Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Lauda
on 12/08/2017, 21:57:59 UTC
Thanks. People who think that we may see sub $1000 or even sub $2000 (possibly, too early to tell) again are delusional at best. Just take a look recently what happened:
1) Major exchange is gone (BTC-e).
2) Biggest Bitcoin mixer is gone (bitmixer).
3) Several darkmarkets are gone.

What has Bitcoin been doing since these events occurred? Kept skyrocketing. The honey badger does not give a fuck and keeps storing wealth.
Contradicting all those pundits who claimed BTC's value was dependent on crime.  Cool
Ironically, I've read such claims (comment section) on some very recent articles in a few mainstream media. This is further proof for my belief that in a time where we are presented with a wast source of information (interweb), that average Joe keeps distancing himself from facts and that the average IQ/knowledge keeps declining. For example, one comment claimed that most of BTC's transactions are dark-web related which is absurd as: 1) You can't know which transaction is which / only estimate. 2) Transaction volume has not taken a significant hit after the markets were killed. 3) BTC is excellent for online transactions, and I'm sure plenty of people use it (I don't even have to mention Gambling).

I hope this price point holds: 37xx.