Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I'm glad this is happening so it will finally be over and done with.
I think we will have reached our new ATL since the last ATH within a day or 3.
I think we will have reached our new ATL since the last ATH within a day or 3.
You could be correct that this is going to be over soon (perhaps within a few days), but it remains difficult to be glad about the whole situation.. and we also cannot really rest assured that it is going to be over, either.
It is similar to previous downtrends when posters are rejoicing about falling BTC prices, and they keep rejoicing and the BTC price keeps falling.
After a while, the rejoicing stops as the BTC price continues to fall. At some point, the price stops falling, too.. and I would rather NOT go through all of that. I would rather return to UPPITY, even if the shitty alt coins have to come along with us...but it still seems that even though bitcoins are being shook, the alt coins are not shaking enough... and bearwhales can still smell blood.. and purge and purge and purge... ..
Me thinks that it remains difficult to feel "glad" under such ongoing uncertain circumstances.
Not that I'm cheering or anything, but I do believe that altcoins still have at least one more massive rally ahead where bitcoin dominance would see new lows:
I was trying to explain to one bloke that it doesn't matter if you buy 0.1 bitcoin or 100000 of some shitcoin for same amount of money, if it rises 50% the gains will be the same. He firmly believed that his 100000 coins will make him more money, as the numerical value of them is higher. Many know nothing about math, sad.