Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Amazing how all the resident bears come out to play when we've had a 3-4 dollar correction, absolutely adamant that
- This epic price surge hasn't lost them any money.
- They then proceed to tell us that they'll now be shorting & making lots of money.
One of the above scenarios is usually bull shit but which one?
- This epic price surge hasn't lost them any money.
- They then proceed to tell us that they'll now be shorting & making lots of money.
One of the above scenarios is usually bull shit but which one?
This amazing price surge certainly hasn't made you any money. Not unless you've cashed out, which you didn't.
And even if you did, you're sure to blow all the money on scratch tickets and bunk crack, so same difference
Instead of "cashing out", we can always just purchase goods and services with our BTC. BTC price going up increases our purchasing power irregardless if we convert to fiat or not ourselves.
The USD has become worth less since 2009 while bitcoin has become significantly more valuable since 2009. The choice of which to hold is an obvious one.