The first thing bitcoin did after I bought my first in Jan 2018 was crash. Then it kept crashing and I kept buying. I told my wife the other day to get ready for 45k. She hasn't been through a jumbo crash. I just wish I had more cash.
Discussion
Everyone here has been through a -75% crash. It's the crazy pumps which have disappeared.
For now.
We may very well be in the flat part of the S curve.
I'd say.
That's where this idea is the most vulnerable.
What do you mean?
Old users capitulate while new growth stagnates and the network is well known enough to try and attack or subvert. Once Bitcoin is truly global and systemically important there will be less risk. In the flats of a theoretical S-curve there is risk with little benefit.