Crypto's on sale again?
this post was submitted on 12 Oct 2025
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Crypto is dead again? ... And it's back.
Time to buy
It's fine just the monthly pump and dump you didn't benefit though so enjoy the extra cost as funds just got shifted again
Hot take: crypto is dumb.
People are dumb. Currency cannot work if it's not used as a currency. Cryptobros "investing" in it are the dumb ones, trading currency as it's stocks or something (not to mention, that stocks are dumb as well). How can it not be volatile?
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Hotter take: you missed out on it 15 years ago. I know I did.
Is a bubble, cripto exists for the sake of cripto, eventually all of it is gonna collapse, specially when only a tiny fraction of it is used for transactions.
I could have gotten in very early, for almost no money.
But hey, clipping coupons for pasta and going to the thrift store is cool too.
Well, every second you "miss out" on going all-in on the highest leverage possible and win. Afterwards you always know better so don't be sad about it. Back then it was probably even more risky than it is now, so depending on your risk tolerance and investment goals it was probably right to miss it.
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That take is lukewarm at best.
You say that as if you don't think the entirety of capitalism is dumb.
The difference is that first currency is backed by nation state trust.
Crypto is touted as independent of that, except we've seen that's not really the case in recent years. So yea, what's the point then of crypto?
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At first cryptos had a true value, as in people wanted it and saw the potential of the coin itself, and not of the price it had, thus raising the prices. Then it changed. Capitalists with their huge capital started playing the market. So instead of the cryptos having a monetary value based on their actual value to society, they got their monetary value from previously monetary values. This means that the value of the cryptos shifted towards how much value it could provide to the people investing in them.
At this point anybody with half a brain should have stopped caring about the actual monetary value of cryptos. Bitcoin was made for one thing and that was to be a decentralized alternative far away from any government. And now you have one government, that only consists of a mere 5% of all humans, that somehow made the market crash? Everybody that doesn't think this is beyond crazy is getting played, hard.
Crypto should have been about taking power away from banks and capitalists. And maybe there are projects along those lines. But for the most part it's been co-opted by exactly that sort of asshole.
Now crypto exists mainly as a microcosm of human folly.
😔
How is a 10 percent drop in BTC price considered a great amount of volatility?
I don't get it
They’re saying some guy in china cashed out trillions because of the trump tariffs
In 1987 the s&p500 fell 20%
Yeah, Black Monday and similar in the Dot Com Bubble, the Sub Prime Mortgage crisis, and COVID.
But these are events that got named. BTC loses a chunk of value it's just Tuesday.
Have some in your portfolio, sure. But all crypto added together has a similar market cap to Microsoft or Apple, and when BTC dips, all the other crypto follows it.
Individual share also fall 10% regularly.
If you weight you portfolio by asset value then 0.2% should be in crypto.
BTC loses a chunk of value it’s just ~~Tuesday~~ BTC.
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