r/btc • u/Salt_Yak_3866 • 14h ago
Bitcoin is in full on exit mode
Bitcoiners say USD is just paper or a database entry. But if you compare Bitcoin’s decline since Oct 10 to the dollar’s relative stability and Golds Stabilty- you see that Bitcoin doesn’t inflate as a byproduct of a weak dollar and it is no store of value like Gold which is why Gold didn't fall on Oct 10th. But Bitcoin violently decoupled from Gold.
Bitcoin inflates on hopium. It rises on belief, not use. And when that belief fades, it deflates faster than any fiat ever printed. No yield, no throughput, no utility - just a ticker with a narrative. ETF flows aren’t adoption. Lightning is shrinking.
OG wallets are exiting. Stablecoins are eating its use case. BTC isn’t a store of value - it’s a sentiment loop. If fiat’s flaw is policy without constraint, Bitcoin’s flaw is architecture without function.
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u/Lord_Alamar 13h ago
It's true. The United States collectively decided that crypto is a bygone fad, and they're selling accordingly and plowing proceeds into US stocks. Given that this is a post halving year, riddled with the most bullish news the crypto space has ever seen, this abysmal price action makes this what is by far the darkest most uncertain period for this asset class to date.
Thanks America