The more Bitcoin matures, the less it will be susceptible to market manipulation.

Hey everyone. I want to share my thoughts about the recent market movements and maybe also convince you thst you shouldn't be too worried. Bitcoin is still the same, it's chugging along, one block every ten minutes, and there will ever be 21M BTC.

Crashes like the one we've just experienced are largely driven by very very very big whales that can move the markets and have been always performing coordinated operations to play the markets, since the early days of Bircoin. Sometimes it's helpful to think of whales as not many different individuals that compete against each other but rather one single entity (of course they're really not) that have aligned interest: to buy your precious coins at a cheaper price. It's how they play and its often how they became whales.

Whales are a little but like Psy Ops: they are so wealthy that they can produce and spread FUD, engineered news, and time these attacks precisely over the course of weeks and months, causing market cycles like the one we've just experienced. The reason why these tactics work, is because humans are psychological beings and we all act very similarly, i.e., some kind of herd mentality instantly makes millions of people switch their outlook from overly optimistic and greedy ("wooohoo Bitcoin is at ATH, we're going to the mooooon!") to being terrified and acting out of a position of fear:

"omg, it has already fallen so much and its probably going to fall even more! Better sell now than having to carry even heavier bags...?? Guys?? Can you please tell me what I should do?? Youtube?? Twitter??? Anyone??"

China bans bitcoin (again)

dump eet

Sounds familiar?

The reason why I'm optimistic is that, the more Bitcoin matures and becomes widely accepted and recognized as a safe store of value (which it most probably will succeed in), the less likely your average Bitcoiner, like you and me, will even think about having to sell it. "Sell it? Sell it for what? For a worse asset like fiat? Or gold?" will be what the future holder of bitcoin will hopefully think.

This is what people mean by "the more an asset matures, the less volatile it becomes". When Bitcoin concludes its maybe decades long phase of price discovery and finds some sensible value to denomiate the world's wealth faithfully, it will become a lot more stable in value. We won't be experiencing these ridiculous events anymore in this intensity, in which a highly leveraged market of millions of autistic apes (that's what they call themselves, right?) and paper hands will be movable by the switch of a button, a few tweet campaigns, some well-placed headlines, and other shady methods.

Hodl strong. We're on the path to a better future. These are growing pains. You come for the gainz, but you stay for the financial revolution.