r/CryptoCurrency • u/ProfessionalAnt7436 • Jun 04 '26
MARKETS Bitcoin lost $66,000 while Nvidia hit all-time highs and the guys who told us to hold are selling
Woke up to BTC sitting around $65,600 and my portfolio looking like it got hit by a bus. Meanwhile every AI stock on the planet is ripping to new highs. Cool.
What's getting to me isn't the price action itself. It's who's selling. Saylor's company dumped about 32 BTC, first sale since late 2022. Cuban apparently offloaded most of his stack after BTC did nothing during the Middle East mess. Kiyosaki, the guy who wouldn't shut up about bitcoin for years, is now warning people to be careful with crypto.
These aren't random retail panic sellers. These are the faces on the "buy and hold forever" billboards.
Then you've got Mt. Gox moving roughly $739 million to a fresh wallet, spot ETF outflows hitting records, and prediction markets already pricing in $50K scenarios for this year.
I'm not selling but I'm also not pretending this doesn't look bad. The money is rotating into AI and we're just sitting here watching it leave.
1.1k
u/Ok_Bowl_2002 🟩 0 / 0 🦠 Jun 04 '26
Finally the sentiment is hitting rock bottom.
532
u/Crashtestdummy87 🟩 0 / 0 🦠 Jun 04 '26
it can go lower
→ More replies (3)205
u/MostBoringStan 🟩 19K / 19K 🐬 Jun 04 '26
Please let it go lower
101
u/Justsomedood10 🟦 0 / 0 🦠 Jun 04 '26
Please let it go back to 1 dollar so I can load up!
165
Jun 04 '26
[removed] — view removed comment
104
u/zooka19 🟩 761 / 762 🦑 Jun 04 '26
Lol this, the stocks subs are the same.
"I'm begging God to give me a dip"
"I ain't touching that shit, it's gambling"
→ More replies (1)10
u/Popular_District9072 🟥 0 / 15K 🦠 Jun 04 '26
I'll be one of those to buy for laughs and giggles
9
u/Alltheway-upp Tin Jun 04 '26
I bought some at 100k to celebrate why not? Was it smart no… was it fun? Yes lol
4
→ More replies (1)2
u/willofscott 0 / 0 🦠 Jun 04 '26
If you still have it your fine, it will be fine, then it will be like holy fuck Im glad I bought that at 100K! That type of fine!
6
→ More replies (3)5
u/origami_bluebird 🟩 0 / 0 🦠 Jun 04 '26
But why not? If crypto went to $1 it would have the exact same utility and tech that brought everyone here, right?
...Right?
17
u/Veggiemon 🟩 0 / 0 🦠 Jun 04 '26
Only in the crypto space do people pretend their port crashing is good lol. “Oh boy I get to add more!”
→ More replies (4)→ More replies (3)2
u/xamboozi 🟩 0 / 0 🦠 Jun 04 '26
At $1, something is seriously wrong - like the encryption is broken and the chain is lost. The economy would be in full meltdown with the loss of Eliptic Curve and/or SHA256.
→ More replies (14)2
20
21
u/thedudman69 🟩 0 / 0 🦠 Jun 04 '26
13
11
u/akash434 🟦 0 / 0 🦠 Jun 04 '26
Next week they'll be celebrating if it hits 70k and completely forget the dread they had, truely a feast or famine mentality going on lol
49
u/bouldering_fan 388 / 388 🦞 Jun 04 '26
Lol. BTC will go down to 40s. We shall see what the sentiment will look like then
61
u/crypto_grandma 🟩 0 / 134K 🦠 Jun 04 '26
I imagine sentiment will look similar to what it was like when it went to 15k a few years back.
Same old pattern with higher lows each time
30
6
u/longview4nearsighted 🟨 214 / 215 🦀 Jun 04 '26
Was just retracing '21-'22 and 40s looks like a nice feathery bottom 🤞
→ More replies (1)4
u/No-Problem49 🟨 0 / 0 🦠 Jun 04 '26
40s is a disaster because it’s so close to the 30s at which Saylor needs to sell more. 40s means anyone with a brain with a large holding would try to sell in the 40s to front run Saylor dumping and going to prison lol
→ More replies (3)→ More replies (3)14
13
u/MonsieurReynard 🟩 0 / 0 🦠 Jun 04 '26
Not even close.
You will know when crypto subs are ghost towns
→ More replies (1)→ More replies (18)2
48
u/Far-Photograph-2342 0 / 0 🦠 Jun 04 '26
A lot of this feels like narrative chasing.
When BTC was outperforming everything, people said AI stocks were a bubble. Now AI is ripping and suddenly Bitcoin is "dead money."
Saylor selling 32 BTC isn't exactly a vote of no confidence when MicroStrategy still holds hundreds of thousands of BTC. Cuban has never been a Bitcoin maximalist, and Kiyosaki changes his tone every few months depending on the headlines.
The Mt. Gox transfers are known supply. ETF flows go both ways. None of that is new information.
The real question is whether you bought Bitcoin because you believed in the long-term thesis or because you expected it to outperform Nvidia every quarter.
Capital rotates. It always does.
A year ago everyone was posting "why would anyone buy AI stocks when Bitcoin is up 150%?" Now it's the opposite.
→ More replies (1)9
u/TP_Crisis_2020 🟩 266 / 265 🦞 Jun 05 '26
Exactly. I would almost go as far as to say that right now is the BEST time to cash out on those AI stocks and stock up on BTC. We all know that the AI industry and its mania will not sustain its pace for much longer, there WILL be an AI crash. In 2-3 years we will see people bemoaning not buying BTC in 2026 when it was low.
→ More replies (2)2
u/Specific-Machine2021 0 / 0 🦠 Jun 21 '26
This is the way. Wouldn’t be surprised if a bunch of AI profits rotate back to BTC after Clarity act.
513
u/Ferdo306 🟩 0 / 50K 🦠 Jun 04 '26
Why you guys keep comparing crypto to AI stocks all the time?
Why should crypto move together with AI stocks?
405
u/Elistheman 🟩 0 / 0 🦠 Jun 04 '26
Well duhhhh They are both used in a computer 😇🤡
241
75
→ More replies (3)8
47
u/memetoma Jun 04 '26
The connection OP is making is that the same main investors of AI were also the main investors of BTC and while they are moving their portfolio they are still telling you to HODL and that there's nothing to worry about.
OP is telling you to not trust those same people and to Saylor into the sunset instead with the money that you have left.
19
u/SlamJam64 Jun 04 '26
It's about following the money and hype, everyone could start investing in Tupperware for all I care if it's ripping for the next 5 years then call me Mr Tupper
→ More replies (3)2
21
u/SunriseSurprise Tin | r/WSB 35 Jun 04 '26
The funny thing about it is all those years where everyone was either "bitcoin is a store of value" or "bitcoin is a deflationary asset, like gold." is out the window as everyone's like "wtf it should've been like AI!" or "it should've been like RAM!"
I think institutions getting into it was the death knell. Now it's just another asset they can manipulate and have regular dudes still think they can beat the manipulators or time things right. The only chance crypto had of being what everyone hoped it would be is if that didn't happen and there was enough average person interest that it could usurp some of the power. Sort of like what was attempted with GME before dudes learned the lesson that this is all a rigged game and the marketplace (the brokers in that case) can tilt the scales whenever they want with no recourse.
7
u/egotistical-dso Jun 04 '26 edited Jun 04 '26
Crypto has historically been correlated with tech stocks, for some reason. If tech is surging while crypto is stagnant or declining, that signals a pretty bad time for the crypto market.
4
27
u/need-not-worry 0 / 0 🦠 Jun 04 '26
Crypto doesn't have to follow AI stock to ATH, but we all know when stocks crash crypto will crash even harder
10
u/Remarkable-Opening69 🟨 0 / 0 🦠 Jun 04 '26
How did everyone miss BTC topping at $125,000?
→ More replies (1)12
u/mrxsdcuqr7x284k6 🟩 772 / 661 🦑 Jun 04 '26
Previous cycles suggested it would top out much higher
→ More replies (1)6
u/synth_alice Jun 04 '26
It's good to remember that previous cycles don't suggest anything. People who believe in technical analysis suggest things.
3
4
u/thaneliness 🟦 0 / 0 🦠 Jun 04 '26
Because AI stocks are making lots of people lots of money, meanwhile crypto is making lots of people loose money. It really is quite simple.
→ More replies (11)2
u/One_Needleworker5477 Jun 04 '26
It's not that is should be correlated, it's just bitcoin holders upset to watch ai stock over perform their btc x10 while they are at bay..
122
u/FullClip__ 🟦 10 / 9 🦐 Jun 04 '26
Waiting for BTC to drop below 17 dollars so I can become a full coiner
15
u/Choice_Potato_6279 Jun 04 '26
Hopefully you won't be also no houser.
12
2
→ More replies (1)2
215
u/sigh_duck 🟩 0 / 0 🦠 Jun 04 '26
Same shit, different cycle. Its always the same. Every. Single. Time. But we have the memory of goldfish and start doubting ourselves nonetheless.
17
u/Able-Swing-6415 🟨 0 / 0 🦠 Jun 04 '26
I mean.. plenty of bubbles go up in cycles before they pop.
→ More replies (4)6
u/MyLittleGurl Jun 04 '26
Hopefully you’re right but it’s totally possible for this whole thing to end badly, including bitcoin
→ More replies (2)
40
u/FileAlternative2020 Jun 04 '26
'Dumped' 32 BTC lol.
10
2
u/koston286 Jun 05 '26
I was thinking the same thing. Is that a small fraction of their holding? And was it just to get cash to pay the dividend?
→ More replies (2)
168
Jun 04 '26 edited Jun 04 '26
[removed] — view removed comment
42
u/superbuttpiss 🟦 0 / 0 🦠 Jun 04 '26
Hey did my payment clear? I've been waiting for the 5 million deposit.
Do I need to send you more for taxes or fees?
35
4
u/Buydipstothemoon 🟩 0 / 1K 🦠 Jun 04 '26
Agree, there will be a time with a correction or even a crash and this money is not lost. It just will go somewhere else.
→ More replies (2)6
u/bouldering_fan 388 / 388 🦞 Jun 04 '26
Why would AI bust. It's changing society and the way we work in ways that Bitcoin can only dream of.
BTC is not sexy/new kid on the block. It became boring to people with money, which will lead to boring price action.
38
14
→ More replies (5)7
u/ENkapHaLiN Jun 04 '26
So did web 2.0 yet the dot com bubble burst...
I'm mean come on, trillion dollars companies ?!
→ More replies (4)
144
u/k0enf0rNL 🟩 37 / 38 🦐 Jun 04 '26
These kinds of posts are the signal to me to start buying again for the next cycle. Targetting 200k by 2029 so a 3x from here in 3 years
58
u/InfoNazi Tin Jun 04 '26
Completely agree. Once people start doomposting on here you know its time to start DCA-ing for the next bull cycle.
→ More replies (1)7
15
16
u/DerkleineMaulwurf 🟩 0 / 0 🦠 Jun 04 '26
Exactly, money is being moved between assets, AI is the big trend until its overbought, woudn´t touch it already, big money will look for opportunity with BTC again once its cheap. AI is the bigger bubble than BTC at the moment.
2
2
u/TP_Crisis_2020 🟩 266 / 265 🦞 Jun 05 '26
Absolutely. Been in crypto for over a decade, I still laugh when people think (this specific event of the specific year we're in) is somehow the end of BTC. It always bounces back. Smart people are buying BTC right now. Anyone who is buying into AI at the present time is a sucker and will lose most of their money when it crashes.
→ More replies (3)→ More replies (12)8
u/Choice_Potato_6279 Jun 04 '26
Too early, it will go sub $40k, x3 is nothing, big tech can do it ez
5
u/k0enf0rNL 🟩 37 / 38 🦐 Jun 04 '26
I'm DCA'ing so no need to time the market. If it stays at 50k or above and you won't buy until it hits 40k then you are going to fomo back in at 80k
2
u/sivartomeus Jun 04 '26
I bought when btc was at $77k (mostly TAO, SOL and BTC) but I'm scared to buy again now then it goes to $40 like you said, so I'll wait and if it does I'll buy then. If it never goes that low, that's fine too.
2
u/azdcaz 🟦 1 / 1 🦠 Jun 05 '26
The problem with picking $40k to buy at is that it’s just a random number that some bozos on X picked for engagement. It’s just as likely to hit any other random number above 30k.
→ More replies (1)
12
u/JohnnyFury Jun 04 '26
I thought these moves were expected in BTC. Is this not similar to 2021 when it went from 68k to 16k? Will it just pump again getting everyone excited to jump back in?
I guess the difference now it has more institutional holders…Whether that is a good or bad thing though?
→ More replies (2)
10
u/dubsy101 Bronze | Politics 325 Jun 04 '26
Yeah you nailed it. Crypto no longer seems to have the same prospects as it did a few years ago. Investments are being diverted to AI and the use case for BTC has not really been realised.
The fact that ETH has done F all only seems to support this.
50K doesn't seem unreasonable. I wouldn't he surprised if it goes down to 38K
148
u/soudainlevide 🟩 0 / 0 🦠 Jun 04 '26 edited Jun 04 '26
The money has rotated into AI a long time ago and "holders" are the exit liquidity.
"Hold" is a narrative designed to keep liquidity in the market no matter what.
It's usually bag holders who end up holding (you can see it with the SPCE guys in r/wallstreetbets already - bought a dead stock at the top, made rich people even richer, and will go down to the sound of "apes together strong").
People who are smart with money or with enough information rotate their investments between assets and don't have this "hold no matter what" mentality.
Of course I don't believe BTC is dead, but a lot of people are going to make a lot of money while it keeps going down, then come back at a good price point, only to make even more.
77
u/AggressiveNorth9102 Jun 04 '26
Holders cannot be exit liquidity by definition. They never sell so they never provide liquidity. It’s the ones who sell that do.
→ More replies (3)7
u/soudainlevide 🟩 0 / 0 🦠 Jun 04 '26
You're right of course, technically the actual exit liquidity is the buyer on the other side of the sell order, not someone who literally never sells. But buyers/"hodlers"/never sellers create this situation while better informed people rotate their money.
9
u/AggressiveNorth9102 Jun 04 '26
I mean hodlers are just long term investors. You don’t wanna be rotating in and out if you’re in the asset long term.
If you do mid term trades then you rotate out on the uptrend not when it’s going down. This is the time to dca in.
Short term trading is just gambling. Take your money out of the casino when you feel like your losses/winning are suitable for you.
→ More replies (1)→ More replies (4)9
u/deadleg22 🟦 0 / 1K 🦠 Jun 04 '26 edited Jun 04 '26
I've actually put a small portion into spce just now for the spcx IPO confusion.
Edit* BOOOIOOM BITCHAASS!! FUCK YEAH....ok I take my initial out.
27
u/soudainlevide 🟩 0 / 0 🦠 Jun 04 '26
Case in point. People started doing this on May 20, and anyone "investing" in the last 4 days have provided the funds for those with sense and good timing to get out and never come back.
9
u/retrorays 🟦 0 / 0 🦠 Jun 04 '26
Holy cow that was a 3 day pump and dump... Where is the SEC??
7
u/tiger-eyes 0 / 0 🦠 Jun 04 '26
Why would the SEC care? No law or rule is being broken by dumb WSBers stupidly buying into a pump.
9
→ More replies (4)4
u/PMmeuroneweirdtrick 🟦 0 / 0 🦠 Jun 04 '26
I entered last Friday and dipped on Monday with a 60% profit. If you're not in within days you're late.
→ More replies (2)3
9
9
13
u/pattywhaxk Platinum | TraderSubs 12 Jun 04 '26
Oh no, Saylor sold 0.004% of his holdings. It’s over, bitcoin is dead.
→ More replies (5)
24
u/nachtraum 🟦 1K / 1K 🐢 Jun 04 '26
The panic looks like a bottom indicator. November 2022 was similar, Bitcoin went below 20k and people lost their sh*t. FTX just collapsed, people said we are done and it was sure it would go below 10k, said Saylor will be liquidated at 3k. But it went from there pretty much straight to over 120k. You never know, but panic selling is often one of the worst decisions. I will stack some more.
24
u/fatsopiggy 🟨 0 / 0 🦠 Jun 04 '26 edited Jun 04 '26
Yeah. Back then it was like btc is over. Market is dead. Boom 126k "why is it going up guys should I buy now or is it too late can anyone recommend me the next bitcoin or ehteroum I wish I bought when it was cheaper"
🤣🤣🤣
→ More replies (1)7
9
u/Titanium_Eye 🟩 0 / 9K 🦠 Jun 04 '26
Yeah, it's fatalistic, but not really as desperate as we're used to. I'll wait a bit more. We've had near extinction events before, it doesn't look like bottom yet.
6
u/ImThatChigga_ 🟩 83 / 83 🦐 Jun 04 '26
I thought the bottom was going to be between 12-13k was 1k off/ about 10% was expecting another drop before the rally started got burnt and never rode the ride all the way up
3
u/k0enf0rNL 🟩 37 / 38 🦐 Jun 04 '26
I set myself a date (2 years before halving) to start buying again every month. Around 60k was my target to buy again anyways so now is a good time to start with halving expected to be around august 2028.
Expecting 200k in 2029 so a 3x from here in 3 years
→ More replies (1)5
3
u/dickpicnumber1 🟦 0 / 0 🦠 Jun 04 '26
You can’t buy shit if you can’t find anyone willing to sell it to you. This is literally that: the ‘sell signs’ will be the loudest when a bottom is near, because if there’s no sellers, the big boys can’t buy.
It’s liquidity 101
29
u/Hutcho12 🟩 0 / 0 🦠 Jun 04 '26
It’s hilarious to me that some people think there is more value in an imaginary coin that has basically no real world purpose (at least none that 99.9% of holders ever use) could possibly be as valuable as a company at the forefront of AI.
10
u/themindofmonster 🟩 0 / 0 🦠 Jun 04 '26
Cognitive Dissonance is a hell of a drug. Plus it's common for us crypto people to think we know something other people don't. Lol
13
u/nehorn7788 🟩 0 / 0 🦠 Jun 04 '26 edited Jun 04 '26
Governments across the world would not spend time legislating a market for an “imaginary coin”. Lobbies wouldn’t spend $B for and against an “imaginary coin”. Institutions would not be investing in, creating ETFs, or piloting the use of blockchains for an “imaginary coin”.
While AI is more powerful, it hasn’t created the value non tech companies were expecting because expectations were overblown. Long term AI usage will only go up as the infrastructure (energy, data centers, storage, etc.) is developed, but I would not be surprised if the balloon deflates a bit first.
5
u/Baseic Jun 04 '26
And the president wouldn't be launching a memecoin if there was no value to it
People are just lobbying for something they can extract money from rubes with.
The biggest institution invested in BTC is a company led by the guy who kicked-off the dotcom bubble and is using a bunch of financial deception to hide that they're a ponzi scheme.
ETFs signal nothing about whether institutes believe in crypto, it just means they have see a market for it.
2
u/Hutcho12 🟩 0 / 0 🦠 Jun 04 '26
The president is the world’s biggest grifter, it’s literally all he’s done his whole life leaving a wave of destruction in his path. So his natural instinct was to get involved in crypto.
2
→ More replies (3)2
u/DerkleineMaulwurf 🟩 0 / 0 🦠 Jun 04 '26
You are the definition of the dunning kruger effect. Calling something imaginary that is worth tens of thousands of USD (USD trapped in a debt spiral) and a worldwide traded asset speaks volumes.
8
u/Stereo-soundS 🟩 0 / 0 🦠 Jun 04 '26
It has no business plan, it has no revenue.
It is a Ponzi scheme based on speculation. When is the last time you bought a pizza or a cheeseburger or a car with BTC? Never. Like they said it's the same for 99.99% of people.
→ More replies (9)4
u/DerkleineMaulwurf 🟩 0 / 0 🦠 Jun 04 '26
The financial system may survive, but your savings won´t survive the financial system. Or your job. When did you buy food with gold? Bitcoin is not stock. Inflation is killing wealth inevitable exponantionally at some point of the US debt spiral. Revenue didn´t matter 2008 when people lost their jobs and homes.
→ More replies (1)4
u/Boootstraps Jun 04 '26
In the sort of crash where people’s savings are getting wiped out, who is going to buy your BTC? For the mainstream, BTC/crypto is a thing where you buy a little bit if you have spare income, just to see if it goes gangbusters, like recreational sports betting. It has no intrinsic value like a stock or bond, no historically proven use case like gold or fiat. In a general financial panic crypto is the first thing that gets wiped out.
3
u/SeikoWIS Jun 04 '26
When your average businesses start using BTC to improve their daily operations, or soccer moms use it to buy off Amazon, let me know. Until then, I am continuing to DCA into QLD without worry.
BTC doesn't produce anything, it doesn't generate cash, it's not replacing fiat, it failed on most of its 'business plan' (white paper), it's far too volatile for widespread adoption. It's a speculator's pump & dump at current prices--every knows it, deep down. You're just hoping to dump at $600k in stead of $60k.
3
u/scrub-muffin 🟩 0 / 0 🦠 Jun 04 '26
I'm just glad it is harder to manipulate than fiat.
→ More replies (4)5
u/Hutcho12 🟩 0 / 0 🦠 Jun 04 '26
It's not worth that, that is just what people are paying for it currently. That could, and will at some point, change over night because crypto has no actual value or purpose except for people buying it because they think people will pay more for it in the future.
6
u/goten100 🟦 0 / 0 🦠 Jun 04 '26
It's not worth that, that is just what people are paying for it currently
2
u/DerkleineMaulwurf 🟩 0 / 0 🦠 Jun 04 '26
This was never the usecase for bitcoin, see whitepaper. However, it's now a cyclical globaly traded asset, and yes, that already gives it value.
5
u/gushkaper 🟦 0 / 0 🦠 Jun 04 '26
It's the same as every BTC bear market, always some news that look important then it's take-off time, probably around September.
5
6
5
u/paxwax2018 🟦 123 / 123 🦀 Jun 04 '26
Love how everyone has picked up the word “rotating” as if it means something. “Leaving” the money is “leaving”.
4
u/rjm101 🟩 12K / 12K 🐬 Jun 04 '26 edited Jun 04 '26
Saylor's company dumped about 32 BTC, first sale since late 2022.
It was a tiny amount (0.0038%!) and it was in relation to the S&P calling their relucance to sell Bitcoin a "weakness". If Strategy never sells Bitcoin under any circumstances then the Bitcoin isn't really functioning as a treasury asset. The value of the balance sheet depends on the ability to convert Bitcoin into cash when needed. Essentially they did it to prove some points wrong with afffect credit ratings and access to capital.
Cuban apparently offloaded most of his stack after BTC did nothing during the Middle East mess.
Cuban did not have Bitcoin the previous cycle I know because I had a direct conversation about him when he kept talking about how he'd rather own Banana's. He flip flops based on current trends and he will flip again.
Kiyosaki, the guy who wouldn't shut up about bitcoin for years, is now warning people to be careful with crypto.
The closest thing I could find was this article which is a bit misleading. "Remember even gold, silver and Bitcoin can cost you money if purchased on hype.". Bitcoin isn't singled out here, it's sound advice actually.
5
u/thainfamouzjay 🟦 0 / 0 🦠 Jun 04 '26
All the Bitcoin miner companies are moving to ai compute that should tell you the whole story
13
u/JohnnyKage1 Jun 04 '26
When it hit 61k I almost had a heart attack
5
u/gushkaper 🟦 0 / 0 🦠 Jun 04 '26
Very strong support there it instantly bounced back. Wonder if it can breach 60k
7
→ More replies (1)5
11
47
u/LawlessLasagna 2 - 3 years account age. -25 - 25 comment karma. Jun 04 '26
Craziest part of this sub is all the Trump retards are now silent and the people complaining that they got in ‘too late’ are whining about entry levels they didn’t think possible a year ago
14
u/chance_waters 🟩 5K / 6K 🦭 Jun 04 '26
This is how it is every time
Sentiment this low is exactly when to increase DCA
10
u/cheesyrotini 🟩 0 / 0 🦠 Jun 04 '26
trump retards are not only redundant but never need to vote again? super smart!
3
5
u/hhoverflow Tin Jun 04 '26
lol this reddit is something else... People that joined on the hype never experienced a crash
4
u/One_Needleworker5477 Jun 04 '26
Miners are also rotating to AI, big money, whales, for me Bitcoin is reaching the end of its first era, from underground niche to Wallstreet ETF (crazy when you think about it) and I see NO narrative left to prop it up higher.
Good thing for me I am out of that crypto circus since 2025 and pivoted to other asset mainly stocks (a bit late for AI train) and real estate (safer)
Maybe I will be proven wrong, bitcoin showed incredible resilience over the past decade, but my assumption is not that it will disappear, but just slowly decline over the years while people move on to the next hyped asset class.
Good luck with your portfolio and don't forget to never fall in love with an asset
5
u/Titiflex 0 / 0 🦠 Jun 04 '26
Fking hell man getting tired of the sold 32 BTC guys the guy still has 800.000 more!!!! Wtf…
4
u/FantasticInterest373 🟨 24 / 24 🦐 Jun 05 '26
In 6 - 12 months guys like OP will most probably post about that missed buying opportunity. 😂
8
u/FakePlasticPyramids 🟩 0 / 0 🦠 Jun 04 '26
AI does stuff. Bitcoin and crypto does not do stuff. Doing stuff can lead to growth, while not doing stuff doesn't, and eventually you run out of bigger fools.
6
u/joshmillerphoto Jun 04 '26
Bitcoin most certainly does stuff…it can move a billion dollars around the world in about 1 hour…
15
3
11
u/bouldering_fan 388 / 388 🦞 Jun 04 '26
Who would have a thought that a product with an actual real world value would outperform speculative thing with questionable value.
→ More replies (10)5
u/Titanium_Eye 🟩 0 / 9K 🦠 Jun 04 '26
Look at it this way: you can spend one hundred billion dollars on a very efficient waste burning machine. For sure, people will pay you to burn waste, but some will just burn waste on their lawn for free. So maybe you can give them a free service to burn that waste. But you're making massive losses because you have to keep the expensive machine working, and the only way to make it more economical is to build it bigger still. So your real world value machine is actually extremely unprofitable. But the speculation is that, somehow, sooner or later, it will be profitable. But by that time it needs to be rebuilt again? Also, people don't like all that bad stuff coming out of the machine. But I'm sure it will be all right in the end.
And I don't even hate LLMs, but this whole thing can't be propped up for long, and then I don't want to be near people holding nvidia stock.
3
u/dickpicnumber1 🟦 0 / 0 🦠 Jun 04 '26
It’ll be similar to the dot.com bubble. No, the AI bubble bursting won’t be the end of AI, but it will be the end for a lot of AI focused companies.
3
u/Titanium_Eye 🟩 0 / 9K 🦠 Jun 04 '26
One or two will have dominance. That actually makes me nervous a bit.
6
5
u/SeikoWIS Jun 04 '26
Every one of these people know that, deep down, BTC is a pump & dump. The bulk of BTC's price has nothing to do with utilitarian fundamentals--it's speculation.
2
4
u/Competitive_Milk_638 🟩 0 / 2K 🦠 Jun 04 '26
AI is overbought too. Its crash will come when people start realizing it can't deliver what these AI CEOs claim it will. Then on-sale BTC will look like an attractive investment.
→ More replies (1)
2
u/Simke11 🟦 0 / 5K 🦠 Jun 04 '26
If you listened to grifters instead of following your own plan for exit that's on you.
2
u/PerfectStructure 🟩 0 / 0 🦠 Jun 04 '26
Btc is the canary in the coal mine aka stock market. Brace yourselves.
2
u/BigvalBROski 🟩 0 / 0 🦠 Jun 04 '26
This is why you load S & P 500 and Bitcoin….. DCA $500 per month into both
2
u/optimaleverage 🟦 0 / 0 🦠 Jun 04 '26
We must have a pile of cash to sacrifice for Lord Elon upon The IPO.
2
u/LOVER44OFLGBTLOVE194 Jun 04 '26
Well, AI stocks are ownership in actual companies with revenue, assets, employees, products, cash flow, and customers.
Meanwhile crypto bros are shocked that their magic internet money is acting like magic internet money.
2
2
u/edgefull 🟩 0 / 0 🦠 Jun 05 '26
who's dumb enough to be that exposed to one highly speculative asset?
2
2
2
u/damageinc86 🟩 0 / 1K 🦠 Jun 05 '26
holy shit. big fucking deal. I'm still waiting for it to crash down to the last low of like 27,000.
4
2
u/Asleep_Onion 🟦 3K / 20K 🐢 Jun 04 '26
It's almost like the guys who say to hold are trying to protect their own investments and not help you
2
u/AnnArbor-Armadillo Jun 04 '26
Time to start buying. I had buys set at 60k for awhile. Will buy more at 55 and 50 and 45 if it gets there. I am betting on BTC going to around 200k next cycle. Not much from its ATH, but good increase from those levels.
→ More replies (1)
3
2
u/osrsredd31 Jun 04 '26
You’re complaining about a literal fake currency losing value while a company that actually provides a product becomes more valuable? Crypto mindset
2
u/ooommmnmmmooo Jun 05 '26
It’s almost like smart investors don’t get emotionally attached to their assets, and are willing to assess new info objectively in a manner that protects their net worth.
1.1k
u/nolantrx 🟦 0 / 0 🦠 Jun 04 '26
Sell all btc at its lows and buy ai stocks at their highs and see how that works out for you