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49774969 No.49774969 [Reply] [Original]

in 2011 it was reduced by 92%
in 2014 it is reduced by 85%
in 2018 it is reduced by 82%
in 2021 it is reduced by ???

>> No.49775875
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49775875

>> No.49775939 [DELETED] 

I have similar thoughts. 2011 was pure meme territory: it literally went almost to 0; it was the smart thing to do to consider it a shitcoin then; I don't fill guilty not paying attention to it.

2018 was impressive but at the same time it was the first time it truly seemed like something serious; but still that was just 1 or 2 data points in the part; it was still fine to not take it too seriously.

But now; bunch of normie literal banks are in it; it's not going anywhere far.

>> No.49775963

I have similar thoughts. 2011 was pure meme territory: it literally went almost to 0; it was the smart thing to do to consider it a shitcoin then; I don't feel guilty not paying attention to it.
2018 was impressive but at the same time it was the first time it truly seemed like something serious; but still that was just 1 or 2 data points in the past; it was still fine to not take it too seriously.
But now; bunch of normie literal banks are in it; it's not going anywhere far.

>> No.49776010

Bitcoin has no business being worth over 10k in the first place

>> No.49776044 [DELETED] 

>>49776010
That would make sense if it has unlimited supply, like most alt shit coins. It practically stuck at ~10mil and every day someone is losing their wallet keys; it's not just a capped supply; it's objectively a lowering supply.

>> No.49776070

>>49776010
That would make sense if it has unlimited supply, like most alt shit coins. It's practically stuck at ~10mil and every day someone is losing their wallet keys; it's not just a capped supply; it's objectively a lowering supply.

>> No.49776737

>>49774969
BTC has never been through a major recession like we are about to hit. What happens to crypto during a global recession? We're going to find out, but my money is on sub $5k BTC, $200 ETH, and everything else being under $1. It could literally all go to 0, please understand that times are about to get alot harder for wagies and businesses, no one is going to hold.

>> No.49777111

>>49776070
Plus dust getting stuck in wallets
This is why DOGE is actually the solution
>Friedman style constant growth of money supply
>newly printed doge offsets lost keys and dust