How long can retail keep this stupidity up? No foresight whatsoever...

at what place in the whitepaper this outcome is envisaged ?

I have a thought that a non-insignificant amount of retail sellers are people who need money.

Not because they necessarily want to sell.

Credit card debt levels high, economy going sideways at best, people have bills to pay.

No idea on a percentage to put on it, but I do know a handful of shitcoiners IRL that have already sold all their bags ( some at a loss ) because they need the money.

These are all people that approached me about buying bitcoin periodically over last few years, then ignored my words, and piled into shitcoins when they start running up in prce. No patience, went all in ( with what little they had ) and then got squeezed out.

It is the same each cycle for me. "Should I buy bitcoin now?"

Me: "Yes, put some fiat in, set daily buys, walk away and forget about until next month when you put more money in"

They always come back to me with the same "I put it all into XRP"

Always XRP ( used to be ETH ), and they always last a few weeks. It's pathetic.

Retail is retarded

Doesn’t this show that retail has been selling only since the price jumped around the election? So it’s really the opposite of what you’re saying.