Nobody does, especially those that claim they do. 

 Doesn't it depend on what you mean "you understand bitcoin"?

I mean, you can understand how you need to use a light switch, without understanding the underlying working mechanism.

Couldn't that be the case with btc? 🤔 

 Yeh, but I’m an electronics engineer, I do understand the underlying mechanisms down to the quantum uncertainty layer, of which I am certain 😂 

 Also, I’ve decided I definitely don’t understand Bitcoin, despite studying it for nearly 4 years full time 😂 

 Not really bitcoin related but a good read thou

https://cdn.mises.org/Human%20Action_3.pdf 

 Just stay humble and stack sats. That's all there is to it. 

 You don't need many vBytes to pump the price 😁 

 My theory on fees coming down ... We're in a new quarter, and the A16Z VCs have reassessed their investment expenditures into inscriptions and runes and realizing they've burned a lot of sats unnecessarily. Plus, much of the ETF acquisitions are now done via spreadsheets in Coinbase. As a result, block space demand has noticeably reduced on a temporary basis. 

Price pumping because more money started coming in steadily for the past week to week and a half. 

 Had to look up A16Z 😂

I think most of the action is going on off chain UTC “Under The Counter”

We’re being played by investment professionals who’ve been doing this a long time.

Luckily, we all want the price to pump eventually , so we’ll all win! 

 Shh 🤫 

 I never, ever bought off on fee / price connection. 

 Looks like history has proved you correct 😀  

 My low IQ never fails me with this stuff.  Just could NEVER understand the connection.  There was none. 

 Agreed 😂