I hear this all the time but I think the people saying it don't understand what they're saying:
Who's going to rug-pull #Bitcoin ?
There's no central party to rug-pull people.
The only thing that can happen is Satoshi Nakamoto shows up and sells all the 1,000,000 held in the wallets that have the block reward for the first 22,000 blocks.
But I see this as a good thing...
These 1M coins will be absorbed by the market.
More people will have an opportunity to own Bitcoin.
There can potentially be 1 million new whole coiners.
Or 10M people with 0.1 BTC.
Or 100M people with 0.01 BTC.
The price may drop temporarily, but it won't go to 0 because I'll be a buyer of last resort.
That doesn't sound like a rug-pull to me...
If someone wants to sell their coins for $1 I'll take them.
The people saying these things just feel stupid because they didn't buy cheaper.
Let go of your ego man.
Just Dollar Cost Average over time.
You'll have a sizeable position even if you buy small amounts over time.
You haven't missed out YET.
But you will feel REALLY stupid if Bitcoin goes to $1M+ and you have no allocation.
$1M bitcoin will mean MORE PEOPLE WANT SOME.
That's how Veblen goods work.
As price rises, SO DOES DEMAND.