lol everyone has the inside scoop, truth is, GOLD is the key and other precious metals as they also have practical uses. And why everyone dumps oil and picks up gold in these times. wanna make a quick 15% thats what u should do.
Crypto is "printed" everday and everday its done cheaper and faster and everday its harder not to be taxed (why it was so great for awhile). it may see some upswings here and there when folks get more comfy with them however it already has had its limelight.
Anything LARGE like huge national store accept coins will show a brief upswing however the gov will impose laws to stop it. remember the gov DOES NOT WANT crypto and because of that until they use it themselves it wont see gains like it has in the past.
lol guys higher on the totem pole have always hyped things to the little guy and given secret info, wonder if they ever had any motivation to do that other then help themselves lol. hopes and fears control markets remember...
I am sure you will make some money, and hope you make millions but remember there isnt going to be giant new market exposure like there previously was.
Also is there anyway to know how much bitcoins are out there? is it possible for a company to internally make and "buy" coins protecting from the whole of the market? and when price goes up could they drop millions into a bitcoin buying service?
There is little barrier to entry and infinite amounts that can be mined, do u think china would pump out a bazzillion using cheap computers and CHEAP CHEAP power which would lower price? lol funnel more USD out of americans and finally take over the world. but somehow i think the gov wouldnt want to bsically give money to countries who have cheap energy to run computers. actually likely russia would be a good place to mine, lots of natural gas energy and cooler climate.
anyway, there is more going on then ur buddy saying a new app is coming out to make it easy to use crypto or a company setting up a larger mining facility.
remember supply and demand, 5G makes computers faster and cheaper. so if it becomes SOO lucrative to mine everyone will do it and supply goes up
its too slow too volitile and currently too expensive to use for day to day transactions.