Bulls are Retarded

[jakagintiri]

It cannot be predicted exactly but this low price still can be one of the targets for buying and investing by various people and not only in certain places/countries. The market is very easily influenced by various things and still has a high chance to moving better.

Yes, right, because investing is not a quick way to make a profit, it takes years. So in the current case the price of Bitcoin is down, so we can buy and hold for at least one year. Because Bitcoin takes 4 years to see prices touch the moon.

[Mpamaegbu]

While the OP may have some salient and valid points he sounded like an all-knowing demi god with that familiar arrogant stench. His reference to all bull believers as morons is overboard and that throws up that question of "how much worth of Bitcoin does he even have?" to think he is above that insult he lashed out. Harsh words as the OP has used is uncalled for in a community that aspires for the good of the industry.

[jeromix]

You are right how could the people expect bull run all of them are thinking about this and just want to earn in.cryptocurrency in their trading activities? They are just telling everyone to hold and let them do the trading so that they can earn better than the one that is only holding crypto.

[Biscutard]

While the OP may have some salient and valid points he sounded like an all-knowing demi god with that familiar arrogant stench. His reference to all bull believers as morons is overboard and that throws up that question of "how much worth of Bitcoin does he even have?" to think he is above that insult he lashed out. Harsh words as the OP has used is uncalled for in a community that aspires for the good of the industry.

Let the man speak up for his words, not all of them have the same thoughts as OP and he has some points on that. If you come to think about it, about of those prediction geniuses out there that think too much away from the box. You will be amaze of how they managed to make up all those thinks and later on you will just going to laugh at them because they are way too far from the future.

[Moshaid]

I appreciate the fact that you're able to point out some interesting fact on the things surrounding bitcoin. I'm really touched with this short post of yours and enlightened. Hopefully others can blend with this also.

[Capt00]

Bulls are retarded? I don't think so maybe that is a part of crypto and blockchain technology that can manipulate the market with whales and hopefully they tired of doing that. Helping each other and holding bitcoins as much as we can that probably contribute the market to make a bull run again and avoid panic selling.

[Distinctin]

Bulls are retarded? I don't think so maybe that is a part of crypto and blockchain technology that can manipulate the market with whales and hopefully they tired of doing that. Helping each other and holding bitcoins as much as we can that probably contribute the market to make a bull run again and avoid panic selling.

People are retarded because they are the one who make the bull run, lol.
You are right, it's manipulated from the start so the volume keep rising and those new investors who think this is not gonna go down
anymore, they put their money thinking they can make easy and fast return, but they did not realize that correction can happen anytime.

[wahyu wida]

Bulls are retarded? I don't think so maybe that is a part of crypto and blockchain technology that can manipulate the market with whales and hopefully they tired of doing that. Helping each other and holding bitcoins as much as we can that probably contribute the market to make a bull run again and avoid panic selling.

I don't think they will be tired of doing that, but with the increasing number of different investors it will make them difficult to manipulate the market, and after that they make news a panic

[PMmesexycoins]

Could happen they know however unlikely, or even crazy such an event would be, and by no stretch believe it themselves. Instead, they simply want to use it to promote their coins. Trying to profit from people buying after them as the prices are pushed upwards.

[Semosuchi Tesongrato]

It's not just bulls or bears, it's about believing in a particular future.
Satoshi's vision was above all that of a world free from the arrogance of the banks, the invasion of the state, the economic frontiers.
This is independent of the bicoin listing.
If we can really create this world, and believe it, value itself becomes irrelevant.

[dodgrad]

I think that the delayed reaction to market correction does not mean that bulls are retarded. There is still a very high risk that the bottom has not been found and prices may go down even for a few weeks.

[biskitop]

in essence, bitcoin does not yet have functional value for goods or services, and not even bitcoin is used for payment. it only takes place in the market, where people buy then hold back to get profit. This is quite reasonable, and I agree with you that bitcoin will be difficult to increase its value if it continues to survive like this. this is the same as the same mistake that continues to be repeated and hopes for a significant increase.

[ethereumhunter]

I think that the delayed reaction to market correction does not mean that bulls are retarded. There is still a very high risk that the bottom has not been found and prices may go down even for a few weeks.

It might be true, but I hope that the bottom price was already found in the December 2018-February 2019 so we all only need to wait the bull comes. But it's the only prediction that could get wrong because I don't know when it's happening, and I think other people don't know too. We could only enjoy the ride and make a buy and sell if necessary.

[fauzan Ichsan]

I think that the delayed reaction to market correction does not mean that bulls are retarded. There is still a very high risk that the bottom has not been found and prices may go down even for a few weeks.

It might be true, but I hope that the bottom price was already found in the December 2018-February 2019 so we all only need to wait the bull comes. But it's the only prediction that could get wrong because I don't know when it's happening, and I think other people don't know too. We could only enjoy the ride and make a buy and sell if necessary.

right, I hope that is true, where the lowest price has been reached and just waiting for the right time to sell. at least predictions from experienced people will be more useful especially building our psychology to remain patient

[boty]

I think that the delayed reaction to market correction does not mean that bulls are retarded. There is still a very high risk that the bottom has not been found and prices may go down even for a few weeks.

It might be true, but I hope that the bottom price was already found in the December 2018-February 2019 so we all only need to wait the bull comes. But it's the only prediction that could get wrong because I don't know when it's happening, and I think other people don't know too. We could only enjoy the ride and make a buy and sell if necessary.

some time ago there was very much bad news and fraud that occurred in the world of bitcoin so that many traders panicked and preferred to sell their assets to secure their assets but now I'm sure in the course of 2020 the price of bitcoin will be very expensive.

[joromz1226]

As the title says, I firmly believe that Bitcoin bulls have something wrong with them. Now, I don't actually mean the insult. What I mean is that people who are hoping the price shoots up to $100,000 are morons.

They have no regard for the market cap

People who say that it'll shoot up to $100,000 have no concept of market caps and size. They seem to think that since a bubble happened two times, it will happen again.

You should be able to differentiate between a $1,000,000 marketcap and $1 trillion market cap. Most Bitcoiners are unable to do so. They believe in it rising to infinity and beyond because of previous movements.

That's not how the market works, dummies!

They're not concerned about actual usability

The last time Bitcoin shot up in price, any transaction cost $50 to do. A big speaking point for Bitcoin used to be that you could do small transactions for virtually no cost. This all changed once it shot up.

The ethos suddenly changed to being that Bitcoin should only be for large payments only. $1-2 payments shouldn't have any consideration.

When there are $50 fees, there will be less incentive to move money around, slowing down the Bitcoin economy. If there's no circulation and flow, how can Bitcoin be considered a currency? That leads me onto my next point...

Bitcoin is something speculators use to bet against other speculators

A high price is attractive for those in the game only. It doesn't help expand worldwide coverage. It's a turnoff, actually.

Who are the ones profiting from Bitcoin? It's the speculators.

When I look at Bitcoin from a practical point of view, I don't see $1 trillion worth of goods and services being passed through it. Russia and Australia have an economy of $1 trillion. Their total population can collectively only produce $1 trillion in value. What can Bitcoin do? Not even 1/50th of that.

If you have any "rebuttals", fire away.

Before anything else we had our own opinion or giving any speculation about what we want to say.
You know what, no offense okay. Bulls are not retarded, for what is happening now in the market for me was just a normal thing.
Isn't hard to understand that bitcoin is volatile, that's why it called unpredictable which is there is no fix amount of price to all
crypto and bitcoin. I think you're reason was the one who is retarded dude.

[daarul50]

I agree with some opinions regarding market capitalization and speculators. But there is a prediction made by some speculators that are very reasonable and acceptable. I do not side with anyone and do not position myself anywhere. Indeed, I roasted people who were in a circle and hoped that bitcoin could achieve fantastic prices that were a fool because they did not see the facts from the crypto market at all.

[Defender3301]

As the title says, I firmly believe that Bitcoin bulls have something wrong with them. Now, I don't actually mean the insult. What I mean is that people who are hoping the price shoots up to $100,000 are morons.

They have no regard for the market cap

People who say that it'll shoot up to $100,000 have no concept of market caps and size. They seem to think that since a bubble happened two times, it will happen again.

You should be able to differentiate between a $1,000,000 marketcap and $1 trillion market cap. Most Bitcoiners are unable to do so. They believe in it rising to infinity and beyond because of previous movements.

That's not how the market works, dummies!

They're not concerned about actual usability

The last time Bitcoin shot up in price, any transaction cost $50 to do. A big speaking point for Bitcoin used to be that you could do small transactions for virtually no cost. This all changed once it shot up.

The ethos suddenly changed to being that Bitcoin should only be for large payments only. $1-2 payments shouldn't have any consideration.

When there are $50 fees, there will be less incentive to move money around, slowing down the Bitcoin economy. If there's no circulation and flow, how can Bitcoin be considered a currency? That leads me onto my next point...

Bitcoin is something speculators use to bet against other speculators

A high price is attractive for those in the game only. It doesn't help expand worldwide coverage. It's a turnoff, actually.

Who are the ones profiting from Bitcoin? It's the speculators.

When I look at Bitcoin from a practical point of view, I don't see $1 trillion worth of goods and services being passed through it. Russia and Australia have an economy of $1 trillion. Their total population can collectively only produce $1 trillion in value. What can Bitcoin do? Not even 1/50th of that.

If you have any "rebuttals", fire away.

Quite an interesting situation. Many people see in cryptocurrencies only a way of earning and not its direct purpose. And to think that the bubbles will always inflate very silly. As for capitalization, you are certainly right, but do not forget about the "demand / supply".

[cryptjh]

yes it was near impossible to send bitcoins back in december 2017 and jan 2018, the fees was enormous. But many things have happen since, the Lightning network are still growing and it should be able to keep the transactions fees down next time we get to a bull run. I agree that a $100.000 bitcoins are far away, but it is possible that we will see that price in the future.

[ethereumhunter]

I think that the delayed reaction to market correction does not mean that bulls are retarded. There is still a very high risk that the bottom has not been found and prices may go down even for a few weeks.

It might be true, but I hope that the bottom price was already found in the December 2018-February 2019 so we all only need to wait the bull comes. But it's the only prediction that could get wrong because I don't know when it's happening, and I think other people don't know too. We could only enjoy the ride and make a buy and sell if necessary.

some time ago there was very much bad news and fraud that occurred in the world of bitcoin so that many traders panicked and preferred to sell their assets to secure their assets but now I'm sure in the course of 2020 the price of bitcoin will be very expensive.

That was bad for them if they sold their bitcoin because of panic because they will be disappointed when they know bitcoin price can increase higher. But maybe their decision to sell the bitcoin at that time was good because now, they can buy bitcoin at a low price and maybe they can get much bitcoin depends on the last year.