Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
mindrust
on 13/03/2020, 08:14:21 UTC

Now lets hear the bull case.


Bitcoin is still Bitcoin. Nothing that makes it a valuable experiment has changed. Perhaps speculators got bit but that’s all part of the (speculation) game. If speculation would be Bitcoin’s purpose, the smash down would be bad. But Bitcoin’s game is totally something else (yes, it really is).

To me, the smash down may lengthen the path but does not hurt the experiment. Especially if the COV19 crisis leads to another round of again more crazy monetary experiments.

So nothing has changed, and the entry price just got lowered.

Solid arguments.

I never doubted Bitcoin.

Global recession and my latest panic buys fucked with my state of mind.

When everything gets resolved it may go back to 9k in no time.