Please tell me it isn't going to break down towards $2000

Please tell me it isn't going to break down towards $2000...

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not a chance. its going to break up to 1400

It doesn't look as scary when you zoom in a little

still looks dead to me, everyday I'm thinking more and more about if crypto will ever go up again. Sure it'll get a bottom, who knows how low but it doesn't mean it'll go back up again.

See! Very comfy. But yeah we'd free fall pretty hard if it doesn't hold but everyone knows that.

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lmfao are you fucktards really not using a log scale? how do you even see the price movements in that chart

If you think its going down to 2000 just go on bitmex.com and open up a 50x short, you'll be rich by the time bitcoin is 2000

Bitmex would lose a lot of money if it goes straight down like that. They'll keep making small pumps as it continues going down.

>still looks dead to me, everyday I'm thinking more and more about if crypto will ever go up again. Sure it'll get a bottom, who knows how low but it doesn't mean it'll go back up again.

Of course it is. I have absolutely zero doubts that crypto will continue to go up in value. The problem is going to come when there is a divergence between coins that are meant to be a store of value vs stable coins vs dapps platforms. Dapps platforms will go up in value at a greater rate if a super popular dapp ever emerges, which is extremely likely. Then people who hold store of value coins like BTC will get super salty and cry that dapps platforms are not decentralized enough. Then we realize that most humans would prefer a high TPS stable coin anyway because you dont have to stress about losing everything every 5 seconds and if they are located on a dex and have privacy functionality then there is zero downsides to giving up on having a bank account or even bothering to use pay pal.

The real drama has not even begun yet.

been a long time coming

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Bears need to hurry the fuck up and break 5.9k already Jesus Christ its been like 8 months what the fuck.

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twitter.com/Bitfinexed/status/1047244417843834880
>Sells $3000 Tether on Kraken
>Price instantly drops to $0.96
makes sense. Nobody actually buys/sells tether directly with fiat. They only trade it about for other cryptos.

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it's heading to $0 user

>he actually thinks a "dapp" is gonna become popular

Not a chance unless ethereum starts running on natively on phones replacing google and apple

It had 10 months to go bellow 6k why didnt it

soro was the whale supporting it

Looks like a final bottom somewhere in 2021-2022 and a new top of over 100k somewhere in 2028

I was thinking the same thing bottom at 2022

that's a new meme? been seeing it too often now

>Please tell me it isn't going to break down towards $2000...
It will

I swear I've never seen weaker hands

No Arnies here.
We should all aim to emulate Mr Olympias

how could bitmex possibly lose money? wtf is that logic

It's only a matter of time people realize tether isn't worth anything. I'd take 3000 jelly beans over 3000 tether at this point

yeah 1y view looks absolutely bullish

>weeb virgin zoomers speculating the future price of bitcoin
always makes me laugh

Zoom in. Se are going to break $100K way before EOY

MOMMY
i don't want to get a job and work for 10 years

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Why should it run natively? Any app can have a built in wallet.
The bigger concerns are:
>what is the actual usecase
I get that you can cut middlemen out of Uber, airbnb etc. But who is incentivized to develop and maintain the decentralized platform?
>how do you buy the crypto
you can't do it with a credit card anymore. Having to go through KYC on an exchange is too much for the normal person to bother
>once you buy it, how to keep the credit stable
I think now it's actually possible to automatically trade into tether at ethfinex, but haven't actually seen it work yet.

use a log chart

remember goldman 2221$ prediction ? scary huh
don't doubt the jew

Yeah, nothing worse than going sideways for months.

Going to $5,000 sorry frens

i'll leave this here.

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you mean don't trust the jew! right?

>muh

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op, if you asked anyone to draw a line where they think the price would go they would do it to 1800ish

Tether is worth 1 dollar on the internet.

I would draw it to 100k.