Isn't it exciting...

[Minor Miner]

As much as most of us were disappointed that the strong hype about the spot ETF didn't deliver just when it was approved, I think the disappointment will be yours in a year's time. Bitcoin's bullishness doesn't depend on any traditional centralized platform's adoption. It had already surpassed targets and imaginations in the past without the rich people and institutions from Wall Street joining the game. It will once again go high with them as part of the community.

I see a contradiction in your statement. If you already believe that bitcoin's bullishness doesn't depend on any traditional centralized platform's adoption, then why are we disappointed that bitcoin did not increase in price when the ETF was approved?

On the other hand, I don't understand why people are disappointed when bitcoin falls because falling prices are beneficial for our accumulation of bitcoin. Most of us are long term holders and we will only sell when bitcoin hits a new ATH, so why are we disappointed when bitcoin corrects? We should be happy that the "buy rumors, sell news" effect has taken place.

[EluguHcman]

Be pacific and hold onto the mandatory emotions (Patient) required if you must be prosperous in this Bitcoin journey.
And do not undermine the volatility possessions of Bitcoin because reverse could be an unjust of excitement at last. Lol.

[Sim_card]

The approval of bitcoin ETF didn't change anything in bitcoin nature, and that is what bitcoin has proved to us that no matter whatever news or event that happens the volatile nature is still what makes the price unpredictable. Who would believe that after the approval of ET, there will be a correction back to 42k+. We should just relax and watch the next price movement to see if it will go up or dip again because there is nothing one can do about it. From the history of bitcoin price movement, we know that after the halving, there will be a pump in price a d that is where I am more focused on, since majority of investors thought that the approval of ETF will skyrocket the price of bitcoin which ended up being a disappointment to them. I believe that December pump was just too fast that the price calls for a correction in price.

[Wind_FURY]

Assume you're being sarcastic,

He obviously is. Hahaha. OP is known for supporting BCash SV, a fork of a forked shitcoin, as the one and "real Bitcoin", and that Craig Wright is the one and true "Satoshi".

 

Plus he also made this topic mocking Bitcoiners, https://bitcointalk.org/index.php?topic=5420388.0

The date of creation was the absolute bottom.

Is Bitcoin at the absolute bottom of the current level? Be bullish OP, I want a DIP!

[Fundamentals Of]

As much as most of us were disappointed that the strong hype about the spot ETF didn't deliver just when it was approved, I think the disappointment will be yours in a year's time. Bitcoin's bullishness doesn't depend on any traditional centralized platform's adoption. It had already surpassed targets and imaginations in the past without the rich people and institutions from Wall Street joining the game. It will once again go high with them as part of the community.

I see a contradiction in your statement. If you already believe that bitcoin's bullishness doesn't depend on any traditional centralized platform's adoption, then why are we disappointed that bitcoin did not increase in price when the ETF was approved?

There's no contradiction in there. The truth of the matter is that a lot of people were expecting that the price would rise when the official announcement from the SEC is released. That's a bullish news after all. But that didn't happen. Obviously, a lot of investors have already accumulated earlier and when the positive news was released, they began selling. But then this shouldn't worry us too much because this doesn't mean the price won't anymore rise. It will eventually rise. It will happen regardless of whether the news was positive or not.

On the other hand, I don't understand why people are disappointed when bitcoin falls because falling prices are beneficial for our accumulation of bitcoin. Most of us are long term holders and we will only sell when bitcoin hits a new ATH, so why are we disappointed when bitcoin corrects? We should be happy that the "buy rumors, sell news" effect has taken place.

Let us not be fake. We all want to buy Bitcoin at a cheaper price. But we also don't want Bitcoin to remain low.

[sgbett]

Thanks for all the great responses. Lot of new faces to me! Good to see Windy still huffin' anna puffin' ;p

For sure there was a little tongue in cheek in my OP, but there was also a grain of truth in there for those that care to take a step back for a second and look.

For anyone mad at me, or worried about my financial situation as a result of my decision to get out of BTC, please don't be, I did alright, I'm doing alright

I don't mean anyone any ill will, I do tend to think differently to a lot of folk round here but to think I just popped up out of nowhere with a hot take is a bit naive. As one astute observer noted I've been here since 2011, I've seen a few pixels in my time

Anyone remember the mtgox art thread? Chinese sauces? 6 confirms? heheh. Good times.

I can respect all your individual choices and I hope everyone does well - sure there is probably money to be made by some trading BTC but that was never really my thing. I came for the p2p cash, and from my perspective, we are now in the approach phase everything looking good!