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Author Topic: Bear market? Will NEVER HAPPEN because of increasing # of unretrievable bitcoin  (Read 475 times)
Herbert2020
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July 09, 2018, 05:18:17 AM
 #41

You knuckleheads still don't get that the supply gets lower and lower as we speak.

every day about 1800 new bitcoins are being created. so unless you mean to tell us that every day also at least 1800+1 bitcoin is lost, the supply is increasing! Wink

Indeed I used the world "prolongued" but looks like 90% of people in this board are pajeets who can't speak the freaking English language.

your title says "bear market will never happen" not a "prolonged bear ....".
also as far as i remember you define bear market as a "3 year correction of price" so according to your prediction a prolonged bear market must be 10 years! you  can't really blame others for not understanding what you yourself are confused about...
a bear market, which is a prolongued (3 years +) correction of crypto prices,

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
Rahar02
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July 19, 2018, 06:24:45 AM
 #42

Indeed I used the world "prolongued" but looks like 90% of people in this board are pajeets who can't speak the freaking English language.

your title says "bear market will never happen" not a "prolonged bear ....".
also as far as i remember you define bear market as a "3 year correction of price" so according to your prediction a prolonged bear market must be 10 years! you  can't really blame others for not understanding what you yourself are confused about...
a bear market, which is a prolongued (3 years +) correction of crypto prices,

Nah, that's the thing as the title mentioned "Bear market WILL NEVER HAPPEN". But the main point about prolonged bear market and the correlation with limited supply of bitcoin which continues to decrease. Yes, the bear market won't last forever and we can't judge how long it will based on what happened in the past due to the market interest constantly changing over time.
Maybe it was 3+ years correction a few years ago, but it won't happen these day, let's see what will happen by the end of the year and towards halving year. Nevertheless, aside from the factor of retrievable bitcoin, "acceptance" play an important role that affects the price instantly.
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