Bitcoin was supposed to free people from fiat money slavery.
How many of us are now slaves to intense greed, expecting easy money, etc?
Most people cannot use BTC for moderate amounts of value since the fees are way too high, but the Bull marches on, and on.
Are you enjoying the crazy Bitcoin price rise? Does it feel "different" compared to the previous big moves?
Me.
I'm now expecting bitcoin price to rise every single day by $50 because that's basically the norm over the past few weeks. I've tried to sell some for cash and i did, but every time I sell the price just seems going up and my portfolio is going down in bitcoin value.
I know it's a bubble, but i'm not sure when it's going to pop. I don't think this isn't the top yet.
Right now i've calmed down a bit and aiming to buy a few grams a gold on vaultoro everyday just in case there is an overnight collapse. Better safe than sorry.
I believe that the real greed comes from gambling because those who are holding their bitcoins right now, should be more then aware then It could either continue to raise or fall once again, It's an unpredictable market, so putting everything you got in BTC and simply hoping that you will become a millionaire isn't much of a good strategy.
I agree. It's not bitcoin's fault that there is a bubble going on. It's the speculators that are playing around with the price here. I've lost more due to gambling with bitcoin than with bitcoin price collapsing - i can tell you that much.