Bitcon tulip bubble bears unite here! Bear discussion only.

[shoeshineBro]

Can we speak freely, or is this a censored board?
Mods, I will gladly edit anything that is bad tOS, but I want to discuss BTC aftermath with other seasoned minds.

Let's talk.  

If you never liked Bitcon, this thread is us.   I always saw this as a total bubble 2.0
You knew these CluckCoin ICO's were a money grab.      
Pure tulip mania with celeb rappers and everything.
PT Barnum lives on!

Face it, part of me is vindicated after being called old-economy fools
who were status-quo dummies using cash and "outdated "credit cards
Well, I don't feel dummy now?

All these genius SV tekkie podcasters touting the future.  How they were going to leave all the old economy Luddies behind.
Where are all these smug 25 year olds now? Welcome to grown up, your first bear market, kiddo.   Hodl new global economy!
Wealth building is more complex than buying tulips, ain't it, son?

In 2017, you came here to see what kind of suckers were buying Bitcon (clueless naive retail investors)

In 2018, you are here again to see the .com aftermath play out again, as the suckers will HODL to $0.
(I will not sell at anything below $20k!!)  Those of us who have seen bubbles past have seen this thinking over and over.
It never ends well.    

We can agree that Bitcon is a failed technology.  
9 years, and it has basically zero adoption.
No one uses Bitcon after 9 years.
Why? B/c its a joke.  
Slower, more complex, and more costly ($50 a transaction!)
Anyone who thinks Bitcon will get adopted does not have the first clue about how technology works

We can also agree that Bitcon is also a failed speculative vehicle.
It is 80% off the high.  
The public will never pile in with FOMO again.
So, it's game over.

Replace the USD Fiat?  LMAO.  
Clueless investors who think they understand monetary policy by reading a Wikipedia page.

What were some of your favorite Bitcon memes?
Let's hear some stories you've heard of.

[longyenthanh]

I'm not sure if what you wrote is just a trolling, or really your knowledge is so little.. 
Adoption Bitcoin is constantly moving forward and developing, every day new websites and ground-based points accept BTC as a form of payment. Bitcoin is still far from the mainstream, but we know very well that the adoption process is always very long.
When it comes to the last price drops, you should know that Bitcoin has already "died" at least a dozen times. So this is not the first, and not the last time when we will see similar situations.
Replacing of fiat currency probably will never happen - on financial market is enough place for fiat and for digital money.

Take it easy bull run sooner or later will come

[shoeshineBro]

I'm not sure if what you wrote is just a trolling, or really your knowledge is so little.. 

I have been investing longer than you have been alive.
My knowledge of trading dwarfs yours. 
You have no idea what you don't even know.

There are 100's of other threads where you can talk about how Bitcon is great.
This thread is for people who knew that Bitcon was a tulip scam,
and that people would lose a lot of money buying into the myth.

We can now discuss how we were right all along.

[Anti-Cen]

Lots of censorship going on here, shows how desperate they are but it's even worse in the software section of the forum.

Many of the natives who call themselves "Investors" won't even know the tulip story and are all to happy to see lead weights
put on many of the new threads here because half the posters here are bots looking to gain advert impression from the adverts
they all put in the footer of there posts.

Me is a honey bear, lots of honey for me after I jumped out as the price went below $18 but I should had got out just a few days
earlier after "Virtually free fees" hit $55 per transaction ten months ago buy who's perfect.

Buzzz, buzz, buzz, splat and that was a honey bee just got splattered after it came after my honey 

[mekie]

It does at the moment show some similarities to the tulip bubble and the south seas island bubble, but stock markets have crashed before and many businesses have survived and prospered having weathered the storm, I think bitcoin is slightly different to the other bubbles as by its very nature it is a technology that can be developed and grow and have many uses. Only time will tell.