This is how many Bitcoin people in here are arguing:
I saw some people buy a can of Coca Cola for 2000$ just a month a ago.
Now I can buy a can of Coca-Cola for only 500$, it is cheap!!
Bitcoin is not cheap at 6000$. It is make-believe toy money with no real value apart from some novelty value for people who like to have cryptos for fun.
This is the third thread you have started just this morning filled with nothing but FUD.
How exactly is this FUD? I am making the argument that just because an overvalued asset decline to a lower - but still overvalued - level, does not mean that it is a good price.
Do you have any argument or are you just crying "FUD" because you mistakenly believe that if you shut up opinions you don't like than you make-believe cryptomoney will rise in value?
Let's talk about something that's FACT. You spend your time bashing on something on a forum that's dedicated to it. Where's the logic in that?
One of the first things my mother taught me was that if you don't have anything nice to say then don't say anything at all. While it's maybe not applicable to people who actually make logical arguments against bitcoin and want to discuss their perspective. It's certainly applicable to statements such as 'it is make-believe toy money with no real value apart from some novelty value for people who like to have cryptos for fun'
You didn't answer the question - your trust in Bitcoin is clearly so low that you are afraid that a few words against it will hurt the value. And in that you are correct because the only "value" is based on people's perception of value and every day since the peak at 20.000 more and more people abandon it because they have seen that the party is over
Firstly, it is FUD because you do not provide any sound logical arguments or evidence. All you do is spout nonsense like "make-believe" and "toy money".
Secondly, there's an awful lot of things in the world where the value is based solely on people's perception. Why do people spend thousands on diamond rings, jewellery, expensive clothes, expensive cars, expensive watches, Apple products, etc, etc, when they could spend a fraction of the price for a cheaper but just as functional product? Perception. Perception drives the economy.
Third, you were spreading your FUD and telling people to sell at a huge loss at 6k USD. Hopefully no one listened to your awful advice now we are (predictably) on the way up again.