Re: Is Bitcoin close to becoming totally irrelevant for most "normal" people??
Is it just my impression or is interest in Bitcoin going down rapidly? One of the top recent threads is "Btc is boring".
Most of the other threads is mainly about hodlers trying to convince others to buy BTC, kind of reminds me of some random MLM forum rants promising riches and little to no substance.
The thing with cryptos is that they will not please everyone and they will always be prone to public opinions! Most of the other threads is mainly about hodlers trying to convince others to buy BTC, kind of reminds me of some random MLM forum rants promising riches and little to no substance.
I'll give you a few examples. The first example is kind of funny. The people who bought in at below $1000, wants YOU to buy in at $50,000 or even higher for that matter. They talk about all the money they made and now its your turn to make money. Only thing is 50k isn't the same as below 1K.
Nice example but the problem here is its easier for someone to invest 1000 dollars than someone trying to invest 50,000 dollars for one bitcoin which is why we have less hodlers coming from today's investors as they are cashing out fast than what use to happen. Quote
Another thing is that it's a lot harder for the market to lift 50K than 1K, try to lift 50kg and less than 1kg and see what is easier, the answer probably wont surprise you all that much.
Classic example i like this one 