We finally reached disbelief

We finally reached disbelief

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we are at anger

Heading to depression. At least I'm depressed.

Zoom out. We are at anxiety.

*again for the 579th time this month

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i think you are actually right

Your post itself is an example of denial.

Looooooooong way down still to go on this one, loser.

We are just reaching denial

>Moving on from "First sell-off" meme to "Disbelief" meme

Literally all ICO's in the market are still overpriced and the hype is over. They all have to cash out their ETH to even pay the rent on their overpriced offices. Almost none of them have a product anyone in the real world will pay money for.
They can't simply die fast enough to make way for the new generation of scamcoins.

coinmarketcap.com/historical/20140907/

yesterday was panic.

We are at Complacency you fucking idiot. Target still remains 1400 USD by Mid-2019

>implying the same thing didn't happen in the dotcom boom and crash that spawned all the hyper-rich tech giant companies

We are at Anxiety

nah we ate depression I think

seriously who the fuck is this guy?

This is still complacency

He's the guy trying to save people from making a huge mistake.

There's a mountain of bullshit to shovel away before crypto finds the bottom. That's years away, if ever.

Still in the complacency phase for sure.

>Looooooooong way down still to go on this one, loser.
>9 months of bear market
>Down more than 70% from ATH
>"Yeah, we still have a LOOOOOOOOOOONG way to go guys. LOOOOOONG way."

If you are one of these brainlets who still thinks that there's still a "long way down to go", or that BTC is going to go to $1-2k, then what you are really saying at this point is that crypto will fail.

>denial

>t. ATH buyer who calls 6k the bottom to cope with his massive losses

Crypto ultimately wont fail, but these crashes come with the territory of a hype based, largely unregulated market.

There's more pink to come.

BTC was at that level less than 2 years ago. Did you think it was going to fail then?

Your perspective is warped. Emotion has short-circuited your brain.

As long as people like you are still ramping, this sucker will carry on falling. Only when your kind go quiet will it turn (if ever).

Oh fuck I think you're right. This dip is indeed takong longer than expectet. If you look at last year, the graph is not going up. We are late for the christmas bubble. The bulls won't come.

Our only hope remains the holy link.

I think we're at anger or depression, these people calling 2k just seem like idiots. Maybe I'm wrong.

It won't reach 1k that would unironically end Bitcoin and every single alt-coin, but I can see 4k happening

Approaching euphoria.

It was at 1K less than 2 years ago. Why would going back there make it fail?

Because Bitcoin never reached lower than the previous ATH during a crash, going back to 1k would make the previous ATH of 2013 worth more since it reached 1200$.

IMO if it happens it just implodes and could go back even to 100$ since people would completely lose faith in blockchain technology or an alternative currency, but that's just my opinion lol

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Because it would be the worst crash in Bitcoin history by a large margin

Why would even going to $100 kill it?

It has no yield, it's linked to nothing real at all.

Why does any number, big or small, do anything to it (apart from alter sentiment)?

Why would the worst crash happen when btc is in the best place it has ever been in

I hope so. I am in fucking disbelief.

Because sentiment is what makes sustains this abstract market, Bitcoin crashing to 1k would be -94.5% from ATH . It would be the biggest crash in BTC history and there would be nothing that would drive the price up

As I said people would completely lose faith in it including many early adopters (if you consider 2013 early) both as a fungible currency and as a "store of value"

Because miner won't continu less then 5k you dumb ass

Bitcoin being at 1k would drive the price up you fucking brainlet stop posting in this thread you entered this market last December and now you suffer. gtfo

Except this time various governments were responsible for this happening.
Anyone remember that fat old congressman saying he didn't want young people trading in their pajamas? He went to the 5 eyes and told them to suppress the market.

driving the price up without any miner validation transaction cool

Mining increases supply, nothing more. How does reduced supply kill BTC?

miners stop mining, difficulty decreased, miners start mining again. you don't understand anything

validating*

Then why has a 70% fall not killed it? Does a 95% fall have something 70% doesn't?

20k to 1k would be a 95% crash, it'd be the worst crash in the history of Bitcoin

so who exactly mined bitcoin during the first years? huge asic mining farms in china, canada and iceland? No you brainlet. Some neets from home mined. Read the fucking whitepaper and learn about the technology you invested in. There is no need for commercial miners. You just need a few people with a shitty computer to fuel the network

>Bitcoin being at 1k would drive the price up
This is next level delusion, if BTC reaches 1k there will be no new ATH. The game is over

You sound pretty depressed.

>blockreward goes back up too
Kys