If someone would have told me four years ago that in 2022 I will be paying with crypto on a daily basis, that I would manage to make a living out of crypto and that the market sentiment on BTC at close to $32,000 would be extreme fear I'd tell that guy: no way.
It all starts small, it all starts perspective poor and no one can predict the reverberance any project or action can really have in a few years down the road. Over 35% of online payments are crypto and digital and I'm one of these 35%. I wish we would be 100% involved in crypto and out of fiat, but it is a time's game so patience is needed.
El Salvador made its biggest ever Bitcoin purchase last night of 500 BTC. A tiny 6.5 million inhabitants Central American country with a GDP of 24.64 billion USD in 2020(1000X lower than the one of America) is now holding over a thousand bitcoins and is in the pursuit of building the Bitcoin city.
We didn't had that in 2018... Yes, we had a pretty similar correction for BTC, price wise, probably even steeper, but the level of adoption back then was not even close. Michael Saylor has also announced lately that MicroStrategy can afford to sustain its Bitcoin loan until BTC can fall to as low as $3,600. This man is not going to sell and many other whales are doing the same.
Why would you hold to an asset that has devalued over 50% in just a few months? Because it's the future. The Good Wife movie is a 2009 movie where BTC is for the first time referenced and it's not portrayed as some ponzi, criminal money or something like that. It's the future...
So, you don't believe movie lines predicted Bitcoin ever since it was created by Satoshi Nakamoto? Well, probably this one coming from Qualcomm's CEO will have better impact: Metaverse hardware could be as big as smartphones. Nope?!
What about this one? NFTs are coming to Instagram. Meta's platform will support widely used crypto wallets, such as
MetaMask. Even damn Facebook is bullish on bitcoin and developing on the technology and we're freaking out about BTC going to $20,000 and HIVE to $0.3. So what? They're both the future.
Imagine that what Facebook is working on, Hive already is and even better. Bottom line, I'm not buying the dip, but neither selling it. As stated in a post yesterday, I'm on "camel mode" and despite the bloodbath in the market and the recession that's about to hit us, I see blue skies when I look up. Bitcoin is not about Lambos and champagne. It's about anarchism and freedom.
The IMF is freaking out about El Salvador and Panama making bitcoin legal tender cuz they losin' control. That's the gist of BTC, though, untightening the grip until finally unleashing us from debt slavery and paper money.
That's what many fuckers in the market haven't grasped by now and panic selling and buying into this coin for years now... That's about it for now, hope you have a great day and see you to the next one.
Thanks for attention,
Adrian
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The 50% loss is how we talk about it, but honestly touching a price isn't holding a price, so really it just makes it sound dramatic.
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True.
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Exactly, just ignore the noise and keep earning and building. Imagine four years from now... you wouldn't believe it either perhaps. It's inevitable... no matter how long it takes!
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Hive is really the most comforting at this point.
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Camel mode best describes what I'm doing right now...
It's interesting that hive ecosystem is something that the big league for the last decade are trying to become.
It doesn't matter to me what Facebook would be ushering itself into a new epoch with Meta.
Hive already exist...
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Well said.
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I have to admit if the bitcoin city looks anything like that mockup that's going to be pretty freakin awesome!
Indeed. I might want to move there...
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If i had the,funds, I would definitely buy the dip right now. Maybe not necessarily BTC but BCH
BTC all the way
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Its this development I am here for. I am rooting for the developers and seeing how bitcoin is beginning to grow its footprint in people's lives daily. The future is still bullish despite what today may look like
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We could have gray days for months ahead, but that doesn't it's worth leaving the space.
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Change is real
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I really find it difficult at this time to be so Bullish on any coin to go beyond its previous high but I can say that the bear isn't a death sentence. I expect the next Bullish season to be after the next halving. Although, the market will have ups and downs during the bear, but we are in a bear market
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I'm fundamentally bullish not price wise
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Great... Fundamental is key at this point
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