GM PV Nostriches.
If there is any. What makes you bearish about Bitcoin?
As for me, it's the data from bitinfocharts.com showing that more than 80% of bitcoin is owned by less than 1% address
I hope the distribution can be better in the future
#plebchain
My only bearish concerns are if you have a short time horizon then maybe legislational risk. If you have a long term time horizon then nothing to see here
Yup. Short time bearish for sure
Bear will go extinct in longer time frame for sure
Hence I kinda wish for the redistribution of bitcoin to happen faster. But seems like the OGs are really strong hodlers and may only part with their coin once hyperbitcoinization happen
Feeling bearish on bitcoin is being logically incompetent.
