Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
What a piece of shit is that pumped scam coin of trump, i hate it with all my heart, i hate this dmubshit degen coins and all the people involved in such a fraud, making only money in the air.
For worst when that shit explodes is gonna revival all the idiots who dont know nothing start again to compare that piece of shit with any other crypto including the BTC.
For worst when that shit explodes is gonna revival all the idiots who dont know nothing start again to compare that piece of shit with any other crypto including the BTC.
Relax.
In hindsight, did memecoin busts and scams hinder Bitcoin's marketcap rise? NO
Even if Trump makes a shitload of slowly (or sometimes less slowly) devaluing fiat money, together with some other whales, i don't think it will hurt Bitcoin either. The financial industry starts to grasp what Bitcoin really is, it doesn't matter much to its success when some individuals get hurt through busted scamcoin "investments", Bitcoin will continue on its path. We're human, we're doing hard to learn.
If you're not invested in shitcoins, why care about Trumpcoin? It doesn't matter to you then.
Just let it go, it's a "just-another-Dogecoin-event", close to meaningless, maybe not so much for the MSM, or invested people.
Rather ask yourself: Would you like to sit on fiat or on Bitcoin?
I think differently...this is the "beginning of the end", not the "end of the beginning" for "crypto".
Whether bitcoin survives this ongoing calamity-I see maybe 50:50 chance at the best.
In fact, I think that have have a major civilization change coming, and quickly.
This would depend on how the current situation develops and whether things would cool off a bit or not.
I can imagine many scenarios unfolding and it is difficult to predict the path fully.
BTW, there would be NO bitcoin reserve...this much is clear.
Instead, maybe there would be some vague "crypto" construct.