I read that Bitcoiners used to accummulate BTC to get enough to buy a lamboghini supercar, and everyone used to ask others when they have gotten enough bitcoins to buy one. However, I've looked around the web and haven't seen anyone asking another "when lambo." Does it mean that Bitcoiners no longer spend their BTC on luxury, or has the Bitcoin generation in love with the lambo all gotten their lambo?
During bull runs, the 'When Lambo?' meme was prevalent because it was shouted most loudly by short-term hype traders rather than long-term holders.
Once bull run cycles ended, many of those who had loudly supported the 'When Lambo?' meme disappeared due to bear markets or simply grew quiet as the easy 100x gains faded.
One thing I'm certain about is that true Bitcoiners never considered a lambo as their primary goal, as they can acquire one if they really wanted.
Instead, they are more focused on wealth preservation, freedom, and not having to sell their holdings for status symbols.
Thus, 'When Lambo?' is now mostly associated with shitcoin hype.