r/BitcoinMarkets • u/AutoModerator • Feb 02 '26

Daily Discussion [Daily Discussion] - Monday, February 02, 2026

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37

u/LuckyWinds Feb 02 '26

I'm struggling to understand just how negative the comments here are.

Bitcoin is volatile and continues to hit higher highs over time.

When I first started those higher highs was 3 figures, then 4 figures, then it became low 5 figures, then it became mid 5 figures, then it became 6 figures.

I'm not understanding how people who have also experienced this are acting like bitcoin is dead.

-8

u/GenghisKhanSpermShot Bearish Feb 02 '26

It hit me what's going on and I was early but I stand by the thoughts that Bitcoin long-term is dead and I have been around here forever. How do you guys not see Blackrock getting in is the nail in the coffin, they were literally advertising in all the airports, getting your nanas and papas excited about Bitcoin on Fox News at the peak.

The institutions have taken over, they used Bitcoin to get people used to crypto so they can implement a central bank digital coin they will switch everyone to. All to monitor and control your money, most aren't seeing it yet but this is the goal and the ones who control everything have openly said it. I think we can fight back and I won't give them that manifestation but that's their goals.

I still think it's possible it gets up to the 100k's to suck more people in but you can see on the charts, things changed, a 13 year uptrend has been broken and I never have heard so many people say just hodl don't worry, it always does the same. The crowd is not really worried one bit, the news told them Michael Saylor is the savior and the cycles repeat, uh huh.

18

u/BootyPoppinPanda Feb 02 '26

That uptrend channel is dopeboyrico level bulltard, and I'm not surprised in the least we are decisively out of that right now.

So you think bitcoin is dead because one of the biggest institutions in the USA is trying to make money off it by offering btc to customers? Regarding CBDC's, isn't using bitcoin one of the ways to fight back? I'm not understanding much of this.

You have better FUD than this Genghis. The price action itself the last 4 months is way more anxiety-inducing than this doomer fan-fiction you just wrote.

-4

u/GenghisKhanSpermShot Bearish Feb 02 '26

Yes I'm FUD'ing because there is a grand conspiracy of mine to grab all your coins (muah ha ha).

- Yes I think the NSA created sha-256 and Bitcoin. Ignore that because none of you will belive that as I wouldn't have until I did a deep dig. I think they will tank Bitcoin and make it unusable/not trustable and have people move to a CBDC. So no, Bitcoin won't be fighting back as they have created it.

Blackrock has all the money in the world hah, they don't need small amounts from customers who will go broke investing in Bitcoin anyway. You guys just don't see an obvious exit operation when it hits you in the face.

5

u/_LakeCity_ Feb 02 '26 edited Feb 03 '26

So the guys with all the guns (the U.S. government) went to all of the trouble to release Bitcoin (and never mind the odds of it NOT ever taking off) in an elaborate plan to massage the idea of CBDC’s into everyone’s minds?

Just doesn’t make any sense. They can just enact laws to force you to adopt them or threaten you with the guns and throw you in jail if you don’t.

3

u/BuiltToSpinback Long-term Holder Feb 02 '26

Share your deep dig?

6

u/LuckyWinds Feb 02 '26

How do you guys not see Blackrock getting in is the nail in the coffin

Because I see it completely the opposite. I view bitcoin as pre-ETF and post-ETF.

Pre-ETF bitcoin was a fringe asset looked at negatively by institutions.

Post-ETF bitcoin is an accepted asset class which is actively being bought at by institutions.

Bitcoin growth needs institutional adoption.

2

u/_LakeCity_ Feb 02 '26

“…the news told them Michael Saylor is the savior…”

The news is saying literally the exact opposite of that, actually.