Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitserve
on 13/03/2020, 23:32:06 UTC
@Geovanydesiju10
Quick Reminder" No one holding #bitcoin  lost anything Example: If you had 0.01BTC Before this Market sell off Guess what: You still have 0.01BTC in your wallet You only loose if you anxiously try to convert BTC to worthless FIAT
https://twitter.com/geovanydejesu10/status/1238564266879471618?s=21

Some day I will buy a baseball bat and start punching everyone that repeats that same old shit about one BTC being still one BTC.

C'on, Bitcoin dumped, it fucking sucks... just accept it like a man and don't invent silly excuses that mean fucking nothing! Tongue

Look how the same idiots start going full party when Bitcoin moons... wasn't it already 1BTC = 1BTC? C'on....

I "lost" a shitton of paper profits. There's no need to sugarcoat it. All this will pass when Bitcoin really moons.

The true meaning of this sentence is that if you are a true believer of Bitcoin you start thinking in Bitcoin and not in fiat.
When Bitcoin will be fully victorious over the FIAT Shitcoin, you won't change it back to Fiat.

So yes, fiat went up recently, don't worry. It is a rare occasion.
Fiat has been going down consistently over the last decade, so I can't understand how a very short lived fiat bull run can undermine the downtrend that started 10 years ago.
I strongly advise you to sell all your remaining Fiat as soon as possible!

***NOT FINANCIAL ADVICE*** Do not invest in fiat more than you can allow yourself to lose.


So you are expecting Bitcoin to raise in price vs fiat long term but you still think saying 1BTC = 1BTC has some meaning?

I do think in BTC terms because I do care a lot about my personal BTC count which I always try to keep increasing... that's a number that have a lot of meaning for me. I also do care about how good my BTC is doing against other assets (like USD). That's another number I do care.

1 BTC being still equal to 1 BTC? I can give two shits about that.

Really I never understood what's the point of repeating that all the time.

Btw, 1 USD = 1 USD. So what?

Wouldn't it be better if we focus on differential advantages of Bitcoin as an asset class, store of value, currency or whatever instead of repeating the same nonsense shit that could be said about EVERYTHING?

I have had this inside of me without voicing it... I really don't care... But yeah, I have always thought that each time I read that phrase.... for years now. Some day I had to let it go out. Smiley