BlackRock just lost the largest amount of money lost by a single firm over a six-month period
(twitter.com)
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Bitcoin fucking sucks. The only people who made real money out of it got in when it was below a $. The fact is its a ponzi scheme with no real value. Elon Musk just sold most of his at a MASSIVE loss.
sucks for Elon~ plenty of us got in when there were only 2 zeroes & are still up 100x during this latest "low". this comment is the mentality of people who are just mad they didnt buy in earlier. you absolutely didnt have to get in below a dollar to make insane money, especially compared to other forms of investing/saving. crypto is not any less absurd than the dollar which is based on literally nothing. except that with crypto your money isnt in the hands of corrupt af banks who could at any point just confiscate your money.
Bitcoin is not worth buying now. It has no value. And yes, the dollar has value because i can buy anything i want with it and the chances of it losing 50% overnight are very slim. crypto is gambling.