this post was submitted on 27 Mar 2024
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That subreddit was simultaneously the funniest and creepiest subreddit I've ever visited. It's hilarious how sure they are that they will all be billionaires but I always got the creeps when thinking about how I was reading the comments from a bunch of people just throwing their life savings down the toilet.
I bought a few thousand dollars because I could and I’m just sitting on it because I’m very curious what’s going to happen. I really believe the float has been locked up for a while and there’s some serious shenanigans going on. I either will strike it rich or at some point throw in the towel and write off the losses on my taxes. But I look back at when everyone wrote off Bitcoin and look at it now.
If it's any consolation, i feel a heavy dose of those posters weren't buying anything. "Bought another 700 this week on the dip!"
Sure you did, bud. You're totally not trying to make more bagholders.