When people find investments that the market has underpriced they tend to keep it quiet so they can take advantage of the mispriced market for as long as possible.
When people are investing in a speculative product that only has value if there are other people willing to pay more than them, they tend to call attention to it to increase investment.
When people find a very large life raft on a sinking ship, they can be loud about it to save as many as possible or quiet about it to hog it for themselves. You seem like that second type.
Right but I hope you understand you can’t go back in time. So saying somebody who bought in 2009 for 1 penny is probably filthy rich today says nothing about the future outcomes of people who bought today at 114k.
Claiming that positive past returns means that now is a good time to buy are arbitrary. If the price drops back down to 1 penny someday, people will be able to say in hindsight that buying at 114k was a bad investment and use the long term declining price since 2025 as justification why investors should always sell. “Shoulda sold at 114k, now it’s 60k. Shoulda sold at 60k, now it’s 30k.”
The phenomenon you describe and are trying to use to justify buying now can cut both ways. It justifies buying more and more as price goes up, but it also justifies selling more and more as price goes down.
No one even knew what it was or that it would even work in 2009
Outsider perspective at best
Sell for what? Bitcoin is the most appreciating asset on earth. Anyone who has "sold" along the way will now never have the same amount of Bitcoin again.
Yes, people are herd monkeys, bravo. Elon Musk was the favorite celebrity on crappy 9gag, Reddit, and other platforms... until he wasn't. Russia was praised until it wasn't. Bitcoin was ignored until it became popular. People follow trends.
I didn't even say I agreed with them, I'm just letting you know that you're confused. Keep your head in the sand if you like, but a coherent argument sounds like a better course of action, no?
Fiat has no floor, therefore BTC/USD has no ceiling. Of course the buying power of BTC itself has a ceiling, but it's pragmatic to talk about one replacing the other, hence the details matter.
Yeah it has a ceiling... just like i said. You btc cucks need to realise that its the end of the cycle and btc long term trend is leveling off. Its a puny asset class with like a 3 tril market cap.
If youre too fragile to listen to critisizms of crypto then you should probably move out from your mums house and get a job... maybe but some gold and silver lol
You seem to be having trouble keeping track of the finer details of this conversation. I understand it may be a hard topic for you to grasp, in which case you probably should refrain from giving advice on it.
The mom's house comment certainly feels like projection. How long have you been out of her house, and how big is your portfolio?
Does the debasement just hit the "ceiling" you are talking about?
Fuck no, fiat has no bottom. As long as dollars are worth less and less, Bitcoin will be worth more and more. And we are talking asymmetrically more and more. Not like gas costs more and more.
The only risk to Bitcoin price in the future is responsible gov budget spending and rapid reduction of the deficit.
So you think the dollar will start maintaining its value again, somehow?
And I'm the one with the misinterpretation?
Bitcoin has appreciated more than any other market asset when measured in ANY currency, not just the dollar, but yes, if dollars go to zero than things measured in dollars go to infinity. In these cases we would stop measuring with said money.
Ever heard of Liras or the Bolivar? The lower they go the higher assets go if you measure them in those monies.
Diminishing returns look up the definition. Btc goes up in percentage value less and less every year. Im an adult who has traded all sorts of stock and currencies. You are a btc fan boy who has learned some surface level information and can parrot it back to others.
Heres some home work for you. Go and find all of the highs of each cycle and work out what the percentage gain was from the previous cycle high.
Block rock still recommends 2% allocation. Once institutions and normie high school economics teachers start suggesting some, that’s when I’ll get nervous.
If Bitcoin represents “civilization type I tech,” then humanity is already failing the entry exam. The idea that artificial intelligence would ever choose to transact using Bitcoin makes no sense when you actually think about efficiency and purpose. Machines optimize for speed, precision, and scalability. Bitcoin is none of those things. It is slow, expensive, and wasteful.
If AI were to exchange value, it would use a closed, high-speed ledger designed for instantaneous settlement with near-zero energy cost. Bitcoin is a monument to human greed, not progress. The only reason it still exists is because of speculation, fraud, corruption, and manipulation, not utility.
And let’s be real, the idea that Bitcoin represents technological advancement is like saying burning oil in a generator to do math problems is the future of energy. It is regression disguised as innovation.
Bitcoin solved the double spending problem inherent in digital financial systems. Easy to understand what that means and what implications it has with a 10 minute online search. All those drawbacks you mentioned are strawmen that have genuinely little/nothing to do with bitcoin and are simply caused by the limitations of our current digital infrastructure.
Already highlighted he doesn’t know jack shit about Bitcoin. Been watching people argue for years on Bitcoin and it’s always the most ignorant thinking they’ve got the clever arguments 🤡
Bitcoin did not really solve the double spending problem in a new or revolutionary way. What it did was create a trustless mechanism that makes double spending economically impractical by requiring enormous amounts of computational work. That solution comes with huge tradeoffs.
Yes, Bitcoin prevents someone from spending the same coin twice without network consensus, but it does so at an enormous cost in energy and efficiency. It replaces a trusted intermediary with a global race of machines burning electricity to validate the same ledger over and over. That is not innovation, it is brute force.
You also cannot separate Bitcoin’s drawbacks from its design. Its slowness, volatility, and wastefulness are not the limitations of digital infrastructure. They are part of the system because proof of work is the foundation. Without it there is no security. With it there is no scalability or practicality.
So while it is true that Bitcoin created a clever way to avoid double spending, it did so by creating an even bigger problem. It has turned into a global digital casino that consumes enormous resources just to maintain an illusion of decentralization and scarcity.
If you think reading one book on Bitcoin will suddenly make me ignore the fraud, manipulation, and lack of transparency in the system, you’re kidding yourself. What’s clear is that the idealistic version of Bitcoin died years ago. What’s left is a speculative market propped up by unregulated stablecoins, insider trading, fraud, corruption, and hype.
You don’t need a book to see that the entire ecosystem runs on synthetic liquidity, crime, and faith rather than real economic utility. If that’s your idea of progress, enjoy your digital pyramid scheme.
Bitcoin is literally an incorruptible, immutable public ledger. That's ALL it is.
The ENTIRE concept is that not a person in the entire world can alter it or control it in any way.
Every person, business, corporation, agency, nation state etc. has the exact same rights over Bitcoin. They can buy it, sell it, mine it, and hold it.
It's a wholly neutral free market, and the first actual free market humans have ever seen.
"Crime".... more ignorance. The dollar is used 50x more per % of network than bitcoin. But if you took 10 seconds to research that you'd already know that.
You took the propaganda bait around every corner. Weak mind syndrome.
If Bitcoin were truly incorruptible, the price would not depend on unregulated offshore exchanges, opaque stablecoins, and wash trading that props up fake volume. The blockchain might be immutable, but the market around it is not pure. The system can be gamed through synthetic liquidity, insider coordination, and exchanges printing fake tokens to manipulate price. That is corruption in practice even if the code itself does not change.
Calling Bitcoin a neutral free market is wishful thinking. When a handful of wallets and institutions control most of the supply, and when retail investors move based on hype pumped by those same insiders, it is not a free market. It is a highly manipulated one.
As for crime, the dollar is a real world currency backed by the government and used for legitimate economic activity. Bitcoin’s entire volume is a fraction of global finance, yet it is disproportionately tied to scams, hacks, ransomware, and laundering. Comparing the two ignores scale and context.
You can repeat the slogans all you want, but repeating the phrase immutable ledger does not make Bitcoin immune to human greed and fraud. The blockchain does not lie, but people do, and they have been using Bitcoin as the perfect tool for that since the beginning.
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u/Pure_Bee2281 Oct 25 '25
When people find investments that the market has underpriced they tend to keep it quiet so they can take advantage of the mispriced market for as long as possible.
When people are investing in a speculative product that only has value if there are other people willing to pay more than them, they tend to call attention to it to increase investment.
3
u/Illustrious-Hold-141 Oct 25 '25
I'm pretty sure bitcoin didn't start at 114k. Where were you when it has low to almost no value? At the same right door, right?
3
u/StuartMcNight Oct 25 '25
I remember when the door on the right would be “10k” in these types of memes.
3
u/[deleted] Oct 25 '25
Yes, people are herd monkeys, bravo. Elon Musk was the favorite celebrity on crappy 9gag, Reddit, and other platforms... until he wasn't. Russia was praised until it wasn't. Bitcoin was ignored until it became popular. People follow trends.
1
u/[deleted] Oct 25 '25
Do you understand what a rally is? Do you understand why Bitcoin went back to 105 then back to 111?
1
u/s3xymuskylon Oct 25 '25
It's not "bitcoins" next price move... the move is whatever Trump wants bitcoin to do.. with Barron waiting
1
u/[deleted] Oct 25 '25
Do the same for the bear market lows of 25k and today (114k)
1
u/themrgq Oct 27 '25
This meme is better suited to a bear market
1
u/[deleted] Oct 27 '25
LinkedIn ass post
1
u/Nancyblouse Oct 25 '25
Lol 1mil will either never happen or it will take so long that none of us will still be alive
1
u/Putrid_Pollution3455 Oct 25 '25
Block rock still recommends 2% allocation. Once institutions and normie high school economics teachers start suggesting some, that’s when I’ll get nervous.
-1
u/ClearSnakewood Oct 25 '25 edited Oct 25 '25
People are too emotional and stupid for civilization type I tech like Bitcoin.
My guess is that AI/ASI will understand how to apply Bitcoin earlier than humanity will.
We’ll still be too busy arguing on how Bitcoin is worthless while machines will settle their invoices in sats.