The next Bitcoin halving is due in April. It’s likely to go nuts after that. Altcoins will follow shortly after.
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Any theories on what happens next?
I get newsletters from Arthur Hayes and I check a few crypto news sites.
Lots of speculation - even the FT is less scathing than it used to be.
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My theory is BTC and ETH will start to rise soon and then the alts will go crazy over the next 12 months. An as yet undetermined meme coin will make someone stupendously rich.
The cycles all seem to follow the same sort of pattern.
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I know nothing about Bitcoin, it’s like another language, but it’s great to know Eric Ten Haag will rise soon, hopefully just in time for the cup final 
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I was with a crypto investor guy last night (well he also invests in gold, silver and platinum more)… His take was after the halving it will basically go up and up and when the NFT’s etc enter the fray again that is when the bull run ends and it dips back down… Should be a good run after the summer though with the alts following suit…
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There are none, its all hype / luck
@ibicenco - The fact the ledger is decentralised keeps whole thing safe from hacking but wallet companies are a risk
Yup. Like most of the money markets.
I had a mate tell me and another friend about this block chain digital currency thing on a camping trip years ago. The other friend on that trip was in banking, and he didn’t even understand what it was. Paul, the guy banging on about it was a bit of a conspiracy theorist, so it was kind of framed around bitcoin being currency when cash fails. Back then bitcoin cost $40 and now Paul, the fridge mechanic from Felixstowe has houses all over the world, and an amazing record collection.
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There is a truth to that & fact its not impacted by quantitative easing has made it rise especially after covid & 2008 crash
But the levels its gone to is unexplainable to me & Ive got an economics degree
Admittedly I was studying 89 - 92 & I was going out a lot so if the important classes were on a Monday / Thursday (Wed was always a big night in Sheffield) morning could explain why I dont get it as I may have missed that class or not been concentrating that hard
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I think because an increasing amount of US states have adopted it as a reserve currency? Also, most blue chip Investment companies recommend that a 15% bitcoin stake is recommended in your portfolio. Also it’s had a 50% PA growth for quite some time now. But yeah, it will either explode or die I suppose.
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CBDCs are around the corner. In my view it’s not going anywhere. It’s the digital equivalent of gold reserves.