For the vast majority of Bitcoin holders they would have lost less money if they just put their USD under their mattress and let it lose value from inflation lolLet that sink in.
ethereum is down like 80% from its ATH, it's genuinely insane.
>>536502845At some point there's going to be a crypto winter with no spring. The only reason crypto can cycle is because there's enough dumbasses who haven't heard of it getting caught up in the hype. I think everybody has immunity to it by this point. I actually did make money off it. I bought in September 2023 and kept buying up until Trump's election then sold because I knew I was in a racket ponzi scheme.
>>536502796That's how it was designed to work, it's basically an abstract model of society.
>>536502896It can run on for a long time, anon.The stuff's value is based on hopium and dreams. So long as people want for something they feel is an easy instant-win to exist, something like crypto will always exist.They'll just make something else be the new main 3-4 coins out of the 10s of thousands of offers and tout a bunch of nonsense about the tech or nature of it. When really it's just hoping a line goes up, all features are just primarily sales pitches generate more demand per unit.The scale of it all might ebb or flow drastically but I don't think the concept is ever going to fully end. People want easy gains to exist.
>>536502796>what is a bear market ?
>>536503658>The Ducat market will recover any day now
>>536503740Silver and gold are doing just fine, yes
>>536502845What's insane is it has any value whatsoever.
>>536503658some shady eastern european dude trying to sell wild animals out of the back of his car
>>536502896I put in $1.5k of covid money and pulled out 10k last year
>>536503914You and I played it perfectly it feels good. But I feel lucky knowing I won at what's essentially a ponzi casino. Most people aren't so lucky especially people who couldn't bring themselves to sell once it was over 100k because "It's just going up!"
>>536503860I kekd
>>536503914since when did aus get covid money lmao. Kys
>>536504021The government doubled our gibs, I was getting $700 a week and we got 2 x $750 stimulus payment.I spent 1.5k on crypto and bought myself a 3080, lmao.
>>536502845>muh digital gold.
I wouldn't worry about it.
Btc has been around for 15-20 years and still has yet to have any use to the average consumer. Its digital bottlecaps for delusional nerds that think that because its from computer its the future.
