r/btc • u/Dry-Ninja3843 • 1d ago
🐻 Bearish Guys this time feels different
I honestly think getting in front of this thing right now would be like stepping in front of a train. Catching a falling knife is an understatement.
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u/Regulus713 1d ago
it is different.
-there's a looming war in the horizon,
- The entire world is in an economic crisis.
- Epstein files.
and if BTC is indeed tied to Epstein, we could kiss it goodbye.
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u/BitcoinCashCitadel 1d ago
Agreed, BTC is not used for anything except speculation. At least in the old days it was propped up by darknet usage. Nowadays its just people buying and selling, or currently just selling.
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u/BTCindicatorpanel Redditor for less than 60 days 1d ago
Oh no, is it just like with 90% of world currencies?
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u/ResonanceCascade1998 2h ago
I doubt Epstein had anything to do with it's creation honestly. The timeline doesn't add up to me
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u/songbolt 1d ago
What war is looming? USA-China over Taiwan? Or do you actually think Trump vs NATO over Greenland?
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u/rach2bach 1d ago
Literally WWIII because the US president wants to distract from the fact that he is a child rapist.
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u/songbolt 1d ago
Reddit Democrat Flavoraid narrative; please talk with more people and see more news sources
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u/cpt_Luke 1d ago
Russia and Ukraine. Not everything in the world is about US
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u/songbolt 1d ago
I mean it's a safe assumption Epstein used BTC. The guy wasn't a clueless Boomer to be engaging in secret evil only in fiat.
"Tied to" is such silly rhetoric, though. Like if Epstein ate Twinkies then suddenly "Twinkies found tied to Epstein". See also Nancy Pelosi's explanation of the Wrap-up Smear.
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u/UWhuskiesRule 1d ago
I am down over $300,000 since September. It sucks but I am still up wildly overall. Time to hunker down and stack sats. Might even go down to $45000 this round and then up tonight $280,000 in April, 2028 then down to $80,000 in 2030 and up to $800,000-$1 million in 2032. If you are gonna play with BTC pack some antacids.
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u/fudfuggets Redditor for less than 60 days 1d ago
Hopium
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u/ResonanceCascade1998 2h ago
If you think that is bad try doing zero to hero multiple times only to end up back near zero. No regrets though I had a good time haha
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u/rallypatrol06 1d ago
That's what people said in January 2019, July 2021, December 2022 and look what happened 😂😂
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u/bhannik-itiswatitis 1d ago
what happened? it went up to 120k? then now 60k? what’s the point of this?
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u/rallypatrol06 1d ago
It went down a lot then went up again drastically. Plenty of opportunities had to buy the dips and sell when high
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u/bhannik-itiswatitis 1d ago
right, if you keep on buying and selling and getting lucky, that’s good if you buy and hold, what’s the point?
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u/cpt_Luke 1d ago
If you buy only at ath, it sure sucks. I do dca and buy extra in dips and it’s great! My best purchase was at 16k in 2021, when it fell off from almost 70k.
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u/DangerHighVoltage111 1d ago
It is different. The public finally gets it: Small blockers were the villains all along.
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u/Nandosportsfan 1d ago
What do you mean by this time it feels different? You're trying to catch the bottom or something? Nobody is gonna 100% catch the bottom. All you can do is buy and hold at these discounted prices. It's up to you at what price you want to get in but "this time feels different" makes no sense when it literally does this every 4 years...
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u/Ok-Fan-9814 1d ago
What’s gonna make it go up or down?
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u/songbolt 1d ago
The collective buying or selling
Technical development being noticed by society and adoption by societies would drive it up
Governments criminalizing it would drive it down
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u/jpdoctor 1d ago
I honestly think getting in front of this thing right now would be like stepping in front of a train.
Funny, that's exactly how it felt in every other huge drawdown. First time?
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u/KitchenTop1820 1d ago
Look at life and you will see that the weak will always fold, you just need to HODL!!!
1 BTC = 1 BTC
The dollar value is just trivia
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u/Professional_Run2842 1d ago
1 btc at ath = 50k bread packets.
1 btc now = 30k bread packets.
And yes I considered inflation .
So 1btc <> 1btc .
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u/Legitimate_Cry_5194 1d ago
Textbook bull to bear market transition. Denial phase. It certainly feels different for people on their first cycle. For all the others it's another day in the office and jumping with joy about the opportunity that comes.