People jawing about BTC being down 70% either don't look at the history or choose to ignore it. 2 other times BTC has had a 80%+ draw down and what happened after a year or two? Another run up with it least 3x gains from the previous all time high.
Keep talking about "no intrinsic value" and "nothing backs it" and watch from the sidelines as those who are not emotional about it make a bunch of money from it.
Every crash so far has been accompanied by FUD similar to the talking points happening now. It didn't die then and there's a pretty good chance it won't die this time either.
Keep talking about "no intrinsic value" and "nothing backs it" and watch from the sidelines as those who are not emotional about it make a bunch of money from it.
Every crash so far has been accompanied by FUD similar to the talking points happening now. It didn't die then and there's a pretty good chance it won't die this time either.