Well yeah... but like, so what?
The market is just gettin' jittery after such a long period of stagnation, people probably got too comfortable and are now being woken up
So what? It was just a simple set of statements. Dont be too obvious of your BUTT-HURT-NESS okay? People are watching. Thanks
No what I mean is why are you pointing out the obvious?
It's like going outside during a rainy day and saying "its raining"
If what you meant to say was that this was just an irrational response due to the accumulation of events see I would get that.
Also, I'm enjoying current events. In more ways than one.
I think it's closer to someone looking outside, noticing it's raining, turning on the TV, and seeing a report: "Acid Rain falls in <your city here>"
Sounds pretty damn scary, if you're not an expert in acid rain.
I appreciate smoothie's attempt to frame, at a high level, what the issue is, and what it is not.
If everyone were rational-minded in their trading decisions, I believe all these events would be minimally impactful to Bitcoin's price in the short term, and favorable in the long term.
But there is a price discovery timeframe before getting to logic.
Coincident with an already-protracted trading range waiting to decide, up or down.
Now coincident with a DDoS.
Like many of us here, I've all-but ignored DDoS attacks for awhile now. But amidst this perfect storm...I'm more fearful it could be the final little push the market needs to make a bearish decision...right when it was otherwise so well-primed for a bullish one.