To the Pro-Bitcoiners On Here
I would post this on the other subreddit, but they don't take too kindly to any negative views of the ledger numbers.
The market is absolutely ripping right now. Everything is up, PE ratios are just about as high as during the dot-com boom, and yet somehow, bitcoin is falling fast.
Just think about what is about to happen if we have an actual market correction? People lose their appetite for risky assets pretty quickly if they suddenly fear they can't pay their mortgage. Bitcoin will plummet even harder, and what happens next? You run up on the MSTR time bomb that everyone knows is coming. It doesn't have to get all the way down to their cost basis to have a spiraling effect, because we all know at what number they become insolvent, and if it even flirts with that range it will implode.
Also, this last run past 100K had several catalysts, MSTR rallying investors, institutional ETFs, halving event, etc. What exactly is the next catalyst? You have run out of fools. Don't get stuck holding the bag.