My sister commented asked how Bitcoin was doing by saying, "I saw it was down right?"
$104k is "down" now.
HIGHER
Discussion
My kingdom for a proofreader
😂Same story different family.
Hedonic Adaptation is such a profound phenomena. Not many things teach you as much about humankind as does this.
Typical no-coiner confirmation bias. I still have yet to ever hear "I saw Bitcoin was up, right?" from any of my no-coiner friends/family.
a friend i play basketball with asked me how much money i lost today during the 30% dip. lol
People will say this when it falls from 1,002,000 to 990,000.
I think the reason is that most people want to have their current thinking validated, even when there's a long track record suggesting they're wrong and always have been. It's almost like tunnel vision and cognitive dissonance.
They could just as easily say that it's up, but they choose an arbitrary point in time that allows them to forget that they were wrong so they can keep making the same mistake. It's a vicious cycle.
I just said, "$104k is DOWN now?"
More downer more higher. Heads we win tails the fiat beast implodes