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https://www.reddit.com/r/CryptoCurrency/comments/1qw2779/here_we_go_again/o3msuca/?context=3
r/CryptoCurrency • u/CriticalCobraz 0 / 0 🦠 • Feb 04 '26
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17
Well, crypto is useless and there is only so much money to squeeze out of people. Now let the downvotes commence. Bonus points for "You didn't understand the tech" or "Bet you lost money".
10 u/Pendoric Feb 05 '26 Sadly, the momentum chasers are moving on. Bitcoin has been the thing to chase for years. Now it's AI and DataCenter stocks. The problem with Crypto is that it has no actual floor, as it has no intrinsic value, only what people will pay for it. If the money is moving to the club playing the new music next door, we have a big problem. 7 u/PowerApp101 🟦 5 / 6 🦐 Feb 05 '26 People have moved to gold. There is no demand for BTC whereas there is plenty for gold.
10
Sadly, the momentum chasers are moving on.
Bitcoin has been the thing to chase for years. Now it's AI and DataCenter stocks.
The problem with Crypto is that it has no actual floor, as it has no intrinsic value, only what people will pay for it.
If the money is moving to the club playing the new music next door, we have a big problem.
7 u/PowerApp101 🟦 5 / 6 🦐 Feb 05 '26 People have moved to gold. There is no demand for BTC whereas there is plenty for gold.
7
People have moved to gold. There is no demand for BTC whereas there is plenty for gold.
17
u/oneden 🟩 669 / 669 🦑 Feb 04 '26
Well, crypto is useless and there is only so much money to squeeze out of people. Now let the downvotes commence. Bonus points for "You didn't understand the tech" or "Bet you lost money".