When BTC is not looking so good… there is but one thing to do, HODL
Understanding Bitcoin is key… key to making the decision, take massive action for yourself and the future of your kids. Good values increase, stress and anxiety decrease. The natural cycle of decreasing time preference! All the best guys!
HAHAH… good one dude!
*Updated 2021
Bitcoin Monetary Policy
Easily displays the value of BTC increasing and Fiat going to down and eventually to zero
Basically, what we’re saying here is that a math problem cannot be altered to add more bitcoins (introduce fraud/etc).
Monetary policy: A distributed network keeps track of the transactions made through the use of hash sums which cannot be corrected (within the nature of block chain). The Federal Reserve cannot create bitcoin.
Proof of work: Miners work hard to locate bit coins through the use of a brute force algorithms. Mathematics prevents any fraudulent activity of such work as any fake values will not work mathematically.
“Vibing with the FED and Bitcoin. Embrace it.” - A funny video often shared as an “explainer” of bitcoin.
What I love about this video is what to says about the attitude of our community. There is an exuberance in the bitcoin world and a spirit of fun. Despite the importance of bitcoin and the monetary revolution it represents, the community manages to keep things lighthearted and supports each other by producing content like this video that serves to uplift spirits when things seem most dire. It gives us a shared culture and an identity to rally behind, if we so choose. And I bet it both perplexes and enrages the dinosaurs that stand in our way.
When somebody is telling me BTC and PoW is wasting of energy and dont understand anything. If the person doesnt under stand that it need PoW to make the network as safe as it is and that its nearly not possible through PoW to hack it or to centralize it.
All cryptos be like a roller coaster for me…
Buy high and sell on the wrong time just for cut loss until I learn how to understand all graph and be like sitting at front of the screen all time just for check the trend
A lot of people still don’t understand what is and what Bitcoin could do.
On top of that “financial expert” state wrong things constantly. We know so we go ahead!
https://i1.wp.com/www.guerillastocktrading.com/wp-content/uploads/2017/07/bitcoin-meme.jpg?ssl=1
Monetary properties and monetary policies are both represented on this Bitcoin meme as it is challenging the $ (USD) and the US Government monetary policies represented by Janet Yellen (US Secretary of the treasury) and coming from the back without permission not being invited to the economic party but taking over the financial system and the World.
It is effective (and funny) because it is true and a great representation of the inception, present and future of Bitcoin.
Some dont understand where this is all heading, but will gladly accept the largess from our endeavors.
As a long term store of value, bitcoin is far more attractive than most other existing mediums of exchange. Although price may fluctuate, this is mostly due to speculation and price discovery. In the grand scheme of things, the price will likely follow an upward trend.
“The only population of the kind that the world has ever seen gathered together”, Twain reflected, it was “not likely that the world will ever see its like again”.