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RE: Current Bitcoin Bear Market Similar to 2014/15 Bitcoin Bear Market?

in #bitcoin • 7 years ago (edited)

Yeah, but there are many major differences as well.

#1. Impossible for the little guy to mine.
#2. Wall St. has their feet in the pond
#3. BitConneeeeeeeeect!
#4. The IRS want their "fair share"

I find it hard to believe that we'll be able to reproduce a 2017 style run-up based on the factors listed above.

7 years ago in #bitcoin by
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     7 years ago  

    While that may be true, there is a lot of money in the world, of which bitcoin only represents a fraction of it. I would guess that crypto investments become a lot more targeted vs. 2017.