Why I believe a beautiful and very bullish Bitcoin storm is forming

[riiiiising]

To add to Mr. Trollin's comment above, I'd like to cite the old adage, "If you can't spot the bag holder in the room, then it's you."

[Warren Buffert]

markets don't suddenly shoot to the sky out of a downwardstrend, noobs. Especially not after important support was broken and longterm trends.
Is everyone still hodling like jaded gamblers?

Well put. Bitcoin speculation is essentially gambling, which I'm not explicitly opposed to, but it should be acknowledged for what it is. There are a lot of "troubling" signs exhibited on this forum, such as doubling down and chasing losses, which are classic patterns exhibited by compulsive gamblers and it's the way that many lose fortunes.

Personally, when I want to make a bet, I take it to the casino and play some poker, blackjack, or roulette. It's quick, and at least I have a 50/50 chance (or approximate). With bitcoin... the only direction from here is down

[BitChick]

markets don't suddenly shoot to the sky out of a downwardstrend, noobs. Especially not after important support was broken and longterm trends.
Is everyone still hodling like jaded gamblers?

btw: this thread title is pretty gay

Um-  are you saying the title is "girly?"  My name is BitChick.

As for markets not "suddenly" shooting to the sky, I guess you were not around in 2013?  It really did do that even after long and extended downtrends.  Honestly.  Crazy fun times. 

[NotHatinJustTrollin]

markets don't suddenly shoot to the sky out of a downwardstrend, noobs. Especially not after important support was broken and longterm trends.
Is everyone still hodling like jaded gamblers?

btw: this thread title is pretty gay

Um-  are you saying the title is "girly?"  My name is BitChick.

As for markets not "suddenly" shooting to the sky, I guess you were not around in 2013?  It really did do that even after long and extended downtrends.  Honestly.  Crazy fun times.  

We ain't in 2013 anymore darling  

Times have changed. Now the majority of people that COULD be interested in bitcoin have heard about it in some way or another. We even had the "bitcoin bowl" for Christ sake!
Whoever didn't invest by now, is not gonna do it anytime soon.

In 2011 or early 2013 very few people knew what bitcoin was let alone consider the possibility of putting money in it. That was the perfect environment for a successful and profitable pump&dump/speculative bubble to take place.

Now that the media exposure has reached a plateau, no greater fools are gonna gamble putting significant portions of their savings in it.
All the naive "investors" that dreamed of riches late are all bagholding on the bitcoin section on reddit.


Hint: Just because price is still a gazillionX since bitcoin's first trade at mtgox, that doesn't mean that it's not a speculative bubble that is slowly collapsing  

[ssmc2]

look at me look at me

Um-  are you saying the title is "girly?"  My name is BitChick.

As for markets not "suddenly" shooting to the sky, I guess you were not around in 2013?  It really did do that even after long and extended downtrends.  Honestly.  Crazy fun times.  

BitChick, ignore him/her/it and be at peace knowing that's one less poster who's logically fallacious drivel you"ll be exposed to.

 

[insidertradingeverywhere]

markets don't suddenly shoot to the sky out of a downwardstrend, noobs. Especially not after important support was broken and longterm trends.
Is everyone still hodling like jaded gamblers?

btw: this thread title is pretty gay

Um-  are you saying the title is "girly?"  My name is BitChick.

As for markets not "suddenly" shooting to the sky, I guess you were not around in 2013?  It really did do that even after long and extended downtrends.  Honestly.  Crazy fun times.  

i was around 2013 and the market did not suddenly go berserk out of a downward momentum.

Indicators like the google trends were present back then which are clearly not now.

I'm extremely bearish because bitcoin is still in accumulation-mode for the next decade which means it'll come down and hit the bottom to stagnate there for the longterm. God knows what the bottom will be and if it ever recovers. I bet my money on the good alts which are coming out of their accumulation-phase right now. Bitcoin needs another decade. Let it rest in peace.

[JimboToronto]

God or Satoshi Warren Buffett -- which one is the best deity?

The Bible or The White Paper Wall Street Journal -- which one is the best Holy Scripture?

Still drinking the Wall Street Koolade?

Cultists. Sigh.

 

[BlindMayorBitcorn]

markets don't suddenly shoot to the sky out of a downwardstrend, noobs. Especially not after important support was broken and longterm trends.
Is everyone still hodling like jaded gamblers?

btw: this thread title is pretty gay

Um-  are you saying the title is "girly?"  My name is BitChick.

As for markets not "suddenly" shooting to the sky, I guess you were not around in 2013?  It really did do that even after long and extended downtrends.  Honestly.  Crazy fun times.  

i was around 2013 and the market did not suddenly go berserk out of a downward momentum.

Indicators like the google trends were present back then which are clearly not now.

I'm extremely bearish because bitcoin is still in accumulation-mode for the next decade which means it'll come down and hit the bottom to stagnate there for the longterm. God knows what the bottom will be and if it ever recovers. I bet my money on the good alts which are coming out of their accumulation-phase right now. Bitcoin needs another decade. Let it rest in peace.

Bearish on Bitcoin, bullish on altcoins. Sounds legit

[NotHatinJustTrollin]

When fiat collapses bitcoin will be our salvation!

...Too bad scalability and blockchain bloat problems make it impossible for BTC to handle large scale economies  

Woops.

[BlindMayorBitcorn]

When fiat collapses bitcoin will be our salvation!

...Too bad scalability and blockchain bloat problems make it impossible for BTC to handle large scale economies  

Woops.

Is there an altcoin you prefer? Hmm?

[NotHatinJustTrollin]

When fiat collapses bitcoin will be our salvation!

...Too bad scalability and blockchain bloat problems make it impossible for BTC to handle large scale economies  

Woops.

Is there an altcoin you prefer? Hmm?

No, there isn't.

Therefore we should all adopt right now something we all know (but not everybody wants to admit?) can't work as a global currency.

#Logic

[BlindMayorBitcorn]

When fiat collapses bitcoin will be our salvation!

...Too bad scalability and blockchain bloat problems make it impossible for BTC to handle large scale economies  

Woops.

Is there an altcoin you prefer? Hmm?

No, there isn't.

Therefore we should all adopt right now something we all know (but not everybody wants to admit?) can't work as a global currency.

#Logic

Pft. Leave the hashtags on Twatter where they belong

[jt byte]

"Bitcoin is digital money as it was meant to be."

not forget

[Christ is King]

Keep the faith, bitcoin will surely rise again.

Wait for the LORD and keep his way, and he will exalt you to inherit the land; you will look on when the wicked are cut off. --Psalms 37:34 

Bitcoin is the currency of tomorrow, today... for the people, by the people.  Do not listen to wicked trolls, they plot and scheme to betray our mission.

[piramida]

Keep the faith, bitcoin will surely rise again.

Wait for the LORD and keep his way, and he will exalt you to inherit the land; you will look on when the wicked are cut off. --Psalms 37:34 

Bitcoin is the currency of tomorrow, today... for the people, by the people.  Do not listen to wicked trolls, they plot and scheme to betray our mission.

amen brother.

[NotHatinJustTrollin]

Keep the faith, bitcoin will surely rise again.

Wait for the LORD and keep his way, and he will exalt you to inherit the land; you will look on when the wicked are cut off. --Psalms 37:34 

Bitcoin is the currency of tomorrow, today... for the people, by the people.  Do not listen to wicked trolls, they plot and scheme to betray our mission.

amen brother.

[Bit_Happy]

The "perfect storm" is right in front of your eyes. Anyone not buying BTC under $300 is going to miss a great chance to own more Bitcoin.

[piramida]

Keep the faith, bitcoin will surely rise again.

Wait for the LORD and keep his way, and he will exalt you to inherit the land; you will look on when the wicked are cut off. --Psalms 37:34 

Bitcoin is the currency of tomorrow, today... for the people, by the people.  Do not listen to wicked trolls, they plot and scheme to betray our mission.

amen brother.

I guess that picture applies to you then.

[pa]

The "perfect storm" is right in front of your eyes. Anyone not buying BTC under $300 is going to miss a great chance to own more Bitcoin.

I agree. It's going to shock almost everyone when it happens.

[N12]

Remember when your friend had a vision from God to buy Bitcoin and I commented that maybe it was actually Satan? So, now that all this havoc was wreaked, was it really Satan now?

A friend of mine, whom I told many months ago about BTC, said she was praying and God told her, and it appears with a feeling of urgancy, to invest in Bitcoin.    Now that is bullish news!   

Perhaps God intends to teach your friend a lesson about greed. 

Perhaps it was really Satan.

Discernment is an important gift. But I get your point.

Please respond! I need a resolution!