How do you think BTC got to 42k? by listening to all the FUD from these tards?
When was the last time, when the leader of world biggest economie openly talk about taxation of not realized gains? Never!
But in the long run I agree, the price will rise.
But as you are since 2014 here on the board, you know what FUDdy brain farts do, when we are currently moving downward. I am pretty sure it will go up again. But in the end of 2017 all I read here was. Buy the dip ... bla bla bla ... don't hear about the FUD. And basically nothing happend since 2017. No actions, no crypto ban, no, no or not many hurting regulations, only brain farts 2 or 4 times that china or what ever bans crypto bla bla ...
this cause a decline from 20k to 3k (and the fact, that you could bet on declining prices).
So yes, the price is also driven by the future market by these fucking long and short liquidations. (all the leverage shit fuck up). And by more FUD came together and the next 10% / 20% decline you will always have panic sellers and more long liqudations which decline the price further down. (on the upwards trend the short liquidations drive the price.)
I am bullish in the long run. Bought and mined my first BTC's in 2011. (and sold them in the same year and 2012 and so on ... so no whale here).
But brain farts hurt the price, if there is enough, as we seen in the past. What do you think, why we hit today 31k (and no bottom yet)? It's also about this brain farts. And maybe be go to 50k in Feb. (the hopes are on grayscale, but what if they buy nothing?), that we have to wait 3 or 5 years again. And maybe you have enough time on your end. But mine is not endless. 3 or 5 year more working means 3 or 5 year later into the pension on my island with my boat and helicopter
Only because you say, that only action matters, doesn't mean, that all other market participant see it this way. As we saw in the past multiple times. FUD can hurts. And yes this is complaining on a very high level.
If the right person has brain farts, that it hurts the market. And maybe institutional players are scared with this shit.
All things can happen. (would be nice, if I can bought me finally a house until the end of the year - the stupid prices are a joke here >500k for a normal house. nothing fancy. nothing big. 700m² ground and 200m² house ... what a joke!)
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