I think I've issued you guys enough warnings, hopefully I've saved a few from financial ruin. I think the biggest thing that amazes me about bitcoin is the mass blind faith it has generated. Bitcoin could go to $1 million and I still wouldn't touch it, and i would still feel that what i have said is correct and justified. It has the worst investment parameters of any assest class I've ever seen, and the US government should have stamped it out in the early stages. Why didn't they? Is it because they are the mysterious Satoshi Nakamoto? That would explain a few things.
Putting bitcoin aside, look at all of the other shitcoins that have attracted huge pools of money.
Dogecoin for example; this moment in history will be documented as the era of a mass delusional gambler phenomenon.
It has been created by the combination an economy flooded with cheap money and a delusional cyber world participants.
The perfect finacial storm.
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