If there was some huge liquidation shock and Bitcoin went down to 48k and the SPX/QQQ also went down by like 12%, with some names down as much as 40-60%, would crypto even be the best “beta” play???Like the fact that I have this question is the entire reason Bitcoin is dead. The whole point is to be a max high beta play, but it doesn’t even outperform some US stocks…I’d rather buy some meme shit like TSLA or PLTR because they’d have higher returns. When was the last time we saw a face ripper 30% rally in under one month in Bitcoin?
Non Until the demographic pyramid isn't normalized back on its feed or alternatively the costs and risks were reshuffeled back from the future onto those that consumed it over the past 50 years, i.e BoomerX, polity, banks, public employed/subsidized/contracted its irrational to buy out the ponzi players for the next optimistic 80 years Its equilibrium or dead for the global civilization. Either fast and furious or a slow grind of between 80 - 200 years
>If there was some huge liquidation shock and Bitcoin went down to 48k I could only dream, I just setup my limit order for a slurp of that magnitude
>>61838331I didn't buy bitcoin at:$12 (yes I thought about buying $10,000 worth of Bitcoin at $12 each)I also didn't buy at $5kAnd $12kAnd $17kSo I sure as fuck ain't buying now.Maybe if it crashes to $10k I'll buy 1. But probably not.
>>61838592Everyone “thought” about buying bitcoin in 2010. Shut the fuck up retard.
>>61838604You were broke and brown and probably 15.
>>61838592I bought several bitcoins at around 400 usd. Bought ketamine and mdma with it, and lost some when the darkweb store exit scammed.
>>61838780I was 25 you gay nigger and I literally had a btc wallet and mt gox about but my nigger bank wouldn’t let me link my bank account.
>>61838592Why would anyone listen to you
>pepe holding wellDont buy literal shitcoins
>>61838592I bought BTC back in 2017 on fucking goy base of all thingsNow that money is lost to all but time and coinbaseDon’t trade on the exchanges kiddos (although in 2017 I didn’t know any better)
