Jacob King
Jacob King|Oct 10, 2025 20:13
Bitcoiners are panicking as their so-called asset plunges nearly 10% over the past few days, realizing the tariff war isn’t over as many had assumed. BTC is not immune to global economic troubles. In fact, it’s the most sensitive asset you can possibly own. What many Bitcoiners unfortunately fail to grasp is that BTC has no intrinsic value. Its price depends entirely on two forces: fraudulent stablecoin injections that artificially inflate it, and speculative trading, mostly from retail gamblers chasing quick fiat riches. The bubble’s meteoric rise from nothing to nearly 130K isn’t due to any increase in value or utility. It’s the product of unchecked greed, manipulation, and mass delusion. Bitcoin is the worst possible asset to hold heading into the next major recession. As history has shown, it crashes harder and faster than everything else. While traders and media try to normalize prices above 100K, the truth is this market is dangerously overvalued. Anyone refusing to take profits now will end up holding a worthless bag, because once the everything bubble bursts, it’s never coming back to these levels again.(Jacob King)
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