r/Bitcoin

10 Totally Legit Reasons Why Bitcoin Will Drop to $10K This Month

Look, I’ve been in crypto since last Tuesday, so I know what I’m talking about. After extensive research (aka reading three tweets and watching a TikTok of a guy yelling into his Lambo’s glovebox), I’ve uncovered the 10 irrefutable, stone-cold, can’t-miss reasons why Bitcoin is definitely going to crash to $10,000 this month.

Let’s get into it.

1. Too Much Decentralization.
No CEO? No customer service hotline? Who do I yell at when the price drops? myself? Ridiculous. At least when a bank screws me over, I can enjoy the hold music.

2. Scarcity Is a Red Flag.
Only 21 million coins? That’s clearly a scam. Real money is printed in unlimited quantities by trusted institutions, like a kid with a broken crayon factory.

3. Miners Are Just Fancy Video Gamers.
Why should I trust a financial system secured by sweaty dudes running up their power bills in Idaho? If I wanted my money protected by gamers, I’d store my savings in RuneScape GP.

4. It's Too Secure.
You mean I can’t call Visa and reverse the transaction if I accidentally send it to the wrong wallet? What is this, personal responsibility? Gross.

5. Elon Hasn't Tweeted in 3 Days.
Without our crypto overlord's cryptic memes, how is the market supposed to know how to feel? We’re flying blind, people.

6. Institutions Are Involved Now.
Oh great, the same folks who brought us the 2008 crash are now buying Bitcoin. What could possibly go wrong? Can’t wait for Bitcoin-backed mortgage derivatives.

7. ETFs Exist Now, So It’s Clearly Over.
If grandma can buy Bitcoin from her Charles Schwab account between knitting breaks, then it’s officially uncool. Price collapse imminent.

8. Too Many Laser Eyes on Twitter.
Correlation = causation. Every time I see a new influencer add laser eyes to their profile pic, the price tanks. It’s like a curse. Stop doing it, Brad.

9. No One Understands It (So Obviously It's Bad).
It’s been 15 years and I still don’t get how the blockchain works. If it can’t be explained by a sock puppet in 30 seconds, it’s fake news.

10. It Hasn't Gone to Zero Yet. Suspicious.
Every single asset I’ve ever invested in has gone to zero, so the fact that Bitcoin hasn't yet must mean it’s just about to. It’s the natural cycle of things. Trust the process.

So yeah, Bitcoin to $10K. This month. Maybe tomorrow. Definitely soon. I’m putting all my savings into Pokemon cards and canned beans. Join me before it’s too late.

Not financial advice. Just prophetic insight.

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@r_bitcoin

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122 viewsJun 5 at 00:37

10 Totally Legit Reasons Why Bitcoin Will Drop to $10K This Month

Look, I’ve been in crypto since last Tuesday, so I know what I’m talking about. After extensive research (aka reading three tweets and watching a TikTok of a guy yelling into his Lambo’s glovebox), I’ve uncovered the 10 irrefutable, stone-cold, can’t-miss reasons why Bitcoin is definitely going to crash to $10,000 this month.

Let’s get into it.

1. Too Much Decentralization.
No CEO? No customer service hotline? Who do I yell at when the price drops? myself? Ridiculous. At least when a bank screws me over, I can enjoy the hold music.

2. Scarcity Is a Red Flag.
Only 21 million coins? That’s clearly a scam. Real money is printed in unlimited quantities by trusted institutions, like a kid with a broken crayon factory.

3. Miners Are Just Fancy Video Gamers.
Why should I trust a financial system secured by sweaty dudes running up their power bills in Idaho? If I wanted my money protected by gamers, I’d store my savings in RuneScape GP.

4. It's Too Secure.
You mean I can’t call Visa and reverse the transaction if I accidentally send it to the wrong wallet? What is this, personal responsibility? Gross.

5. Elon Hasn't Tweeted in 3 Days.
Without our crypto overlord's cryptic memes, how is the market supposed to know how to feel? We’re flying blind, people.

6. Institutions Are Involved Now.
Oh great, the same folks who brought us the 2008 crash are now buying Bitcoin. What could possibly go wrong? Can’t wait for Bitcoin-backed mortgage derivatives.

7. ETFs Exist Now, So It’s Clearly Over.
If grandma can buy Bitcoin from her Charles Schwab account between knitting breaks, then it’s officially uncool. Price collapse imminent.

8. Too Many Laser Eyes on Twitter.
Correlation = causation. Every time I see a new influencer add laser eyes to their profile pic, the price tanks. It’s like a curse. Stop doing it, Brad.

9. No One Understands It (So Obviously It's Bad).
It’s been 15 years and I still don’t get how the blockchain works. If it can’t be explained by a sock puppet in 30 seconds, it’s fake news.

10. It Hasn't Gone to Zero Yet. Suspicious.
Every single asset I’ve ever invested in has gone to zero, so the fact that Bitcoin hasn't yet must mean it’s just about to. It’s the natural cycle of things. Trust the process.

So yeah, Bitcoin to $10K. This month. Maybe tomorrow. Definitely soon. I’m putting all my savings into Pokemon cards and canned beans. Join me before it’s too late.

Not financial advice. Just prophetic insight.

https://redd.it/1l3fmpq
@r_bitcoin

BY r/Bitcoin