Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
proudhon
on 09/08/2021, 13:12:53 UTC
So do you guys think bitcoin will fully collapse within a year, or it'll be 5+ years for this death to play out completely?
It's already dead. Died 10 years ago in the good old days. In the process of drawing its final breath.

Yeah, I've been here for a while and that's kind of what I think. It's been a very long, slow death, but it probably did die 10 or so years ago. My guess is it was the MtGox flashcrash that ultimately killed bitcoin. Just really no way to trust this "currency" after that. I think in a years time we'll be able to see that 2011 to 2021 was nothing more than one giant dead cat bounce.