MATHEMATICALLY Impossible for BITCOIN to "Come Back" - Why tell ppl lies?

[Febo]

In 2017 they pumped&dumped btc on CHINA, USA, Europe, africa, korea, singapore, aussie, ... everywhere on earth people used their credit-cards who had no money, to BUY BTC,

Now these people have lost all their money, they still OWE on this debt,

Who in the hell is going to bring a NEW $800 BILLION USD back to the btc table??

Rich people. They now know poor are in debts and cant buy anymore so they will start buying. They dont want that Bitcoin is owned by poor. So they will buy them out.

I guess I was totally right 2 years ago. Rich people are buying. The institutions where rich people have their wealth stored. Bitcoin is moving from hands of 99% to hands of 1%.

[yefi]

Price wise, Bitcoin was in a very scary place when this OP was written, so I'm not surprised at the sentiment. The market was in free fall and dripping through the low $3,000s. It was very easy to imagine it failing below the 200-week MA, or retesting the 2013 ATH and/or failing below it, things Bitcoin had never done before that would suggest an end to the historic bull cycle. If things had gone differently and BTC traded sub-$1K after the post-2017 bubble pop (something that seemed very plausible not all that long ago) this discussion would sound a lot different.

The OP is not simply wrong now - he was wrong then.

And we are still scared. I am. Let's be honest, you too. Yet here we are hodling and thinking if the time has come to start buying again.

Are we? If anything I am quietly cheerful that n00bs have handed us back our coins again at another 80-90% discount and are once more decrying the untimely death of Bitcoin. Bravo n00bies!