Quote from: Odohu on August 22, 2023, 11:45:18 AM

Quote from: Wind_FURY on August 22, 2023, 11:21:06 AM

They said Bitcoin will "never recover".

Look at the red dots in that chart. After the recent "mini-crash", expect another few months of "it is dead"/doom and gloom towards Bitcoin from respected economists, the morons from legacy finance, and mere FUDsters. There are many of them, and ALL of them were always proven WRONG AGAIN AND AGAIN. Just HODL!

What if these guys do this to intentionally drop the price in order to buy low and sell high? We tend to look this guys only from one perspective but the truth is that, to them it is all about a game of profits. They don't attach emotions and are never loyal to anything. It might seem that they were proven wrong time and time again but they might actually be balancing their books in the whole thing.

If you pay close attention, you will noticed that Elon Musk seems to have deployed that method to cash out. Don't be surprise if he comes back again and accumulate Bitcoin citing one uncoherent reason for coming back... but then, he would have bought very low to sell high fee years from now. This guys are playing money game...

I believe not, because most of those "orbituaries" are made by nocoiners - People who either haven't used or owned any Bitcoin. Plus they say that from a viewpoint that doesn't have any understanding how the protocol works, nor do they understand how unique and special Bitcoin is. It's like the invention of the printing press, the telephone, and the internet.