Price will keep going down. Bitcoin won't reach massive adoption. Never.
It's good to buy drugs and nothing more.
it's great for gambling and buying weapons too Any charts for weed/coca/heroin/ammo/guns USD pairs? Seriously. I had a discussion yesterday on what patterns these 'assets' follow regarding price over the years.
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Bots were the Viagra (plumbing), but for an epic fuck you need fuel (testo) and excitement (dopamine) too....
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A truly anonymous, non-traceable, non-taxable coin is a far superior store of value.
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i'm waiting... but i can afford to lose.
Lose more than you can afford to bet!
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No confidence in the market. The big fish want down, so we go down. 99.9% of us have no control over the market.
The better question is why do we keep buying to make them a profit with our losses?
I don't think it works like that. Where are the big fish going to put those profits, if they are invested in Bitcoin they want that wealth to grow not there Bitcoin balances. I think they dump to distribute coins, then when the stars align they buy back in to push the price up. In my opinion the next trigger point will come when production costs equal market price, after a fiew key triggers the rocket will launch. Untill then it's us 99.9% betting against each other. IMO, they are collecting coins from the amateur traders. Instead of putting in fiat, they are playing games to get small fish to buy and sell for the big fish benefit. This started at 685; if they get to 340, they double their coins plus trading profits. If there were ever to be another big rise, their profits would double with their btc. I agree that there is a bottom where this strategy is self-defeating due to the long-term damage to btc. I think we passed that point at 500. They apparently think the point is much lower. I don't short, ever. But I gave up on the market at 480. It would take a lot to convince me that the market is truly rising after what has happened in the last few months. Edit: to paraphrase a poster here "the flies will come back to the shit if the price rises." Respect!
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Bull trap once more, I'll pass this time...
Only that spike and the spike's only there to give a point to stay beneath later, China seems to have found bottom and big dumps are being swallowed up. Maybe. Impossible to know but there's at least the illusion of buying pressure. It would be a BIG win if we don't go <370 - maybe this is the start of manipulating the price with higher lows (fingers crossed though I am all fiat)
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Bull trap once more, I'll pass this time...
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Awesome buying. Now make sure to all dump at once soon to take your 100 bucks profit and then come here and wonder why the price keeps going down.
Whatever you do, keep complaining instead of buying cheap coins! "I wish I'd bought when they were 370". Now they're expensive. He's too stupid to realize that sellers sell more when buyers buy less. It's as much the lack of buyer's fault, and thus, his fault too. So maybe he should be blaming himself for having not enough money or the conviction to buy? And then, he's too stupid to realize that "manipulators" can't kill Bitcoin, same as they couldn't in 2011 and 2012. As long as Bitcoin remains #1 cryptocurrency, it'll rise again. +1163$/btc
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aah beautiful
"manipulators" eating their own walls, you guys go euphoric, gain confidence and start buying back. guess what happens next
With much drama added - 2300BTC wall? Come on...
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What is really depressing is that if we are 1M BTC users it should be in theory easy to add another 100K new users that each one would invest 1000$.
That is 100M fucking USD - bye bye market makers!
But...
EDIT: Where the fuck is the expo growth in users? EDIT2: Walls will be eaten soon
when Bitcoin reached $1100 and was all over the news many people around me was really curious about it so I naturally explained everything to them, many asked me when to invest, and I always replied that it doesnt really matter long term, I told almost everyone buy and hold and after a year or so rethink your position. guess what, my best friend bought almost at the top of the bubble (~$1120) my ex-boss bought this year (I think march or February) around $650.... all of people that I introduced to bitcoin are so much in the red, these people for sure wont recommend Bitcoin to anyone they know... I even regret my answering their questions... now if anyone asks me I respond with I don't know and do your research on your own. I bought my first coins in the first bubble at 28 but I dont bitch around like a girlie man. MAN THE FUCK UP
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2300BTC wall C'mon someone. Buy it all at once. I would love that!!! Hehe, he pulled the 660 back
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2300BTC wall
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1648
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What is really depressing is that if we are 1M BTC users it should be in theory easy to add another 100K new users that each one would invest 1000$.
That is 100M fucking USD - bye bye market makers!
But...
EDIT: Where the fuck is the expo growth in users? EDIT2: Walls will be eaten soon
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this is a natural and expected bounce, I still don't think the bottom is reached ( at least hope so ) Want cheap coins? According to Shroomskit there are always cheaper coins (and he is right). Where are your bids?
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@MoreFun - what's your background mate? I really like your analysis
Not sure if serious or you are just jerking me. 100% serious!
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@MoreFun - what's your background mate? I really like your analysis
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