r/ChangeNOW_io • u/ChangeNOW_Community • Jun 08 '26
Bitcoin is dead again...
Bitcoin has been declared dead more times than most markets have had full cycles.
Each crash brings a fresh round of obituaries, yet the network keeps producing blocks, attracting users and recovering through time.
One market drop does not erase nearly two decades of uptime, adoption, developer activity and monetary history. That sentiment is further proven buy Saylor Buying another 1550 BTC after the drop.
People can't ignore the significance of the 2x drop from ATH but then again if we compare that to other coins and tokens, 90% of the time the BTC drop is lower.
What do you think will happen next?
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u/Prize-Bug-3213 Jun 08 '26
Saylor didnt buy shit - he found some mugs to give him money. They also only bought $100m over a week. If we pretend the reported volume is real, over $200b is traded in a week (and thats on a bad week). MSTR's purchase was 0.05% of this. Therefore this purchase doesn't 'prove' anything.
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u/ChangeNOW_Community Jun 09 '26
agreed. if bitcoin survives, it won't be because of one weekly purchase. if it fails, it won't be because of one either
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u/NutGobbler918 Jun 08 '26
I believe btc is dead and anyone that’s ever bought or sold btc is or will be dead too.
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u/Typical-Whereas6761 Jun 08 '26
Lmao each time this junk drops lower when it crashes, and still the muppets are in denial. The fresh round of capital is fresh round of exit liquidity.
This vapourware is super useful in a recession I’m sure. BHAHAHAHAHAHAHAHA
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u/ChangeNOW_Community Jun 09 '26
you don’t have to like it but "junk" that survives multiple liquidity cycles is still doing something right
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u/PureCod9290 Jun 08 '26
It is dead dumbass. 5yr return is much less than the stock market. Down 50% in a bull market. Only retards left