Ah lol And youāre just a small fish in a large sea⦠Itās always baffling to see whales. I wonder why so many seem to be so much against inflationā¦
Thatās dangerous though⦠Now that Iāve tried day trading to understand it, I also understand why so many people participate in this financial capitalist economy. Itās the worst drug.
/edit
I wonder what influence it has on my judgement about safeā¦
It is pretty satisfying knowing that your crypto savings are getting good a boost when the local fiat slumps. It is a good hedge at times, as well as a wild ride
⦠always interesting to see new ideas, when I get off my ass enough to build my own graphs from the data out there. Price target of $0.15 is quite likely given the run up to Beta and now with a decent PR partner at the helm of getting the word out.
Nothing big in the update this week so lets see if your right and MAID breaks down from this 13500 support we have had for 3 weeks. I donāt think we will see much panic selling since most weak hands have sold out already, but maybe if BTC approaches $700?
It looks like home vaults are a priority and probably why we are still waiting for alpha 2. Itās a shame they couldnāt get this done before BTTF funding ended, but it really should have been done before the funding even started. The pitch was premature in itās timing and would have looked a lot better if people were hosting vaults from home already. Guarantee it would have reached 100% and those who sold MAID to buy equity would have been able to buy more.
I wont complain about the low price because Iām still happy to buy them cheap.
For some traders the $$$ of bitcoin is not necessarily of primary concern. Because they only ācash outā much later on and are using maybe bitcoin they originally bought at 300 or 400 dollars.
So for them they back the ALT/Bit coins to rise in value by the time they want to do some cashing out. This might be in a year or two while they build up quantity. So its quantity of the coin they are looking at not $$$ value. They are trading against bitcoin as the base not USD$$$
Its when they want to ācash outā that the price of bitcoin will matter
EDIT: another situation is that traders are now wanting BTC to catch the wave as it rises due to the speculation that the halving a few months ago is going to cause bitcoin to break $1000 about 4-5 months after halving