Face up to reality: The game is over

[HalseyBert]

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

Lol not at all. The game has begun. How can you say it is over this soon? If people like you exist in this market, then everyone should think that Crypto will be over soon. Look at the coins like PRG, which have just started and are rapidly growing. They are coming with new projects, which are definitely worth taking a risk for and staying in the market.

[HaddenChapman]

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

Why would you even think like that? Crypto is a fluctuating market and it can never be over this soon. TAU for example, is a great coin and is good for long-term investments. It shall keep growing in future if the team efficiently follows the roadmap.

[botkiller]

I don't think so, Because blockchain a good technology in future, the game has just begun. We will see more interesting price in few years!

[RawDog]

I don't think so, Because blockchain a good technology in future, the game has just begun. We will see more interesting price in few years!

Blockstream and Lightning fucked it all up.  Mike Hearn was right.  You didn't have to be a genius to know the end would come this way. 

[blackandred]

I have experienced four big drops since I am into cryptocurrency. After every drop the price raised a lot and it went higher that it was before. I don't think the game is over now

the market always falls or rising . researching the historical data of bitcoin , the current bear market is nothing special . we will soon return to the bull market .

[Rakesh_alejandro]

We have not even seen a fraction of blockchain technology's potential yet so I think that cryptocurrencies are only just beginning to change economics and finance as we know it.

I think There are not many advantages in the IMO market today, not in bitcoin. I just hope everything is separated, I can not bear all the coins tied to the BTC price.
So yes those who say "This is finally! Bitcoin will be 0" is ridiculous and on the other hand those who say "Bitcoin will be 100k!" equally silly - people like to buy goods with FIAT, there will be many people who want to sell long before that. I've taken 90% of my holdings back into my bank account including some nice profits that would be equivalent to several years of mortgage payments and I do not regret it. I might buy back when I'm sure this is not nonsense.
People are extreme on both sides of the fence. Personally I think we've seen pretty much the end of explosive bitcoin price growth. I think like many others it will fall more (even up to 6k). It could not be that eventually. I suspect it will recover. over a long period of time when people start getting impatient and selling their coins.

[Daniel91]

I don't think that game is over
If you study btc history you will see that something like this, big btc price drop, already happened many times before.
Every time people predicted that ''game is over'' or that bitcoin ''is death'' but bitcoin recovered each time.
It's market and price always going up and down, nothing unusual or strange about it

[KingOfWinterfell01]

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

Too early to tell. The party is only over when the masses have finished buying themselves bulks of bitcoins. The game is over when the whales have finally sold all of their bitcoins. Right now, were pretty much far from over and my friend, you can always claim the party is over, well, for you.

[Grayy]

The game cannot be over while people are still interested in bitcoin. The game cannot be over while people need to send bitcoin urgently and immediately to other people overseas with very little cost. Bitcoin survived when no one was a whale. What makes you think that bitcoin won't survive when whales pull out? People may just be creating threads to cause FUDs, get people to sell low, while they buy the dips. Everyone should be on the alert to avoid being lured into selling cheaply.

[Nelly.G0211]

there are so many threads dedicated to the end of some game or the death of crypto. I have a question for you: why are you still there? to warn others about the end? well, thanks for sharing. But aren't you just wasting your time? By the way, you can write somewhere else and about something else , that is not so very dead, like bitcoin, blockchains or just crypto in general. Write about politics or world hunger. Maybe it will be more useful. I don't mean to offend anyone here, just can't see any sense in such a wasting of time.

[Phlaser]

Take time to ask yourself that "who are those buying Bitcoin now?" Trust they are not just throwing their money away! So how can you claim it's the game is over when there are people willing to buy your Bitcoin at a cheaper rate?!

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

[muzica0519]

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

I don't think so, when those whales starts to buy bitcoins again then it would be the time that it's price will grow. Do no worry of this drop yet because it also happened before and the price will strike back hard again.

[Notrem]

Everything is more than good at the moment, there is NOTHING to be worried about because this crash was more than obvious supposed to happen, so do not cry now.

[gwyncox.81]

There is something true in what you say, but not as you think.We should lead these newbies to take care more of the system than scaring them away to sell their coins and let whales benefit more for their emotional imbalance due to these kinds of posts. Just saying, respected your view.

[cavaBcoin]

I don't think that game is over
If you study btc history you will see that something like this, big btc price drop, already happened many times before.
Every time people predicted that ''game is over'' or that bitcoin ''is death'' but bitcoin recovered each time.
It's market and price always going up and down, nothing unusual or strange about it

Never do I think that the game is over. As we can see, after so many dramatic drop, always bitcoin got a recovery. When it comes to bitcoin, undoubtedly bitcoin is extremely volatile, especially it’s never in dip forever because it had showed clearly that it had a rise again, and now it's not the first time bitcoin got drop. Don’t you think that while you’re still here for reaping a big fruits, you should think positively, perhaps you should have expectation so that  you will not waste your time uselessly.

[LeGaulois]

About 5 years ago the price went down from $1000 to $250, see where it is today. So what? As you can see it's not because the Bitcoin price goes down to 70% that it means the party is over. Bitcoin started to be mainstream only 2 or 3 years back maybe and the project is 10 years old. So give it time and have patience

[Soneo]

Yes this is true with bitcoin. Moreover this year if bitcoin is going down then I'm sure that ETH and alts like LTC, XRP will come up for sure. I guess it is not the first time that they play this game. This is actually what has made them become bigger and bigger whales BTW...

I think If everything is just a matter of its development then we have all the alternatives available and talking about their whales will never let their investment go down that way. I'm sure you're on the wrong storyboard and the bright things have not come yet
What's more this year if bitcoin goes down then I'm sure that ETH and alts like LTC, XRP will come up for sure.

[cryptogirlboss]

it’s been said so many times that bitcoin is dead and bla bla bla

at least more than +200 times on media and websites

market is very bearish but as always its about cycles and waiting for the bulls

[winterland]

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

They say the same all the time that whales are selling their coins and yet each time we look at the whales they are bigger and have more bitcoin at their disposal, it is people like you who are feeding them by selling your coins at these incredible low prices, the game is over that is right, but for people like you who do not really appreciate bitcoin and its huge potential.

[Froloff92]

Not necessarily true frankly speaking, your point of view is very logical but cryptocurrency has always known severe drops but the price raised back again and increased in value so you can't really know what's happening but I ensure you its not the end.