It’s been a month, since bitcoin has fallen from $10,000. I remember how it hurt, although we had all positions closed, but for many investors it was their last trade. Konikko was telling me how this tumble was similar to previous drop a year before (From $6000 to $3000), the good thing is, we can look at that pattern and see how the situation developed back then. Here is what he said:
“I have feeling like no one understands the situation, only few in the lobbies. Look, they think it will drop, we think it will grow, but there is a big misunderstanding, because bitcoin simply does not move, it’s stuck on the same level, so there is no sense to publish long-term predictions, short-term would be better”
We were chatting in his office, at the end of the day, the sun was setting, it looked fine, but instead of satisfaction, I felt like we were both very tired and I am convinced, that everyone is tired of waiting bitcoin to shift seriously. Konikko is still sure about bull trend, me too, but it was just annoying. I am quiet, because I know that at the end hard work will pay-off.
“I have feeling like no one understands the situation, only few in the lobbies. Look, they think it will drop, we think it will grow, but there is a big misunderstanding, because bitcoin simply does not move, it’s stuck on the same level, so there is no sense to publish long-term predictions, short-term would be better”
We were chatting in his office, at the end of the day, the sun was setting, it looked fine, but instead of satisfaction, I felt like we were both very tired and I am convinced, that everyone is tired of waiting bitcoin to shift seriously. Konikko is still sure about bull trend, me too, but it was just annoying. I am quiet, because I know that at the end hard work will pay-off.
