What was our truly dumbest comment of 2017? There is no question: it was, and is and shall be going into the New Year our statements regarding Bitcoin. We thought it was a bubble at $5,000. We thought it was a Bubble at $10,000 and at $15,000 and at $20,000. We thought it would crash and burn long ago and clearly we were wrong
I'm seeing all this money being poured into all these unmineable, centralized cryptocurrencies, and I fear it's going to unravel in a horrible fucking way for a lot of people.
ROFL ME163 designed to rocket takeoff then glide down without any engine power whatsoever that’s if the pilot wasn’t cooked by mixture problems. Perhaps a different meme.
"Bitcoin is selling below levels that need to hold, while the market remains flexible the overall bull run has completed its cycle and we are not going into new highs in the foreseeable future. I walk you through the charts and show you the market shift. " https://www.youtube.com/watch?v=i7cVQQ2DdIM
You didn't watch the whole video did you? "...Now keep in mind that these two charts have symbiotic relationships..." is where I stopped listening. Dude obviously doesn't understand the words he's using so his analysis will be suspect.
Those two linear charts from 4 years apart are like
That dude is clearly a tard. We need to go at least 4x more before anything to happen. And not even then people will be sure of what will be happening.
I watched a little longer, later he said that he "thinks" MtGox was a Chinese exchange... that's where I closed the tab
I think what we've got is a couple things; old school whales doing some distribution, which is good, especially as the market seems to be digesting it, albeit with some gastric upset. We also have many many thousands of brand new noobs with their shiny new trading accounts behaving just like we did years ago...pumpdump back and forth, learning the ropes and getting their thrills with a couple thousand bucks, that is what a lot of these nothingcoin pumps are about.