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I don't dictate what the market does. If more people really went out to spend Bitcoin on goods and services, the education around it would be such that we wouldn't have bear markets.
But people don't want that, they want bulls and bears.
In the meantime I am perfectly content buying the sats of others while Bitcoin is "down bad" and distressed. Bitcoin isn't designed to "go up" it is designed to process transactions based on proof-of-work transparency, blockspace demand and limited supply.
it's quite literally designed to go up nominally in fiat terms. If it doesn't do that, it's not performing its role as savings technology/moving value freely across time
been a while since I've seen Mr. Fabs in my comments
That's not why I got into Bitcoin. I got into Bitcoin because it is an energy management/distribution network across the internet.
I had zero idea what the price was or had been when I first started buying it and I honestly don't really care now.
Every financial asset in history has had bull and bear markets... Amazon Nvidia Google all of them went down and people sold. I watched people trade, mistakenly, huge sums of Amazon and Nvidia in the mid-2000s which was a mistake and everyone should know it now but they don't.
We cannot determine what people do in markets, especially over short time periods all we can do is run a node and depend on our values and intelligence.
because it's not working as normal, idiot.
Do your sats have more or less command over economic goods these days?