Bitcoin has a falling interest, why should anyone invest?

[Edward50]

For the people still hoping for bitcoin to turn around, please explain why you think this will happen?

The interest in bitcoin peaked a year ago with countless news and the bubble prices, it had its mainstream time. I remember ever single day I couldn't help but read something about bitcoin. Now it seems the popularity has quickly fallen and continues to fall, I can't tell you last time I even saw a new article.

Interest is falling very rapidly, and like one user has reported btce chat was so popular that you couldn't even read it because it was scrolling so fast. Now it is slow as the amount of users have dropped off.

For those high prices you bulls want you need to have a lot of adaption, this isn't happening and is actually reversing.

This is very serious here, and I see no reason why interest shouldn't continue to fall.

For you guys still holding on and taking huge losses you have to be insane not to sell right now. With interest falling there is no way new money is going to come into bitcoin to sustain the prices.

And the ETF? This has already failed and the people on the inside know this already. The SEC is there to protect the public, they are not going to allow something where the funds can be easily stolen just so some bitcoin holders can dump their coins onto the public. Thankgod for that also.

[1679779035]

1679779035

[jasonjm]

Yep,  that etf is dead.

Why would the sec risk it,  have egg on their faces for what?

So all the whales hoping to unload on the general public gonna unload on each other.

Bitcoin is in serious trouble.  There are a lot of long from 70 to 250 who will not allow losses and exit at breakeven causing big downward pressure.

There are a fortune of trapped Longs from 270 to 650 who are praying for a bounce to get out at breakeven.

Serious trouble ahead.

[Edward50]

Yep,  that etf is dead.

Why would the sec risk it,  have egg on their faces for what?

So all the whales hoping to unload on the general public gonna unload on each other.

Bitcoin is in serious trouble.  There are a lot of long from 70 to 250 who will not allow losses and exit at breakeven causing big downward pressure.

There are a fortune of trapped Longs from 270 to 650 who are praying for a bounce to get out at breakeven.

Serious trouble ahead.

Yes it is very serious indeed. Personally, you would have to be crazy to hope for a reversal and not sell right now while it is still high.

I think people bet big on this ETF. But the SEC isn't going to allow it and for good reason. If they were going to allow it we would have had it already.

[fallinglantern]

I dunno, given the number of doomsayers and trolls posting this week, I'd say interest is growing quite a bit!

[ramkumar]

most of bitcoin believers arenot bought it in $$$ range.

they bought longback, before doom..

i bought 3 times around $600, $400, $350 and lost 60% 

i don't want to risk my life by holding more & lost 90%.

still i saw few bitcoiners interested to through their money for nothing.

[the joint]

... I can't tell you last time I even saw a new article...

You don't go to the press section much, do you? 

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