discuss Bitcoin price hit $50k - we're in boom market?

[QDomains]

Bitcoin hit $50k today, and many talking we're in boom market, that's really happening!

Can we see the demand of crypto related domains in near future?

 

[Jannes]

aaand $60K. Bitcoin dominance is still increasing, altseason hasn't really started yet.

 

[boomingnames]

I have
ScalpingBitcoin.com

 

[Jannes]

So we got our black swan event, escalation in the Middle East. The crypto market always takes a hit twice after bad news on weekends, first immediately (24/7 market) and then after tradfi markets open. Therefore Bitcoin may go down to $50K again, or of course even lower depending on how much things escalate.

 

[NameFu]

The pattern for bitcoin is that it's hyped, people buy it and the those who hype it pull out with a profit. This is will be the pattern without fail every "season".

It's like a game of chicken to see who can first crowd up in a room. The first person to leave is labeled a "chicken" by those who started the game, but then eventually everyone gets cold feet and the last ones leaving are the losers.

Every time...this is not a currency, it's a silly game of swindlers and suckers. .

 

[Jannes]

So we got our black swan event, escalation in the Middle East. The crypto market always takes a hit twice after bad news on weekends, first immediately (24/7 market) and then after tradfi markets open. Therefore Bitcoin may go down to $50K again, or of course even lower depending on how much things escalate.

Okay, WW3 is postponed for now, and Bitcoin is at $65K. As for altcoins, RWA (real world assets) seems to be a particularly strong narrative, thanks to BlackRock I guess. Hopefully this leads to some RWA domain name sales.