1) People conducting their individual risk management/business and trading accordingly on the open market
2) People getting mad at 1) when they don't like what they are doing, fantasizing allegations and accusations
?
Well said. Not to mention the amount of energy and time spent on this subforum by people going number 2.
Emotions are swinging faster and farther than the market is. Someone please PM me when they find a market a that only goes up all the time. Will pay a good commission.
Note to self: Isn't it actually quite fun to participate in this market? If not, find something better to do.
Cheers,
Nick
I love how only the bear traders on this forum love to defend panic selling, as if it is the most wonderful thing evar. Sorry bear traders, not enough price crashes going on for you to make your $100 for the week?
I guess it's too much to ask for bitcoin owners to have some sense, huh? Maybe 3-5 years from now, we can have the same +/- 20% swings even when the price is at $50K/btc? Actually I wouldn't doubt we will, as fabricated FUD will work just as well on the market sheep participants then as it does now. Yeah that'd be so wonderful. That way it'd scare away pretty much everyone who tries to seriously use it as a stable currency or a store of value, and the grand experiment would at that point be proven to be a complete failure.