| submitted by /u/LightningPlus
The bitcoin price on Friday posted one of its most robust bullish sessions in weeks as it rose as much as 10.5 percent in just twelve hours. The bitcoin-to-dollar exchange rate (BTC/USD) established a higher high towards $ 3,710, up 10.38 percent from the Asian session open. It was not a matter of technicals only; the fundamentals also played an important role in catalyzing the ongoing bitcoin bull run. Robert J. Jackson Jr., a commissioner at the US Securities and Exchange Commission (SEC), said in an interview that the regulatory agency would eventually approve a bitcoin ETF. The news, it seems, helped
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This thing is fun, easy to use, spreads (lightning) adoption and gets r/bitcoin to match the idea of steemit: microdonations for content in
Nothing but upsides as far as I can see. As soon as this idea (bitcoin microdonations via lightning) spreads in a practical and usable way to major social media, adoption will make a HUGE jump imo.
It's the shit.
Edit: In the spirit of the dude who gave out free reddit gold to spread positivity in dark market times a while back (https://www.reddit.com/r/Bitcoin/comments/a0kc9r/times_have_been_tough_how_about_some_holiday/) I'll keep donating a small amount to everybody who comments, gives his thoughts on the bot + lightning and spreads awareness about it – as long as I'm online today and/or run out of sats.
So we are hitting that "flat" "boring" horizontal tail BTC always gets after an ATH. And its … holy sh*t $ 6K! Not $ 27 down to $ 3-7, not $ 250 down to $ 50, not $ 1200 down to $ 250, but literally we are holding $ 6K after hitting $ 20K! Absolutely amazing!
Adoption is going up. Interest is worldwide. Money is still pouring into crypto left and right – sure not nearly as much as a year ago but that kind of mania was unsustainable and unhealthy anyway.
This is the great HODL time. Buy coins, stash them away. Not many are paying attention. Everyone once again "thinks" they missed the Bitcoin train – just like when it was holding the prices after previous ATHs.
Every day we get closer to the next manic buying period where people will bid it up again way over any previous numbers. No one knows when, but I have full faith it will happen again. Bitcoin is sound money the likes of which the world has never seen before. Time will prove that.
Good luck everyone, and HODL!