The Coming End of Bitcoin

[Anonymous No.12054117]

How many more cycles of Bitcoin Pyramid hysteria will there be? Bitcoin is just a chink investment all over, they love it, it's a pure gamble, everybody just wants to buy it to sell it higher, I couldn't think of anything worse to put your money into long term.

Will we then have a bull market a few years after the next one where we go to $1M? $5M? What happens then? Who wants to be buying this shit knowing that there is absolutely no more growth to be had in it because everybody's already bet as much as they could into the system?

"Hey guys buy some Bitcoin, the upside could be 2x over the next 20 years, but the downside is potentially 100%, also nobody uses it for anything apart from betting on the price."

Who the fuck would buy this shit once it gets to higher prices? Why does every dumb motherfucker on here and Twitter and elsewhere think it's all gonna magically level off, and they all get to be rich and it all gets passed on to some imaginary infinitely deep pocketed third party society that exists only in their fantasies? Why would they want to buy this over priced, entirely speculative pointless sack of shit from you? Bitcoin is on borrowed fucking time, in fact all of crypto is. If we do get to 300K per Buttcoin, then it's gonna be one big nightmare where everybody is rushing for the doors, and at that point it will have finally been seen as the biggest, slowest moving mega bubble in financial history, but mark my fucking words, it will be dead in the water within the next 1 or 2 hype cycles. There is a ceiling to this stupid shit and it's approaching fast.

Personally I see it playing out that we get another bubble going then it starts collapsing down short of $18K, then the real panic sets in that the "long term growth curve" has finally started collapsing in on itself and we finally see a tidal wave of blood, that is ALL of the cryptard "investors" getting absolutely fucking toasted. This will be the end of Bitcoin and most crypto.

[Anonymous No.12054136]

>>12054117

T:2014

[Anonymous No.12054140]

BTC is worthless because of what you described. But BTC is no longer Bitcoin. Bitcoin has utility and value :

https://medium.com/@craig_10243/valuing-systems-the-margin-of-substitute-goods-891b47fe381e

[Anonymous No.12054168]

they are salty b/c they didn't get bitcoin when it was 10 cents, 1 dollar, 3 dollars, 5 dollars, 100 dollars... etc... what a cesspool of retards.

[Anonymous No.12054190]

>>12054117
Nice wall of text on the mongolian bbq board. tldr; op is a faggot

[Anonymous No.12054224]

There might (likely it never happens) be another golden bullrun, but it will be the last one

[Anonymous No.12054392]

>>12054136
Not an argument
>>12054140
The market decides whether cash is worth shit. It isn't.
>>12054168
"It has been going up therefore it must always go up". Literal Down's Syndrome.
>>12054224
It's highly likely it will happen, but that one will be the last one.

[Anonymous No.12054411]

>>12054392
Play the game and you will either win or lose, play good and you'll win.

[Anonymous No.12054469]

Buying Bitcoin to get rich right now is pointless. Even if it goes over ATH (which is a huge IF) again, then you’re going to at most 10x your money. There are boomer stocks you can invest in that would 10x your money. The real money to be made in Bitcoin was mining it on your CPU for $0.001/Bitcoin and 1000000xing your money. That kind of opportunity is once in a lifetime. You have to get in on the ground floor of something no one knows about. Everyone here thinks they can still make it from crypto when even pensioners have started talking about it. It’s just sad really.

[Anonymous No.12054616]

I suggest Investing into a new cryptocurrency like Jerusalem Love coin .

[Anonymous No.12054628]

bull signal

[Anonymous No.12054642]

>>12054224
It will never be the last one for as long as Bitcoin is measured against assorted Maddof schemes

[Anonymous No.12054670]

>>12054117
Go back to r/buttcoin you sour grapes faggot.

[Anonymous No.12054673]

>>12054469
>talking
exactly, go ask around, 0 out of 10 people will even own 0.001 BTC

It hasn't even begun. If you don't have the IQ to study John Nash's Ideal Money and the game theory behind Bitcoin and why it going up against fiat currencies long term is a physical fact, you are lost, you will be here for life announcing the deat of Bitcoin after every bubble burst cycle.

[Anonymous No.12054677]

>>12054117
>How many more cycles of Bitcoin Pyramid hysteria will there be?
0

[Anonymous No.12054678]

>>12054469
this. then literal next bitcoin- tier gains are in silver bullion. 15 buck an ounce, you better megastack yesterday

[Anonymous No.12054715]

>>12054117
You’re the type of retard that does mental gymnastics to convince himself anything he wants to, whatever you think is marley an assumption and can be completely wrong.

[Anonymous No.12054749]

>>12054715
also people will buy it more when it goes up cause people always chase the rising sun and reject what’s dying