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Comment by bearjaws | Hacker News Reader

Didn't blow up enough to scare people away long term, it will be back soon enough.

Exactly. FTX.com wasn't even legal in the US. The Terra/Luna crash was WAY worse for people, and that didn't do much to scare people away.

BTC has held above $16k, which is really saying something considering the circumstances.

BTC, A deflationary currency that lost 75% in value in a year, despite all the problems coming from projects that aren't even BTC.

> A deflationary currency that lost 75% in value in a year

I don't know, my BTC is still worth one BTC.

You should work for the white house.

What inflation? 1 USD is still 1 USD.

That is sure to comfort you if it buys the equivalent of a candy bar.

At $15/each, by the time we get back down to $15/BTC maybe it will buy me a candy bar.

And what are you going to do with it that isn’t based on it’s value relative to fiat currency?

Stare at it on my phone.

Well sure. And one Papiermark is still worth one Papiermark.

I believe BTC won't drop below $9k until Tether collapses. That will be a day worth celebrating...

A bunch of crypto-coins held up off the market with bankruptcy trustees for the next decade?

Heck, Mt. Gox hasn't even paid out yet!

Crypto is dead until your neighbor that is dumber than you starts getting richer than you, again!

What's significant about $16k?

This is coming up every now and then that Bitcoin is no more. This video is still relevant: https://www.youtube.com/watch?v=XbZ8zDpX2Mg