anyone gonna start another $24,777 game?
everyone broke now
Even the Dude?
I thought that the Dude had never-ending reserves..
kind of like a federal bank
(sugar daddy).
I'm calling it. Experiments over.
i long ago said i would ride this pig into the ground if need be.
swan dive initiated. cuz theres nothing left but style baby.
It's going to suck.. life used to be good with $1k bitcoin, and then $5k, and then $30k and then $50k-ish..
I mean much better than $250 to $500 in 2015..
And now we are going back to 2015? or even prior to that?
Some of us are not going to like it.
Some of us kind of got used to having the extra lil side-cushion.
I think some of us got spoiled.
Soft.
Assuming that the 200-week moving average would largely hold (currently $22.3k0-ish), for example... sure a few spikes below the 200-week moving average is well to be expected.. but going lower than that in any kind of meaningful and substantial way?.. even like the 300-week moving average (around $16k currently) or even lower than that, might cause many of us to change some of our presumptions about our lil precious, but at the same time, it would be difficult to really stop buying BTC along the way and having faith that there is going to be a BTC recovery at some point. because nothing is really broken in BTC, and even if there are fractional reserve manipulators.. they are likely going to have their own reckoning with bitcoin being an asset that can be easily called into custody.. and even self-custodied without too many costs.