My prediction was wrong, but be careful with your dismisal. This only means the manipulation is bigger than i expected and the fall will only be harder when it comes.
Shorts are building up rapidly.

Today we've permanently broken the $1000 barrier and are staying under it.
It seems a new down trend has been set for the foreseeable future.

With China cracking down on Bitcoin quite hard and people realizinf Bitcoin can technically and economically hold nowhere near the value it has now, a new panic wave has set in.

Will the community take control and continue to develop bitcoin for the future or will we see more dramatic years spiraling down and down?

@OP i can help you find a good psychologist to help you with your issues of delusion.

Bitcoin economically and technically can't go even near those values.

Try reading his whitepaper. He made it very clear this was a temporary soft limit that had to be increased in the future with a smart method. It needs to scale only if you want a lot of people to accept and value your currency.

With over 1k replies i expected at least an entry level understanding of economics and Satoshis work and vision.

Oh man.. this gives me a head ache... the levels of delusion are through the roof.

Seriously none of you see critical problems with Bitcoins inability to scale and the community refusing to adopt protocol changes that would resolve this to some extent? None of you care for you privacy?
Oh yea i forgot, you're not here to change how we do finance, you're here to try to trick others into it and make a lot of fiat quickly.

LOL the things people say when their scheme is falling apart.

Bitcoin is fundamentally flawed at protocol level. It doesn't scale and offers no usable privacy! There is no application for the system in a real world economy with real people.

Do you actually have arguments against my case or you just like to shout nonsense and stick your head in the sand?

I doubt it very much. And even IF we will see a new ATH it's nothing but a fad.
Why?! You ask...? Simple, the technical fundamentals to support this value are still missing, bitcoin does not scale, SegWit has been rejected by the community. Bitcoin does not offer privacy. And most importantly price-wise; the orderbooks are extremely weak.

It would be if Bitcoin would scale. Which it doesn't. It's running at maximum capacity already and solutioms or stwps towards a solution are being denied by the community.

It would be if Bitcoin took privacy serious. Again, which it doesn't.

We need miners to adopt it, not just nodes.

I mainly wonder why people seem to be so strongly against SegWit. It's a great optimalisation and preparation  for additional important features i think.

Again, if you'e going to spread lies, make sure it's not so obvious...
https://blockchain.info/charts/bip-9-segwit

Ah yes! Censorship is what we need here to make the world a better place.

When you're going to lie about something i recommend you do it about something that's not so easily checked by people...

For the last 1000 blocks (blocksize in bytes)
Mean   882,942
Median   927,633
Mode     998,640

The only reason there's no 'hell' on this forum is because the vast majority is delusional and everybody keeps telling everybody else to look the other way and everything is fine. Meanwhile the house is burning.

Explain to me how the refusal of SegWit adoption and currently continuous full blocks are not a big problem, please enlighten me!

It's been two months since SegWit, the magical non-solution, was introduced.
After its release adoption appeared to go quickly for a few days but stabilized after that and is now declining again.

With less than a quarter (23%) of the network accepting/supporting SegWit I think it's safe to say this adaption of the protocol will not be accepted by the community and the blocksize/scaling issues will escalate. Bitcoin will remain as it is without being able to handle more transactions and being more efficient.
Pretty much every block is full nowadays and waiting for confirmations can take many hours, sometimes days if you don't put in an extraordinary high fee.

Don't get me wrong, i think SegWit is a smart and important change in the protocol but it is not the solution it is often advertised to be.

Gosh you're even more delusional than the average bitcoiner.

Anonymous coin hype isn't over, it's an essential feature in digital currencies and other tech that will gain more importance and value for many years to come. It's not a hype by its very definition.

Smart contracts are not an essential feature but they do offer automatization, which is always valuable for obvious reasons. Again, not a hype by definition.

Check the charts, it's 2014 all over again.
It's plummeting again (gosh who would have expected that..) as we speak...

I bet many delusional bitcoiners were thinking we were heading for $1000 again.
Fundamentals are still flawed and not being fixed, there is no support in the orderbooks, forget $1000.
To maintain $1000 i think we need many more smarter and wealthy people to be invested in bitcoin, which they won't because it's not smart to begin with.
We are going back down to 2014 values as there is nothing to hold these prices once the manipulators are done taking your dollars!

See you at $500.

SegWit increases efficiency maybe 2 or 3 times, which just pushes the problem forward and is no solution.
It also does nothing to make Bitcoin truly fungible or add privacy in any other way.