TL;DR: CoinSpice scours the Twittersphere to shine light upon the top crypto tweets of the week. The $10,000 psychological price mark is all the rage, again. BTC maximalists troll the world with Justin Sun of TRON. Someone really, really respects Jack Dorsey, and Ripple CEO dunks on haters.
#8 Psychological Level Reappears
The father of psychology Sigmund Freud wrote, “One is very crazy when in love.” As speculative prices rise, euphoria takes hold and suddenly validation is won. Everything seemingly led to this point. It all now makes sense. It’s a kind of mania, and it is taking hold once again as the world’s most popular cryptocurrency by market capitalization reaches $10,000 for yet another time. No lessons have been learned, apparently, from the myriad of other instances when just the opposite happened. None.
When bitcoin hits 10k im showing my tits fuck it
— bit carla (@Bitcarla) February 6, 2020
#7.75 Before a Reasonable Retrace
Perhaps the most interesting psychological aspect of price talk is how it is unrelated to utility. That’s a frequent criticism from peer-to-peer electronic cash advocates: Number Go Up is not an argument. Instead, it’s a cult-like belief and might serve to ultimately fatally wound the point of cryptocurrency if too many folks are lured by get-rich-quick and for no reason schemes.
Any guesses what the next ATH for #BTC will be?
(Technically, it will be $20001, but not that. Meant the ATH before a reasonable retrace)
Will bookmark the tweet for later reference.
— CZ Binance 🔶🔶🔶 (@cz_binance) February 9, 2020
#7.5 Anon Space Cat Makes Bold Prediction
The ironic aspect of price predictions at the $10,000 mark is how they have become a meme. Anyone who has watched the space for even a short amount of time knows the drill: below $10,000 is simply waiting for $10,000 to reemerge … only to have it escape again, drop, without explanation. Round we go.
Just woke up.
We’ll never see Bitcoin below $10k again.
— hodlonaut🌮⚡🔑 (@hodlonaut) February 9, 2020
#7.25 Time Will Tell
Bitcoin just hit $10,000.
I still think that Bitcoin will hit $100,000 by end of December 2021.
Fixed supply. Increasing demand. Time will tell. #Bitcoin
— Pomp 🌪 (@APompliano) February 9, 2020
#7 Value, Virtue, and Beauty in the Crypto World
I gotta say… maxi's today sound an awful lot like those who ignored Bitcoin in the early days. "Scam." "Ponzi." "Will never work." "Only gold can be money." I know I won't convince you that there is value, virtue, and beauty in the crypto world beyond just Bitcoin.
— Erik Voorhees (@ErikVoorhees) February 2, 2020
#6 Cannot Overstate Overstatement
When the history books are written about all this, he will be viewed as one of the most impactful advocates for bringing a non-sovereign money to the world. pic.twitter.com/JWsYB4H3WA
— Travis Kling (@Travis_Kling) February 2, 2020
#5 Two Kinds of People
I've found the opposite. Maximalism attracts two kinds of people: the people who are new to the space, because they get their information from /r/bitcoin, and the people who are insecure and seek social support over truth. Over time, independent thinkers leave maximalism behind.
— Emin Gün Sirer (@el33th4xor) February 4, 2020
#4 Wonder How This Will Age
Ahem… IS THIS THING ON… can I get a fact check on aisle CoinDesk?
— Brad Garlinghouse (@bgarlinghouse) February 5, 2020
#3 Living His Best Life
— Justin.tron (@justinsuntron) February 8, 2020
#2 Monkey See, Monkey Do
I’m breaking my no shitcoin rule on the podcast. Couldn’t say no to the #Ethereum killer.
— Peter McCormack (@PeterMcCormack) February 9, 2020
#1 Enemy of my Enemy is my Friend
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DYOR: CoinSpice is your home for just spicy crypto things. We’re not affiliated with any cryptocurrency project or token. Each published piece is intended for information purposes only, not investment advice and not in the hope of impacting speculative markets. There are plenty of trading sites and coin-specific advocacy journals out there, we’re neither. CoinSpice strives for rigorous accuracy in our reporting. Information presented here is contingent usually on a host of factors, and the ecosystem moves fast — prices change, projects change, and at warp speed. Do your own research.
DISCLOSURE: The author holds cryptocurrency as part of his financial portfolio, including BCH.