Absorption always has been and likely will be stronger than sell pressure in the long run. It seems absorption is being set up to be even greater, following a typical trend, but I’d rather celebrate the actual purchase than the potential purchase: it’s proof of work for a reason; proof of potential work would be a completely different story. Down years are luckier than up years, if you have experienced any. I’ll jinx it just to separate the weak from durable: bitcoin has never had consecutive negative years. Sentiment is only wack for those who forgot 1 btc = 1 btc. When I smell weak handed despair in the air it makes my tummy tickle. Bitcoin priced in fiat is always a discount: I call it productivity fuel. image
I don’t think any specific sequence of events needs to unfold for Bitcoin to succeed. Its creation was the success, and it’s been succeeding ever since. What people call catalysts don’t decide if Bitcoin wins…only how fast bitcoinization accelerates. Bitcoin doesn’t belong to a political party. It belongs to those who hold it, and better money is something everyone can benefit from. I’ve accepted my fate as a permanent accumulator of sats. It’s no bad fate at all. image
Hold me closer, cheap satoshis, Count the fractions on the timechain, Freedom’s built in quiet purchases, You’ve had a bullish day today. image