[chillacy]

Either one is right or the market is irrational? Seems like by that logic one can never really be proven wrong.

[TylerE]

You can be right, the market can be wrong, and then the market can crash before you can exit the position.

Imagine, for instance, trying to get actual USD (NOT USDT!) for BTC when that fever dream ends.

[ric2b]

You can get USD for BTC right now, you've been able to get if for nearly a decade and there have never been as many reputable exchanges as there are now.

[TylerE]

The exchanges tend to "go down for maintenance" on any big price swing.

[mthoms]

Evidence? I've been in crypto a long time and have never experienced this.

I'm not saying it's never happened, but implying it's some sort of repeating pattern is simply false.

[TylerE]

https://news.bitcoin.com/crypto-exchanges-overwhelmed-on-bit...

https://www.forbes.com/sites/billybambrough/2020/05/20/sudde...

https://cryptopotato.com/bitfinex-offline-goes-in-unschedule...

[mthoms]

You said they "tend go down for maintenance" on "any big price swings" but were only able to muster one example of one exchange going down "for maintenance" on one price swing (Bitfinex).

The others, as the articles point out, were trade volume related (which is also a problem, but much less sinister).

There's no evidence this is some kind of grand conspiracy like you implied. There's plenty to criticise in Crypto, but little evidence for what you actually claimed.

[zelly]

there is no end. crypto will continue to swallow up all the world's capital and you'll be furious at how many leading zeros there are in your BTC-priced paycheck.