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Replying to Avatar GRANTGILLIAM

Bitcoin knowledge distributes over time, but not that quickly. It certainly does not distribute as quickly as the price moves. Very little of the price appreciation is driven by a material increase in the understanding of bitcoin more broadly. When we begin to see an actual step change in broader appreciation of what bitcoin is, that’s when we’ll start to see multiple God candles (collectively, the Big One). Before then, there will be lots of speculative driven bulls which may seem like the Big One, but the Big One will come later, and it will be prolific. Until then, we continue to educate, build, contribute, invest, provide Proof of Work to bitcoin in our own unique ways, and stay humble and stack sats.

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Murray von Nakamoto 2y ago

Imagine trying to TiMe thE mArKeT. These people will, e.g., wake up one morning to an overnight 100k upward candle that they missed while sleeping. This is how fiat bagholders will be created.

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