Honest question...

Honest question, how is BTC supposed to reach a new ATH when most people who were interested got burned and will never ever invest again?

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exactly this.

Institutional money retard

I'm still interested in it and didn't get burned

>will never ever invest again?

you are very much mistaken. Humans are fucking idiots - just look at us here. Normies will fomo in again and again and again, whenever the media conditions encourage it.

unironically this

Bitcoin will reach one million dollars. Please doubt me.

People asked this exact same question after we crashed from 1200 in 2013. The answer is that people are stupid and will chase it again when it pumps despite having gotten burned the last time.

when people will hear other people getting millionaires again, and they will say! you just have to hodl through the dip...people are brainlets that's why you have extremely rich people

lol, the pajeets who are gonna buy my bags haven't even been born yet... you retarded bears have no understanding of digital scarcity. There can only ever be 21 million bitcoins, and probably over half of them are lost forever because people are fucking retards. Yet they keep printing fiat currency every day, and more and more pajeets are born every single day. All fighting over the ever-dwindling supply of bitcoins

This. Why do people keep gambling after they lose once? Because it's fucking addictive yo. This shit isn't like the stock market where you make 5% in a year on a good stock if you're lucky, that doesn't excite people, this shit makes 100% a week or a day. That will bring people back every time.

The Mt Gox trustee is a way bigger problem than this.

Also for reference I got burnt pretty badly the first 2 times I entered this market because I got addicted to gambling futures on bitmex. I came back for a 3rd round and I'm still here, still kicking.

Greed always wins. The stock market would have died ages ago if getting burned caused irreparable damage.

Explain.

Mt gox trustee only has like 160k BTC. That's about the same as 1 day of trading volume. It's not as big of a deal as you might think, because he has openly said he is selling OTC as well which doesn't affect the market. Although it's in the buyer's best interest to push the market price down for a couple days before the OTC trade happens.

That selloff will be bringing it down and from there we can finally see what will happen. Even then, the whole market has hands tied up in it controlled the strings. The elite are determined to get their hands on bitcoin.

They will FOMO back in, like they did last time.
Becaus humans are feeble minded

my boys

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>Bitcoin dumps
>Everything is on sale
Unless you are a nocoiner, why would a drop in price bother you?

He cannot legally sell anymore coin as they've already recouped enough to pay losses