30%-40% crypto drops are normal

Even tether is shitting the bed .9995.

Big problems coming

Exactly and that’s my whole problem with crypto.

I’ve yet to see anyone really explain what exactly it could ever offer that traditional fiat money can’t. What could Bitcoin ever do substantially better than fiat cash? Digital transfers? Basically 90% of shit we pay for via fiat is already done digitally via credit and debit.

It can’t be manipulated is the other argument? Well clearly it can lol.

Then look harder. The explanation is there. I personally don't consider worth the while to explain it to you given your current state of understanding and degree of open-mindedness, but the answers you're seeking is out there.

See you in a few years or decades when you finally get it. And you will.

BTC is the ultimate HARD MONEY store of value.

It is not transactional. Use Litecoin or something for buying your Starbucks.

BTC is HARDER MONEY THAN GOLD, because it has ABSOLUTE SCARCITY, where gold does not (and there may well be far more gold above ground than we are led to believe.)

It is also permissionless and peer-to-peer. No skeevy middlemen "wetting their beaks."

Just listen to a few Michael Saylor or Max Keiser videos, and you'll get it.

Or not.

BTC is the ultimate HARD MONEY store of value.

It is not transactional. Use Litecoin or something for buying your Starbucks.

BTC is HARDER MONEY THAN GOLD, because it has ABSOLUTE SCARCITY, where gold does not (and there may well be far more gold above ground than we are led to believe.)

It is also permissionless and peer-to-peer. No skeevy middlemen "wetting their beaks."

Just listen to a few Michael Saylor or Max Keiser videos, and you'll get it.

Or not.

You want to talk about being burned. I had bitcoins I mined in 2012 that I stupidly stored at Mt Gox when the hack happened.

I had mined even more with 2 graphics cards I purchased ($250 ea), but I sold the coins back then (@ ~ $12 per coin) to get the cards for free.

Face it - there are far more people like me that think they got burnt missing out than people who purchased at higher levels and think they got burnt investing in bitcoin.

After the Mt Gox hack I was so "burnt" on bitcoin I never touched it again until 2020. Yet as an early pioneer in it, I could have become rich.

I'm up 6500% since 2018.

Huge dips happen all the time.

HOLD. The real bull run hasn't even started.

I think you accidentally added a zero there LOL

It will go back up once the target number of lowball sales have been bought up.

Cryptocurrency is a pump and dump scheme with zero fundamentals.

Those that can move this market just flees those that can’t.

Lol GOLD is GOLD. It isn’t something that was developed on a computer on day by someone. It’s a natural scarce earthly element.

Of course it has scarcity. It doens't actually exist. I have an imaginary collection of baseball cards? My top card is a bargain price right now at 10000000, but I know it will double by the end of the year. Other people think so too. I will give you a special offer today and today only. it could be yours for only 9999999. Don't miss this opportunity of a lifetime!

You are being obtuse.

It's SCARCITY that makes an asset valuable.

Whether it's a naturally-occurring element, or an impregnable computer network.

Gold is less scarce than BTC, which has an absolute cap of 21 million units.

I just bought more LTC...snagged it around 160 this morning

^^ THIS

And when they have their own gov-coin or inflation fades they will beat the hell out of other cryptos by regulation.

If crypto was a nothing - shills wouldn't attack it ;)