What do people think about Bitcoin?

I think the bitcoin doomerism is going to be similar to the bitcoin shills claiming the next stop is bitcoin to a million in 2025. Just noise.

 

The curios case of Benjamin Bitcoin

In the movie and the F. Scott Fiztgerald story on which it is based, Button gets younger as everyone else ages. Bitcoin is like that: A fixed supply cap of 21 million BTC made it stronger — younger in the analysts' terms — as the dollar weakened from regular money printing.

Now it's fraying, like the kid version of Button, who looks 10 but acts 80, stuck playing piano for retirees.

Bitcoin used to rise with more global cash and weaker dollars, but since 2025, the relationship has reversed. It now falls with the dollar. The Dollar Index has dropped nearly 1% this year, extending last year's near 10% slide.

"Prior to 2025, Bitcoin rose when the dollar fell and Global M2 money supply (converted to dollars) rose, thus “aging backward” versus fiat, but since 2025 the relationship has reversed," the analysts said.

The behavior is compounded by bitcoin closely following Wall Street's tech heavy Nasdaq 100 index and growth stocks, surging on dovish pivots by the Federal Reserve and slumping on hawkish ones.

https://www.coindesk.com/markets/20...coin-crash-to-usd38-000-yes-you-read-it-right

 

How we feeling today bud?

 

I caught bitcoin trading at $66,666 and that was spooky.

 

If you're working and stacking sats this dip is a godsend.

If you're living off your equity then this can be harrowing.

 

60k.

-50% from recent ATH.

This guy is my quant.

 

A friendly reminder to focus on the fundamentals.

The protocol and network are unchanged, and the fed is still going to have to print until their eyes bleed.

 

lol. I was just talking to a friend and this somehow ended up on my Tweeter.

 

Just imagine how upset it would be if it was also a fan of the Rockets.