Real and hard facts that the Bitcoin community should accept and be alarmed by:
- Bitcoin no longer experiences parabolic rises.
- Bitcoin continues to have -50% drawdowns.
- The cycle has repeated.
- The theory of diminishing returns has been fulfilled once again.
- Over the last 5 years, Bitcoin has essentially given the same return as the SP500.
Basically Bitcoin price action sucks now and it doesnt look like it will change in the next 5 years, which mean that Bitcoin wont make you scape the rat race and your purchising power will increase at the same pace as a npc who hold the sp500.
