What he showed everyone is that any idiot can launch a meme, that it won't hold value long term and that no one should be trusted. (also that you can trick Justin into buying anything)
That's why Bitcoin is trustless. Don't trust, verify
"Retail is completelly priced out of buying Bitcoin." They had 15 years to buy and didn't. Yes unit bias is a thing. They can still buy IBIT shares for $60 and just treat it like a stock. Retail buys plenty of stocks and are happy with 10% yearly returns so still has upside.
Got the wonder who's going to be super rekt when Bitcoin eventually breaks through $107k since someone really desperately is trying to keep it from breaking.
Doubt we'll ever know who it is but I hope they blow up their fund shorting.
When I came into this space end of 2013 and for the first couple of years after the whole point of trading alts was to make more Bitcoin. Because somewhere deep inside everyone knew that was the only one with real value.
Then more fiat markets opened up and somewhere around 2018 people decided that you should take profits in USD rather than Bitcoin.
Now we're at the stage where 95% of people in "crypto" have 0 exposure to Bitcoin. We're at $105k and majority of the people are just sidelined or worse.. down bad on their shitcoins.