Quote from: bitquad on June 22, 2022, 10:35:55 AM

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Quote from: Betwrong on June 22, 2022, 09:46:42 AM

Here's my theory. People who were cashing out causing this current crash have actually made good money out of the whole thing. Now they are just waiting when it's low enough to buy again. No one wants to be too late, like, "Today it's $20k, I'll wait till it's $15k and then I'll start buying." The next day the price is $25k. "Oh, I'm f*cked! What do I do? Oh, the price is $27k already! I better buy now before it goes up way more." And so on. This way the very people who crashed it will make it go to another ATH.

And if it weren't obvious that BTC is going to be one of the best ways of payment in the future, it would crash completely long time ago.

OP, just don't think you are smarter than millions of the smartest people in the world. That's immodest.

By the time they buy back in it will be the same price they sold at so they wasted their time and also have to pay taxes on what they sold.

I don't understand what you have written, but I think I know what you meant to say: no one ever profited from Bitcoin, people were only wasting their time on buying and selling it, and also some money on taxes. Brilliant! Those are hard facts, right?

Quote from: HardFacts on June 23, 2022, 04:27:49 PM

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TIME TESTED, UNIVERSALLY ACCEPTED INVESTMENT FACT:

Past performance is not indicative of future results ~

You mean, stock market prices are unpredictable? Try to understand it yourself, and stop "predicting" then.