Michael Burry confirms what we all knew

If there are still idiots out there with no skills, no talents, low IQs, as long as they’re still out there “calling” bottoms as if they have any knowledge of financial markets, this isn’t over.

Because all they’re doing is sitting on their asses waiti mg for Bitcoin and other assorted nonsense that doesn’t do anything, that doesn’t provide any value to humanity, to start inexplicably going up in value so they can sit on their asses and get rich. It’s not coming back. You are not some hyper rational savant that “calls” the bottom, you are an idiot that got pulled into a FOMO driven speculative mania and you are holding a worthless internet token.

I explained this months ago, I’m explaining it again now, this stuff isn’t coming back as long as you’re still here certain that it is. The sign that it MIGHT come back is when you’ve declared it to be worthless, when you’ve left and moved on with your life. The “next cycle” isn’t coming.

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Other urls found in this thread:

theguardian.com/technology/2022/jul/12/they-couldnt-even-scream-any-more-they-were-just-sobbing-the-amateur-investors-ruined-by-the-crypto-crash
twitter.com/AnonBabble

didn't read your post. bottom is in. cope

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Bitcoin is doing *just* fine.

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All of my friends who had bitcoin before me and encouraged me to buy during the pump have sold and moved on. I'm still here with my bags :(

The only people who hate tech stocks are boomers who can't use a PC. Big tech has ingrained itself into every facet of life from city surveillance and farm yield to elections and advertising.

Tech isn't going anywhere which means crypto isn't going anywhere.

spoken like a commodities jew.
>the only thing of value is something i sell
mmmokay faggot

awww baby's fwends didn't tell him when to sell? too bad

>Cassandra
>crypto and NFTS are cringe
>cycle never coming back!
How many times has bitcoin died now???? This shit isn’t going away retard

"It's not the bottom until John Milbottom specifically stops saying it is!" is the weirdest spammed line this crash. The market doesn't care if some people are bullish, just in the same way we didn't need everyone to be bullish for the top to form.

>I explained this months ago, I’m explaining it again now
not sure why you even bother
it's like trying to explain algebra to a 3 year old
you're talking to people who think buying a jpeg receipt for $25,000 is the the future of finance and the key to financial freedom

Yes I'm just going to keep buying all the way down

Yep it’s true. The elite buy in when no one else is buying, this is how the make money and then as the normies start buying again they can dump on them, but if normies are still super eager to buy back in then the elite will just keep crashing the markets, they have to stop buying for markets to go up again

i will never own crypto again, fuck this fucking scam

Looks like we’re here already if you read this kek:

theguardian.com/technology/2022/jul/12/they-couldnt-even-scream-any-more-they-were-just-sobbing-the-amateur-investors-ruined-by-the-crypto-crash

>It all started in February 2021, with a radio advert for Dogecoin, a cryptocurrency promoted by Elon Musk, the founder of Tesla. Intrigued, Roy started Googling, eventually using his credit card to make an initial investment of €2,500 (£2,200) in a range of cryptocurrencies. The value of Roy’s portfolio climbed to €8,000, then €100,000, then €525,000. Roy started spending all his time watching YouTube videos and speaking to other cryptocurrency enthusiasts in private groups on the messaging app Telegram. He had been treated for cocaine and alcohol addiction twice, but by 2021 he was sober and working as an addiction counsellor. In May, jobless and broke, Roy checked into Castle Craig, one of the only centres in the world that treats cryptocurrency addiction. (He lost his job when he relapsed; his rehab fees are covered by medical insurance.) His cryptocurrency portfolio is worth about €300.

> Bargaining. Vahid, a 31-year-old from London, has used Twitter to plead for his money with Alex Mashinsky, the founder of Celsius. Vahid’s life savings, more than £50,000 in cryptocurrency, is locked in his Celsius account. Vahid had planned to use the money to start a business or buy a house. For support, he spends his time on conference calls with other Celsius victims; I listen in to one.


>“I couldn’t eat or sleep for two nights,” says Alla Driksne, a 34-year-old chef from London. “I got sick from the stress.” She has lost her life savings – a six-figure sum – in the Celsius freeze.
>But he didn’t listen. “They call it ‘being an alpha’,” he says. “You have to be on Twitter, and follow the right people, and be in the right Discord channel. You listen to the right chatrooms. It makes you feel so special.”

Fucking based af mumu

How are people still so retarded about crypto. He's had 13 years to learn about all the different use cases that are both real and imagined. It's his fucking job and yet he still doesn't get it at all?

For the first time in human history, normies can trade and buy themselves. They need no dickhead broker. We have the same information available if we seek it. That every man and his dog got pulled into it is clear, but lets be real, the amount of money that went into it wasn't that impressive. I dont think it is the end of crypto, it will have its usecases, but it is now time for mature projects that can be adopted. Not fucking dogcoins and other shit.

I dont mind buying some here and there because if it has another run or more in it, I consider it worth it. If not I dont mind, I already got a house out of it.

>he didn't take profits
many such cases

Retard wins lottery, broke 2 years after. Time old as time.

>t. Still doesn’t understand bitcoin