Because - bitcoin is a TRADABLE store of value. Because - Bitcoin is becoming a greedy old bustard.
Because bitcoin has established a 4.year cycle.
If bitcoin would sky-rocket in some nearest news or announcements or anything that drives market. That would make him/her - Somehow private, bitcoin can be turned - in a simple tool to collect taxes without any further interest - interest from new or even global adoption
Would that loose his uniqueness? Will greed take over bitcoin and whole ecosystem? Will she even succeed as whole new economic system - being a “standalone/born naked/put together by a group of entusiasts”, financial instrument/global payment system/data base.
But this association with gold! - it gives him the same fucking meaning what has been given to gold.
If you remember and haven’t forgot the history (also YOUR history) how it all came - to this exact moment where it is (and where you are)!
Bitcoin has came a long way, she has filled the gap before - in my opinion that is because bitcoin gained interest from inexperienced traders and following the learning script - there is this book about technical market analysis, where John J. Murphy was talking about the need to fill that gap.
But because bitcoin has already established his community and it’s hard for him to make new interest from people who are not familiar to cryptocurrencies. And the people, trolls, traders, developers and so - have moved ahead and it could be, that they have forgot about this gap.
This is bitcoins most important cycle and exam - exam about his whole community, exam about will she approve this 4.year cycle - what would make a huge amount of trust.
BUT !!! There is this risk with filling the gap - because of limited amount - this has to be played smart.
Because bitcoin has established a 4.year cycle.
If bitcoin would sky-rocket in some nearest news or announcements or anything that drives market. That would make him/her - Somehow private, bitcoin can be turned - in a simple tool to collect taxes without any further interest - interest from new or even global adoption
Would that loose his uniqueness? Will greed take over bitcoin and whole ecosystem? Will she even succeed as whole new economic system - being a “standalone/born naked/put together by a group of entusiasts”, financial instrument/global payment system/data base.
But this association with gold! - it gives him the same fucking meaning what has been given to gold.
If you remember and haven’t forgot the history (also YOUR history) how it all came - to this exact moment where it is (and where you are)!
Bitcoin has came a long way, she has filled the gap before - in my opinion that is because bitcoin gained interest from inexperienced traders and following the learning script - there is this book about technical market analysis, where John J. Murphy was talking about the need to fill that gap.
But because bitcoin has already established his community and it’s hard for him to make new interest from people who are not familiar to cryptocurrencies. And the people, trolls, traders, developers and so - have moved ahead and it could be, that they have forgot about this gap.
This is bitcoins most important cycle and exam - exam about his whole community, exam about will she approve this 4.year cycle - what would make a huge amount of trust.
BUT !!! There is this risk with filling the gap - because of limited amount - this has to be played smart.
