BTC blew way past the 30k barrier, so this might really be it. We might really see the end of bitcoin this year. I mean it'll still stick around and it'll still fleece out some morons, but we will never see the fabulous growth it used to have again. Ever.
I'm reminded of some capitalist ghoul who knew it was time to get out of stocks and margin trading when he heard his shoe shiner talk about what stocks he was in in the late 20s. As soon as people saw the superbowl ad and regular people talking about bitcoin, that should've sent massive distress signals that it's time to get out of any speculative investment.
But of course, people were true believers that crypto was really the currency of the future - so I guess they believed that regular people getting into it was just the way things were supposed to go.
BTC blew way past the 30k barrier, so this might really be it. We might really see the end of bitcoin this year. I mean it'll still stick around and it'll still fleece out some morons, but we will never see the fabulous growth it used to have again. Ever.
Super bowl ads and all that
I'm reminded of some capitalist ghoul who knew it was time to get out of stocks and margin trading when he heard his shoe shiner talk about what stocks he was in in the late 20s. As soon as people saw the superbowl ad and regular people talking about bitcoin, that should've sent massive distress signals that it's time to get out of any speculative investment.
But of course, people were true believers that crypto was really the currency of the future - so I guess they believed that regular people getting into it was just the way things were supposed to go.
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God I hope you’re right.
if it can go back to being the internet drug currency, I'd be happy.