Quote from: richardsNY on November 28, 2019, 08:52:41 PM

What is your take on the current bearish reversal? Have any bearish reversals ever made you uncomfortable or you don't care because you rely on the long term potential for Bitcoin to hit $100,000 and possibly higher?

you get more indifferent after experiencing a dozen of these events. The time when $250 capitulated at $70, phew, I was thinking "some super bad news could really squash the whole thing", but fortunately it turned around both very assertively and fast.

Nowadays, any movement is pretty irrelevant to me. I spend BTC when I need stuff, not when economics (or economists) suggests I should (in your face, Gresham!) The more I learn about how Bitcoin's fundamentals hold it together (and future plans to strengthen it), the less concerned I am about a black swan situation wiping it out. Which is obviously always possible, but it'll be far easier to put the whole thing down to experience in that event. I'll be proud and lucky to have been a part of a great part of history if so, I mean think on that, this is a genuinely historic phenomenon that'll actually appear in cultural dissemination years from now, whether it succeeds long term or not. And it's been said from very early on, if Bitcoin fails, cryptocurrency will still succeed, you can definitely "bank" on that