Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by LFC_Bitcoin (1)
Question: Is ChartBuddy an A.I?
No.
It's a real peep.
2. Many big players (Saylor et al.) are accumulating BTC like crazy. And it's not just Saylor. There must be other big players that don't want to advertise their actions. Saylor is not only a HoDLer, but has risen to be a major Bitcoin evangelist, a more pragmatic, less scientific, more digestible version of the charismatic Andreas Antonopoulos. The latter is the scientist, the former is the engineer. Both are needed, both are right. Not many people want (or can) take that role, but they can buy BTC, and they do.
I agree with most of what you wrote, but I personally don’t like that individuals accumulate so much BTC despite being distinctly bullish at the moment - because it’s known what Saylor thought about BTC back in 2013, and I can never rule it out the possibility of him changing his mind again - because he is, after all, just a man trying to make as much profit as possible.
What Bitcoin needs is more decentralization, which is just the opposite of people like Saylor or Musk becoming his trademark.
Part of decentralization is anyone can do whatever the fuck they want, including attempting to corner the market.
If you do not like that Saylor is trying to corner the market, or that Musk could attempt to corner the BTC market if he were to want to, then better either get the fuck out now, or make your own efforts at cornering whatever portion of bitcoin that you can manage to corner with your $500 worth of fiat.
Decentralization of ownership of coins is not going to happen. It's against human nature, and is the reason things like comunisim came to be and the reason why they fail.
That's ok though because ownership of coin is not that important in the decentralization story. Preventing control over the protocol is where decentralization matters and as we have seen recently, no matter the price, no matter the bullshit of regimes like the CCP, Bitcoin itself continues on without issue. It has and will always allow anyone, without prejudice, the ability to transact.
Hahahaha
You are correct somac.. I hate to say it...
But anyhow, if this were proof of stake, rather than proof of work, we might need to concern our lil selfies a wee bit more with cornering the BTC market attempts.
Otherwise, who gives any shits about how many coins Saylor, Musk or some BIG custodian like Coinbase or some other one(s) have?
Gotta quote my lil selfie here (I hate when peeps do that.. sometimes u gotta do what's u gotta do):
I’m gonna wake up to sub 30k aren’t I?
This sucks man, really does.
This sucks man, really does.
Get a grip, LFC...
Just gotta say... You have broken the threshold.
Just remember: >>>>BTC = all fun and games, until someone's eye get's poked out.<<<<