Putting this here, as it is now guaranteed to age like milk (footnote: pkvi style rip-off)
(media.conspiracies.win)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (27)
sorted by:
What's your standard OP, for when its aged badly?
20% value loss? 10%? 50%?
Ha, nah. It'll go down 90% or more.
With Blackrock and all them buying in? Doubt it. Could happen though.
I bet you a can of Coke it won't, but let's set a timeline. How many years?
I'll give it 3 at the most... Dude, it always happens.
The stock market hasn't lost 90% of it's value since 1929, and even then I don't think it was that much. I don't think bitcoin is a bubble like tulipmania or the South Sea bubble.
Still, I may owe you a Coke.
You're assuming BTC is a good ol' bubble but it's a unique thing. You can't predict a black swan.
It will drop back to around 60k and OP and other financial gurus here will piss themselves posting about it. Little do they know this will be the new bottom and we'll be ready to stack up and go ride the bull to 250-500k next year.
It's safe to say there will be a pump and dump at some point. I agree.