Quote:
Originally Posted by mrbaseball
Yeah. We need this stuff to bubble Hunt brothers style or at least another run like 2011. We need irrational exuberance mrmusicrecorder style. We need mouth breathing stackers crawling out of the woodwork. Nothing is more fun to trade than a bubble. But it isn't bubbling yet. But I hope we have enough stacker bros that haven't switched to bitcoin yet to give us a good tradeable run here. It will end in tears like it always does but it could be some great trade before that happens.
Bingo, and here is what I am speculating is one of the major roadblocks right now: A lot of the johnny come lately retail investors/traders got burned badly by precious metals a few weeks ago after everyone and their mother was talking up gold and silver and they are now likely scared of ever touching them again. You can get a glimpse into that kind of mindset by looking at Portnoy's tweets from the last week about crypto. These people have been spoiled af, have no patience, and they have no tolerance for red.