WTF is now wrong, all cryptos down?

A few too many zeroes, I think...

That looks like a 101400% gain, not a 1014% gain.
 
Correction. Current price (113,702) x 1014% =⁠ $1.15 Million by March 2026. That will not happen, because BTC's moves have run out⁤ of steam.
 
Why does this stuff come up again? No one here realistically expects BTC to be valued‍ at 1.15 mio. in 2026, aside from some FOMO intoxicated teenagers. And as one of⁠ the former posters mentioned, serious investors have found ways to multiply their yields and make⁤ very good money, even with BTC at 130K.

Sure, there are stocks that might have⁣ performed better (past performance =/ future performance), but not one of them has a clear⁢ 4 year cycle that's relatively easy to invest around. And it's relatively private, depends on︀ yourself.
 
The "4 year cycle" is tea leaf reading.︀ You said yourself "past performance =/ future performance". There is no mechanical reason why BTC︁ market price would operate on a 4 year cycle.
 
You and me both. I often hear the question "What advice would you give‍ to your younger self?" It would be, wait for 2010 then buy a several thousand⁠ Bitcoins at $0.30 each. Then before KYC comes in, sell them for land.
 
apparently not... otherwise you‌ wouldn't immediately post something like this 😀
this kind of whining is not exactly⁣ compatible with your moralizing and "fighting" against those who "just want to get rich (quickly)"⁢ and how "misused and misdesigned" bitcoin is

btw I like and own land and real︀ estate but not as a store of wealth as it's clear to me that real︁ estate is misused and last resort vehicle where people desperately try to preserve what they︂ made from unstoppable dilution - once masses will see there is a better way prices︃ of real estate will fall to the levels given by utility value, reproductive cost and︄ scarcity premium in some cases - this will sometimes lead to a drop even in︅ USD and definitely always in BTC

hopefully no need to remind that physical stuff, especial︆ immovable is only yours as long as you can physically defend it, i.e. as long︇ as local government/mafia/chieftain lets you own it which can change pretty quickly even if it︈ works for you now - we now have a tool that allows individuals to defy︉ superpowers... this game changed forever
 
Fair play to︆ those who want to get rich, but getting in late on a ponzi scheme is︇ not the smartest way.

Land is safe if you are low profile. But in the︈ case of BTC, you can't physically OR digitally defend it, because it is at the︉ mercy of the masses and/or Blackrock et al moving their money out once the ponzi︊ scheme is over.
 
Property rarely.

I recently came across a calculation showing that if you bought a house︂ in the UK around 2007, its value today, when adjusted for inflation and converted to︃ the USD, is actually down 50% in today's Money. It's the biggest "asset" and "investment"︄ everyone makes, yet they're down massively.
 
If you're buying houses⁤ then yes. I'm thinking of raw land with use cases. Already near the bottom and⁣ plenty of upside.
 
Because the sheeple have⁤ been lied to and brainwashed. Most people don't think logically nor approach things from first⁣ principles.

A "home" is not an asset. It's simply a consumer item with utility.
 
British people of the socialist persuasion, while telling everyone their life choices are the‍ fault of the rich.
 
I am curious to see whether Mr. Powell's speech in two hours will cause the‌ markets to flash crash or whether there will be a short squeeze. Personally, I expect‍ that we will see a short squeeze, as the price has hardly moved in almost⁠ two days. ETH is particularly strong; for Solana, it would be good if we could⁤ see < $175.
 

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