Jacob King
Jacob King|1月 20, 2026 18:25
So many investors who went all-in on Bitcoin at 120K+ are now stuck at 90K, nervously hoping for another all-time high so they can sell. This is a textbook example of greater fool theory: the belief that someone even dumber will come along and buy, driving prices higher. After all, those who got in at the top were once that “fool” themselves. Deep down, everyone knows Bitcoin has no real utility or intrinsic value beyond speculative gambling. Anyone claiming otherwise is lying. The sad part is many in the Bitcoin space think $90K is low. They fail to grasp just how much dumb money and empty hype fills this market. Without Tether pumping fake USDT into BTC, the price would probably be around $4, never catching the media-driven hype cycle. Bitcoin's collapse will be the most documented bubble burst in human history, a stark reminder of how greed and fear override logic. My advice: reduce exposure immediately. Short-term price swings mean nothing when the long-term trajectory points straight to zero.(Jacob King)
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