14 sats \ 2 replies \ @SpaceHodler 23 Aug \ on: How many people are currently getting orange pilled 🍊💊? bitcoin
People will become more interested when it peaks next year. And they will buy at the peak and sell when it dips, and be angry.
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0 sats \ 1 reply \ @tomlaies OP 23 Aug
Do we need continuous all time highs in the exchange rate to attract more people? To me that sounds so pessimistic...
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0 sats \ 0 replies \ @connect0hm 25 Aug freebie
Bitcoin's volatility is a feature and not a bug. It is like the flame that attracts the moths and then they get burned. However, it doesn't end there. A small percentage of the moths that get burned resurrect and then they realise that Bitcoin price is not important at all. And then they take advantage of the bear market. If not for the cycles, newcomers wouldn't have a chance to stack sats.
Adoption is not going to be linear. It will be contorted with lots of ups and downs.