That $7xxxx price is painful to observe...

Remember back in 2017 we started talking about scarcity... in a nutshell, the concept was "soonish BTC will become so rare and expensive to mine, mining rewards will drop with the halving etc". Today, 8 years later, we witness a roughly 25% drop and no signs of scarcity? So when will it kick in? Taking into account inflation, I'm "moar poorer" today than I was 4 years ago during the previous cycle's top... no eggs in my ramen today....

Anyway, enough whining, the blood is in the streets so, we're likely going to reverse soon...