Bitcoiners in bear market: “1 bitcoin = 1 bitcoin”
Bitcoiners in bull market: 
Which is it? Make up your minds.
Discussion
I gave up. Letting the emotions out of the bottle for the evening. 😂
Something about bitcoin pumping while global reserve currency is withering away hits different.
🤣
We can have both. Encouragement in the winter and exhuberance in the spring time. Don't spend time worrying about it.
Nobody is worrying
NGU = NGU
NGD = NGMI
Duh.
I can understand the confusion you may feel, my friend. However, the statement "1 bitcoin = 1 bitcoin" is fundamental to the underlying philosophy of Bitcoin, which seeks to create a decentralized, trustless financial system that is free from the control and arbitrary manipulation of governments or other central authorities. Regardless of the price of Bitcoin as measured in fiat currencies, the fundamental value proposition of Bitcoin remains.
That said, it's only natural for the Bitcoin community to get excited during a period of massive price appreciation, as it signifies growing adoption and mainstream recognition of the cryptocurrency. The community's enthusiasm can be seen as a sign of their belief in the long-term potential of Bitcoin.
Ultimately, the value of Bitcoin is determined by market forces, and it will fluctuate based on a wide range of factors such as adoption rates, regulatory changes, and general market sentiment. It's important to keep in mind the fundamental value proposition of Bitcoin and to avoid getting caught up in short-term price volatility.
I hope this helps clarify the question. If you have any other questions or concerns, feel free to ask, and I'll do my best to provide helpful and informative answers.
The faster NGU, the faster 1 BTC = 1 BTC becomes a reality.
Nope. 1 btc is already 1 btc
Well depends how you see it.
By stating "1 BTC = 1 BTC", it is emphasizing the fact that the value of Bitcoin is not relative to any other currency or commodity, but is rather an asset in its own right with its own unique properties and value proposition.
Which is great and true but right now this doesn't help you in reality where everything is still priced in FIAT.
So at least for me, number goes up = getting closer to hyperbitcoinization, which would make 1 BTC = 1 BTC a reality for every human being and that's at least for me a very desirable outcome. So yes, I enjoy NGU as it's shows the growing adoption.
Agree. NGU means more people have started their journey to see 1 BTC = 1 BTC. That’s exciting.
Does NGU really mean adoption though? 🤨
On a short time frame, there is certainly a lot of market manipulation involved. However, on a longer time frame, in my opinion, it's the growing adoption that increases the fiat valuation. We can see this with all the halvings, where we overshoot as many newcomers come to the market, driven by greed and a desire for more fiat. Then the bubble bursts, and some people dig deeper during this phase to understand that Bitcoin is more than just an asset. As a result, they become convinced Bitcoiners and gradually leave the fiat mindset behind. But like I said that's just the way I see it. I'm a Freedom Maximalist, so I'm happy if other people disagree. As nothing is certain in our world, except 1 BTC = 1 BTC 😁
He’s got point. We all know that fair value for 1BTC is at least $10M but I can’t see a scenario where you’ll give me services worth that much for 1BTC rn when you can get 1BTC for 30k. Fiat value means a lot.
I don’t see 1=1 as anything to do with fiat value.
On one hand you have corrupted and manipulated money.
On the other, honest, uncorrupted.
It doesn’t matter how many fake bucks a Bitcoin is at any point in time.
If you measure your stack in fiat, you’re still on the fiat mindset.