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RE: Gregory Mannarino: Markets, Metals, and Making Sense of the Madness (Greg Mannarino interview)
Greg, seriously... what is happening in cryptos... for real? I stumbled across bitcoin a couple years ago, and my tech mind immediately thought something was possible (and Andreas Antonopoulos made the best pro BTC speeches ever eg. https://steemit.com/bit/@lighteye/andreas-m-antonopoulos-mastering-bitcoin-unlocking-digital-cryptocurrencies ). I decided to drop $2500 into it, thinking to go long from the start, it was my entertainment funds for the year. Now my original buy in is sitting at $102K and I am thinking it has to be a bubble, but WTF it is still higher EVERY time I check in on it. I literally look for shelter if I hear thunder, because I want to be around to spend it.
I did an anecdotal experiment yesterday. I asked everyone I met, literally everyone (friends, co-workers, clients, cashiers, A&W window attendant, ~50 people) if they had heard of bitcoin (~10) and if they owed any (0). I am literally the only one in my sphere that owns any yet.
Exactly! Maybe it is in a bubble looking at historical charts but maybe in 5 years it wont be anything more than blip on the charts. Hardly anybody owns these assets and like you proved only 20% of people have even heard about it.