Permabull Party Thread

[xDan]

easy to make predictions when you add the infinity of time.

sure, I'm only really claiming that Bitcoin is not going to fail. It's not a difficult prediction to make

[dakota neat]

beartroll honeypot thread

[JimboToronto]

beartroll honeypot thread

Let's not forget the honey wagon.



 

[LFC_Bitcoin]

This is gentlemen.

Just made it onto page 2 so when we're at 10k I can say 'I was there' 

[Hyena]

Speaking of bears...



...they get fried, when messing with Bitcoin.

[coinableS]

The price has been falling for over a year yet more and more VC pours in, more adoption, more transactions, more exchanges, big players, legit exchanges coming onboard. You want to talk about divergence, if there was a graph for the above compared to the price the bullish divergence would be so easy to see. When it takes off again it's really going to knock people's socks off. It is going to be an exponential sling shot. So many people will be trying to get in at the same time there won't be enough BTC available to buy.

[Hyena]

The price has been falling for over a year yet more and more VC pours in, more adoption, more transactions, more exchanges, big players, legit exchanges coming onboard. You want to talk about divergence, if there was a graph for the above compared to the price the bullish divergence would be so easy to see. When it takes off again it's really going to knock people's socks off. It is going to be an exponential sling shot. So many people will be trying to get in at the same time there won't be enough BTC available to buy.

Also, many sellers will remove their sell orders when they see a parabolic rise, which in turn will accelerate the rise.

[coinableS]

The price has been falling for over a year yet more and more VC pours in, more adoption, more transactions, more exchanges, big players, legit exchanges coming onboard. You want to talk about divergence, if there was a graph for the above compared to the price the bullish divergence would be so easy to see. When it takes off again it's really going to knock people's socks off. It is going to be an exponential sling shot. So many people will be trying to get in at the same time there won't be enough BTC available to buy.

Also, many sellers will remove their sell orders when they see a parabolic rise, which in turn will accelerate the rise.

Exactly, the sell orders will get pulled, clearing the path for a huge rise.  I mean why sell now if you can sell for more a day later? Actually, why sell at all, at that point? Adoption will be so wide spread you won't have to sell, you trade your one bitcoin for a house.

[Dump3er]

Actually, why sell at all, at that point? Adoption will be so wide spread you won't have to sell, you trade your one bitcoin for a house.

A house? They told me about a private jetliner!

I still have some cold storage reserve, where are my jetliners?

[zimmah]

I need to be part of this, I don't know when, but eventually Bitcoin will be worth at least 6 digits. And it's probably going to happen sooner than most would expect.

[ssmc2]

Actually, why sell at all, at that point? Adoption will be so wide spread you won't have to sell, you trade your one bitcoin for a house.

trololololol

You have 0 BTC and you know it.

[zimmah]

The price has been falling for over a year yet more and more VC pours in, more adoption, more transactions, more exchanges, big players, legit exchanges coming onboard. You want to talk about divergence, if there was a graph for the above compared to the price the bullish divergence would be so easy to see. When it takes off again it's really going to knock people's socks off. It is going to be an exponential sling shot. So many people will be trying to get in at the same time there won't be enough BTC available to buy.

Also, many sellers will remove their sell orders when they see a parabolic rise, which in turn will accelerate the rise.

Exactly, the sell orders will get pulled, clearing the path for a huge rise.  I mean why sell now if you can sell for more a day later? Actually, why sell at all, at that point? Adoption will be so wide spread you won't have to sell, you trade your one bitcoin for a house.

You misspelled mansion. As if I'ld trade a full Bitcoin for a house.

But yes, it's likely that the next rise will be literally a gold rush, people running over each other to buy the few available fractions of Bitcoin for extreme prices. Once people finally realize what "limited amount" actually means.

[Torque]

Ok OP, if you truly plan this thread for the 'permabulls' then you absolutely need to instill a few rules:

1)  Delete ALL troll posts or bear posts from this thread (yes NotHatinJustTrollin, I'm looking at you)

2)  Allow for some serious long term positive bull discussion

3)  ADHERE to rule #1

[NotHatinJustTrollin]

A bubble is a very interesting sociological phenomenon.

Watching late adopters (the suckers, as opposed to the early adopters who dump on them) and their ramblings is fascinating.
You could write never-ending essays on them.



Sure, the delusions often make you cringe and feel terrible for them, but it's always a spectacle nonetheless.


On a more pragmatic note, they are the exact opposite of what should be done when investing. In the end they are even useful.

[NotHatinJustTrollin]

Ok OP, if you truly plan this thread for the 'permabulls' then you absolutely need to instill a few rules:

1)  Delete ALL troll posts or bear posts from this thread (yes NotHatinJustTrollin, I'm looking at you)

2)  Allow for some serious long term positive bull discussion

3)  ADHERE to rule #1

I think you missed this part about OP post:

See you all in a year or few. If any bears would be so kind as to post here saying Bitcoin will never reach that point again, it would be highly appreciated, and make this even more entertaining. Price currently is around $250.

[Melbustus]

Permabull since 2011 here. Risk/reward now seems about what it felt-like to me in early 2012, though I do think cycles are likely to take longer now vs then, since the ecosystem is larger.

And just to be clear, many of us bulls fully ack the risk involved with bitcoin as an investment, and consider it a very high sigma positive expectation position. Actually, it's probably the most asymmetrical opportunity I've seen, by far, that doesn't require the resources/expertise of a hedge-fund operator to actually execute on.

[BillyBobZorton]

Bitcoin will never reach that point again.

You're welcome.


See ya in a few years.

Nice! Posting first so you can be ridiculed to no avail once we break ATH. Of course, you are too much of a coward to come back once you get proved wrong yourself, just like all the FUDsters of your kind. This is why you are nothing, zero. You have no value.

[BillyBobZorton]

You should not delete posts by NotHatinJustTrolling, just to prove my point right: Troll-FUDsters like this guy are only here when the price is low and magically dissapear when we are close to getting an high price again, because their whole existence revoleves around FUDsting, therefore if you eliminate the low price their lifes dissapear as well.

Ok OP, if you truly plan this thread for the 'permabulls' then you absolutely need to instill a few rules:

1)  Delete ALL troll posts or bear posts from this thread (yes NotHatinJustTrollin, I'm looking at you)

2)  Allow for some serious long term positive bull discussion

3)  ADHERE to rule #1

I think you missed this part about OP post:

See you all in a year or few. If any bears would be so kind as to post here saying Bitcoin will never reach that point again, it would be highly appreciated, and make this even more entertaining. Price currently is around $250.

Like I said before, you will not come back so who cares? You will log in again with this account once we break ATH to comfront your own bullshit when you are proved wrong. Bitcoin is never going to die in your lifetime and it will get higher than we can imagine, deal with the facts.

[coinableS]

Permabull since 2011 here. Risk/reward now seems about what it felt-like to me in early 2012, though I do think cycles are likely to take longer now vs then, since the ecosystem is larger.

And just to be clear, many of us bulls fully ack the risk involved with bitcoin as an investment, and consider it a very high sigma positive expectation position. Actually, it's probably the most asymmetrical opportunity I've seen, by far, that doesn't require the resources/expertise of a hedge-fund operator to actually execute on.

This is very true. Bitcoin is very easy to get in on. No minimum deposit requirements, no credit or background checks. If you can figure out how to buy something on amazon, you can figure out how to buy bitcoin at circle or coinbase.

[Chef Ramsay]

Permabull since 2011 here. Risk/reward now seems about what it felt-like to me in early 2012, though I do think cycles are likely to take longer now vs then, since the ecosystem is larger.

And just to be clear, many of us bulls fully ack the risk involved with bitcoin as an investment, and consider it a very high sigma positive expectation position. Actually, it's probably the most asymmetrical opportunity I've seen, by far, that doesn't require the resources/expertise of a hedge-fund operator to actually execute on.

This is very true. Bitcoin is very easy to get in on. No minimum deposit requirements, no credit or background checks. If you can figure out how to buy something on amazon, you can figure out how to buy bitcoin at circle or coinbase.

True but too bad we don't have the problem of the amount of people seeking to make an Amazon account translating into making Coinbase or Circle accounts thus adding to the demand around here. Buy and hold til then w/ maybe a little trading and lending in the mean time.