Considering the actual situation, this argument seems very reasonable.
Why?
Since 25 years ago, up until now, ancient giant whales that have been dormant are throwing away their BTC.
On-chain data shows that the BTC that has been sold off has already exceeded 40 billion.
This is a terrifying number, seemingly really proving that: BTC has peaked, and the next step is the road to zero.
BTC is the "cornerstone" of the cryptocurrency world; if BTC goes to zero, the entire cryptocurrency world will also go to zero.
I can't imagine how many people will be on the rooftop at that time.
However!
I do not believe that BTC will go to zero.
A senior once told me: All over the world, no matter where, we can see it as a "ranking" game.
From the perspective of life's meaning: everything in this world has nothing to do with us, therefore all of this has no value.
Where does value come from?
Virtual currency and BTC demonstrate this mystery very well: value comes from consensus.
When everyone believes that an item has value, it has value; so how can this valuable thing become worthless?
The answer is astonishing: forming a consensus on value is difficult, and zeroing out value is also difficult.
Because society is a huge ranking game, taking BTC as an example: if it falls below 100,000 U, someone will immediately buy the dip at 98,000 U; these people are ranked at "98,000 U/BTC."
If BTC continues to fall, it will reach 80,000 U, and then someone will buy the dip again, 70,000 U, still someone buys the dip, 60,000 U, there are still people buying the dip………
No matter how it falls, there will always be "people at this position" who will buy the dip.
To go to zero, unless no one buys the dip, and everyone thinks it is worthless.
But there is a type of person in this world called "stubborn types"; these people dare to buy even if BTC falls to 0.1 U.
Therefore, something that has formed a value system is very difficult to go to zero.
This reasoning is very worthy of long-term investors to "enlighten."
Rise and fall make no difference; it all requires a reason.
I believe $WLFI can be valued at over 20 U, why?
With the support of the understanding king.
$ASTER is the same; with CZ backing, so I believe in miracles. {future}(ASTERUSDT) {future}(WLFIUSDT) {future}(BTCUSDT)
$SUBHUB No problem, no problem, my celb also dropped more than 20 times, where is this going? Continue, I see which blind person is not convinced and wants to bottom-fish.
$SUBHUB Airdrop hasn't sold, I'll buy some, anyway, it's all down, at worst, it'll drop another zero, I'll buy some more, feels like this has no bottom
$CELB Is it refreshing? I don't believe in this garbage, I just don't believe it, directly lost more than 20 times, now I'm convinced, and those who are still unconvinced continue to drop 200 times.
$CELB Is it refreshing or not? I don't believe in this trash. I directly lost more than 20 times. Now I am convinced, and those who are still unconvinced will continue to drop another 200 times.
#币安HODLer空投ENSO I can't believe it, I've never claimed an airdrop in all this time, I've never farmed before. Recently, I lost everything and was just about to come in and farm some funds, but one by one, people say this isn't allowed, and that isn't allowed. What the hell am I supposed to do? I just got 80 points.
Is there still hope for the currency $AR ? I bought it at 50, not such a small amount, how could it keep dropping like that worthless fil! Can someone who understands explain it?
#加密市场回调 That confirms this matter. Now, who would dare to buy counterfeit? Customer service says the value is 0. It's hard to regain trust after these waves, but the internet has no memory! In a few days, it will be fine again; continue to fight the local dogs.
Isn't this the crap pushed by the square's big V? Hanging people on the top of the tree? Liking the square might be the beginning of your losses, this is good, that is awesome, all of it requires you to take over the goods, dog pushing dog is even worse than a dog.