Any vets out there caring to calm my nerves with some words of wisdom?
The market is waking up the fact that BTC is digital gold designed to be held and not spent -- that high fees and transaction friction are a feature and not a bug. The market may reprice BTC as a result.
My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.
Don't hold BCH. Peter is a shill.
If by "shill" you mean someone who has volunteered thousands of hours and years of my life to help grow Bitcoin into a global peer-to-peer electronic cash system, then here are some of the ways I've "shilled":
1. In 2014, I developed the first ECDSA signing tool capable of signing Bitcoin transactions offline over an air-gap by drawing power from the NFC field
[video].
2. In 2015, I co-founded (and still co-manage) the first peer-reviewed scholarly journal for Bitcoin and blockchain research,
Ledger.
3. Also in 2015, I did research to demonstrate that a transaction fee market would exist without a block size limit [
paper] [
video]
4. In 2016, I co-founded
Bitcoin Unlimited, which is now a $10 million+ organization that supports Bitcoin research and outreach across the world.
5. Also in 2016, I did research to show that with subchains, bitcoin's transaction capacity could be increased while also providing faster TX verification by miners to users [
paper] [
video]
6. In 2017, I demonstrated a security weakness in segregated witness [
video]
7. Also in 2017, I spearheaded the launch of the $3 million "Gigablock Testnet Initiative" and presented our initial result in Stanford [
video]
I have done all this to date as a volunteer because I love bitcoin and hope to see it change the world for the better.
All this to wind up on the wrong side of history. My my.