If this isn't a provoking title that makes for a great share, I don't know what is... but the truth is I didn't make it for clickbait.
The truth is I was thinking about BTC and analyzing both its past and its future and I realized...
...the whole thing is just like my Turkey!
If I piqued your interest, read below to know why.
1. Price Action and Revision of Belief:
BTC Maximalists, BTC enthusiasts, and even the cryptocurrency industry in general value BTC due to its Price Action and due to the fact it is worth "so much money".
I have gone into why BTC is an overpriced collectible and why nearly every token is superior in some of my previous articles - but I also know it is playing a huge role in raising crypto awareness due to it being worth "crazy money".
Crazy being the word here, but I digress.
The first reason that leads me to compare BTC and my Turkey is the fact that both the BTC community and my Turkey have similar beliefs.
Let me clear that out for you.
I fed my turkey every day, and the turkey grew and grew.
My Turkey would wait for me every day, and he would gorge down his rations, becoming a plump bird that continued to get fatter with every feeding.
You see, the Turkey had a core belief - since every day I was feeding it, he thought that I was always going to feed him.
BTC (its community collectively) also thought that due to the price growth and the constant gains, the token can only grow more and more.
One day, my Turkey had a huge revision of belief.
One day, I went to the turkey and took him out for dinner - you know what I mean.
The turkey was convinced I was there to feed him. The turkey couldn't believe I was going to do what was logical, which was to eat him.
Cognitive dissonance plagued the mind of the turkey as his belief changed in a flash... but it was too late.
BTC is just trusting the belief on price, and its community is forgetting the fact that the logical thing will happen.
It's usability is inexistent and the token can't pass the test of time, the logical thing is that one day the price will crash and other tokens will overtake it.
One day, BTC will find out that it was brutally taken down and eaten.
Cognitive dissonance will plague the minds of BTC Maxis, and they will change their beliefs in a flash... but it's going to be too late!
2. Getting the Turkey Drunk: Right Before the Kill
If you grew up in a village or if you ever owned a farm, you probably know that, in order to make sure the meat is high grade, you need to get the Turkey drunk before slaughtering it.
We are experiencing the market pouring the whiskey on the BTC holders' glasses.
The price is rising, and rising, and rising, and the BTC crew is becoming drunker and drunker.
Their ecstasy is just the ecstasy lived by my Turkey right before the kill...
...poor thing won't even know what's coming.
In Conclusion:
Since BTC has no fundamentals, logic dictates that it will eventually crash and be overtaken, as name and FOMO will only take it so far.
Like my Turkey, BTC will collectively experience cognitive dissonance when the time comes for its dismissal and the triumph of chains with value such as BCH, and it will roar in ecstasy as the price jumps one last time before the ultimate dip.
This is natural... but greed blinds everyone to fundamentals.
Unfortunately, BTC is just like my Turkey...
...and Christmas is coming!
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How sad it is for that to happen. And oh, the turkey, it got eaten and what has become of it? _____