who had become rich thanks to the crypto-hype, despite the drop in the price, drank a seemingly endless amount of alcoholic refreshments. "Nothing goes up in a straight line."
It can not be in the world of crypto coins. Comparisons with the Internet bubble or the credit crisis are out of the question. Spending the quickly acquired power also starts to take on similar forms. This includes alcohol-infused cruise girls. Bloomberg reporter Blake Schmidt was there and looked at it.
At the moment of departure in Singapore, the course was at a good $ 13,500 mid-week when the ship with 600 crypto enthusiasts moored in Thailand, however, the charts colored blood red with a rate that fluctuated around $ 10,000. Panic was not witnessed by the Schmidt report, perhaps because of the alcohol, but in any case the supporters were right, since the price is now again in the direction of the $ 13,000. To say it in the words of one of the cruise speakers Standpoin Research founder Ronnie Moas: 'Nothing goes up in a straight line.' It turns out, he is even so steadfast in his belief that he predicts that the Bitcoin course in the 'best case scenario' will reach $ 300,000 within seven years. Speaking of rock-solid trust.
For skeptics of the crypto-rage, on the other hand, it is difficult not to see this all over again, Schmidt writes. He is referring to extravagant conference in Las Vegas immortalized in The Big Short, which preceded the credit crisis of 2007. Whether it will actually run as fast as in 2007 is of course unpredictable, we only know that in a year or ten. In any case, the steadfastness of the true Bitcoin believer will be difficult to break. In that respect, we are looking forward to the Day of the Crypto held later this month in the Amsterdam RAI to see how the Dutch enthusiasts are doing.