Sure, some folks want government non-involvement, yet banning takes such non-involvement to another level.

Sooner or later, governments are going to have to grapple with bitcoin... and i am not even saying that these are going to be easy questions, since even smart people still have difficulties differentiating bitcoin from shitcoins.


Yep.. maths and sciences, and also including human behaviors, which we have difficulties to figure out which way when we try to apply probability theory to our attempts at technical and fundamental analysis of its market and price dynamics.

We can try to  frame some of the ideas of exponential s-curve adoption that is based on 1) stock to flow, 2) 4-year cycle and 3) network effects and Metcalfe law principles, yet we still might not be capturing sound parameters in our attempts to project future price performance based on 1) past performance, 2) current happenings and 3) future expectations. 

Sure, $80k is not really that far away from our current prices, and at another point, we had Ambatman proclaiming never again $78k, yet he has been less vocal on that proclamation in recent times, yet it seems that we remain in a bull market until such time that we might fall out of such bull market, and I doubt that traditional market definitions apply very well in those kinds of determinations about bitcoin, and the definitions of bull market versus bear market are not precise, yet it seems that if we are in a bull market, then we should be considering that the odds for UP are greater than the odds for down, yet even if the odds for up are greater than the odds for down, that mere statistical (perhaps mathematical) truth does not guarantee that we will be going up.

The trend is still our friend, but yeah, it can be difficult to really predict or count on such identified trend, which remains part of the rationale that each of us should  be attempting to  prepare ourselves financially and psychologically for either price  direction.. and surely, preparing for short-term volatility seems like an "inevitable given" (if  there could be such a concept?). 

Some of us might consider that bitcoin prices could become more stable (and sure in some senses  they have), and various battles regarding acceptance and adoption have already been won, and for sure, we have come a long way baby  in terms of quite a few of the various ongoing bitcoin developments that we might not have had been able to imagine to have had been possible within such a relatively short timeline with our lil-precious   only being a wee bit older than 16 years, but having so much seeming endorsement by mainstream financial and/or governmental entities....  which may or may not be for bitcoin's good, yet it is what it is in terms of whether bitcoin is being pumped or co-opted..  Surely, the battles are not ending any time soon.