There is zero chance there aren't bear markets. That would be the first time in any asset or commodity or money in the history of the world. Perhaps not 80%, but there will be a deleveraging and then some somewhere.
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Even those are often made worse by meddling.
Sure slower and faster economic periods exist. 80% crash like clockwork isn't sustainable to build a global economy around.
Yeah, you can no true Scotsman all day. At some point what we all think of as a bitcoin bear has to end or we will fail.
I don't see why it has to end? Did oil fail? Look at the past 80 years in oil prices. It looks like Bitcoin, 😂