01-10-2022, 02:52 AM
Please stop talking in absolutes. No one has a sweet clue what the cryto market is g
<!-- SC_OFF --><div class="md"><p>Many of the posts on the front page are talking about how people on this sub were wrong for think that Bitcoin will never go below X price. Then we have another front post stating that the crypto market will never see a 80% to 90% drop.</p> <p>Can we please stop talking in absolutes? No one has a sweet clue what the near future holds. People who are so sure that X and Y will not/will happen need to be ignored.</p> <p>How many YouTubers, TikTokers and the like said that Bitcoin is gonna hit 100k sometime in December? Pretty much all of them... I don't think we heard of one bear calling for a drop. Yet here we are.</p> <p>So for people to say bitcoin will never drop by X% again are full of shit. I don't care how many big name companies are holding bitcoin it can and possibly will drop big time. Does everyone forget the 08 recession or dot.com bubble? If circumstances like this occur you can damn well believe that our precious crypto market is gonna crash 80 to 90%.</p> <p>Listen, I'm not trying to spread FUD, everyone likes some hopium, but lets be realistic no one can predict the future (as we've seen with the blatantly incorrect 100k bitcoin in December 2021). The crypto market can/could drop 80 to 90%, bitcoin could/can drop below 30k. I mean nothing is out of possibility if you think about the certain circumstance that could make big price drops (negative gov. regulation, collapse of tether etc).</p> <p>Rant done.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/cannainform2"> /u/cannainform2 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rzyn2o/please_stop_talking_in_absolutes_no_one_has_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rzyn2o/please_stop_talking_in_absolutes_no_one_has_a/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Many of the posts on the front page are talking about how people on this sub were wrong for think that Bitcoin will never go below X price. Then we have another front post stating that the crypto market will never see a 80% to 90% drop.</p> <p>Can we please stop talking in absolutes? No one has a sweet clue what the near future holds. People who are so sure that X and Y will not/will happen need to be ignored.</p> <p>How many YouTubers, TikTokers and the like said that Bitcoin is gonna hit 100k sometime in December? Pretty much all of them... I don't think we heard of one bear calling for a drop. Yet here we are.</p> <p>So for people to say bitcoin will never drop by X% again are full of shit. I don't care how many big name companies are holding bitcoin it can and possibly will drop big time. Does everyone forget the 08 recession or dot.com bubble? If circumstances like this occur you can damn well believe that our precious crypto market is gonna crash 80 to 90%.</p> <p>Listen, I'm not trying to spread FUD, everyone likes some hopium, but lets be realistic no one can predict the future (as we've seen with the blatantly incorrect 100k bitcoin in December 2021). The crypto market can/could drop 80 to 90%, bitcoin could/can drop below 30k. I mean nothing is out of possibility if you think about the certain circumstance that could make big price drops (negative gov. regulation, collapse of tether etc).</p> <p>Rant done.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/cannainform2"> /u/cannainform2 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rzyn2o/please_stop_talking_in_absolutes_no_one_has_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rzyn2o/please_stop_talking_in_absolutes_no_one_has_a/">[comments]</a></span>Kind Regards R