Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16095. (Read 26607825 times)

Pessimistic? We would be still definitely in a bull trend if it bottoms at 4K, and full of energy for a new pump.

This thread now looks like an echo chamber of a fanatic cult of hodlers.

4k? That's pretty pessimistic. I think I'll give up watching the price for a while until this blows over.

maybe 4K could hold. Maybe.

I'm still hoping someday there will be a distribution from the bankruptcy estate. Might even get some Bitcoin Cash out of it!

You're probably wasting your breath. It doesn't matter how often you tell trading addicts to keep their coins safely away from exchanges.

That's one of the basic differences between Bitcoiners and traders. The very first paragraph of Satoshi's white paper points to trustlessness as the raison d'etre for Bitcoin. Traders are more than willing to trust exchanges and online wallet services.

Wasn't MtGox enough of a lesson of what can happen when you give up your private keys?

Unfortunately I don't think we will ever see a distribution and if there was, I don't think it will be in BTC. It will be in cash.

All this talk about people & Bitcoin...

Over the years I have dealt with so many people asking about Bitcoin. It's uncanny how exactly alike all their thought processes are:

2013: wtf is this shit, it's a bubble, nerd money, governments will destroy it, it doesn't have any value because it's not regulated/controlled. It's too late to buy now anyway.
2014: told you it was crap nobody cares
2015: *crickets*
2016: I wish I bought Bitcoin a year ago. You are so lucky!! Now it's too late for me.
2017: I wish I bought Bitcoin a year ago. You are so lucky. Now it's too expensive for me. I realize I can buy just a fraction but my ego doesn't allow me to be content with just a fraction of an arbitrary numerical division of the thing. But have you heard about Ethereum? Or Shitcoin xyz? Someone said it's the next Bitcoin and it has been going up and I can actually afford to buy one! *proceeds to not buy anything*
2018: I wish I bought Bitcoin a year ago...

I don't care. I don't preach. All I do is explain the technology and its implications for society to those who show genuine interest. Why should I wish unjust rewards on those who clearly don't deserve them? Bitcoin is a revolutionary technology with a promise of changing society to the better. Because it is a monetary technology, those of us with enough vision to see the potential, risk our own money and enough nerve to hold through the FUD, haters, bear markets, hacks and laughter get rewarded. Simple as that. The guy who laughed it off in 2014 and felt he "missed the boat" in 2017 will end up buying some in 2023 together with his gradma.

I'm still hoping someday there will be a distribution from the bankruptcy estate. Might even get some Bitcoin Cash out of it!