Volatility comes from speculation. Downtrends come from weak hands that do not understand Bitcoin (yet). I think rarely from plebs that need to buy essentials.
Less and less bitcoin on the exchanges. Less and less every month that are selling at all at these prices. Currently most of the bitcoin that are being acquired are bought from diamond hands like Strategy, states, etc. imho.
Totally agree. I guess living in the future is sometimes a real pain in the ass. Especially seeing so many people getting left behind.😅
Just today I had a discussion with some colleagues and I realized how big the knowledge gap is. And they are educated people who are interested in Bitcoin. Still, it takes some serious studying and also pre-knowledge to „get it“.
I think the majority of the people will never understand Bitcoin. Still at one point, everyone will use Bitcoin. Just because most people follow the masses.
I see the same behavior with my colleagues. Yes they will use it without having the slightest clue about it…
