There’s a reason experienced bulls are so confident right now.
Smashing through the 200 day MA this deep into a bear market has only ever resulted in one thing. We’ve seen this all before and the bears are in denial.
There’s a lot of casual Bitcoiners that just see it as another asset to own and are buying because the price is low.
These people are going to end up with far more coins than those that went deep down the rabbit hole to the point of following Kratter and Mechanic off a cliff.
There’s a lesson in that. Obsession can often lead to very poor decisions.
Bitcoin isn’t dead because of how Big Bitcoin® decides to use it.
Bitcoin isn’t dead because of how spammers decide to use it.
If you’re worrying about either of these things, then you were never really bullish on Bitcoin to begin with.
I think I just had my personal favorite Bitcoin mogging moment of all time in front of a shitcoiner 😂
I was at this big tech networking event at a local bar where I ended up randomly talking to this quantum researcher. It turns out he’s doing quantum development for a shitcoin (LOL).
“Are you looking to also make Bitcoin quantum resistant?” I asked.
“Our goal is to make Bitcoin obsolete. It’s slow and doesn’t do much anyway, so that isn’t our focus.”
I just nodded along 😂
But here’s the best part. The bar we’re at accepted Bitcoin and after we were done talking I paid with it in front of him. Instant ⚡️
“Cash or Card?”
“Bitcoin.”
Dude looked flabbergasted 💀
Those that think Big Bitcoin® wants to turn BTC into a complex database seem to forget that just 2 years ago, Saylor also stood against the covenants softfork (which many supported).
Big Bitcoin® doesn’t discriminate. They are the most conservative when it comes to changing BTC.
Made the mistake of watching @mattkratter’s YouTube video today and his comment section is just full of shitcoiners excited to mine their new altcoin now.
There are actually people right now that think the real Bitcoin that’s had SHA256 for over 17 years is the “fake Bitcoin” while the one that just voted in a discord server to change it to “BLAKE2b” is the real one 😐
Bitcoin rewards those that are smart enough to question how money works, but it punishes those that think *everything* is a conspiracy.
These types of conspiracy wackos almost always end up becoming shitcoiners (BCH, BSV, Knots) and losing everything.