Because BTC is a literal Ponzi scheme that had real big money investments in. Imagine buying a gold mine and all the tools to mine the gold but then the value of gold drops to zero. They literally must artificially inflate the price to keep hooking idiots in to buying gold. But this isn’t gold, it’s literally less valuable than sand, in fact the price to mine BTC now already outweighs its value at scale.

---

No, no, no, no. You're repeating common myths here. When CAPE ratio, Buffett Indicator, and Mean Reversion are all this extreme, it has historically been the END of a bull-run, not the middle. For every person like me that is skeptical, there are many more that have your attitude that the bull run has much further to go. The crap that gets parroted here like "a crash doesn't happen until every single last skeptic has thrown in the towel and bought in" is bullshit. There will ALWAYS be a decent chunk of skeptics, even at the tippy-top. "Usually it happens when we least expect it". Well, there's plenty of people with their heads in the sand that aren't expecting it anytime soon. And I think there is now a "silent majority" of investors that aren't even really paying attention to what is being said on financial media, WSB, or other stock forums. And I also think that most of the people trading/gambling right now on the market aren't commenting - they're just quietly smashing the BUY button on the most popular shit for as long as it works until it stops working (and they aren't doing any fundamental analysis at all). All that said, my broken crystal ball agrees a small bit with you in the sense that I think the market may have another "fake-out crash" before the real crash happens just to fake out and trap the crowd of people saying "bubble" like me.

---

Just got to do kid stuff. Body surf, build a sand castle,  bury someone in the sand, look for seashells, throw seaweed on people....there's hours of stuff to do

---

Today would have been a great day to trim winners, cut losers, re-allocate capital and open new positions. Instead I just put my head in the sand and didn't open the app

---

RDDT and HOOD prayer circle... hold up and hold strong... don't pay attention to the market dumping again right now... ignore the algos... head in the sand... out of sight out of mind...

---

I work in massive companies and projects and typlically management bury their head in the sand and wont spend any time identifying and raising risks and then resourcing them correctly to reduce or close out the risk. So slowly the risks build and build and build until it nukes the whole project or worse the whole company. It's one of the reasons you need a few technical middle managers, they are super unproductive but can spot risks and raise and explain them to everyone else. The problem typically is these are the most awkward people too so suck as getting them addressed.

---

Tf you mean *actually* implicated? You got your head in the sand?

---

tesla shareholders should pay me 500k instead of 1 trilly to elon. i’ll just live on a beach and dip my toes in sand with cute goth girl

---

I'm just going to bury my head in the sand for a few weeks 

---

China moved to an island where they turn sand into electronic brains that hallucinate and people are scared they might not get enough ROI so the market tanks every time a geriatric orange man gets upset that people are talking about his association with the most famous sex trafficker in human history

---