Short term, yup you may be right. But most ppl hodling BTC don't think short term. Trend kills price.

Well this is true for now, but its interesting to observe the trend. More and more countries are ditching or trying to ditch the dollar as a global settlement currency. Its happening right now. It will only take selling oil for something other than US dollars and the ponzi will be over. So... using this price in dollars as information only works if you think status quo will remain the exact same. Which many bitcoiners believe it won't, and the trend is proving those bitcoiners right.

Its difficult for ppl to really grasp and understand this. PPL that have not lived with the consequences of your state debasing the shit out of your currency. Ask anyone in Argentina how much matters price of stuff in Pesos, its BS and now ask yourself how much longer can the dollar be printed to infinity while being a global currency... 5 more years? 10? Why does price matter that much?

Higher prices matter only those that want to milk the protocol to get more fiat, "the investment bitcoiners". My POV is, I am trying to shrink my fiat exposure, not making it bigger.

My only concern right now is getting my stack deeper and wider.