Bitcoin is still early

[xraygoggles]

Why would ETH fail tho? The exchange might, but not the token. Sounds like maxi hopium.

[xraygoggles]

crypto degens never disappoint https://twitter.com/FTX_Official/sta...r-QIzBr2ihjsbQ

FTX Arena now CZ Arena.

[bovie]

Just keeping buying! LOL.

[Zaphod]

If you havent caught on that crypto is over, this is your last and very obvious sign. Take some off the table if still a believer sure, but there arent many rugs left.

Yes ofc it could recover and you could get filthy rich, but the odds are stacked against you and the warning/obvious signs were long there, and that can be hard to rationalize with yourself once the greed/facade has worn off and you're zeroed essentially.

[jacoavlu]

If you havent caught on that crypto is over, this is your last and very obvious sign. Take some off the table if still a believer sure, but there arent many rugs left.

Yes ofc it could recover and you could get filthy rich, but the odds are stacked against you and the warning/obvious signs were long there, and that can be hard to rationalize with yourself once the greed/facade has worn off and you're zeroed essentially.

there’s a difference between bitcoin and “crypto”. Folks been saying this for a long time.

[xraygoggles]

there’s a difference between bitcoin and “crypto”. Folks been saying this for a long time.

As you can clearly see from the charts, there is no difference - & there never will be going forward. The large coins are all inextricably intertwined, and no amount of hopium will ever change that.

[jacoavlu]

As you can clearly see from the charts, there is no difference - & there never will be going forward. The large coins are all inextricably intertwined, and no amount of hopium will ever change that.

you already said a lot of stuff going to zero, while btc eth and some others arent

so which is it?

[xraygoggles]

you already said a lot of stuff going to zero, while btc eth and some others arent

so which is it?

You don't understand nuance?

The vast majority of alt-/sh1t-/scam-/Ponzicoins are going to zero. The largest market cap ones with network effects will go down 85-95% most likely.

[jacoavlu]

You don't understand nuance?

The vast majority of alt-/sh1t-/scam-/Ponzicoins are going to zero. The largest market cap ones with network effects will go down 85-95% most likely.

I said bitcoin is different than crypto. You said “there is no difference”.

so is bitcoin different or not?

im not talking about price or charts

[Nysoz]

If it becomes the same peak to trough as the last crash btc goes to around 10500 or so I think.

The problem with going back to ath or further is that it requires a lot of liquidity/risk/leverage or so much money printing that the dollar is essentially worthless and btc is worth a lot of the worthless dollar.

Possible yes, likely improbable. Maybe when the us isn’t the worlds power or the usd the reserve currency and governments/society crumbles.

Or maybe collusion with all the rest of the btc holders that essentially value it however they want. That’s one good thing about btc I think. You can’t synthetically short sell it so once all the speculators are out then the last holders can buy and sell at whatever dollar denomination they want to.

[Panscan]

you already said a lot of stuff going to zero, while btc eth and some others arent

so which is it?

All crypto is going to zero. Maybe Bitcoin stops at like 3000 for the short term, it’s functionally zero when masses bought in at 65k and are down 95%. Countless others double down on the road to 20k who are again down at least 80+% or more.

it’s over. Forever. Mass regulation will come, net leverage with drastically drop, which is what permitted the whole thing to go up in first place.

[jacoavlu]

you guys all realize btc is basically back where it was when this thread started 2 years ago? Meanwhile QQQ is down 10% same time. I haven’t checked Amazon and Tesla and Facebook but I’m guessing it isn’t pretty

meanwhile bitcoin blocks keep coming and it keeps being censorship resistant with the same supply cap as before.

most of “crypto” has gone to ************************ along with the rest of the world and yet 1 bitcoin is still going to cost you $16k or whatever

[Panscan]

you guys all realize btc is basically back where it was when this thread started 2 years ago? Meanwhile QQQ is down 10% same time. I haven’t checked Amazon and Tesla and Facebook but I’m guessing it isn’t pretty

meanwhile bitcoin blocks keep coming and it keeps being censorship resistant with the same supply cap as before.

most of “crypto” has gone to ************************ along with the rest of the world and yet 1 bitcoin is still going to cost you $16k or whatever

Let’s see where it is in 3 months , prob sub 10k

[jacoavlu]

Let’s see where it is in 3 months , prob sub 10k

who cares about 3 months from now?

you should be interested in 20 years from now

[jacoavlu]

just in case anyone is confused

but bitcoin only for the long term

self custody