What scenario is scarier. That Bitcoin will fall 50% into a bear market. Or that we'll never see a Bitcoin bear market ever again.
I genuinely find the latter more concerning. With the current geopolitical Bitcoin reserve fomo it could potentially require a global catastrophe for us to see a bear market with similar proportions to previous cycles ever again(Let alone that there scenarios where a world catastrophe only strengthens bitcoin). Last cycle there was the "super cycle" narrative hopium peak and we ended up with a cascading disaster. This cycle people are more skeptical of the super cycle and we might just end up with it. It's possible we are no longer early. It's like when childhood ends. The comforting reality is that one is never too late and that wizards are always on time. submitted by /u/StartThings [link] [comments]
I genuinely find the latter more concerning. With the current geopolitical Bitcoin reserve fomo it could potentially require a global catastrophe for us to see a bear market with similar proportions to previous cycles ever again(Let alone that there scenarios where a world catastrophe only strengthens bitcoin).
Last cycle there was the "super cycle" narrative hopium peak and we ended up with a cascading disaster.
This cycle people are more skeptical of the super cycle and we might just end up with it.
It's possible we are no longer early. It's like when childhood ends. The comforting reality is that one is never too late and that wizards are always on time.
[link] [comments]
