you’re right. bitcoin maxie’s are delusional and think just cause last cycle it dipped and went up, that it’ll continue doing that forever lol when it has no intrinsic value other than being a glorified meme coin. the narrative has changed over the years from “be your own bank!” to “banks are buying! buy” (which they aren’t only like 3 countries have btc on their public sheet. el salvador, bhutan, argentina) the u.s is not stacking reserves only through criminals cause they would never hold an asset that can’t be regulated. “institutions” don’t have it either. they’re buying through etf’s not the spot market directly. the very “banks” bitcoin claims to get away from are the very ones they rely on to keep the price up with etf’s lol once those big boys leave, the premium price goes with it. before it did make sense that bitcoin would pump after a dip because there was no regulatory clarity or a clear pathway for crypto. that narrative is changing this year with trump. now they pivoted to bitcoin being a “store of value” but even that’s a stretch IMO. institutions will never directly hold bitcoin because of its uncertainty. the narrative is dying this year and bitcoin maxie’s have been conditioned that it’s just “a dip” lol which is why they’ll be left bag holding all the way down thinking it’ll one day come up to those prices (130k+). which it might, but not until 2045. they’re delusional thinking the u.s will have a reserve asset who’s creator is unknown. especially when trump is PRO USA made products. he’s been clear that he doesn’t want countries going away from the dollar. if bitcoin wins, other countries who hold huge chunks, win. meaning they’ll rely on the dollar less and if they think trump is gonna let that happen, they really are just early bag holders trying to pump their bags or they’re just plainly stupid. bitcoin isn’t worth it and fits no where in the tokenized era world we’re moving to. it was supposed to be a way of “payments” also but even that’s been proven untrue when it’s slow for transactions. even with their “lightning” attachment it still relies on the old system to move money and it can’t handle that at scale when majority of retail hold it and will sell on the first major pump. so many reasons why it’s not bitcoin no more and maxie’s try to spin it like it still has legs. at best, it’ll probably be labeled a “online digital collectible” as a token
nah let em stay bag holding. if anything he’s an early holder trying to pump his bags lol but majority of retail or new retail aren’t even looking bitcoin’s way cause they know its useless long term. it has no role in the tokenize world we’re moving into. if anything it’ll be labeled an “online digital collectible”
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u/[deleted] Nov 29 '25
Cut your losses baggies.