So, when price pumps short term after still being 70% or whatever since ATH the bulls start insulting the "beartrolls" and laugh at them.
Pretty sure you have done that at every spike during the bearmarket before another drop to a new low eventually. Not sure tho, can't remember well.
Pretty sure you have done that at every spike during the bearmarket before another drop to a new low eventually. Not sure tho, can't remember well.
Actually, I've been laughing at the bear trolls since the price was in double digits, regardless of whether it is temporarily going up or down.
Short term (last 5 days), the price is up. Long term (last 5 years), the price is way up.
Only in the medium term is it down.
What you are saying is that bitcoin price could go to double or single digits and we shouldn't worry because it started trading in the $0.1-$1 range so it would still be a long term uptrend?
If as you seem to think, Bitcoin is a bubble, you should make that plural. There have been lots of Bitcoin "bubbles" and it's still early in the adoption curve.
I tend to agree with Risto that Bitcoin is nearly finished with the Innovator stage and is almost ready to move on to the Early Adopter stage.
As for the use of log charts versus linear, you do realize that s-curves are generally parabolic until they go vertical, don't you? Eventually with saturation, the curve will bend the other way.
If anything, the use of linear charts is misleading to those who can't read a chart.
