Are we finally seeing bitcoin capitulation?

[antimattercrusader]

It's just people panicking and try to guess the bottom. Some capitulation is happening of course but it's mostly panic and speculation.

Now or then?

[wobber]

I just hope people with too much coins offloaded some and they will enjoy cocktails on a beach. We need wealth redistribution more than ever. This crash is good, we need it.

Also, I hope weak hands are shaken out. I'm referring here on weak hands of those guys that took loans, sold their homes, their wifes etc. They don't deserve to be here. There are some buyers that risked, but still holding.

Third, bitcoin looks bad with these crashes, but is also bad with price doubling weekly. Monday morning, media WILL crucify bitcoin so prepare for more. I know there will be a day when those mainstream fuckers won't have any impact on bitcoin.

Until then, holding. I want to enjoy bitcoin at it's maximum, when it's used as currency (skip exchanges and banks), when the network it's so big that even if they ban it we can work. Even if i'll be 100 yrs old

[niothor]

When I saw proudhon, I was like.. wait... he's back on the speculation subform? WHAT? Oh wait, 2011.

I was also quite surprised he predicted we'd see sub $1 prices. Oh, 2011.

Same thing here!.
I was already gonna yell , what are you doing here!!!!

[MikeyVeez]

Good job reviving a 2 year old+ post

[naphto]

60 %
40 %


It is tight

[OgNasty]

Could we finally be seeing the bitcoin capitulation that would signal a market bottom? 

The answer was, "Yes."

[TheFlynn49]

there is a russian saying which describes this situation:

- нac eбyт, a мы кpeпчaeм

which is translated approximately to:

- owned ass makes us stronger

 

I wish I can learn russian someday, but I just realized it needs two levels of translation to be understood...

[gixxerblade]

It's not done yet.

This.