Is this 'Bitcoin' the real deal?

[How bad boy]

Buy the dip.

Be the sucker others need you to be.

 

[How bad boy]

Bitcoin coming up on 70% down since the peak in November following a further sizeable drop today.

Ethereum about to drop below $1k, it was $4.8k in Nov, almost 80% drop.

Ouch.

Still, it's only back to the value of 18 months ago, which is a great sign of the insanity of the whole shitshow, 5x growth in 10 months, 8 months later, lost all of that growth in value.

 

[menace404]

Bitcoin coming up on 70% down since the peak in November following a further sizeable drop today.

Ethereum about to drop below $1k, it was $4.8k in Nov, almost 80% drop.

Ouch.

Still, it's only back to the value of 18 months ago, which is a great sign of the insanity of the whole shitshow, 5x growth in 10 months, 8 months later, lost all of that growth in value.

Plenty of financial publications putting the sizeable decline of all crypto (not just bitcoin) down to energy costs. Mining is a gas and water guzzler and until heavier shifts to renewables for mining are made, the price will remain at these lows for a while.
It’s crazy in a way to try and run a currency that requires electricity and plenty of it to work.
Pull the plug (literally) and everything falls apart.

 

[CORKBHOY]

Massive devaluation in stock markets too.

 

[sigourney's knickers]

Cheers. I knew this 10 years ago.

Link would be nice.