Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

I understand that you are referring to ETH - and I personally would not be employing such incrementalism system, unless that I have a belief in the fundamentals of the asset (which for me is not the case with ETH). So yeah, sure such an incrementalism step system can work for ETH on the short term, but it works better (to sleep comfortably at night) if you believe in the long term prospects of the asset (so better for BTC than ETH), and therefore your long term vision to accumulate and to HODL the asset through the bad times (which is a part of volatility).

I book the profits in BTC, I just choose to do it with the BTC:ETH and BTC:LTC pairs rather than soiling myself with the lowest of shitcoins...USD.

Etherium that blockchain that isn't immutable.

Believe it or not, there are still quite a few peeps talking about ethereum as the more likely one to become the world global currency - and shit, it seem so difficult to imagine something other than a proof of work (POW) system having any chance in hell to become the world global currency - which POW seems to be the only way to really objectively ensure a kind of objective standard - which directly relates to a meaningful ability to be decentralized - which also relates to security, immutability and creating the right kind of sustainable incentives (to secure the coin even while not trusting anyone else).