Post
Topic
Board Speculation
Re: Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!)
by
d5000
on 01/04/2019, 21:52:50 UTC
Honestly I want as many people as possible to get out of BTC before they get hurt. The point of Bitcoin for me has always been *everyone* can use it and *everyone* benefits.
That's not solved if only owners of top-class hardware can run a full node.

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Dogmatic thinking is what leads people to still think that LN is a magical scaling solution (it's not), that doesn't require custodial wallets (it does) and isn't just banking v2.0 (it is - it even said so in the white paper, but who reads those right?).
LN is "prepaid card 2.0", not banking 2.0. And the "2.0" in this case indicates that much less trust is required than with traditional solutions. LN is not magical, but it's also not the only technology that will lead to a better scaling Bitcoin.

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tl;dr - the bottom is in (dont expect any sudden moves though, could take months before it resolves). Make sure you are on the right train leaving the station. They will all leave together, but some will run out of steam long before the others.
The bold phrase is imo the most important one of your post Wink A bear that's recognizing a bottom could be a strong bullish signal.

I get it, for you the strong bullish signal is meant for BCash and friends (do you support ABC or SV, by the way?). I tend to disagree, for me BTC (Core) is still the better try.