
Don't Buy Bitcoin. It's Going To Crash!!!
About this video
A one-minute joke video titled as a warning against buying Bitcoin, giving a humorous summary of price crashes. It has no description.
Why it appears in the archive
Posted as a recurring joke every time Bitcoin's price crashes or hits headlines.
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From the Hacker News discussion
Everybody by now should realise that Bitcoin is a bubble and it is going to crash. Don't buy Bitcoin: [VIDEO]
Read original comment ↗Bitcoin has been pretty stable around $6500 for the past month. And for six months has been way more stable than The Shitcoins (BTC has gone from 30% to 50+% of total market cap in that time). Humorous summary of price fluctuations since 2010: [VIDEO]
Read original comment ↗Apologies for posting something borderline meme-ish on HN, but I think this video actually answers your question (watch the whole thing): [VIDEO]
Read original comment ↗As relevant then as it is now ... apologies for re-posting this, it's just not possible for me not to do so: [VIDEO]
Read original comment ↗OK, yes, that's a fair point. But it's not clear to me that pumping being taken away would be a bigger change than people trying to get out of USDT and buying BTC. Also we've been there (mtgox's willy etc). I don't think bitcoin will be much less volatile any time soon. [VIDEO]
Read original comment ↗> Bitcoin seems like a huge Ponzi scheme Can you please point out which previous ponzi scheme / bubble / tulip mania has gone through so many cyclic wave pattern and held up it's value despite all the crashes? "Bitcoin is going to crash" - [VIDEO]
Read original comment ↗Don't buy bitcoin, it always crashes. [VIDEO] We'll be back here in four years when bitcoin is well above 100k being used happily as a store of value by millions of people and someone like you will say the exact same thing again. How long will it take you to realise that it's already a success?
Read original comment ↗> This means that in less than a year BTC tanked to 27% of its peak year value, and it's tanking even further. Yes, multiple times: [VIDEO]
Read original comment ↗