Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 23/02/2018, 22:13:55 UTC
Quote from: BTCMILLIONAIRE on February 23, 2018, 03:51:38 PM
Quote from: JayJuanGee on February 23, 2018, 06:40:09 AM
Quote from: BlindMayorBitcorn on February 23, 2018, 05:32:24 AM
Quote from: JayJuanGee on February 23, 2018, 05:16:07 AM
So, pee pare ur selfie for either direction, including DOOM..... but not necessarily gonna happen.

Give us something to work with BMB.... What be happening with uie?

My BTC to cash ratio is about the same as yours, give or take. But I'm obviously not as serene about it as you are.


Maybe some zen meditation is in order?

I mean really dude (or dudette).  We already had our selfies a 70% price correction, and where is the bad news, exactly?

It could be the case that the implosion of various alts are kind of dragging down BTC, but we actually have clear paths ahead for segwit and lightning, and look at those transaction fees and times, low as fuck (just showing that the long-ass spamming attack had been clogging up blockchain matters for quite a long time)...

Anyhow, BTC fundamentals seem to be doing quite good, so I don't see why any HODLer should be freaking the fuck out regarding the "normal" ups and down of bitcoin.

Recall that an aspect of bitcoin that it the most easily counted upon would be its volatility.  In other words, we do not have any guarantees of either UP or DOWN, but we have as close as we could get guarantee to volatility.  

So hang onto your panties (and all the pants you commandeered), and we should be able to make it through these trying (but seemingly expected) BTC volatility times.   Kiss
I would argue that BTC fundamentals are better than ever. The fact that we didn't go back to last year's initial price yet despite China type bans and all the FUD means that the biggest hodlers understand that governments and CBs have already lost the battle. It's just a matter of acting out the play for the masses now.

And from a technological perspective we're obviously much better off than we have been just a year ago as well, so any and every reason that people would've had for selling off (other than panic sales) has already been shown to be irrelevant for the future of Bitcorns.

I agree.  You said it much more forcefully than me (and still accurately) regarding BTC fundamentals being strong, including the fact that there had been decently sized attacks throughout 2017 - while the price kept rising, and even the beginning of the August 2017 forking attacks and the possible confusion from that including the decently funded campaigns to mislead newbies concerning the real bitcoin... and even if there remain newbies to mislead, there is a sufficient amount of smart money and even newbies who are not getting tricked by the misleading information - causing ongoing upwards price pressure strength in BTC - even if the short term does not prove to be BTC price bullish.