Post
Topic
Board Speculation
Re: BTC is up $4500 in 30 munites?
by
buwaytress
on 07/02/2021, 13:48:39 UTC
I think we do make good things if we just spread the good news, that is not really something bad, but we are at a stage where "good news" is already heard and we just need bigger and bigger names involved in order to get more attention. By comparison let me explain it this way, when bitcoin was around 10-50 dollars, only few percent of the world knew what it was, probably under 1% as well, but right now we are at nearly 40k and everyone on the world heard of it, not everyone has bitcoin, there is only a small portion of people still holding bitcoin but everyone at least heard about it.

So, "spreading the good news" may not be something we can really benefit from today as you might imagine. However there are still some ways it can be done, like grayscale going in with 10+ billion dollars is actually good way of spreading news while also buying, if I bought 10+ billion dollars worth of bitcoin it wouldn't be the same. So we can still have those but different ways.

Never said it was bad, but if all people ever did was hold and spread the good news (I'm beginning to guess that's what a lot of people here do) then you don't have utility, and you don't have demand, and you don't have growth in fundamentals.

The biggest educators and proponents used it as much as possible, how else do you get adoption? Getting everyone to have and hold and never use is like... well. Bitconnect.