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Author Topic: Will Majority Here Still deny Reality after BTC Collapses? Your Number $5k? $1k?  (Read 160 times)
bitfools (OP)
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December 11, 2017, 06:49:03 AM
 #1

What point will u call bitcoin a collapse? 10% has been normal, now 20%, ...

Just this week 30%,

Slowly the past year has changed rather than the 'V' bounce, now a bounce-back up is uncertain.

Certainly the BTC game has changed.

Also in past when BTC went down, the ALT's went up, now all has gone down, which clearly shows that ppl are pulling back from ALL CRYPTO, this is new.

...

So the question is at what point do people fold here? Just curious

BTC has gone up some 10X year 2 year, and these 'bubbles' are common in all human history, and they always end the same, with the ICON becoming worthless

This time is different is a recurrent  theme, and as always the MORONS are the biggest defenders of BTC

What's certain is that the WHALES want out, and before the selling of 'shorts' today, there was no insurance for an exit, as if you sell $1M in BTC the price will collapse, but now you can buy a short and cover your $1M sale, and if the price collapses you even make more money if your a whale.
davis196
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December 11, 2017, 07:03:39 AM
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What are you talking about?The current bitcoin price acording to preev.com is 16 430 USD.What collapse?
OP,don`t be like the newbies ,who get frustrated every time the price does down with 1000 USD and starts screaming "This is the end of bitcoin!".Bitcoin price will collapse,but we are still far away from this.
I don`t think that the whales will short and "sacrifice" bitcoin only to get some short term profits.

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