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campionesidd t1_j2z47g3 wrote

How many people invested in BTC ten years ago? Very very few. BTC’s price is dependent entirely on how much money is invested in it. This is unlike the S&P500 for example where fundamentals like earnings, cash flow, growth etc matter.


johnnyhammer t1_j2z4ww3 wrote

Then why are you comparing the two?


campionesidd t1_j2zfmt3 wrote

Because BTC is far worse as an investment. In fact it isn’t even an investment imo, but pure speculation.