Why so violent Dafar? Are you still butthurt about a bad trade or something?
I'm a permabull hodler that, after 3 straight years of witnessing bitcoin NOT becoming the uber global phenom that everyone was going on about in 2013, I believe have earned the right to be a little bearish now and then.
I still have not witnessed ANY new major Average Joe money, nor major investment money, nor major retailer adoption happen in that time either. The only thing I've seen in that time frame is complete apathy from the general public, and the occasional PnD bullshit that we're all so familiar with by now.
So fkn sue me bitch. Also, let's see how the year finishes up before you start calling it a full on uptrend, eh?
Bitcoin has steadily been losing some marketshare ground to shitcoins for 3 years now.Edit:
Well, well, well, looks like ol' Dafar is just as bearish too.
Ok guys, we've been seeing insane predictions since the end of 2013.
$1600/btc... $2000/btc... $3000/btc... even $10K/btc... but 3 years later nothing happens. I believe in bitcoin, but I'm worried about the time frame it might take for adoption to hit a point where we finally pass ATH. That could take a decade or not even happen in our lifetime
There is nothing wrong with having various bearish inclinations and reservations, but frequently, you have a tendency to go off the rails a bit with pessimistic exaggerations, which likely would cause people to wonder whether you are talking your books or giving a fair analysis of the situation.
For example in your assessments that adoption is not rapid enough and that bitcoin is losing market share seems to be quite a way off and really exaggerations, no?
"I still have not witnessed ANY new major Average Joe money, nor major investment money, nor major retailer adoption happen in that time either."Are you just impatient or what? Some of this takes time, and the overall evidence remains that adoption, development and investment is up and increasing. Sure, the amount of the up may not be exorbitant, but it remains sufficient to allow us to avoid conclusions of too much apathy (which you seem to want to conclude)
"Bitcoin has steadily been losing some marketshare ground to shitcoins for 3 years now."I doubt that the facts really support this kind of an assertion. Sure, we have been witnessing some innovations from altcoins (shitcoins as you call them), but in the end, any "losing of marketshare ground" is likely more illusory than anything. Let those various alt coins experiment and innovate etc... , and bitcoin can profit by witnessing such experimentations and determining whether those kinds of innovations (if any) are worth incorporating into bitcoin and how. The value of bitcoin remains its foundational security of immutable decentralization, and you are not going to retain "secure immutable decentralization" by attempting too many experiments and/or attempts at innovation... because the innovation is already there and the foundation already set.. and the inability and difficulties in changing bitcoin is a feature, not a bug.