What is it? Fear? Lack of conviction? Waiting for lower prices? Or do you genuinely think Bitcoin fails long term?Curious what’s holding people back at this stage.
>>62271712Btc needs a catalyst. It probably will be yield curve control with a new name. It could also be codifying the SBR into law which is less likely. Or my personal favorite schizo theory, it's discovered that Iran was mining and selling bitcoin to fund it's endeavors and that their supply is finally exhausted.
>>62271712Gays in it.
>>62271712everybody and their femboy lovers above two-digits IQ are waiting for BTC to dump below at least 40k by July. Why anybody buy now? 4 years cycles never lie
The potential just isn't there. So I invest 60k (a lot of money) and maybe it does a x2 or maybe it loses all value. Most people aren't investing 60k and itd be more like 2k, which is nothing even if it goes x3.. Not worth the risk
>>62271935People were saying the same thing when BTC was $200.>at best it could reach $1,000 again but I could also lose everything, so not worth it
>>62271712Core v30
>>62271960do you understand market cap at all? Do you actually think the whole world is going to use btc as the reserve currency or something? Obviously that isn't going to happen.
>>62271721>Btc needs a catalyst.The US Strategic Bitcoin Reserve and CLARITY are huge catalysts, but market participants are still in disbelief.
>>62271712Intelligence
>>62271712i don't like some electrons stored on the server, i prefer things that exist
A 2x or 3x at the peak of the next run (~April 2029, another 3 fucking years) from here is nothing to shout about any more.
>>62272002Yes, thank you, the exact same arguments the naysayers gave us in 2015.
>>62272208Could very well be a 50x or even a 100x, depending on the bottom we will reach in this bear market.
>>62272002It doesn't mean everyone sells everything and buys bitcoin. It more like the asset managers recommend a diversified portfolio include a 5% allocation.
>>62271721A big catalyst might come once Bitcoin evolves beyond just passive holding and starts integrating deeper into financial infrastructure.
>>62272440Like a corporate settlement system?
>>62271712why would I buy Bitcoin? it's $77,000 and people bought it for less than $1,000 10 years ago. I'd be buying their inflated bags and at the most looking for what? a 2x? On something that's literally digital nothing and not worth anything in reality? $77,000???? No thanks. Maybe if it dropped -80% in price I'd think about it.
>>62272220>in the ponzi since 2015 and still drinking the kool aid instead of sellignkeep buying until you get rugged by quantum computers
>>62272017The focus is on stable coins specifically to sell to emerging markets and issuers buy US bonds with the proceeds. This would have been bullish for BTC as a rise in stable coin market cap typically leads to a rise in btc mc. However Trump decided to set the world on fire for Israel, you cannot earn a yield on stable coins but you can on treasuries or a hysa, third worlders won't buy stable coins because they are busy trying to buy flour and gasoline. They will have to suggest another grift, if they are adament about saving banks then crypto has to remain uncompetitive.
>>62272447Not just settlement. More like BTC evolving into productive financial infrastructure through lending, liquidity access, treasury systems, and broader BTCFi use cases. What do you think?
>>62271922Gays? You in?
>>62271933People said the same thing at 20k, 30k, 40k, 60k and 70k too.>At some point you either start accumulating or spend years waiting for the “perfect” entry that never comes.
>>62271712I haven't even looked at the price in 6 months.
>>62271712its a worse option than chip stocks. sorry.
>>62271960too bad you didnt buy at $200 or you'd be retired. its not going from $200 to 100k equivalent again.
>>62272632over the last 5 years chip stocks did far better. no reason outsized btc gains will return vs other investments.
>>62272050(lack of)
>>62271712
too expensive atmmaybe when its under 20k again
>>62272482>blockchain>PonziChoose one
>>62271712Opportunity cost. Why would I put money into Bitcoin when I could just put it into stock and options?
>>62272700>thinks you need Bitcoin or crypto to have blockchainthat's about right for a crypto / bitcoin investor, doesn't know shit.
>>62272659It’s only 500x and we can do it again, BTC can go lower in this bear market and then reach $10,000,000 in our lifetimes.
>>62272718Excuse me, I didn’t realize I was talking to a retard.>Maybe if it dropped -80% in price I'd think about it.Yes, I am sure you invested all your money on BTC in the previous 70% to 90% drops.
>>62272725So it drops by 30-60%, there would be plenty of buyers but in such an event they'd probably jump ship at 6 figures and they'd be lucky if thats reached short term and not over a period of years. In an environment where a supposedly risk off asset drops that much, the leveraged btc treasuries come into question as well as the broader economy. Most of crypto and equities recent historic gains came in a period liquidity injections in the market to keep the wheels moving and avoid a financial depression. The problem is debt to GDP ratios are now completely bliwn out, little of the money went to productive assets and it's starting to affect the bond market. The solution will be a continuation of money printing vis a vis yield control but it either goes towards manufacturing or the country ceases to exist. Most assets will be in the gutter and many, retail or not, will not have money to put into assets. Those that do would have to ignore gold and blue chip stocks on firesale to buy btc for 2-3x when greater gains and dividends can be had in the stock market. If fiscal dominance is not following a short term correction and everything runs hot, btc will not be as attractive as stocks underfunded sector like commodities and energy, the basis of the productive assets and the only way out of the inflationary spiral. BTC will go up, most stocks will that don't die to inflation and supply shocks but many will barely keep up with inflation. Stocks and any crypto would need to be up 10%-20% just to avoid inflation tax and many will not have excess income. The gold market is quietly becoming preferred currency for international settlement and Chinas means of undermining US embargos. If you're in crypto I wouldn't bet on 500x and be happy if any kept up with or surpassed gold both in relative price and price relative to inflation. The era of easy money is over, you want extreme gains, research stocks significantly under valued.
>>62272467It's best use case is moving huge wealth out of a country the best example being the recent exodus from the gulf following the revelation that Iran remains a regional power if only through being able to hit anything with a missile. Portability is without match but kyc and anti money laundering systems are pervasive in every nation that isn't a near collapsing shithole. Its value as this sort of investment vehicle is tainted should a return to extreme volatility to the downside occur. A bullcase for BTC remains better if it doesn't under perform the broader market in a decline, certainly its not good if it under performs gold. The unfortunate and boring truth with bitcoin is that if it has any future it won't go up and down wildly and if it outperforms stocks it still would be a modest outlier. Gromens borrowed 25% risk off, 25% stocks, 25% real estate/business & 25% cash or short term t-bills for a shock proof portfolio use to include BTC as a larger portion of his risk off assets and thats probably the place it should stay for anyone continuing to buy it who isn't planning to be a refugee. Its an analog to gold at best but gold buyers remain optimistic about golds relative future while BTC maxis have bifrocated views of extreme valuations based on personal desires or past performance or seeing it as a value play at some point in the future with a heavy discount. I'd be more incline to buy btc if its proponents were closer to goldbulls but half the premise is that revaluing gold is of the few remaining tricks the government can pull to stay afloat. No gold bull who isn't a johnny come lately underwater from buying silver at peak, is making threads asking why is no one buying gold? Mostly because they have never stopped buying gold themselves.
>>62271712better returns in boomer index funds and stocks. we are all here to make money. minority is actually interested in the technology. I rather buy tsmc than btc especially if you zoom out. It couldnt even outperform the s&p in the past 5 years despite having insane volatility.
>>62272725>and then reach $10,000,000 in our lifetimes.You're genuinely retarded if you think this would somehow be a good thing, since for that to happen a loaf of bread would likely be selling for $20,000. Bitcoin does not, and never can, create value. It can only reallocate money, and the time when poor people could benefit from that was in 2007.
>>62272803I don’t agree with most assumptions here, but interesting post desu. I’ll keep it in my head.
>>62272915>calls other Anon retarded>immediately spouts the most retarded hot take everEvery single time lol.
>>62272734>Excuse me, I didn’t realize I'm a retard.ftfy
>>62271933It's not going below 65, srry buddy
>>62272002More likely than the world moving to yuan or usd...
>>62272980No u
>>62272874>It's best use case is moving huge wealth out of a countrycan agree with that, once regular holders are not treated like criminals and self custody made illegal.
>>62272939>hyperinflation is a hot takePlease keep donating all your money to people who are, and will always be, wealthier than you.
>>62272929I've been wrong before but mostly get macro outlook from Rick Rule, Dalio (mostly for social political) and Luke Gromen. From these inflation is unavoidable being several times what the government will admit to and the stock market going broadly up is over. Stock picking will overperform everything if intelligent and crypto is at present sabotaged by everything the government is doing, even if they planned to bail themselves out short term using genius act for additional funding. Gromen was a BTC bull but sold relatively near the top at ~93k and got major shit for it but thought BTC is acting odd and crypto being hobbled by the US directly and indirectly is not particularly good looking for the near term. It would be different if BTC was used for international settlement like gold is currently but it has risks of being weaponized and seized. So long as the US wants to be retarded and use assets as weapons commodity producers and buyers will trend towards things that the US cannot manipulate, the underlying citizens do they same for the most part. Stable coins had a chance if the price of fuel and staple grains hadn't skyrocketted for the forseeable future and this likely would have been bullish for BTC.
>>62271712It's the long play. I dca into it and don't give it much attention. I have cold storage. Same as Silver or gold I'll buy when I can regularly and let it stack. There's also allot of pessimism from this board about it so when I talk about it it's somewhere else. Here I'd rather talk about an ETF I'm interested in or some common stock I think can move. BTC isn't going anywhere. Crypto is just very dull during bear markets so I tune out and dca as many others do.
>>62271712I have one already and I'd rather gamble on alts now
>>62271712I will never buy a single crypto again.Unfortunately for me, I chose alts over BTC. My mistake, but I'm too jaded at this stage to even consider buying BTC.It's all garbage to me. I'm out. Sticking to boomer index funds.
>>62273575good goy knowing his place
>>62272623Why risk your btc in centralised services again and again
>>62273575Garbage? I think you don't have money to buy btc at this level. Poor
>>62273547memecoins
>>62273638Oh but I do.I'm just basically not going to buy any.Sorry, not being your exit liquidity again. Have done that enough over the years.
no value, no real use. i dont believe in it. i dont care if it goes to 1million
>>62271712>What’s stopping you from buying BTC? I don't like people who own it and sell it. I don't want to give them my real money. I think it would be good if everyone stopped giving them money. They don't deserve the lavish lives that they are living by selling bitcoin to people like you.
>>62273635You should probably look into Babylon first before calling everything centralized.A lot of people still don’t understand the native staking and self-custody side of BTCFi yet.
>>62271965Are you into core?
>>62272143Like Gold and sliver? kek
>>62272874>moving huge wealth out of a countryOnly brown people leave their home country. Only criminals do tax evasion. I'm neither of those.
>>62271712lack of desire to throw my money away to a kike scam
>>62271935Ok but a lot depends on your risk tolerance and what kind of returns you’re expecting from this stage of the market.
>>62272659>too bad you didnt buy at $200 or you'd be retiredretired on what? US dollars from selling your shitty worthless digital ponzi coin? so you admit bitcoin has no purpose or use other than hoping other retards buy it to pump up the price so you can exit before it crashes?
>>62273824So you're buying stocks in the hope some retards will pump the price so you can exit before it crashes?
>>62271712The narrative keeps shifting. First it was supposed to finally defeat the dollar, then it was supposed to be ATMs everywhere, then it's supposed to be digital gold, then the government and blackrock buy it, then it's not SUPPOSED to be in atms and then it's just really a leverage tech stock without any tech.It's insanity. How am I supposed to know what the price will be in 10 years if the narrative cycle is like in 2?
>>62273787This guy who spams this in every discussion has convinced me that what he's talking about is a scam and I'll never use it.
>>62271712I have a little bitcoin, but I need large amounts of cash on hand.
>>62273994>DYOR>he does not DYORDoesn't matter that much though since you can just keep scaling by putting gains into new assets rather than ever staking.
Let's buy more BTC
>>62273959yes beause stocks represnt ownership in a company which is a real asset with actual cashflow unlike a digital ponzi based on a generic internet token with zero utility that anyone can make at any timealso im not pretending stocks are the future currency of the world that everyone is going to use like the retard dipshits such as yourself
>>62273655>i dont care if it goes to 1millionthe /biz/ way
>>62273994You didn’t even look into how it works and already calling it a scam lol. At least research it first before getting emotional.
>>62271712It needs to go down to $50, so I will buy them. otherwise GTFO!
>>62271960Most people only believe in BTC after the price already moves far beyond what they once thought was impossible.
>>62271712I am always buying BTC.
I don't have tens of thousands of dollars to blow on just one type of investment. Sorry I noticed too late and was too financially illiterate to trust it over a decade ago.
>>62271712>make gains elsewhere>rotate into BTCThat's how I have to go about it being such a latecomer.
>>62271712returns are too low at this point, and it can go to 0 at any time. why are you holding bags?
>>62272002BTC doesn’t need to become the global reserve currency overnight to justify current valuations. You people still think adoption is binary for some reason.
>>62272017CLARITY isn't going to happen, and the Strategic Bitcoin Reserve won't mean shit unless it is passed as a bill in Congress (which also won't happen)
FearI actually think crypto seems retarded. I also don't understand what makes Bitcoin any different than the 10,000 other shitcoins out there. Yeah Bitcoin was first, but that is the only think I can understand that makes it special compared to numerous other coins.I feel extreme regret for not buying it. I just make myself feel better by telling myself I would have sold it when I hit my first 5x and I never would have been able to hodl this long.I literally almost bought $100 of Bitcoin when it was like $5 each. I closed the window at the last moment because I thought it was stupid. It feels like throwing away a winning lottery card whenever I think about it.
>>62276888You just didnt make money on crypto
>>62276880Retard. Stop smoking
>>62274703How you can say it's legit?
>>62275501can go to zero? In what way
>>62274705Delusional joker
>>62273985It had always been fishy.
>>62278837You can literally verify everything yourself. We’re way past the point where major players like Aave, Ledger, GoMining, a16z and others would touch obvious garbage for no reason.
>>62272017A lot of people still view the market through old cycle assumptions.
