I just want to see what the perma bulls keep seeing as strength in the bitcoin chart...
That's the point. We don't see strengths in bitcoin charts.
We are perma bulls because we are paying attention to the news. The infrastructure. The startups. The mass quantities of smart people building businesses, services, and "innovating at the edges". There is absolutely no sign of slowing down in this regard, and charts mean a pile of shit compared to the aforementioned elements. Unless you're talking about short term permabulls, permabulls are the only smart people on this entire discussion forum. Because their faith is in whats actually *happening* out there.
When I begin to see all of that slow down, or stop, that's when I turn from a bull to a bear, and get the heck out of Dodge.
i
-B-
Agree, I never give the charts much of a thought. For me, Bitcoin is just an idea far too good to fail, especially with the enormous potential of the blockchain 2.0 technology. And many extremely smart people are involved, almost every week I read about a new startup or idea that just blows my mind. The potential is just enormous. Sometimes I consider to hedge a little by buying gold or silver, but then I read about some new cool application of the blockchain 2.0 technology and decide against it. The only reason Bitcoin is so cheap now is that a very small part of the population have rudimentary knowledge of Bitcoin, and of those, only a very small part have the faintest idea what Blockchain 2.0 is, that store of value and currency is a very small part of what the Blockchain is capable of. I can't tell you what the price is tomorrow or in one year, but in 10 years it will NOT be cheap.
