The influencer class was 100% wrong about the bitcoin market since spring 2021 yet they persist.
Discussion
What were they predicting?
Higher (blow-off) top in 2021 … institutions driving price up more (higher low, etc.) … supercycles … etc.
Yes, Marty has been calling the Supercycle yet it has been the worst cycle ever. Either there is a lot of paper Bitcoin out there or institutions haven't been buying like they say, corporations wouldn't lie would they?
Coinbase is in cahoots with higher powers.
I don't doubt it. But at some point the official holdings have to go over 21M or? They can't hypothecate Bitcoin forever like gold.
Yes, they can if they’re backed by the US government. Or at least for a really long time.
Until there is a run to verify holdings. But yeah, anywhere where there is ambiguity of holdings is a huge red flag... Coinbase.. strategy are the 2 big ones.
Still think 2021s are good as long as you dont become a forced seller. More humble/realistic takes would have been welcome: planning to HODL for 10 + yrs is way different than 4-5yrs.
Dont disagree. Dont give them your sats. ⬇️⬇️