Aaaannd they're back! Oh how we've missed you MSM fudsters. Bitcoin unlikely to ever hit another record high, Barclays sayshttp://markets.businessinsider.com/currencies/news/bitcoin-price-will-likely-never-hit-another-record-high-barclays-says-2018-4-1021287408- Barclays says peak prices for bitcoin are a thing of the past.
Analysts at the bank compared the cryptocurrency to other speculative assets and say it's only downhill from here.
"Unlike past peaks in Bitcoin prices, the survey evidence, based on our modeling, suggests that the speculative bubble in crypto currencies may have passed its peak," the bank said as part of its annual Equity Gilt report this week."You hear that Average Joe?? It's over!!! |
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Has anything changed to make this not a bear market?
If this falls back down we have the height to crash to 5,500.
You're not allowed to make bearish statements around here. Please log out and log back into your bull account. Then proceed to post rockets, trains, air balloons, and other such things of bullish value. |
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Now that the whales have successfully squeezed a bunch of Chinese newbs on OKEx, they need a way to drop the price again.
China bans Bitcoin? China bans OKEx?
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Easy peasy lemon squeezy  |
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Oh sheeit. There I go... Prognosticating again... I need to learn to cut that out because I really suck at it.
Apparently the secret is to prognosticate loud and proud but in such a vague way that no one knows what you mean. Post a chart with no lines on it and say “this is classic TA” and then go silent. Even better, tell people about your predictions after they happen. And the best yet, go start a YouTube subscription channel and post your innane TA there. Then start a paid 'insider' service for elite trading, milking your hapless followers of their hard earned money. |
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Et tu, brute? Oh how ironic. I wonder how long until all the BCash cultists realize they've been had and stone Roger Ver in the street... |
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Just watched Gold break out of $1360 on high vol, big green candle.  |
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"Bitcoin can never be used as a currency because it's price isn't stable!" -Said by no MSM naysayer ever during times of actual price stability  |
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Yeah well... in Q1 of 2014, I distinctly and vividly remember such bullish articles being written about how Bitcoin was going to hit a new ATH by end of 2014. In hindsight we all saw how that turned out. So don't believe everything you read. |
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PSA to anyone who got into Bitcoin for the first time last year:
You will literally die of boredom before Bitcoin rallies again. Best stance is to quit worrying about it, DCA your bitcoin purchasing, and come back in a few years when you hear the rumors of another bull run.
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No one wants their shitcoins.
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Why Why Why ... so much manipulation? The price action can be so cruel and mean sometimes. Whales are such meanies!   |
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Curious as to why you think Bitcoin is less susceptible to price manipulation via futures than gold?
It is my understanding that in the paper metals world, none of the metal actually moves. No one takes physical possession, or calls anyone's bluff. So no one really knows how much physical metal any of the big bullion banks have stored. None ever get audited. Even if bluffs were called, excuses would get made and long delays on physical delivery would be routine. At least with Bitcoin, it's transparent enough that audits are as simple as a signed message. Deliveries are near instantaneous. |
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Not that I'm a fan of democracy since all the wrong people get to vote on matters that they haven't studied rigorously enough to even begin having a basic grasp on them, but alas, we supposedly live in democracies.
By 'they', do you mean the politicians? Because the people in a democracy are many steps removed from getting to vote on anything directly or meaningful. They only get to vote on the idiot candidates they are served and have to then trust. |
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