Fun fact - all of these same conversations have happened at 4 digit price levels, and before that they happened at 3 digit price levels, and before that they happened at 2 digit price levels, and 1 digit levels. The same comments, the same debates, and even many of the same people.
you are really devolving into fantastical thinking that is probably has less than a .5% chance of happening, even though you are presenting such scenario as if it has some kind of meaningful odds... wishful thinking and perhaps some desperation, too.  I am totally lost here on both of your responses to my completely neutral or even positive comment where I am simply making an observation of the past. It was not meant to be connected to any other discussion I was having. What is this scenario I am presenting... odds of what? Did you guys sleep yet? |
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Bitcoin is never stable for more than a couple weeks at a time. Sometimes there is a year or two where prices stay within the same order of MAGNITUDE, which occurs after a steep crash.
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The core values of bitcoin are sacrificed every day and investors/traders dont care. The lightning network or something like it is neccessary because otherwise bitcoin is too slow and expensive to use as anything other than a savings account, and this undermines its intent as a currency. Its a catch 22.
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Unless altcoins also have futures, futures will bring the alt.btc ratios DOWN first because it's an advantage that only bitcoin has and second because the money is supporting fake bitcoins and not real bitcoins which would be on altcoin exchanges.
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Well it's not like I just come on here to declare there is going to be a crash. I am usually disagreeing with someone and addressing them when I hear them say something ridiculous.
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Fun fact - all of these same conversations have happened at 4 digit price levels, and before that they happened at 3 digit price levels, and before that they happened at 2 digit price levels, and 1 digit levels. The same comments, the same debates, and even many of the same people.
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Bittrex is... an altcoin exchange.
Bitfinex would be the most significant by volume but Coinbase would also be significant because it is the dumbed down user/merchant entry point for the whole cryptro ecosystem.
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In the past the crashes ALWAYS had something to do with an exchange. The flow of fiat cannot stop *insert walter white pic*
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I dont see images either. I posted a pic of a robotic bear.
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What if I woke up from a 1 year nap since the price was 1K, hadn't checked the price yet, and thought 'wow I'm really bullish. I think it should rally 500% and be worth $5K.' Would that be bearish?
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I hear a good portion of people literally saying that btc is never going to dip or crash again because everything has changed or now it's being stabilized by the big money or whatever which is bs, or they are just new and not aware of the crashes.
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Bitcoin drops to $5K on christmas eve. Then you wake up on Christmas and it's back above $10K and you have one of these Krampus bells  |
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" fasten your seatbelt "  |
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"classic bitcoin dip"
Like the dorps of 2011, april 2013, and 2014?
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What did you expect. Everyone was waiting on the futures launch but we already know from the last futures launch that there is no volume.
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This on the other hand finally looks like it could be the beginning of a crash
And someone was right about BCH not rallying
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You have actively come into this thread since about $7k and saying the same fucking thing, and now the price is about 3x higher, and you still saying the same nonsense.....
Yeah, sure, sooner or later you are going to be correct... but your repetition of the same cyclical bitcoin price gonna crash nonsense, does not mean that you have any actual insight.
Yes since 8K I've been mentioning there would end up being a crash, in response to people who thing prices are just going to become a flat ascending staircase forever, but I didnt say WHERE I didnt say 'the crash is going to start here'. So every time I made the statement is still going to end up becoming true Actually if you look at every little dip we've had during the rally you'll find me saying 'nope my TA says this isn't the crash' And because I want to add some vinegar to the open wound, I'd like to remember that a 60% crash means roughly 10k (which is what most of us expect I guess), VS the 'at least 3k' predicted initially
hence "at least" |
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I need a new brain. Ive fried this one. Time for that sleep someone was talking about.
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Most of their statements are true though
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