So where are all the normie Economists, Bankers, who said it was over in 2018? Silence "Chirp Chirp" Crickets.
Do you think *they* get it yet, or is it rinse repeat 100k~200K, next cycle and at $1 M a coin they will "get" it then.
People at that time are emotional and ignorant investors and they are investing base on the fundamentals spreading in the internet.
In order for these people to enter the market, they will create as much as FUD as they want and spread it in the internet so that they can enter at the lowest price possible.
It is possible too that these people are holding huge chunks of Bitcoin since the time they spread FUDs. We can say that they are saying things like that in the past but in reality there is another meaning to it. That they are just saying it so that they can buy Bitcoin at a lower price. In reality they are really supporting it but in silence.