I think we HAVE to go down some more... but that chart is encouraging a little because the money to be made playing this reliable game means the price want's to be made to go up. We COULD have bottommed as many people say... but usually bitcoin bottoms are more violent than this one has seemed to have been.
If my memory is serving me very well, our move down to $17,593 (a mere 11 days ago) was pretty violent so far.. and we are still more than 10% below the 200-week-moving average (which also feels like a kind of ongoing violence.. but what do I know?).. It kind of reminds me of our early 2015 bottom down to $153 or whatever it was? That felt violent, too... but what do I know?
And Bitcoin does not care.
Oh look! Block 742858 is going to show up any second! Or should I say, any 10 minute?
Hahahaha
I like that. It's a great reminder.
tick tock next block, and when will that next bitcoin block be coming in?
in about 10 minutes
the last block was 2 minutes ago? When do you expect the next block?
in 10 minutes
But the last block was 9.5 minutes ago? When do you expect the next block?
in about 10 minutes, give or take.
But the last block was 35 minutes ago? When do you expect the next block?
in about 10 minutes, I presume.
But, but but but.. the last block was more than 2 hours ago? When do you expect the next block?
more or less in 10 minutes.
hahahaha
10 minutes is always the correct answer.. or some variation of 10 minutes.. like 600 seconds or somewhere between 500 and 700 seconds - give or take
Damn it, Saylor. You greedy guts, grabbing up and hogging a limited resource. Leave some coins for the rest of us, will ya?

I talk so much about Bitcoin, I’ve got to get me some more of them bitcoins.

I am sure if you want to get another 0.05 bitcoins - you should be able to find 'nuff liquid bitcoins for that... in other words, no problema.
[edited out]
An asset that's worth its salt can have "influencers", hodlers, diamond hands, paper hands, supporters, detractors, haters, etc. at any point throughout a thousand years (or in the case of PMs, many thousands). They will come and go, live and die.
Do you think that asset cares what the fk any of them think or do? Holding an asset is neither a flex, a fashion show, nor a popularity contest.
Bitcoin will outlive us all.
(And now I feel like an idiot personifying an inanimate digital network)Even though I agree with your overall points, bitcoin can serve as a flex that goes above and beyond the flex abilities of existing or prior existing in terms of its potentialities to be time-locked, and so long as the network still exists it can be passed through generations.. there surely are risks that are different from passing down physical property//assets.. but surely could be a powerful flex for anyone who figures out ways to attempt to harness such bitcoin powers... that cause his/her hand to reach up from the grave far down the road (even 100s of years) - and even better if anyone is able to keep a secret and also pass such secret down (potentially to have such bitcoin be received by some undeserving snot-nosed brats).