Bitcoin is dead

finally a not retarded thread thanks op. long term chart looking very bearish going to 1k over

Iron hands.

>There are no new investors wanting to buy our bags.
You've just described how Ponzi schemes end. #WhiteSamsonOption

Imagine thinking a ponzi can only go up.

Retard

You must shill crypto to normies. Reminds them the halvening is coming very soon.

>stocks finally going down
>low volume BTC pump against any logical reason but short squeeze
>no trading volume
>world economy heading into recession with record unemployment in almost every country
>feds stopping to print money

b-b-bullish, plz buy

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Imagine having your dopamine receptors so fried that Bitcoin price fluctuation is boring.

This generation is fucked. How do you feel knowing that you'll be more useless than the Boomer generation?

This is why Bitcoin will never succeed. I had no Bitcoin before the recent surge. I bought in as the price was rising out of FOMO. I saw my money go up. I bought in again, right next to the top--the price crashed down, I just barely broke even when you added together what I gained and what I lost. As I think about it over the weekend I'm already considering selling back my Bitcoin, because $9000 seems like such a ridiculously high price for it. I'm afraid that it could crash down and I could lose half my money at any moment. If I'm thinking like this, everybody else will be thinking like this. Nobody is going to buy Bitcoin at $12,000 or $13,000 or $20,000 again; they'll be too afraid to get left holding the bag.

It's easy to fantasize about enormously high prices if you're already in Bitcoin. You're already sitting pretty, you're in the green. But what new investor would be idiotic enough to buy in as it goes past $10,000, and risk losing everything? It crashed from $20,000 to $3000 before. You can never expect Bitcoin to achieve widespread adoption while new investors are meant to take on that kind of risk. Speculators and libertarians make up only a small amount of the world's population, and who else would buy Bitcoin? If you simply wanted to preserve your purchasing-power, you would buy gold.

new to the internet?

Fomo is real and with economies and everything else in shambles the fomo will go thru the roof.

There is no wealth to preserve. What an idiot. This will be the only way to gain wealth soon and provide shelter, food and other basics

he is not wrong though. FOMO will make price raise ridiculously fast for no reason but will also make it drop quickly out of nervousness. its not a basis on which things could change anytime in the future. just buy some good alts after a holocaust and hold them after a pump.

its literally the only way to make some money these days

schizo

>This will be the only way to gain wealth soon
That's probably the stupidest thing I've read on Zig Forums next to some of the BSV shills and their gibberish.

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Gold is much more likely to become the safe haven than Bitcoin. Imagine you're a father of four who needs to preserve his wealth over the coming years from hyperinflation. Are you going to be idiotic enough to put your family's savings into an internet token? No, of course not, you would be irresponsible to do that, and that's why people won't. Normies just won't get into it, hence the price won't go any higher, hence Bitcoin will stagnate.

Good luck paying with gold for food and shelter. Theres nothing to preserve, if there was anything it’s gone after this fake pandemic.

2/10

Who has 4 kids these days?

technically it could go to near zero.

we will see, let's discuss this in 2022!

Your logic only applies to poorfags who gamble with lunch money.

People are NEVER irresponsible.

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What do you think retard? It's being manipulated by the financial institutions and third party actors.

???