I would agree with everything you said, but my one lingering fear is a coordinated government push to suppress the price long term like with gold and the big NY banks. It would be tougher to pull off with bitcoin, but they may try. Powerful interests will do everything possible to keep the fiat ponzi going.

siggy47

bitcoin

ETF pressure

crrdlx

I'd say you're spot on with how people will run when the bear comes. No doubt the "new money" from newbies will have cold feet when times get shaky. How many times have we seen this?! :)

Regarding Fink, I don't know too much about him, just that there's a large quantity of money involved.

I guess I'm thinking more long term. I see an initial boom, then a slow and maybe a pull back, then a bear and run. Then a pause. But as things grow more common and normal, really don't see a trend away from bitcoin over the years, but a trendline that moves toward more investment, even if slowly.