Bitcoin is a bubble at $1 $32 $250 $1250 $5000. Will be again at $15000, $40000, and $100000. Never seems to get old.
right? god, I remember those heady, giddy days of the $32 bubble  I was like, holy crap, all that electricity was FREEEEE edit/ check out this ad VVV BMCHAIN.IO they are literally calling them shitcoins now, lol |
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... I was on there trying to explain bitcoin in 2012 ... you can only imagine how that went.
Actually, I probably read nearly all of that It has been amusing watching the herd over there go from complete dismissal to a healthy percentage of grudging late adopters. |
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... old and over populated damaged populations will feed cryptos long time. until numbers retired people canibalise own economy to death.. and usa now it.. thats why they use like war base now. most of produced byznys fly to china before years and japan like expensive country cant compete and will not.. so why they are now with usa .. ugly japans again
...also after john cocainaCafee tweet about eat own worm if bt will not 500k in ... chinese work hard last years to get over if trade war happen.. or other problems.. they are not lazy and iq is average 100
...mob-petrodollar and his long hands. and petrodollar junk need more wars.
...this system not work: you have hundreds trillions debt just in last 40 years!..))) from retape holes on that capitalist system ))
...all cryptos is just another super mega ponzi Show (now in deflation mode becouse only 21mil. is )) .. to replace petrodollar and falling imperium ..in trying make another "domination" ..... in world witch will fight betwen us.. and usa-un mob will soon without power
soory for web glish
thank you for your analysis, I don't agree with all of it, but that was a great rant |
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Another fine example of a prediction pulled right from an asshole. It hit $5000 just a few days ago and these guys are talking about an increase of $1000 in one year lol Still, the linked article was orders of magnitude better than that "three faces" tripe on ZeroHedge this morning. That author betrayed a fundamental lack of understanding of the technology. This guy may be conservative in his target but at least he has done his homework. |
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Oh? Is that right? So if there is a pattern of a poster (whether newbie or not) putting out random posts to attempt to inspire panic selling or talking their books, we should just tolerate that kind of ongoing nonsense and seeming trolling?
Sure, there are not enough hours in the day to call out all of the book talkers, but some of these folks, such as jojo69 - puts out these nonsubstantive posts that attempt to get folks to panic by suggesting that the price is inevitably going down or suggesting that hodlers should sell after the price had already substantially corrected - which nearly a sure-fired means of causing some folks to panic sell and possibly at the bottom or near the bottom.
You know Jay, I have really tried to avoid getting into conflict with you as I think your heart is in the right place and I feel that we largely agree on the big picture. But I am not going to sit here and passively allow you to smear me as a book talker. Bitcoin is one of the most volatile markets there is. It has rewarded me greatly, and burned me painfully. Pointing out the, very real, possibility of a serious retractment is not an attempt on my part to inspire panic, indeed quite the opposite. Were we to plunge into the 2xxx range an hour hence I would be untroubled, serene in my hodling. This is what I attempt to teach. Bitcoins journey is turbulent indeed. I have learned from bitter experience to take its violent storms with equanimity. Your repetitive walls of text and name calling I can tolerate, impugn my motives and find yourself on my ignore list. |
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Hodler's bull is now my spirit animal
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I'm calling it 2980 on the 9th
wild ass guess of course
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2980 or bust
get your fiat ready folks
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we have broken down through the medium term support line
this could just be the mother of all bear traps...or things could get really ugly
You like a little drama in your posts? Seems as if you are exaggerating a bit. Look, we were just at these price points a week ago (which is a 15% correction), and it would not be unreasonable to have a 30% or more correction. I have my doubts about a 50% correction, but sometimes, momentum has it's own effect, and sure as fuck, bitcoin likes to overshoot expectations, no? We are not beyond overshooting, but there is no need to exaggerate and to act like there is some kind of doom and gloom going on in bitcoin at this time, and there seems to be considerable and ongoing buying support, at this level and at lower levels, if we go there. NO need to panic yet, boys and girl. We both know that bitcoin always has the potential to lose on the order of 40% of its value in a matter of days. It has happened many times in the past and yes, I have found it rather dramatic when it happened. Were it to do that now it would put us under 3000 USD. Such an event would not shake my faith in the long term exponential bull, but newcomers to the space should be aware of the possibility. |
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we have broken down through the medium term support line
this could just be the mother of all bear traps...or things could get really ugly
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 gotta test 4250 first |
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as long as paper money still exists.
exactly, that might not be as long as we would like |
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I need to see some volume in this ramp to believe in it
You said that earlier too. What's your point about the volume? We have decent overall volume for the past 18 weeks, and going on 5 green weekly candles, too. What is the complaint? You think we are not stable here, unless we get more volume? What you are saying does not seem to have any foundation in reality, does it? If the price goes up or down dramatically, then we will get a lot of volume and a battle, but if we just have medium volume and ongoing trickling up, like our current state of affairs, then we are not experiencing any problem, are we? Did I? Would have been a couple weeks ago. I should be more specific in my posts Jay. Long term I am a true believer, really. I was referring to the very short term ramp we experienced between 16:00 and 23:00 yesterday (UT-8) and my skepticism about that was well founded as it turned out. All the volume has been with the bears so far since the last ATH and I am looking for buy side volume to signal that we are truly headed back up. Also not seeing any volume in this $100 runup we have seen in the last 3 hours, I think the bears have more in them, short term. |
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Thoughts?
I want to see a test of the lower line, I put it at about 4200 ATM |
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I need to see some volume in this ramp to believe in it
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But I keep staking some ounces of PM every once in a while just because of risk management and diversification.
and soooooooooo pretty |
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Haircut confirmed.
goddess please let it be so |
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DUMP DUMP DUMP DUMP
COME ON BEARS!
SHOW US WHAT YOU GOT!
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He hasn't gone anywhere has he?
I think his marbles have. to be fair, if I had his money the MDMA and hookers would probably have me pretty addled by now |
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