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#686 Bitcoin Could Go To $5 Million w/ Plan B

The Pomp Podcast

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Bitcoin

I do think there will be a crash, and it could be as large as the crashes we've seen in the pass. We have had three crashes of 80 %, and i see no reason why we couldn't have another one. The cycle that is sort of a triggered by the hoffing, is a very real thing. It has to do with scarcity of bit coin. That's to do with the shortage that we're seeing right now. But if you look unchanged, so the bitkings that are in coal storage, that that large investors have, you can very clearly see these waves of shortage.

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