Re: permabulls not only lost the control over this section-in fact they are extinct
I know I seem like a downer ...
The thing is, ...
Bitcoin has made money for many, myself included. Just as those who buy into a pyramid scheme early, and divest in time, get rich.
It's the "divest in time" bit that you seem to be (intentionally?) ignoring.
If not for the n00b money which poured into Bitcoin before the crash, your stash would be worthless, because math. If people continue to sell, the price will continue to tank.
Of course it's in your best interest to maintain the illusion that all's well
Unlike you I see no reason whatsoever to think bitcoin is going to be worth less in the future. A ponzi is not based on anything and it's assets have no utility or value. Bitcoin is the single greatest development in payments since the credit card. There is nothing faster, cheaper, or more secure.
Bitcoin has already succeeded wildly, beyond what I would have imagined. That is no surprise considering it's advantages over other payments. It's all I use now. So when you say I'm ignoring the divestment phase, well I will not be divesting. Unless SHA 256 is broken or something, I will use bitcoin as my money forever.