Post
Topic
Board Bitcoin Discussion
Re: THIS CRASH IS DIFFERENT than previous crashes... The FEDERAL RESERVE is why....
by
HardFacts
on 26/06/2022, 22:45:47 UTC


funny thing is you got very happy about bitcoin in jan 2021 when the price went from $23k up. you were even imagining the price going to $100k.. with smiley faces


.. your too obvious. just admit it you are highly invested and just sad that its the wrong time of year to sell some coins

Yes, when institutional money started to get into Bitcoin, I thought Bitcoin would go up far more than it did.  Bitcoin ran up nicely, just not as much as I and most people here thought it would. 

Bitcoin going down by such a large amount has ENDED the dream of a lot of serious institutional money investing into Bitcoin.  No large institution is going to invest real money into Bitcoin now that it has crashed by more than 66 % in less than a year.

Ponzi Schemes simply do not survive crashes well...  Bitcoin has proven that it will crash along with the stock market in an economic crisis.  Welcome to the new reality.   I am honest and smart enough to change my outlook on Bitcoin based on market conditions, most others here are not emotionally capable of doing that.