Bitcoin Forum

Hey y'all my dear bears! Bear season is coming soon and it looks like this time we will have some brutal ride!

Alpha leader: Proudhon (as always)
Invited: all the ol' permabears of course, tempbears, and why not, weak-hands too!  :D
Not invited: the obviously delusional rest...

So, lets predict when will Bitcoin crash into the tripledigits. I think that after the upcoming flash crash and some short bulltrap, we will see an extreme fall probably in mid to late January, what do you think?

https://i.imgur.com/koZrzPe.jpg

Surpised to see how prodhoun, kwukduck and the rest of people announcing the end of bitcoin since years ago haven't hung themselves up on a tree yet. Oh well, I guess one day you will be right, but that day nobody will care, because it will be impossible for anyone with half a brain cell to be on the red, then when the next bull run starts, holders just keep getting richer as usual.

Lol @ proudhon being a bear. YHBT

bear market ? seems like that at this moment but will not last forever,
because in the future we will face another listing that will happen in Q1 2018,which mean the price should take another leap again.
the correction will happen and at best we should see it for more than $3000+++,
3 digits ? i do not think so mate,
there're a lot of factors that we need to see if we're talking about its average price.
the expenses that we need to spend for mining it,the rewards that we will get for each block and lastly difficulty that keep increasing from time to time.
so in my opinion 3 digits will not happen even though we made our start at $700 in january.
well everything can be happen,we may be can see it because of flash dump.
but i doubt that the price will be around that point for a long time because it's not worth that low to be honest.

https://bitcointalk.org/index.php?topic=405180.0

Right on time!  ;D

https://screenshots.firefoxusercontent.com/images/2197d93e-a92b-4a29-927b-384dfc0f674a.png

Don't get too carried away yet

I want to see it burn as much as the next guy, but it isn't time for the super bear yet. Maybe get 13k out of this.

Thanks for this. I'm tired of the "When $20k?" and "When $50k?" and "Will Bitcoin hit $70k this year?" threads.

I'm pretty terrified to sell and I plan to hold through the top and will just start shorting after the major dead cat bounce. I'm sort of a delusional bull long term, but I'm tired and I want to see the late bulls bleed.

Mom and Dad panic buying BTC at $17k?! That's just asking for blood! Bring back Karhu! :D


Yeah, this isn't done yet. I'd be surprised if we don't go vertical towards the $25,000 area. This needs a blow-off top. What signs are you looking for as far as a longer term top?

A bear market will eventually occur as bubbles always end with. But for now I think the trend will still be bullish and rallies will keep on coming. I can't see why bitcoin cannot skyrocket to up to $25k-30k still from this point considering how bullish people are and how willing they are about buying bitcoin now compared to 2 years ago when price was cheaper by a mile.

It'll be interesting when the crash happens, though.

As you said, family and friends are now dying to buy bitcoin at 5 digits which worries me. They ain't prepared for a crash.

Has he just been trolling lately? I thought he had flipped bear, though it did seem a little bit over the top. Well played...?


Got a chart for us? Where do you think we are in the historic count? That is to say..... after this rally has topped, are we expecting doom/long term bear? Or simply another correction before the insanity continues?

This is the problem. We've had people like OP thinking they are geniuses calling tops for years, and higher highs keep happening. Nothing guarantees that this was the top. It could be another of these breaks that bitcoin takes for a while, only to hit higher highs at the end of the month, then another monster bull to $30k, and eventually, it crashes and the floor was what was considered the top buy people like OP, and they end up looking like idiots (once again, lost count). Therefore, simply hodl.

Just for starters, the blue box area is expected
https://i.imgur.com/AVcMPmX.png

After that, a little longer of a corrective move before heading higher. Perhaps luc's 10k retest?
Don't forget, we have the potential to create a candle similar to the final monthly candle in November 2013 (https://bitcointalk.org/index.php?topic=2095539.msg25640729#msg25640729). Something around 480% before the longer bear market could take hold. Currently, we are about 30% the way up that candle, so another 2x or so from here before the year end is plausible.

HODLing forever is a terribly irrational strategy. When the cost of mining goes too far away from the market price, when there aren't good fundamentals for this crazy speculatory rally, when there are exchanges pumping the market with fake dollars, when we have actual scalability issues that make companies like Valve abandon Bitcoin because of the current price of transaction fees, THEN you have to reevaluate the reasoning that explains the current price...

https://i.imgur.com/bnFKJSm.png

First stage of KARHU accomplished. See you in a few weeks  :D

Hasn't bear season actually ended? I think the last date is December 7th or so...
And yeah , I'm talking about real bears  ;D

But I must congratulate you, pretty much nailed the dates for the BTC bear season droppings :).
3 digits incoming? Bitfinex just touched 13k and just seen Bitstamp is doing even worse......

This is going to be highly enjoyable, give the bears some candy after all the punishment they took all year round.

And I doubt Proudhon should be the leader:

Im seeing you right now:

http://image.ibb.co/bUAYaG/uppppppppp.png


Nice bear season you got there... im sure you bought at $12,000 and are now up big time right? Or maybe you didn't buy back in and will now disappear again into the woods until the next "crash"? Seriously, bitcoin bears are the worst group I've seen in finances, they announce doom is coming a bunch of times, never get it right, and eventually get it right and think they predicted anything.

Can't wait to see your excuses at the all time high.

When you say about bear market I already imagine some long term  downtrend which is not suitable with bitcoin because it's dump will be very fast (it will be more like a bear session).
Bears have a plenty of good moments in this year, just remember all major dumps that we had.Imho in a long term cryptos will obviously win but some short term bear things are happen all the time. Don't treat them like loosers.

What's next? A flat Earth's theory supporters reunion?

A bear is not sated by a drop that lasts a few hours. That's nothing but a prick tease and then it's back to being tortured by jolly price moves.

They thrive on black sheets of rain lashing all of us for months on end.

Litecoin super pump. Is this another late 2013? Too obvious but perhaps these things always are.

Double top definitely broken and now we are at all time highs again at $17400... bears lose again. Proudhon continues waiting to get back in at $15 a coin or whenever he sold his stack. Now we are going to see higher highs and this thread is already outdated. If you call a bear market, you CANNOT see an all time high after your call, your call gets invalidated the very second a new ATH is reached. Sorry OP, better luck next time.

Unrelated, but look at Microsoft's stock. It's also going parabolic.

After "parabolic" there is always a "bearabolic".

Losing is what being a bear is all about.

https://i.imgur.com/U2Iquoz.gif

Didn't the bears go extinct in the Bitcoin universe? 2017 hasn't been a happy hunting ground for bears. At each record breaking price, certain bears would have gone bankrupt by being on the wrong end of the trade. Now, you would have hardly any left. And even those would expect the price to decrease by only a few thousand dollars.

If there's a price fall of a few per cent we immediately get nobody accounts filling the front page. They're out there. They're just waiting.

It's going to fascinating to see how bear psychology works this time. In 2014 you really could have convinced some people that Bitcoin was going to die.

These days a fall could be proper ugly, but it's ever so slightly hard to ignore the activity exploding around it. I'm sure they'll give it a try anyway.

Note - this apples to nutter bears, not proper ones.

A lot of them are on this forum as well - a lot of people will become bears once the price drops for more than a few months at a time.  Some people convince themselves that price drops over a day or two is all the bearish pressure that we're going to see, but most markets have bear markets lasting a long time eventually.

This forum is a bit of an echo chamber for bulls - I think that the tables will turn very dramatically alongside the markets.  Deep into a bear market bears will be prominent herew, and deep into this bull markets bulls are currently prominent.

---

Bulls get rich, bears get rich, pigs get slaughtered.  I haven't always been a bear - I've only been a bear since the price got irrationally high.

I expect January 2018 to be the beginning of a bear market. Nothing lasts forever, whatever goes up must come down. Even bitcoin isn't immune to these natural laws. It's just a matter of time.

Trend reversal confirmed. Watchout below.





Right now is your last chance to get out. Otherwise it will be too late.

Lol, the bear bulllish indicator is right once again:

http://image.ibb.co/e92Ppm/bistamp.png

You are already down big time since OP made the thread, and even lower if you sold at the dip instead of buying it as you should. There have been several all time highs since your bear market prediction. Admit it, you fucked up, better luck next year. If you keep calling for a bear market monthly you will eventually be right.

I wonder which whales have their coins loaded and ready to pull the trigger in case of a flash crash.

I'm not a bear or a bull as of right now which is why I exited my long position. Coins are extremely oversold now and the technicals seem to point to a crash soon, I don't know though.

Well... we are just one week away from "mid to late January" and the Bitcoin market looks pretty stable, so maybe I was wrong and Bitcoin is not going to crash :-[ what do you think?

 
2018 Crypto Crash (Elliott Wave): https://redd.it/7p2bwq (https://redd.it/7p2bwq)
 

Maybe, but I personally was expecting a price closer to $12k by this time of the month. It seems like $15k have for some reason a BTC magnet.

In my opinion BTC is just starting it's bigger downwards spiral / bear market. There is no quick fix to the unconfirmed transactions or fees so the situation will most likely keep turning worse at least until autumn 2018 (and that is a long time in cryptoworld).

Apart from the obvious thing that it's the same problem not two different ones, quick fixes always lead to bigger issues than can't be fixed.

What happens in autumn 2018?

Fortunately this is only your opinion.


You're not a real whale if you are so easily impressed by a dip and sell all your coins.
Whales doing this end up being cute harmless dolphins.

My guesstimate on when the LN might be ready enough to be utilised in commercial role. Segwit would need to be adopted on the first half as well by the big services.

The crash already happend, down from $20k to $11k.

This is THE bear market. World-wide sentiment is still very bullish so i believe this bear market will be short lived.

LOL this is the most bullish bear market ever :D In all seriousness, we are still above the long trend, so no, I wouldn't call this a bear market... only those who bought at ATH during December may feel a bit anxious right now, but for the rest, BTC was still a good investment and they are probably happy with it.


I don't expect to see any company adopting LN until mid 2019. And SegWit still have to be integrated in Bitcoin-qt :(

Oh well, maybe I was right after all...  :D Bitcoin is so unpredictable though: maybe next month we will be ATHing again. Time will tell.

Shit, I now feel really bad about summoning KARHU. Last time it took a long time to recover...

Is there any other cyberspace demigod I can call so we can all take a breath from this bloodbath?

http://mahir.faithweb.com/original.htm

Mahir! I summon you, please help us :D

We welcome Karhu!

I am certainly in the bear camp.  Bitcoin at 20k.  If it looks too good to be true then it usually is.  I think there is further to fall before a rise.  But anybody can guess. 

Too late bro! You should have known better before summoning Karhu. Now we are in for it and we will just have to wait it out until Karhu gets tired and decide to go take a rest. I am not even sure Mahir will have the strength right now to overpower Karhu. Only Karhu decides when he wants to leave the scene. Even McAfee is no where to be found right now before he gets slapped in the face by Karhu.  ;D

Oh my brother. It was getting too good and too fun until it started getting scary. However, now, it is getting too cold, bad and bitter to be false. It does not even look like the bulls have the chance anymore. We did not ask them to go into hiding, we only asked the bears to have a chance a little bit. Now, the bears are overdoing it.

OMG! And when I thought this should be over soon. Checkout those fangs and the eyes. The bear gangs are still at it. They ain't done yet. $5000 here we come. It is winter mates!

wtf it actually worked?! :o

https://i.imgur.com/UpkuaPb.png

Yeah man! Time to moon up!! Mahir finally saved the day. Popping some big bottle of champagne after buying back at $6100.

https://media.giphy.com/media/5dJnSUbvG4Xjq/giphy.gif