56 sats \ 2 replies \ @TomK OP 29 Aug \ parent \ on: Bitcoin: Boring Times Will End econ
my point was to show how quickly people react when they become aware of inflation. obviously the first round of inflation wasn't enough. in the second, bitcoin will most likely react differently too, no matter what the ETFs do
Fair enough. I think a quote from Jameson Lopp is probably applicable here as well:
"Unless you're a professional trader, you're likely wasting your time looking at the BTC price chart, trying to understand it.
In 2013 everyone thought bitcoin was mooning due to the Cyprus crisis. Years later we learned it was Wences orange pilling his Silicon Valley buddies."