The Calm Before the Storm


#21

You can also just buy when the prices are rock bottom, stagnant and no one seems to care about btc :stuck_out_tongue:

Sounds great, how do i sign up :joy:


#22

Wait a bit and you might see that.


#23

And I wonder how many people will sell there bitcoin after losing all hope


#24

There’s always that one dude that sold his house to buy btc at the top…

he’s probably shitting himself


#25

Lmao yeah i can imagine that. I hope he has strong hands when it dips below 5k or his house will slip through his fingers :joy:


#26

I know people who knew people who sold everything to buy btc at $1k in 2013 and then sold at $200. Little did they know that that was just a small bump in the btc price long term.

people just need to see the bigger picture here :stuck_out_tongue:


#27

Ouch but u can hardly blame them bitcoin went completely off the map. Bet they are kicking themselves now


#28

People talk about how Bitcoin crashed many times before and recovered, but that was before it went mainstream. I wonder now that it has gone mainstream and “everyone” including their friends, co-workers, etc knows about it or even invested in it, if that’s an indication of the end… No more people left to FOMO in.

To be clear I don’t think Bitcoin will disappear, but I see it more as a novelty item that may be worth significantly less, kind of like trading baseball cards or rare coins or some such.


#29

it didn’t really go mainstream. Mainstream is a total crypto market cap in the trillions in my opinion.


#30

I think there is only 70million bitcoin wallets so it’s definatly not main stream yet. It’s about 1% of the population I believe


#31

Even in previous crashes, bitcoin was brought up on the news when it mooned. Then when price went down they disappeared. No different today honestly. Majority of people I know got tempted when price was mooning, but majority did not get into crypto.