WhalePanda-1
0 Following
1 Followers
0 Liked
0 Shared
The reason why retail is completely ignoring Bitcoin and why there's so much selling is that $100k was a huge psychological mark for most.
People think/realize they no longer can just get rich off of Bitcoin alone.
Because who's going to buy Bitcoin when it's 100k? Sure it can go to $500k, that's a 5x.
However if I buy XRP at $2, it can easily go to $100 so that's 50x.
Or if Doge goes from $0.25 to $100 that's a 400x.
That's how people think. That's why at least the positive thing is that Bitcoin ETFs have a lower price.
People think/realize they no longer can just get rich off of Bitcoin alone.
Because who's going to buy Bitcoin when it's 100k? Sure it can go to $500k, that's a 5x.
However if I buy XRP at $2, it can easily go to $100 so that's 50x.
Or if Doge goes from $0.25 to $100 that's a 400x.
That's how people think. That's why at least the positive thing is that Bitcoin ETFs have a lower price.
Bitcoin rolling over and dying again while stocks moon.
After inflation cooled off and China deal.
Guess we need to take out $100k again. Happy to be wrong about it.
After inflation cooled off and China deal.
Guess we need to take out $100k again. Happy to be wrong about it.
Where is the list with US government holdings of Bitcoin and Crypto btw? We were promised that a long time ago.
Login to explore more contents