[pb7]

I think if and when the newbies get burned, they will disappear and forever write off WSB as a personal scam. I'm thinking like the common folks that bought BTC at $19K in 2017. I really don't think too many of them have bought back in after they sold for a loss and likely want nothing to do with it ever again.

[intotheabyss]

The big difference here is that holding GME isn't like holding BTC. Sure, many people say BTC is a scam or that it'll crash and burn, but holding through dips with BTC has historically been the correct move. I highly doubt holding GME is going to turn out well for anybody, so those losses are more "permanent" than say BTC. But you're right, a lot of people that got "burned" on BTC might not come back, but there's also a lot of people that held and are actually better off for it.

[pb7]

Sure, I'm not making any statements about BTC's future trajectory, just that those who bought at the last peak and panic sold near the bottom even after waiting for months or years are not coming back. Same with GME, except I'll bet a pretty penny it's not surpassing its peak again like BTC did. If you put your faith into a community (WSB) and lost all your money, you're not coming back. You might not even invest in the S&P500 for a long time because it will all feel like it's rigged against you.