ABSOLUTELY IMPOSSIBLE.
Not even 6K being very very very very very optimistic
|
|
|
Even if we are near bottom or in the despair stage. There's gonna be a period of accumulation and slow growth for all of 2019.
Can you miners survive these low to negative profitablity for another year at least? Most won't. I see miners are still too optimistic and haven't felt enough pain yet. Profitablity therefore will drop more and drag out for multiple years. I bet miners will not last that long and give up in 6 more months. Their dreams of Moon and lambos will be shatteter and recovery taking longer than they want like multiple years. Eth hash rate finally decreasing some but not enough yet to justify mining
today, all miners with electricity cost about 0.08$/kW are losing money. Not much, just about 5$ per month. But i don't think it's profitable unless you think this market will recover, which i don't think it will happen.
|
|
|
i bet this market will die for a large amount of reasons.
i´ll give you some of them
1º If you knew for a fact, that the price of an asset is going to skyrocket eventually, wouldn't you buy right now?? Noone IMPORTANT, is buying the coins, just hamsters. If you think a market like this can pump by very few people buying 2-10 coins...you are mad.
2º if you were interested in buying, because you think it will skyrocket, why would you believe that you aren't going to buy since you think it will go lower??
3º The situation of crypto like the one in 2018 has never ever happened before. And this has many reasons:
a) Governments want to absolutely control people investing in crypto, because this governments want your money to give it to their own voters. So, every money that goes for crypto, is lost to some extent from the control. So laws, legislations and taxes are absolutely there to provide the tools necessary to CONTROL EVERYBODY. tHIS SITUATION NEVER HAPPENED BEFORE. That's why the market cannot recover
b) Banks, are also dealing with this matter. Not only because most of them have bought debt from this governments, but also because the less money they get to invest and get profit, the less money they can lend to governments. Every dollar that is invested in crypto, is a dollar from which banks cannot win money from. So they will force every inch they can to destroy crypto as a way of bypassing the system, exactly like governments.
c) the end of anonimity is already here. Both banks and governments are cooperating together to share information of how to deal with this people investing, and how to get him into problems as much as possible so that they get discouraged to do it again.
d) the end of decentralization is also here. Big players can manipulate a market that was first created to try to benefit a hole community. Miners are specifically destroyed by the end of this principle, since big companys with low to almost 0 electricity cost are getting the honey while you get shit. 50% of the total power hashrate in the bitcoin pool is in China. I don't consider that as a decentralization. And if you are intelligent enough, you won't do it also.
4º BTC was created to ensure the transition to another way of dealing with money. Nowadays, BTC has failed miserably to engage a fight against real money. More over, not a single coin is telling the community how much money they are making with their software and how many projects are dealing with them. ETH is the most opaque coin of all. They've never said info about projects or money.
What if ETH was valued 20 times more in an speculative market, than in real money performance??? Would you buy anything in this world that people say costs 20 times more than what is actually worth???
5º and for me, the most important idea, that i believe will destroy this market , is that the technology of many coins is useless. Why? because no important COMPANY OR ENTERPRISE will want to share their own data with a third party company that could sell that info to others. That's why many many many companys are building their own coins.
In the future, almost all companys will have, support, and share their own coins, specifically design to fit their activities without having to trust a system that can crash 20% a day, or that can even lose 95% of value in just 12 months.
For me this market is absolutely dead. the problem is that those in don't know it, and investors and holders will never accept it.
|
|
|
i tell them to leave, and do it fast.
|
|
|
i have one question for all of you
IF THE MARKET DIES (WHICH IS EXACTLY WHAT I THINK), AND YOU FAILED MISERABLY TO TALK HERE, YOU SHOULD BE ASHAMED, AND COME PERSONALLY HERE TO SAY SORRY TO THOSE GUYS THAT BELIEVED YOU.
|
|
|
noone is buying coins except these idiots in this forum.
GET REKT!!!
|
|
|
you guys are like those stupids that stand in front of a Tsunami thinking the tsunami will stop and nothing will happen. This tsunami will erase all of you from this world.
you are witnessing the end of crypto.
|
|
|
yes, never give up. Wait till you lose it all.
|
|
|
THE GRAVEYARD IS FULL OF DETERMINED PEOPLE.
Determination without intelligence is DEATH. You'll get REKT in this market
|
|
|
if someone had followed the advice i gave to people 4 months ago, you would be now with money in your pockets. Noone cared about my words of danger.
NOW GET REKT!!!!!
|
|
|
back up plan? jajajajajajajajajajaja the back up plan you should have is leave right now before it's too late
|
|
|
in 2 years, every company will have it's own blockchain, and ETH and BTC holders, among other stupids, will go to hell fast.
Leave now or get REKT.
|
|
|
the market is dead, DUE TU MANIPULATION.
You cannot lose 90% of the value of a coin, and say it will recover. In any normal company, enterprisa or organization, a loss of value about 25% is a brutal disaster.
BTW , many stupid people say that the market will recover BECAUSE IT ALWAYS RECOVERED BEFORE. To those donkeys, i will say that in the past, banks and governments were not legislating AGAINST CRYPTO. More over, there were NO LAWS, LEGISLATIONS OR TAXES AGAINST CRYPTO, THAT'S WHY IT RECOVERED.
Now, IT'S NOT THE SAME SITUATION, THAT'S WHY THE MARKET IS DYING HARD WITHOUT ANY RECOVERY AT ALL. My guess is that this situation will go worse and , if the market recovers (which i totally doubt) it will problaby take years, at least more than 5.
|
|
|
The silliest thing holders can do now - is to sell. And then try to buy BTC higher. Buy low, sell lower, right? Or did I miss something? Now it's time for panic hodling. Survival of the toughest that's considering the market will grow. But what if the prices go down and never ever recovers???In that case, selling at current prices is a good choice.
|
|
|
you have 3 options.
1º) Believe what important traders, analysts and big investors are saying with data, reasons, perfectly rational and logical + technical Analysis (which is that BTC and all other Alts are going to hell very quickly), so leave selling all and do it fast
2º) Hold, because you've lost a huge amount of money (which is the case of the 100% of people telling to hold in this forum) because you consider , ONLY WITH BLIND FAITH IN THIS SHITTY MARKET, that it will recover eventually and that by no means it will die.
3º) Accept that the market can certainly collapse and you´ll risk the rest of your investment knowing that there is a huge possibility to lose it all.
Faith against Data. Faith against Technical analysis. Faith against market.
If i have to choose, i would say leave now any day of the year. This situation will probably be the end of this market. Please, you have to differentiate between technology and market. They have almost nothing to do with each other RIGHT NOW.
|
|
|
i solved all my positions in crypto 5 months ago. I knew 100% sure this would happen. If you want, just type my name in the searcher and see what i was saying 5 months ago. BTW, i predicted this last drop in Cointelegraph just 8 hours before it happened. go and look for it. I have plenty of posts talking about this disaster.
Hope this market dies quickly before more stupids join and get rekt.
|
|
|
It's the end
wow, you have to be like really mad to post this comment on a forum FULL of crypto-retarded-hooligans. This guys, the most part of them that have already post a comment here, would not even be able to guess their own names. They are so blind intelectually that they are not able to see 3 guys on a donkey not even with high quality binoculars. This people are blind of faith. it's an illness. They are like those teens that go to USA to "live the dream" but they end up sleeping in the road. they don't think that everything can go wrong. They will play the faith card every single time they can This guys have lost from 50% to 80% profit from their portfolio. They think this situation is the same exact situation as we had the last 10 years, and they continue believing that after a huge dump there is a huge pump. They don't care about analysing if the actual situation concerning banks, governments, laws, legislations, and taxes are the same. They think the past triumphs mean future triumphs not matter what the situation will be. Do not believe this guys. They are loosers. They don't want to accept that they are fucked up. They need to believe, because it's, for them, the only valueble argument to hold their shitty coins and dream about becoming rich in the future. Leave them. Abandon any possibility for them to react to this disaster. They want to die holding their shiitty UNVALUABLE coins. They are dreamers. Blind dreamers. But hey, it's not your money. It's theirs. You will see them cry hard when their losses get to 100%. Investors are not willing to invest in here. Many many many many analyst, YOU CAN COUNT THEM BY DOZENS, are saying that BTC is going towards 700 - 2000$ at most , and that that situation will stay like that for months. Just leave. I left this manipulated market 5 months ago. I didn't regret it not even a single second. This guys will kindly accept to die holding that accepting they are rekt and that they will never get their money back, let's not talk about getting profit from it.
|
|
|
this market is dead. The technology will continue developping, but the way whales have destroyed this market with manipulation WILL MAKE IT IMPOSSIBLE TO RECOVER.
Leave now, or lose it all.
|
|
|
yehh, Future looks bright for crypto IF YOU ARE BLIND OR STUPID.
|
|
|
i'm laughing really hard at those stupids that have been saying for a lot of time, THAT YOU SHOULD HOLD, that everything will be ok, that we we will max value on December 2018.
EVERYBODY HAS BEEN PROVED WRONG THE LAST 5 MONTHS AT LEAST, EXCEPT ONE GUY HERE: me. i've been saying that we were going to a disaster many times. Time after time, crash after crash, my predictions were on the spot.
This market is doomed.
|
|
|
|