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Question: Do you believe there will be a new ATH sometime in the future
Yes - 49 (80.3%)
No - 12 (19.7%)
Total Voters: 61

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Author Topic: There will be another ATH....just shut the fuck up with the doom and gloom  (Read 2142 times)
Dafar (OP)
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June 04, 2015, 01:45:47 AM
 #1

I love how this 18 month bear market has convinced everyone that the current price / market cap is reasonable for something as innovative, disruptive and useful as bitcoin is for how the world deals with payments. A $4B market cap is a drop in the bucket. With all the positive developments and investments going on into making bitcoins more useful, there is no way in hell this tiny ass market cap can keep up with the demand. It may take another year or 10 years, but we will definitely see another ATH




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necrita
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June 04, 2015, 01:48:09 AM
 #2

Bagholder confirmed
Dafar (OP)
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June 04, 2015, 01:56:40 AM
 #3

Bagholder confirmed

Hey dickhead, I'm only down 20%, which I'm not worried about by any means because I know btc is severely undervalued right now. The only thing I would be worried about is something unexpected and catastrophic happening that no one can predict. Otherwise, bitcoin is progressing fine and even better than most expected, except for the current price, which is why I think it's undervalued.

I'm sure I have way more btc than you so if that's what you call a bagholder then so be it. Come back to me in a few years




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HeliKopterBen
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June 04, 2015, 02:02:19 AM
 #4

Yep.  People have completely forgotten what it's like to experience a bitcoin mega-rally.

Counterfeit:  made in imitation of something else with intent to deceive:  merriam-webster
knight22
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June 04, 2015, 02:15:38 AM
 #5

Fear will turn to greed. It's the circle of life  Grin

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June 04, 2015, 02:18:00 AM
 #6

Fear will turn to greed. It's the circle of life  Grin

How ?

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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June 04, 2015, 02:21:45 AM
 #7

Fear will turn to greed. It's the circle of life  Grin

How ?


Dafar (OP)
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June 04, 2015, 02:27:36 AM
 #8



fuck off with this generic bullshit




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goxed
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June 04, 2015, 02:52:52 AM
 #9

Bitcoin rallies are worse than a sniper. It lurks around until the last moment, and takes out shorts by the dozens.

Revewing Bitcoin / Crypto mining Hardware.
knight22
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June 04, 2015, 02:56:10 AM
 #10


fuck off with this generic bullshit




Generic yes but still accurate.

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June 04, 2015, 08:00:56 AM
 #11

it will happen definitely(all the recents good news are telling that), but the question is, can you wait until then? even if it drop to sub 100? many will dump long before that, there is no patience here anymore, like in the good old days, where the rising was essentially mandatory and expected by anyone, fudsters/trollers/ and dumper included
Fabrizio89
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June 04, 2015, 09:01:25 AM
 #12

I'm sad for you man, you shouldn't invest that much in such a risky environment.
eerygarden
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June 04, 2015, 09:21:47 AM
 #13

ATH = ?
Amph
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June 04, 2015, 09:29:48 AM
 #14

ATH = ?

all time high, 1200(well was not exactly 1200, but around that, i don't remember the exact number...) is the ath for now
LFC_Bitcoin
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June 04, 2015, 09:42:34 AM
 #15

I think it's almost certain we'll experience another ATH, it's not a matter of if but a matter of when imo.
Bitcoin is too useful to die, we're inching further forward every few months into mainstream acceptance/regulatory wise.
The NYC Bitlicense should give big players confidence in bitcoins legitimacy, once the Winklevoss's ETF & exchange gets approve it could be the spark that send us up.
I'm confident that bitcoin is an incredible investment, one day a single bitcoin will be worth upwards of 10,000 USD.

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Dafar (OP)
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June 04, 2015, 01:09:01 PM
 #16


fuck off with this generic bullshit




Generic yes but still accurate.



So the greed phase keeps repeating, and thus we can expect to see another one. Thanks for proving my point?


it will happen definitely(all the recents good news are telling that), but the question is, can you wait until then? even if it drop to sub 100? many will dump long before that, there is no patience here anymore, like in the good old days, where the rising was essentially mandatory and expected by anyone, fudsters/trollers/ and dumper included


If anything people are more patient than ever now since we are still deep inside the longest bear market anyone has ever seen in bitcoin.

And are you saying everyone expected a "mandatory price rise" back in the day but now it's different? How the hell does that make sense.... back in the "good old days" people weren't even sure if bitcoin would take off and get public recognition, they weren't even sure if bitcoin would be legal in the US, the overall investor and VC/startup activity was not anywhere near as close to what we have now. So how the hell are people more pessimistic now than they were back then?




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June 04, 2015, 01:26:23 PM
 #17

yup. 2 years, $4Billion is peanuts.

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June 04, 2015, 01:34:36 PM
 #18

If anything people are more patient than ever now since we are still deep inside the longest bear market anyone has ever seen in bitcoin.

And are you saying everyone expected a "mandatory price rise" back in the day but now it's different? How the hell does that make sense.... back in the "good old days" people weren't even sure if bitcoin would take off and get public recognition, they weren't even sure if bitcoin would be legal in the US, the overall investor and VC/startup activity was not anywhere near as close to what we have now. So how the hell are people more pessimistic now than they were back then?

bear market, aka shorters, isn't exactly synonymous with patience, if there was truly patience then the price would still be at half of it's peak, and waiting for the next pump to happen

and for the second point...simply because the price was much lower, even a puff, would have rised the bitcoin price, this is why i said it was mandatory, everyone was expecting it, now not everyone is expecting the rise
Dafar (OP)
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June 04, 2015, 01:52:17 PM
 #19

If anything people are more patient than ever now since we are still deep inside the longest bear market anyone has ever seen in bitcoin.

And are you saying everyone expected a "mandatory price rise" back in the day but now it's different? How the hell does that make sense.... back in the "good old days" people weren't even sure if bitcoin would take off and get public recognition, they weren't even sure if bitcoin would be legal in the US, the overall investor and VC/startup activity was not anywhere near as close to what we have now. So how the hell are people more pessimistic now than they were back then?

bear market, aka shorters, isn't exactly synonymous with patience, if there was truly patience then the price would still be at half of it's peak, and waiting for the next pump to happen

and for the second point...simply because the price was much lower, even a puff, would have rised the bitcoin price, this is why i said it was mandatory, everyone was expecting it, now not everyone is expecting the rise


True




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jaredboice
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June 04, 2015, 01:57:09 PM
 #20

Bagholder confirmed

Perma Bear Troll Confirmed.  ignored.  No time to read persistent negative comments on Bitcoin from someone who continues to come back to a forum dedicated to Bitcoin. Agenda Confirmed. Loser Status confirmed
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