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re: The people that come out the woodwork on the downside of the crypto cycle...

Posted on 2/10/26 at 12:32 pm to
Posted by DoomGuy504
Member since May 2024
478 posts
Posted on 2/10/26 at 12:32 pm to
quote:

I often wonder exactly how Wiki’s story unfolded.


He lives happily ever after.
Posted by The Baker
This is fine.
Member since Dec 2011
20317 posts
Posted on 2/10/26 at 1:32 pm to
quote:

just says scarcity plus belief equals value


and persistent throughout time... which is why gold (chemically inert/doesnt corrode) was chosen as a store of value instead of iron or some other metal...

No one really wants to understand that for some reason.
This post was edited on 2/10/26 at 1:33 pm
Posted by David_DJS
Member since Aug 2005
22765 posts
Posted on 2/10/26 at 1:42 pm to
quote:

Certainly they didn't expect it to be DOWN roughly a year on from Trump's inauguration.

Probably, but that's a far cry from expecting it to be $500K today.
Posted by RoyalWe
Louisiana
Member since Mar 2018
4950 posts
Posted on 2/10/26 at 1:49 pm to
quote:

which is why gold (chemically inert/doesnt corrode) was chosen as a store of value instead of iron or some other metal...
I explained this in another thread, but women like gold which makes men like gold which gives it value. Women DON'T intrinsically want Bitcoin. They can't wear Bitcoin around their neck, wrists, or waist, and they can't dangle it from their ears. So there is a reason why humans want gold other than its economic use as stored value.
This post was edited on 2/10/26 at 1:50 pm
Posted by djrunner
Baton Rouge
Member since Jun 2010
5598 posts
Posted on 2/10/26 at 9:27 pm to
quote:

I agree with you. The pattern is getting less pronounced and we’re still in a lower liquidity environment


The four year cycle will be a thing of the past soon. We can look at the last "cycle" and see how much different it was than past cycles.
Posted by T1gerNate
Member since Feb 2020
3358 posts
Posted on 2/11/26 at 7:22 am to
Crapdoo declines even as stocks and other assets broadly increase. Divergence. Big trouble.
Posted by The Baker
This is fine.
Member since Dec 2011
20317 posts
Posted on 2/11/26 at 8:57 am to
quote:

Crapdoo declines even as stocks and other assets broadly increase. Divergence. Big trouble.


Someone could post the chart of all asset class performance since bitcoin inception...

but you've seen it before, ignored it, and will ignore it again. bc of feelings.
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