Let's take a look at some of dino7's predictions from 2021:
Quote:
Originally Posted by dino7c
Bitcoin breaks 70K Canadian
will be 100k this year...and that is conservative
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January 2021. Didn't happen.
Quote:
Originally Posted by dino7c
You guys should shut up and buy some Cardano...if you like money that is
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Feb 28 2021 - Cardano (ADA) was at $1.35. It's now barely over $0.56.
Quote:
Originally Posted by dino7c
"Smart" money is buying Bitcoin now
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March 30 2021. Bitcoin was $57,573.24, it's $43,645 now. Smart money.
Quote:
Originally Posted by dino7c
Ask yourself is the price of X the highest it will ever be?
BTC-NO
ETH-NO
ADA-NO
4 years and 2 years ago I told everyone to buy BTC. One year ago and 6 months ago I told everyone here to buy ADA and ETH. Massive fluke? Your call, for me the internet/Crypto is like nothing we have ever seen before in investing. Market sentiment has never been so easy to follow.
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September 1st, 2021.
BTC: Then $47335.42, now $43619.00
ETH Then $3790.61, now $2539.24
ADA Then $2.79, now $0.56
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The crypto bubble hasn't burst *yet*, but it's not inflating anymore either. Crypto is yesterday's craze, nobody's talking up web3 and blockchain anymore, it's all about generative AI solving real problems, while the only problem crypto "solved" was how to untracealy pay randomware gangs.
It's fizzling instead of popping, and some people made a lot of money while the fun lasted - nice, if you're one of them. Some people make a lot of money buying lottery tickets too, but that doesn't mean they are smart investors, it means they got lucky, and you certainly can argue with that kind of success because it's not replicable by method, only chance.
Maybe there's enough inertia and institutional money in bitcoin to sustain it for years and years to come. Maybe not. For certain, though, it's going to fade even further into irrelevance until guys like dino are sitting in their rocking chairs telling the bored grandkids how they were in the front lines of the crypto revolution until it was co-opted by those damn global elites.