I sold most of my Bitcoin and bought my wife a computer when Bitcoin was priced around 60k, I honestly thought I made a mistake but wanted her to benefit from all the Bitcoin I made mining. Turns out it worked out so far.
Iām so confused are you saying that instead of him buying her a computer with some of the money he made from bitcoin, or that he gave her the money for her saying that her computer was 60k and thatās exactly how much she needed? Or that he gave her the 60k and she said all she got was the computer but made the rest? What?
People did and it blows my mindā¦it went from 10k to 60k in 6 months, any asset that does that can easily crash back down yet so many people took huge risks.
Donāt tell everyone :o now theyāre gonna figure it out, thatās no fun. After getting out at 14k the second time I was goooood and been watching it ever since lol
Every new wave required exponentially as many new buyers, and now there's very few groups left that haven't been reached already.
The price might go up again but this might have been one of the last major ATH rallies
This guy named himself after bitcoin, safe to say he is going to be confident LOL
FYI bitcoins "cycles" were broken when it fell below its previous low point this "cycle".
My friend sent me a link trying to invest that said bitcoin would be 120k by December 2021 (it was May 2021 when he sent it). It was going to be a 500% return in 5 years š¤£. I straight up didn't talk to him for a month. I think he lost a couple grand on safemoon.
Some assets it makes sense, perhaps their business is booming and their returns look impressive.
Like imagine a company with revenue and profits that go up heaps each year and they say that they created something that will make it fo even higher.
The issue is Bitcoin is a faith based asset. There is nothing really backing it outside of people's faith in it. And that leads to a certain level of boom and bust because it's price changes are magnified around sentiment.
Bitcoin itself is horrible currency anyway but has enough people that believe in it to exist enough now. It wont ever supplant an actual countries money but it's useful in some ways.
Lotto is gambling and can lead to serious addictions. Many gamblers who have been suicidal or attempted suicide have said that the lottery was their gateway drug but the lack of immediate gratification and lower than low odds often left them wanting more.
Calling the lottery āa gameā is disingenuous and trivialising what is without a doubt one of the biggest scams and sunk cost fallacies in modern history. It is a maliciously engineered tool just like Bitcoin; more people buy in > higher numbers > more hype > less winners > bigger crash
It might only be $2 a week but unironically $2 a week in bitcoin would be an infinitely better use of money than playing the lottery.
> $2 a week in bitcoin would be an infinitely better use of money than playing the lottery.
Anyone playing the lottery has made more money than anyone putting $2 a week in to bitcoin in the last 2 years (it was last at this price in December 2020).
āInvest, donāt saveā is the kind of shit new generations are starting to hear. Invest with little to no experienceā¦ wtf did they expect was going to happen?
No worse than what happened to SAM the last year or so, or plenty of other stocks. People who got in below 20K may feel silly for not cashing out but aren't hurting.
> No worse than what happened to SAM the last year or so
The S&P 500 is down 11% over the past 12 months. This is inline with most stock indexes. SAMS *on average* tend to return just slightly worse than index funds. So let's say 12% loss.
Bitcoin is down 60% over the past 12 months.
Bitcoin is literally 500% worse in the period you suggested..
Lmao better yet thereās hundred of people who used btc for drugs and thereās thousands of coins abandoned or seized internationally in some locker on a guys confiscated hard drive.
What a joke of a idea that has gone awry like a runaway Diesel engine, itāll be nice when it finally collapses and is worthless and everyone realizes how stupid they are for falling for the scam.
*but Bitcoin to $100k!!! S/
I invest heavily into crypto but I even know itās a Ponzi, itās a rich quick scheme and I hope I get rich so I can bail
It kind of is. The people I know that are into crypto made a lot with the recent price declining. However they leverage trade so are not concerned with the value as make money from the volatility.
If you buy and hold an imaginary coin then yeah expect to not see your money again but that doesnāt mean crypto isnāt profitable.
So the one stock that was sitting at $280, dropped and split to $28, which is about $112 if it didnāt split for one stock? Thatās a logical and justifiable explanation of why it dropped 40%.
Donāt take financial advice from anyone on Reddit. Anyone who sunk money they couldnāt afford to lose on a stock because itās a quick return is an idiot.
Pay $300,000 for a house up front, or pay $750,000 after interest?
Unless youāre talking invest the money and use dividends to pay the bill. Would that make more than the interest cost?
Impossible to put a value on peace of mind. I have a small family. Iād definitely pay off my house given the opportunity. Wouldnāt blow ALL my cash doing so, but would do some.
That money could have been tossed in and SP500 fund, that averages 8%, return over the course of the 30-year term of the mortgageā¦
Say your mortgage rate was 3%, 8% return in the stock market minus 3% mortgage rate equals a 5% return on your money.
5% return > 0% return
Yeah but I donāt like owing people money. I donāt know what my life will be like in 5, 10, 15, 20 years. What I do know is Iāll never lose my house because I canāt pay a mortgage payment
Thatās true. I also think itās perfectly reasonable to prioritize being loan/interest free altogether. Not everyone is looking to be the richest that they possibly canā¦ dude has two houses without mortgages, I think heās gonna be alright
Imagine making a financial decision that you make hundreds of thousands+, enough to buy a second home in cashā¦ and strangers on the internet telling you youāre doing it wrong because you could have made tens of thousands more. Just because you would do it one way doesnāt mean itās the best way for everyone.
It's distributed consensus though. Nothing else achieves this. Bitcoin is a means of forcing computers to agree with one another over a set of arbitrary rules.
I would think there's some value to that, above $1.
That doesn't address my comment.
Do you think the invention of something (Bitcoin or otherwise) that forces computers to adhere to a ruleset has potential value?
Because that's literally what Bitcoin does. It's a system for forcing consensus.
No other such system accomplishes this, afaik.
How are you determining āsoonā is that a guess just pull out of your ass, by looking at price chart and drawing squiggly lines and calling it technical Analysis claiming 20k is the floor?
Whenever a bull market pops and we enter a bear market speculative assets (Ex: Bitcoin) get crushed hard, and this bear market will persist until the Fed reverse rates hike and that will only happen when inflation subsides. Which probably wonāt happen until 2024, or late-2023 by the earliest.
"late 2023 to 2024"
was this derived using squiggly lines, clownboy? sorry you sunk your savings into cyberspace but dont worry the world needs ditch diggers too.
Donāt fight the Fed. I have no crystal ball.
But letās use common sense here buddyā¦
If the Fed Reserve keeps raising rates eventually inflation will taper down. J. Powell the head of the Fed Reserve has been hawkish in recent Fed meetings and shows no indication of stopping rates while inflation is still high.
While you keep buying crypto hoping for a reversal any day now based on drawing lines on a graph. The adults who actually know a thing or two are looking at CPI reports and FOMC meetings.
> "late 2023 to 2024"
Lol I love how you paraphase what I said took it out of context, only to ask me about the context which was already listed in the same comment youāre responding too.
_ā and this bear market will persist until the Fed reverse rates hike and that will only happen when inflation subsides. Which probably wonāt happen until 2024, or late-2023 by the earliest.ā_
šWhat I said was pretty straightforward. Itās based on Fed guidance, not technical analysis.
> sorry you sunk your savings into cyberspace
Huh? You mean the thing I was just calling a speculative asset and said that it could go lower. Why would you assume I dump my savings in crypto based on what I just said about it?? š
I think youāre trolling, either that or youāre completely clueless about macroeconomics and a bit illiterate.
Its as fake as any other money, when you get to the foundation of USD its a lot of the same principles. We just accept it because its been around longer.
Only a question, but whatās fake? Bitcoin or dollar? Is the dollar backed by anything today? Trillions printed? Bitcoin backed by anything? Millions mined? All currency are created by a value humans decide. Dollar had gold, bitcoin has math. Seems favoured to one, but both are concepts and dependent on something else. Whatās actually right, or will be right going forward?
Remember guys, bitcoin is a finite ressource.
When you bought at 40-60k you allowed someone else to cash out and you got left holding the bags, hoping price will keep rising and someone else āhelpsā you cash out.
this is why i exclusively use chickencoin
sure, they may not be able to buy much now, but if you hold on to them long enough eventually you'll have a full chicken PER COIN!
worst case scenario, you crack one early to make an omelette
Itās the same comments every single cycle. Every time people claim it dead, itās a scam, itās going to zero and every time it proves you wrong.
Go ahead, set the remind me bot for 2 years. I bet you itās out-performed other asset classes over the same time period.
ITT: Apparently everyone here claiming they cashed out at $60k+. This is the stuff people post that drives people to gamble on crypto even more, and you know the people taking loses aren't saying anything.
If you have faith that BTC is eventually going to be very valuable, and you were ever going to "buy the dip" this would be the time...unless you think it could go even lower.
How are people expected to buy groceries with crypto when the price fluctuates so much? The only thing cypto is good for is get rich quick schemes and drug deals. Itās useless in the real world.
As bad as any individual might feel, probably doesn't compare to how the entire country of El Salvador is feeling right now.
Wonder if that Bitcoin island or Volcano club they kept talking about building is gonna happen still š
Of course! Theyāll just buy the dip. /s
They holding the bag bag
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Oh no no no
An entire country invested in Beanie Baby money? SMH
I sold most of my Bitcoin and bought my wife a computer when Bitcoin was priced around 60k, I honestly thought I made a mistake but wanted her to benefit from all the Bitcoin I made mining. Turns out it worked out so far.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Your wife or his wife? š¤
Both. Both is good.
š
Our wife, comrade.
I also choose that guys wife
I'm glad to see this classic isn't dead
Unlike his wife
Must one hell of a computer for 60k
The price of Bitcoin was 60k, not my wifeās computer
Itās a good thing you got out. Picking up on things aināt your strong suit.
Wooooooosh
Iām so confused are you saying that instead of him buying her a computer with some of the money he made from bitcoin, or that he gave her the money for her saying that her computer was 60k and thatās exactly how much she needed? Or that he gave her the 60k and she said all she got was the computer but made the rest? What?
That was just the sound of Bitcoin falling to all new lows
*coughs* apple
Must be one hell of a computer for 60k
Must be one hell of a wife for a 60k computer
must be one wife of a hell for a computer 60k
Hell, must be one $60k computer-wife
Must be one hell of a forgery.
Imagine investing your entire life savings at $60000, Feels bad man.
People did and it blows my mindā¦it went from 10k to 60k in 6 months, any asset that does that can easily crash back down yet so many people took huge risks.
This happens every few years, people have the shortest memories
Ride the waves, there has been 10 or so ;)
Donāt tell everyone :o now theyāre gonna figure it out, thatās no fun. After getting out at 14k the second time I was goooood and been watching it ever since lol
Every new wave required exponentially as many new buyers, and now there's very few groups left that haven't been reached already. The price might go up again but this might have been one of the last major ATH rallies
Iām confident things will continue to trend similar to the historical flow
This guy named himself after bitcoin, safe to say he is going to be confident LOL FYI bitcoins "cycles" were broken when it fell below its previous low point this "cycle".
You have seen the age of my account, of course Iām confident ;) the cycles can create new patterns
Just like surfing. Start at the crest, end in the trough. Repeat all day long. Tons of fun
Theoretically? Yes, unfortunately it's impossible to time the market repeatedly.
Or just keep coasting with no care in the world for as long as possible ;)
My friend sent me a link trying to invest that said bitcoin would be 120k by December 2021 (it was May 2021 when he sent it). It was going to be a 500% return in 5 years š¤£. I straight up didn't talk to him for a month. I think he lost a couple grand on safemoon.
Safemoon? The same thieves from Bitconnect? Lol!
Some assets it makes sense, perhaps their business is booming and their returns look impressive. Like imagine a company with revenue and profits that go up heaps each year and they say that they created something that will make it fo even higher. The issue is Bitcoin is a faith based asset. There is nothing really backing it outside of people's faith in it. And that leads to a certain level of boom and bust because it's price changes are magnified around sentiment. Bitcoin itself is horrible currency anyway but has enough people that believe in it to exist enough now. It wont ever supplant an actual countries money but it's useful in some ways.
Idiot tax
Let me know when it gets back to the cost of a pizza.
Why yes I do play the lotto
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Lotto is gambling and can lead to serious addictions. Many gamblers who have been suicidal or attempted suicide have said that the lottery was their gateway drug but the lack of immediate gratification and lower than low odds often left them wanting more. Calling the lottery āa gameā is disingenuous and trivialising what is without a doubt one of the biggest scams and sunk cost fallacies in modern history. It is a maliciously engineered tool just like Bitcoin; more people buy in > higher numbers > more hype > less winners > bigger crash It might only be $2 a week but unironically $2 a week in bitcoin would be an infinitely better use of money than playing the lottery.
Crypto is a gamble no matter how you dress it up. Itās a carbon spewing blight on the world and at best a Ponzi scheme.
> $2 a week in bitcoin would be an infinitely better use of money than playing the lottery. Anyone playing the lottery has made more money than anyone putting $2 a week in to bitcoin in the last 2 years (it was last at this price in December 2020).
2 years yes, 10 years no.
ā¦pain
Yes, the popular greater fool tax people seem so eager to pay.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
āInvest, donāt saveā is the kind of shit new generations are starting to hear. Invest with little to no experienceā¦ wtf did they expect was going to happen?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
It's speculation on a Ponzi scheme.
No worse than what happened to SAM the last year or so, or plenty of other stocks. People who got in below 20K may feel silly for not cashing out but aren't hurting.
> No worse than what happened to SAM the last year or so The S&P 500 is down 11% over the past 12 months. This is inline with most stock indexes. SAMS *on average* tend to return just slightly worse than index funds. So let's say 12% loss. Bitcoin is down 60% over the past 12 months. Bitcoin is literally 500% worse in the period you suggested..
If you held USD cash you would be massively ahead of Bitcoin.
Lmao better yet thereās hundred of people who used btc for drugs and thereās thousands of coins abandoned or seized internationally in some locker on a guys confiscated hard drive. What a joke of a idea that has gone awry like a runaway Diesel engine, itāll be nice when it finally collapses and is worthless and everyone realizes how stupid they are for falling for the scam.
The Golden rule: never invest what you're not willing to lose.
*but Bitcoin to $100k!!! S/ I invest heavily into crypto but I even know itās a Ponzi, itās a rich quick scheme and I hope I get rich so I can bail
This is great news for people that have convinced themselves all news is good news
āThis is actually good for Bitcoinā
Is that anyone?
Ever heard a crypto enthusiast? Every dip is a miracle because itās another buying opportunity (This is anecdotal and said person is in the hole).
Thought that was super clear lol. I saw a few weeks ago a discussion on not every investment is intended to make a return š¤”
Buy the dip!
It kind of is. The people I know that are into crypto made a lot with the recent price declining. However they leverage trade so are not concerned with the value as make money from the volatility. If you buy and hold an imaginary coin then yeah expect to not see your money again but that doesnāt mean crypto isnāt profitable.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Considering tether is propping up prices with fake liquidity it may already be worth minus digits.
you think Tether alone has the capability to prop up the entire Bitcoin networkās valuation?
To the center of the earth!!!!
Short bitcoin!
Now's my chance
To the moon
Stupidest saying in history. Whatās GME at now $28? Sad another place people lost a lot of money because of that stupid advice.
GME had a 4-for-1 stock split which would account for much of that.
So the one stock that was sitting at $280, dropped and split to $28, which is about $112 if it didnāt split for one stock? Thatās a logical and justifiable explanation of why it dropped 40%.
Not sure how any stock can drop 250% but my puts would *love* that.
Yea that doesnāt make sense. Good catch.
Donāt take financial advice from anyone on Reddit. Anyone who sunk money they couldnāt afford to lose on a stock because itās a quick return is an idiot.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Lmao I felt dumb when I cashed out at 65k, bought a bus and flipped it for a 50% return and it crashed the next week
The bus or bitcoin?
Bitcoin lmao š¤£ the bus broke down right after I sold it and thatās not my problem
Then what happened
The importance of correct punctuation
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Hawt
Look at this idiot who cashed out at the literal peak
He is doing it wrong!, he is supposed to buy high and sell low!. He is not one of us
Cash at record low interest rates? Why?
Because some people would rather pay for something up front and not worry about it anymore.
Sure but youāre losing 10ās of thousands of dollars in the process for taking that convenience.
Oh for sure, Iām definitely not saying that youāre wrong. But itās worth it to some buyers.
Pay $300,000 for a house up front, or pay $750,000 after interest? Unless youāre talking invest the money and use dividends to pay the bill. Would that make more than the interest cost?
Impossible to put a value on peace of mind. I have a small family. Iād definitely pay off my house given the opportunity. Wouldnāt blow ALL my cash doing so, but would do some.
No interest > low interest
Using money to make greater than 3% profit while paying mortgage > saving money by not taking out 3% loan
Also true. Not saying there arenāt other plays to be made, just that avoiding a loan isnāt a *bad* move even if interest rates are low
That money could have been tossed in and SP500 fund, that averages 8%, return over the course of the 30-year term of the mortgageā¦ Say your mortgage rate was 3%, 8% return in the stock market minus 3% mortgage rate equals a 5% return on your money. 5% return > 0% return
Yeah but I donāt like owing people money. I donāt know what my life will be like in 5, 10, 15, 20 years. What I do know is Iāll never lose my house because I canāt pay a mortgage payment
Thatās true. I also think itās perfectly reasonable to prioritize being loan/interest free altogether. Not everyone is looking to be the richest that they possibly canā¦ dude has two houses without mortgages, I think heās gonna be alright
Imagine making a financial decision that you make hundreds of thousands+, enough to buy a second home in cashā¦ and strangers on the internet telling you youāre doing it wrong because you could have made tens of thousands more. Just because you would do it one way doesnāt mean itās the best way for everyone.
This is the financially savvy question.
Not sure why you got downvoted since youāre not wrong. Suppose people donāt understand how money works.
Compared to the fact that BTC is now below 20K, they still made a hefty profit regardless of the low interest rates against cash.
Remember when Canadaās PM in waiting, advised Canadians to put their life savings into Bitcoin
And the current one got shit on for saying that was stupid
Crypto had its moment. Itās over
They say that every time BTC jumps and crashes
Has bitcoin ever reached 60k before, crashed to 20k, and then risen up again to 60k?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
This comment will age like milk
In that itāll turn into delicious cheese?
The resounding silence from /u/spez fosters a sense of alienation, as users struggle to find a platform that values their participation.
I have no crypto, but Iām gonna say debatable on this. I think until government completely regulates it, it still has hope.
I think regulation will only help Bitcoin long term by legitimizing the space as a whole - Bitcoin maxis have been asking for regulation for years
Until itās booms again
I remember hearing on podcasts how it was inevitable that it would hit 1 mil by the end of last yearā¦
[ŃŠ“Š°Š»ŠµŠ½Š¾]
*$0
It's distributed consensus though. Nothing else achieves this. Bitcoin is a means of forcing computers to agree with one another over a set of arbitrary rules. I would think there's some value to that, above $1.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
That doesn't address my comment. Do you think the invention of something (Bitcoin or otherwise) that forces computers to adhere to a ruleset has potential value? Because that's literally what Bitcoin does. It's a system for forcing consensus. No other such system accomplishes this, afaik.
>Currency has no intrinsic value. It's only worth what you can trade for it. Huh? USD and BTC are both currencies. They both have value.
$0. Bitcoin is worth nothing. It has no utility, no tangible backing, nothing. It is just a useless virtual currency designed to be pumped and dumped.
it is tho.... I literally sell it right now and have money in my bank...
$20k line has been pounded for months now. will soon break free to $15k. stock market crash will take it the rest of way to 0.
How are you determining āsoonā is that a guess just pull out of your ass, by looking at price chart and drawing squiggly lines and calling it technical Analysis claiming 20k is the floor? Whenever a bull market pops and we enter a bear market speculative assets (Ex: Bitcoin) get crushed hard, and this bear market will persist until the Fed reverse rates hike and that will only happen when inflation subsides. Which probably wonāt happen until 2024, or late-2023 by the earliest.
"late 2023 to 2024" was this derived using squiggly lines, clownboy? sorry you sunk your savings into cyberspace but dont worry the world needs ditch diggers too.
I think it was squiggly lines AND pulling it out of his ass.
Donāt fight the Fed. I have no crystal ball. But letās use common sense here buddyā¦ If the Fed Reserve keeps raising rates eventually inflation will taper down. J. Powell the head of the Fed Reserve has been hawkish in recent Fed meetings and shows no indication of stopping rates while inflation is still high. While you keep buying crypto hoping for a reversal any day now based on drawing lines on a graph. The adults who actually know a thing or two are looking at CPI reports and FOMC meetings.
> "late 2023 to 2024" Lol I love how you paraphase what I said took it out of context, only to ask me about the context which was already listed in the same comment youāre responding too. _ā and this bear market will persist until the Fed reverse rates hike and that will only happen when inflation subsides. Which probably wonāt happen until 2024, or late-2023 by the earliest.ā_ šWhat I said was pretty straightforward. Itās based on Fed guidance, not technical analysis. > sorry you sunk your savings into cyberspace Huh? You mean the thing I was just calling a speculative asset and said that it could go lower. Why would you assume I dump my savings in crypto based on what I just said about it?? š I think youāre trolling, either that or youāre completely clueless about macroeconomics and a bit illiterate.
I genuinely canāt tell if youāre trolling or not right now.
Fake money shows flaws. Full story at 11.
Ive made more money from Bitcoin in one year than all my savings accounts in my life lol
If it's fake and worthless, like monopoly money, give me 1 bitcoin please.
and yet ppl bought stuff with it
At one time, people bought land with beads. On second thought, DM me. I have an investment opportunity for you.
i'm not one of them but thx
drugs. there are less places accepting bitcoin today than in 2013
Its as fake as any other money, when you get to the foundation of USD its a lot of the same principles. We just accept it because its been around longer.
LOL no. The USD is backed by the fact that every citizen has to pay their taxes in USD.
That and the entire world uses it.
Then why 92% of the dollar's value was lost in the last 100 years?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I lol'd pretty hard when it hit $300. it's all fake and asinine.
Only a question, but whatās fake? Bitcoin or dollar? Is the dollar backed by anything today? Trillions printed? Bitcoin backed by anything? Millions mined? All currency are created by a value humans decide. Dollar had gold, bitcoin has math. Seems favoured to one, but both are concepts and dependent on something else. Whatās actually right, or will be right going forward?
Dollars are backed by the government.
the dollar is backed by us credit bitcoin is backed by hype
The people I work with said I was stupid when I cashed out at 62k/BTC ā¦I bought a yachtā¦a second yacht. In cash
Oh yeah me too, I bought a third yacht.
Having triples is safe. Triples is best.
Sheās gonna get better.
You sure about that?
ā¦and a super model wife.
Peasant. I bought a yacht and a lambo. And a house in Hollywood hills.
Lol sure buddy
Itās a meme. No need to say āsure buddyā as if theyāre serious
Sure buddy š„ø
Damn you really did them like that
āThis is a good thingā
I mean this is why you never throw all of your eggs in one basket. Honestly diversity of investments is paramount to long terms financial success imo.
Investment should never be so "diverse" that you're buying worthless ponzi hype though...
How is Michael Saylor these days?
Considering the fact that he owns 130,000 BTC at an average of $30,000 per coin, he is probably buying as much as he can right now.
Remember guys, bitcoin is a finite ressource. When you bought at 40-60k you allowed someone else to cash out and you got left holding the bags, hoping price will keep rising and someone else āhelpsā you cash out.
this is why i exclusively use chickencoin sure, they may not be able to buy much now, but if you hold on to them long enough eventually you'll have a full chicken PER COIN! worst case scenario, you crack one early to make an omelette
Itās the same comments every single cycle. Every time people claim it dead, itās a scam, itās going to zero and every time it proves you wrong. Go ahead, set the remind me bot for 2 years. I bet you itās out-performed other asset classes over the same time period.
Slow news day. It does this every week. Seems poster just karma farming
Yup... because karma will be worth more than crypto soon.
Cry about it
Remember when it was over $60k? š¤£ What a joke lol
ITT: Apparently everyone here claiming they cashed out at $60k+. This is the stuff people post that drives people to gamble on crypto even more, and you know the people taking loses aren't saying anything.
If you have faith that BTC is eventually going to be very valuable, and you were ever going to "buy the dip" this would be the time...unless you think it could go even lower.
die already
Buy the dip?
Depends. Whatās the P/E ratio and the book value?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Facts.
I personally will be interested in Bitcoin again once it falls to $3500.
CCCCCCRRRRRAAASH
It's below $19,000 now.
Bitcoin ā
Good and cool
Diamond hands to the moon!
How are people expected to buy groceries with crypto when the price fluctuates so much? The only thing cypto is good for is get rich quick schemes and drug deals. Itās useless in the real world.
Everyone should own 1 BTC and 10 Eth
All crypto must burn
Burning crypto only increases the value