Hello fellow Steemians! 😁
Anyone else having an especially shitty day? 😱
Well where to start... I know!
This never helps my mood, but the real itch that is KILLING me is (in my view) the main reason Bitcoin's price is dropping.
Let's get it out there, its the classical "I've missed out, fuck you!" attitude of all these anti-crypto freaks. It is driving me ma, lets take just this morning...
I switch on the news and there is a report about Bitcoin. I think: "Hey! This should be interesting". The news channel had invited their crypto "expert" to talk over Bitcoin and its woes.
All I can say is I was shocked... I cringed... I bit my lip... I couldn't believe the shit that was flying repeatedly out of this "experts mouth".
In 2018 you would think that these experts would have at least read ONE white paper in their lives. Right off the bat we got the generalist spiel that even a 7 year old could spew out...
"Appeared in 2009"
(Right off the bat it dates 2008)
"A Japanese guy named Satoshi Nakamoto made it and no one knows where he is"
(We don't know if it is a he, or even a group of people. We sure can't be sure he was Japanese and sources point to Satoshi being of commonwealth origin)
"its a digital currency"
(I think it is moving into a digital asset more than a currency, but ok...)
"it is based on cryptography"
(Yay! :D ... Sort of)
Then we moved into the whole...
"It is worth nothing"
(Its actually worth close to 10k at the moment 😐)
"It has no real value"
(Technically, nowadays neither does any currency 😓)
"It is a Ponzi scheme"
(Looks like the "expert" needs to read up on Ponzi... 😌)
"It will reach $0 eventually"
(So could Berkshire Hathaway's stock... 😆)
Then it went on and on, a graph came on screen showing a moving average. We then moved on to historical prices. Which is all well and good, but just like in the stock market "Past prices and movements cannot be seen as an indication of the future value".
Let's not even mention the fact that the report seemed like a carbon copy of a crap analysis from CNBC i saw a few weeks back... 🤔
Moving on from the news...**
Oh fuck me its down below 9k...