This crash was so predictable. At $19,000/Bitcoin there’s no speculative money left to be made unless you really really believe the valuation increases have multiples of 10 left to go.

Yes, of course you can pull your money out, but where are the free drinks? Hotel suites? windbreakers?

But the market is so illiquid the market might drop way below your stop price before your transaction is processed.

Bitcoin is a bit more complex than a Ponzi scheme, and its long term future is still muddled. Though it’s certainly obvious to everyone, including most speculators, that the current price hike was utterly untenable, and was bound to crash at any moment.

I don’t buy stocks either, nor do I condone wallstreet. I don’t even approve of publicly traded companies, either. Silicon Valley wouldn’t even exist without the speculative fiction that is venture capitalism, either.

Every Ponzi scheme works great until it explodes. Same as it ever was.