May 21 Crypto Crash? - Todays Marked is looking really bad, but I really don't see the reason.

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As I like to mention Nassim Taleb:

Bitcoin was about ELECTRONIC CASH & transfers that bypass 3rd parties, not about an investment, a store of value, or a religious cult

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As I like to mention Nassim Taleb:

Bitcoin was about ELECTRONIC CASH & transfers that bypass 3rd parties, not about an investment, a store of value, or a religious cult

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Hence why I laugh at crypto. For all the shit talking people do about fiat currency, the only value they seem to assign to 'glorious' crypto is how much fiat it's worth.
 
Hence why I laugh at crypto. For all the shit talking people do about fiat currency, the only value they seem to assign to 'glorious' crypto is how much fiat it's worth.
I know! It's really weird how people denominate the value of a niche commodity by it's worth compared to the most ubiquitous and widespread form of currency.
 
I know! It's really weird how people denominate the value of a niche commodity by it's worth compared to the most ubiquitous and widespread form of currency.
Lol never said it was weird. It's very expected. Doesn't change the fact that even the crypto cultists now are sellouts. So much for that uh, "decentralized bank free currency".

"Hey guiz! What's the best way to cash out to my paypal/bank account?" I'm not dismissing it's value in USD, I'm just laughing at the mockery crypto has become.
 
My personal coinbase account went under $2k for the first time in a while. I think last week it was at $4k or high $3k.
It all returns to nothing....

Not that I'm mad or sad. But this feels approiate.
 
The thing about laughing at crypto is people have been doing that for like 13 years and looking like fags the whole time. BTC could drop to $200 again and you'd still be objectively 70% faggot.

Bitcoin does not have a good future I think. Too much competition and has been shown now, too much exposure to china.
I think bitcoin will always be fine just because it was first. Even if you can't do shit with it, it'll still be a treasured antique. I'll buy back up to a whole one eventually just to put it on a shelf in memory of all the weed I've bought that'd be worth millions of dollars now.
People will probably build derivatives on top of it too, idk.

Anyway, I'm happy if shitcoin ranks get thinned out.
 
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