Ironically, it's the banks that drive the price of Bitcoin these days. Along with the "Bitcoin whales": hedge funds, investment firms, and billionaires, they're all in on the speculation.
Is there update for 2025? This is a general rule of all media. After 4 cycles you can pretty much feel at which stage the BTC bubble is just by the amount of coverage there is. The current one feels sluggish.
People are generally not interested in discussing assets in depth. Or any other topic for that matter.
It would be so awesome to have a forum where intelligent, grown up people discuss the possible futures of Bitcoin. Or any other asset. But I have not found one yet. If anybody knows some place, please please post a link!
I remember when bitcoin post appeared first on HN. It was trending and lot of people were curious about technical details and people joking about viability as currency.
I even started mining for a brief time on work desktop which I had to uninstall immediately of course.
Of all the things, people calling Bitcoin a bubble would have to be the most reasonable in hindsight of any group who got a prediction wrong. It is hard to argue with the reasoning and the observations. Goes to show, the economy is a funny thing.
8 comments
[ 2.6 ms ] story [ 29.0 ms ] threadIt would be so awesome to have a forum where intelligent, grown up people discuss the possible futures of Bitcoin. Or any other asset. But I have not found one yet. If anybody knows some place, please please post a link!
I even started mining for a brief time on work desktop which I had to uninstall immediately of course.