Still too many bulltards

[piramida]

So the price falls a little bit and people are losing their bundles in panic.  It appears it doesn't take much to send the bitcoin community in a panic.  Sad.

Define "community" I will start panicking and join the screaming crowd only when the price goes into single digits, just because the infrastructure would be collapsing by then and businesses closing, and that would mean many years of desolation in bitcoin world. Until then, price of a small part of coins traded on a proprietary exchanges is fascinating to observe, but just as an oscillator looking for an equilibrium with a year-wide swings.

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[cbeast]

Is that all you beartards got? I'm buying some now and more after the spike. You make your money when you buy.

[Elwar]

I just can't believe how many bulltards there are. I like this word as it wasn't around in 2012. This is why I think bitcoin still has way to go lower. It is far from the stages of capitulation and fear.

Just read any of the posts, you have most people saying stuff like below. Just read and you will see what I mean.

Great time to buy.
I'm happy that it is this low I can buy more.
I want it to fall lower to buy more.
It will be back above $300 in no time.
Great buying opportunity.

Nobody is talking about the fact that it continues to fall. Just the fact that it is better buying opportunities.

This tells me that we are probably in the Denial stage at this point. People still denying the fact that bitcoin has fallen for over a year and keeps going lower. Denial that bitcoin hasn't reached mainstream even though it was on the news everyday and had its greatest chance to go mainstream.  

I believe there is still so much room to fall. Bitcoin was steady at $10-$13 for a while and it just spiked up too fast.

I personally wouldn't buy bitcoin unless it was priced below $50 dollars. To me it is not worth more than $50 max.

Like I already told you guys. Stop buying bitcoin as an investment to get rich until the price long term stabilizes for over a year or two years. Like it was a great opportunity to buy with it was $12 because it held that price for a long time.

Oh thank you kind sir for saving us all! Oh almighty bear, you are so wise and ever magnificent, what other wise advice do you have for us misguided fools? I am on the edge of my seat waiting for your wisdom.

Should I put all of my dollars under my bed or in my mattress? What is the best fiat buying strategy? Do you know Janet Yellen personally? Do you worship her currency just because she is so hot and you want to get into her pants?

[applesRyummy]

The OP is a beartard. He's fallen for an obvious beartrap.

I wouldn't say this is a beartrap, although I wouldn't say the OP is right either. The $300 level was a major support level and breaking it likely means the short term price is going to go a lot lower from where it is now. I would suspect that the price will eventually spike higher, potentially around the time of the sr trial

[smoothie]

I just can't believe how many bulltards there are. I like this word as it wasn't around in 2012. This is why I think bitcoin still has way to go lower. It is far from the stages of capitulation and fear.

Just read any of the posts, you have most people saying stuff like below. Just read and you will see what I mean.

Great time to buy.
I'm happy that it is this low I can buy more.
I want it to fall lower to buy more.
It will be back above $300 in no time.
Great buying opportunity.

Nobody is talking about the fact that it continues to fall. Just the fact that it is better buying opportunities.

This tells me that we are probably in the Denial stage at this point. People still denying the fact that bitcoin has fallen for over a year and keeps going lower. Denial that bitcoin hasn't reached mainstream even though it was on the news everyday and had its greatest chance to go mainstream. 

I believe there is still so much room to fall. Bitcoin was steady at $10-$13 for a while and it just spiked up too fast.

I personally wouldn't buy bitcoin unless it was priced below $50 dollars. To me it is not worth more than $50 max.

Like I already told you guys. Stop buying bitcoin as an investment to get rich until the price long term stabilizes for over a year or two years. Like it was a great opportunity to buy with it was $12 because it held that price for a long time.

Had to necro posts like this ^.

There are quite a few older posts by Edward50 from 2011 that given even more context to his "calls".

[European Central Bank]

anybody calling anything is deluded but i love threads like this.

i don't think thousands of people around the world are gonna care in the slightest what one little man on here thinks. i hope he found someone who'd accept $50. maybe they felt the same and had some bro hugs about how dumb everyone else is.

[JimboToronto]

LOL Gotta love these hilarious old threads.

Haven't heard from classic fudster Edward50 for a long time. At least Kwuk still keeps trying.



 

[Tzupy]

January 4th 2015, price just dropped to 260$, BFX prices. 12 days later, price dropped to the 166$ bottom. So... this guy was right, there still were too many bulltards!

[The Sceptical Chymist]

Seems like all the bears got run over by the bulls on this forum as of late.  They certainly have gone silent.  And if you think cryptobulltardbangers are bad, you should listen to the precious metal permabulls. They resemble a home for TBI patients,  and I mean no offense to that population.   But it's crazy.