Why? The crashes that make people scream "Bitcoin is dead" are the best crashes. More people screams "Bitcoin is dead", the bigger is the buying opportunity.
I hope the US follows China and "ban" bitcoin soon. I'm one of those who thinks that its pretty much unavoidable at some point, and in fact I'm surprised that it hasn't happened yet.
This game is played in the long run. Anxious to be a multi-millionaire? Then probably you will sell too soon. Ask yourself if you are into this only for the fiat profits - if the answer is yes probably you are into a game that is too risky. If the answer is no, the ban on Bitcoin is just a step needed for it to demonstrate that it is really the resilient, de-centralized currency that will change the world.
If you have been in the game for a few months, I hope you already secured some profits by selling a few coins at a rationally-decided target. If you just entered the game, just hold - we will see where we are in a couple of years.
Grabbing popcorn. Sending fiat to exchanges. Enjoy, gents.
Well, I wouldn't like US to ban Bitcoin tbh.
I'm too old to think about changing the world tbh, that's like 15 years ago, I'm here about making the money and that would be shit.
I'm "too old" for many things, but not for wishing the world to change: I have kids, and I'd prefer them to live in a better world.
A lot of people seem to forget that BTC was designed by Satoshi Nakomato to disrupt factual powers and to challenge the people that actually rule the world - the bankers.
He knew that the probability of BTC being banned/attacked was HUGE, and that's why he took so many precautions to remain anonymous. A lot of wanna-be traders seem to forget that and just get excited with their unrealized fiat profits while they day-dream about the Ferrari they will buy next year. Probably Satoshi is laughing at that, while is without any doubt a good thing for BTC viral adoption - there's no better fuel than greed to move human beings.
Of course if BTC finally succeeds there is also a substantial economic reward by being an "early adopter". But this is a dangerous game. If you are not prepared to see BTC banned, BTC holders prosecuted, and/or BTC eventually going to 0 then you don't really understand what BTC is and you probably made a huge mistake investing your time and money in it.
+1 - really nice statement/point of view I can agree absolutly with you.