You might want to move this to the Speculation section, as it's more appropriate there.
As far as your prediction goes....people always start calling doomsday when prices sink and moonshot when they're going up. Sometimes they're right, sometimes not. Things are looking pretty dire at the moment, so who knows? I certainly didn't think we'd be seeing bitcoin dip below $20k this year, but c'mon--this is bitcoin we're talking about. Crazy-ass price swings have always been a part of the game.
Stay optimistic, all of you who are panicking.
As far as your prediction goes....people always start calling doomsday when prices sink and moonshot when they're going up. Sometimes they're right, sometimes not. Things are looking pretty dire at the moment, so who knows? I certainly didn't think we'd be seeing bitcoin dip below $20k this year, but c'mon--this is bitcoin we're talking about. Crazy-ass price swings have always been a part of the game.
Stay optimistic, all of you who are panicking.
The fundamentals are not good for btc
Ask yourself this question:
Why would you pay 18000 USD ( a car, food for a year for some, food for 10 years for some ) on 1 virtual coin ( number in your phone or laptop )? That does nothing if you leave it in your wallet The crop on btc was collected at 60k now it has no more apples, the apple tree is dying...
I hope you will stick around well enough to watch btc germinate new apples for people to harvest. You aren't the first to pronounce btc to be dying and you won't be the last. Your post will be among history of those calling doomsday.
