Anonymous wrote:Was wondering what the current price is (today jumped 10% back up to $70k, first link is to price tracker on Binance website. This is a comment right at the top, I love this kind of deep insight, really amazing stuff.
"Bitcoin Macro Roadmap: Where Accumulation Usually Begins
A potential roadmap for the coming months is starting to take shape. Historically, Bitcoin’s deepest and most meaningful accumulation phases tend to occur below the 200-week EMA the zone where fear peaks, patience is tested, and long-term positioning quietly happens.
This area isn’t about catching exact bottoms. It’s about structure, time, and probability.
When price compresses around or below the 200w EMA, volatility fades, weak hands exit, and stronger hands absorb supply.
That process is what builds the foundation for the next expansion phase.
If history rhymes, the coming period may be less about excitement and more about discipline slow accumulation, muted sentiment, and positioning before momentum returns.
Not financial advice. Just a framework to watch."
Anonymous wrote:I’m still holding. Keep the faith.
Bitcoin has lost 25% of its value (in dollars) in the last month. It may be a long term speculation, but a reserve currency it is not, and never will be. A reserve currency needs to be stable (at least over short term) so that contracts can be written and settled in that currency. Obviously, this is not bitcoin.Anonymous wrote:Anonymous wrote:Anonymous wrote:I can’t believe that at this point people don’t understand bubbles and boom & bust cycles. OP do you really not understand this? Please stick to index funds until you get a better understanding of the basics.
You're being an ass. Bitcoin is different than most boom and bust cycles.
The last boom and bust was the crash of 2007/8, and that had a very very specific underlying cause that had been been flagged for years..... mortgage backed securities, ever increasing home prices that seemed economically unsustainable by those buying them, fraud in the real estate lending market, adjustable rate mortgages flipping.... there were so so many real and tangible economic indicators that we knew at the time were likely propping up the market and would come down. After the crash, we could do post-mortems and understand.
Most crashes have similar.
Bitcoin is different. It seems to have meaningless value. It has no inherent value other than the value people arbitrarily ascribe to it.
There may be more to it. I think that's what we're asking here. But if there is, it's certainly not just "hey markets always go up and down arbitrarily"
The closest this one seems is like the 2000 dot com crash, where people were publicly investing in companies based on ideas before any products had been built or designed, before any customers were signed up, and before any revenues were generated. Same kind of concept that people were betting on nothing . Only difference is that you were at least petting on an idea in 2000. So as an investor, you might have thought pets.com had a better business idea than askjeeves.com, which might have driven your investment decision. But crypto doesn't even have that.
So please enlighten us.
I agree that it has no inherent or productive value. I don't invest in it at all.
But the argument is that it will eventually be the world reserve currency. Just as much of the U.S. dollar's value today is based on its status as a world reserve currency. This status is quickly eroding and, the argument goes, BTC is no worse than USD and in some ways more protected from manipulation.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I can’t believe that at this point people don’t understand bubbles and boom & bust cycles. OP do you really not understand this? Please stick to index funds until you get a better understanding of the basics.
You're being an ass. Bitcoin is different than most boom and bust cycles.
The last boom and bust was the crash of 2007/8, and that had a very very specific underlying cause that had been been flagged for years..... mortgage backed securities, ever increasing home prices that seemed economically unsustainable by those buying them, fraud in the real estate lending market, adjustable rate mortgages flipping.... there were so so many real and tangible economic indicators that we knew at the time were likely propping up the market and would come down. After the crash, we could do post-mortems and understand.
Most crashes have similar.
Bitcoin is different. It seems to have meaningless value. It has no inherent value other than the value people arbitrarily ascribe to it.
There may be more to it. I think that's what we're asking here. But if there is, it's certainly not just "hey markets always go up and down arbitrarily"
The closest this one seems is like the 2000 dot com crash, where people were publicly investing in companies based on ideas before any products had been built or designed, before any customers were signed up, and before any revenues were generated. Same kind of concept that people were betting on nothing . Only difference is that you were at least petting on an idea in 2000. So as an investor, you might have thought pets.com had a better business idea than askjeeves.com, which might have driven your investment decision. But crypto doesn't even have that.
So please enlighten us.
I agree that it has no inherent or productive value. I don't invest in it at all.
But the argument is that it will eventually be the world reserve currency. Just as much of the U.S. dollar's value today is based on its status as a world reserve currency. This status is quickly eroding and, the argument goes, BTC is no worse than USD and in some ways more protected from manipulation.
Anonymous wrote:Anonymous wrote:I can’t believe that at this point people don’t understand bubbles and boom & bust cycles. OP do you really not understand this? Please stick to index funds until you get a better understanding of the basics.
You're being an ass. Bitcoin is different than most boom and bust cycles.
The last boom and bust was the crash of 2007/8, and that had a very very specific underlying cause that had been been flagged for years..... mortgage backed securities, ever increasing home prices that seemed economically unsustainable by those buying them, fraud in the real estate lending market, adjustable rate mortgages flipping.... there were so so many real and tangible economic indicators that we knew at the time were likely propping up the market and would come down. After the crash, we could do post-mortems and understand.
Most crashes have similar.
Bitcoin is different. It seems to have meaningless value. It has no inherent value other than the value people arbitrarily ascribe to it.
There may be more to it. I think that's what we're asking here. But if there is, it's certainly not just "hey markets always go up and down arbitrarily"
The closest this one seems is like the 2000 dot com crash, where people were publicly investing in companies based on ideas before any products had been built or designed, before any customers were signed up, and before any revenues were generated. Same kind of concept that people were betting on nothing . Only difference is that you were at least petting on an idea in 2000. So as an investor, you might have thought pets.com had a better business idea than askjeeves.com, which might have driven your investment decision. But crypto doesn't even have that.
So please enlighten us.
Anonymous wrote:I can’t believe that at this point people don’t understand bubbles and boom & bust cycles. OP do you really not understand this? Please stick to index funds until you get a better understanding of the basics.
Anonymous wrote:The rubes who would have been buying BTC are buying all things AI, which is also driving up cost of mining hardware and electricity. Lots of headwinds and no greater fools.
Anonymous wrote:I am out of the loop. What's going on with bitty? I thought it was supposed ronbe decentralized, and move in ways that are different from the stock market and USD? Yet it is going down as the dollar has declined and the stock market has hit a ceiling.
Anonymous wrote:Anonymous wrote:There have been so many cycles now and people still don't realize. Hopefully lots of good opportunities in 2026.
Are you claiming its just the 4-year crash and rise phoenix cycle that BTC does?