Hey everyone, I'm starting this thread because there's a thought I just can't shake. I vividly remember the days when saying "I invest in Bitcoin" would get you labeled as a crazy visionary or, at best, a geek playing around with fake internet money. Today, the tune seems to have completely changed. It's not just niche forums talking about it anymore. You have the very banks that wanted it dead yesterday now discussing it, you have giants like BlackRock getting their hands dirty with ETFs, and even my aunt is asking me if "it's a good time to buy those bit-things." So, my question is this: have we passed the point of no return? I mean, have we moved from the "I wonder if it will even survive" phase to the "okay, it's here to stay, now let's see how it fits in" phase? On one hand, institutional adoption feels like an undeniable sign. On the other hand, the volatility is still like a wild EKG reading, and governments still haven't really made up their minds about what to do with it. What do you all think? Is it still a massive high-risk gamble, or has it become an established asset, a kind of "digital gold" whose place in the future is all but guaranteed? Let the debate begin below. I'm curious to read your takes.
Only one way to find out. Remove fake money (tether) out of the system and see if crypto will survive. Until then it is all smoke and mirrors.
Who is going to remove it out of the system though? Will Howard Lutnick demand an inquiry for an investigation into his own operations? The ponzi scheme is literally operated by the members of the US cabinet. Like i am genuinely wondering what could take down Tether? I am of the same opinion as you are that it's a giant fugazy propped up by fake Tethers. But it seems the only thing that can take it down is like a system-wide shock(financial crisis). biggest ponzi the world has ever seen
I have no idea what or when. But if it does, then we will see the actual price of BTC. just like we know the actual price of oil or gold. Why do you think gold is not 30k per ounce, and the reason of course it is traded in real money.
Answer is NO. PONR applies to certain things like sex and not trading. It will go up and down and up and down and ...