Quote from: wmaurik on Today at 11:19:33 AM

Quote from: Trapezium on July 29, 2022, 07:29:14 AM

I think this is just human nature. Why would anyone think of the aim of bitcoin if they are at a loss? Though bitcoin is a long term asset and should be treated as one.

Human nature that only thinks about profit through Bitcoin will indeed ignore the purpose of Bitcoin so it must also be considered as a very natural thing because they only think about profit and have to take care of every asset so as not to lose value. Which means they just want to make a profit through faster sales without thinking about holding back in the long term.

We want as many private individuals around the world as possible to be holding some coin so the whales from WS can't buy it all up to suffocate its practical use which is of course as a form of currency. In the short term I can imagine how those guys see that as a smart move to protect their assets which are bound up in USD.