Replying to Avatar Fiat Shenanigans 🤡🌎

I'm sure they'll stop selling at 20k. They're trying to sell without moving the market too much. Not dumping it all in a day or a week. This will go on for a few weeks. Maybe for a few months if they're really patient. These guys trading Bitcoin for dollars while plebs buy more is going to be good for Bitcoin in the long run. It's going to suck for miners who have fiat bills to pay for a while.
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_ 2y ago

Sounds like some patient people. More sats at better prices since fiat keeps being worse

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Fiat Shenanigans 🤡🌎 2y ago

They see it as just another asset class. Not true believers. Short sighted. Same reason why I sold a whole shitload of Bitcoin at $240 and didn't get back in for a few years. I didn't really appreciate what it was back then. I just thought a 1400% profit was bangin!

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_ 2y ago

For a while it has been an asset class ! Was that around 2015?? That’s about when my mates in college first mentioned BTC they wouldn’t really explain it properly and I didn’t then do research 🔬

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Fiat Shenanigans 🤡🌎 2y ago

I bought some when it was $17 and then I sold it all at $242 because I had bills I couldn't afford to pay. After I sold it all, it hit $1000 and I was pissed, but then it dropped to $100 and I just stopped paying attention to it for a few years. Had other things in life to focus on.