But realistic do we all think to have a winner for this one? I'm now more worried the bear market will continue into 2019, instead of hitting a bottom this year. The next halving is still far away, SegWit is still more or less experimental (I can't wait for it to be supported by large wallets), and the attack from billionairs, bankers and other fiat people continues (if you're not watching Silicon Valley, you should really watch Gilfoyle cryptocurrency powerpoint - Silicon Valley S5). Meanwhile, many tech stocks continue to drop (Facebook for instance lost almost 40% from it's peak this year, Amazon and Apple a quarter, while oil lost a third). The general concensus in the media in my country seems to be the economy is booming. Aren't those all signs we could very well be at the peak of an economic cycle? I'm very curious to see what happens to Bitcoin if stocks start dropping more. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FCQOqwi7.png&t=663&c=PZAbILTzrbIT7w) i don't care to much for ethereum but this post just past by on twitter and its simpel but yeah, i doesn't always need to be to long ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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What the fuck is going on?
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FuIIRhtK.jpg&t=663&c=QAtl9nzhlWis1Q) hey MAN ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FTGGb9La.png&t=663&c=oi0NESQWUnZDdg) the story continuous
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^^ its not to bad down there actualy ..... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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commiserations to those that sold at the bottom.
Oh shit... the major! the colonel will be alright his bosses will tell him when to act bullish again I always assumed you were being paid to post here. Hodl memes all the way down. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Who would ever pay for hodl Posts on a forum ....? Dumpers don't want people selling on top of them. Trolls work both ways. Dammit who can i pay next time to HODL, and become Richer Then they do instead of selling there best value asset? Please pay me BTC’s to HODL That would be living the ultimate dream
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Spaceman i must say we do not experience a DIP the same ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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commiserations to those that sold at the bottom.
Oh shit... the major! the colonel will be alright his bosses will tell him when to act bullish again I always assumed you were being paid to post here. Hodl memes all the way down. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Who would ever pay for hodl Posts on a forum ....?
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Billions of dollars have been spent on mining facilities and building power sources specifically for the mines.
And those billions of dollars created a temporary, pseudo cost of production floor of around $3k. Then after an extended bear market hits, many of them will go bankrupt like KNC did, and the temporary price floor will decrease lower. Best case scenario all miners mine at a loss and buy coins that go below their cost of production (not very plausible but whatever) and $3k floor holds. Worst case, more plausible scenario, lots of big miners go bankrupt like they've always done and price floor drops to something like $2k, $1k, or lower. r0ach, your ‘expertise’ really would be much more suited to precious metals forums. Go forth & spread your wings! You’ve done all you can do here! I do have to say that meme about me from roach.... the one with me in the Mcdonalds suit... i thought it was hilarious ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Mic, I laughed (in a good way). Hey, not laughing at you, it will be me too ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I nearly Merited him but decided not to ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Oh, I am going to do one thing before I sign off for now. Since most people are off work/school today because it’s the weekend, and there should be more people on line than during the week and I have too much merit laying around, the next 5 people to respond to this thread get 30 merit.
Hello there! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Only 7 weeks late bro ha Really understand if you would merit that.... the tattoos the name it was hilarious ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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^ Cool HAT ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) BULL images are needed
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Billions of dollars have been spent on mining facilities and building power sources specifically for the mines.
And those billions of dollars created a temporary, pseudo cost of production floor of around $3k. Then after an extended bear market hits, many of them will go bankrupt like KNC did, and the temporary price floor will decrease lower. Best case scenario all miners mine at a loss and buy coins that go below their cost of production (not very plausible but whatever) and $3k floor holds. Worst case, more plausible scenario, lots of big miners go bankrupt like they've always done and price floor drops to something like $2k, $1k, or lower. r0ach, your ‘expertise’ really would be much more suited to precious metals forums. Go forth & spread your wings! You’ve done all you can do here! I do have to say that meme about me from roach.... the one with me in the Mcdonalds suit... i thought it was hilarious ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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So last days where everything except bored..... I would think we probably have a winner in here. I really hoped to just jynx that ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) absolutely NP agains the current winner, but i would damn love it to see Some massive green spikes on my phone,laptop,pc where ever screen ;-) But realistic do we all think to have a winner for this one?
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NOT DENIAL PHASE
True hodlers are just been drilled over the years already
Nothing NEW is happening (always F***ed up time, but for those that accumulate Some BTC, yeah those Will laugh and again be thinking of these weeks after BTC hitting 5-dig and ATH’s ....)
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Since the price is down and there’s panic in the air, I thought I’d revisit my convictions in hopes it may help someone in whatever way.
BTC is an act of resistance and resistance entails suffering, it requires self sacrifice and excepts that it may be destroyed. Bitcoin is not about happiness or money, it is not rational, it’s about freedom. For me bitcoin is almost a religious experience in a way that I achieve a personal peace knowing I resist evil. Namely the 1% who seek globalization of corporations through capitalism. In today’s world it is abundantly clear that capitalism consumes immeasurable amounts of life from the bottom up leaving slavery and destruction in its wake. It is destined to implode with the absence of new markets to feed from and drag the majority into debt and despair. Bitcoin is the only idea I’ve seen which by design attempts to correct economics out of balance. Until a time where bitcoin no longer serves to liberate, I #HODL
Going to HODL with you and intended to never sell over 50% of my holdings ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Tens of predictions and we are already near the bottom of the list. Considering there was a real prize on stake I would say almost no one was really expecting this lows. Much less if we also take into consideration that maybe some people chose to go lower for a wider spot or as some sort of "hedge".
Interesting.
I could easily live with the current one to be the winner ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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