Even though many people are down 50-80% on their investment we haven't hit capitulation yet.
>Everyone saw bitcoin 20x in 2017
Being down 50% on your investment is nothing when you believe that if you just HODL it will 20x on the next bullrun. This is why capitulation hasn't happened. Until we see people realizing their losses by selling and claiming to "be done with crypto forever" we aren't at capitulation.
Even in this bear market I see tons of optimism on social media. Maybe once we fall below the 5800 support capitulation will finally happen and we have a mega drop to 3k or lower.
Im 80% down and I already capitulated but not selling cuz not giving shit might as well go down to 100%
Grayson King
uhm. most people did sell and went out breh.
Nicholas Carter
Is it Capitulation if you don't sell? You are still holding on to some hope
Colton Harris
this is why crypto keeps going up long term. enough new people who bought in each new speculative wave and are willing to hodl to zero. pair that with limited supply and you have a natural ponzi that will not be stopped
Brayden Morales
>just HODL it will 20x on the next bullrun lol
Camden Kelly
Yeah I have given up and moved on. Invested the money with a plan, it didnt work. But selling at 80% loss would make me feel a lot worse then waiting for an actual zero and knowing that I tried until the end. Seriously tho, I have capitulated... in a way. Just fuck crypto. At this point I will be very happy to see it die.
Justin Russell
We're in capitulation now... this board is so dead. Not everyone's going to post and bitch about losing their money, most will sell and leave quietly.
Luis White
A bullrun that never comes
Isaac Rogers
this
so many people are here, alts have capulated for sure.
btc is at/near it's price floor (production cost)
why people sell now I have no idea....
Aaron Carter
We aren't in capitulation until BTC dominance goes back to ~70% and most '17 fags sell their shit. Bottom will be $2.5k btw.
Joshua Campbell
you bears never learn sad
Ryan Garcia
Only people down by 80% are December bullrun faggots
I am still +40% in profit. Nowhere near my ATH but can't complain really.
Samuel Carter
Following your logic everyone is better off selling right now and buying back in at your prophecy bottom
Christopher Adams
Wow you are so great. Why didnt you sell yet ? You dont like 40%
Hudson Davis
I'm not a bear. I'm bagholding a 50% loss with everyone else. Just being realistic.
Ian Roberts
Given that the price of BTC over the course of 10 years is highly volatile, those that invested only what they could afford to lose will hold until the entire crypto market dissolves, even if it takes 20 years.
Nathan Adams
We are way past capitulation. We are in this stage, people that wanted out are out, the rest of aren’t really even paying attention anymore while we wait.
ethereum changed that game forever, keep dreaming faggot.
Lucas Rogers
Yeah, I think capitulaion has yet to come. There is still to much optimism. Consider this: While the bullrun was in full force, people where very uncertain where this is headed. I remember the Bcash fork, BTC hovering around 3000 USD, and almost anybody expected it to drop lick a brick after the fork, but it didn't. It seemed unreal that it went up nevertheless. At that time, 6000 USD sounded completely out of this world. And now the december moon boys call this the "floor". No no, this bear market isn't over yet, for a long time.
Evan Green
I'm already done with crypto forever. It makes no difference if I sell, there's no value left in my coins.
Mason Stewart
Alts way of capitulation is called being delisted. I still see a lot of shitcoins being listed.
Colton Davis
This is what Tone Vays has been arguing, however if bitcoin, stays around these levels for a very long time like another year then you could rule out any further capitulation. Also Bitcoin is well below just 50% from its highs.
Jacob Murphy
>Even in this bear market I see tons of optimism on social media. Maybe once we fall below the 5800 support capitulation will finally happen and we have a mega drop to 3k or lower.
You are underestimating the ideological aspect of this. Many people have also lost their wallets and simply cant sell anyway.
James Adams
digital gold! limited supply! everyone would want to have bitcoin!
>btc is at/near it's price floor (production cost) why do boomers always spread this retarded fucking meme. it doesnt even make sense. do you not know what difficulty adjustment is? how do you think bitcoin survived for the 9 years it was below $6k?!?
Joseph Nelson
I keep m cryptos as a painful reminder that I felt for the hodl meme.
bagholding doesn't make you non-bear. defeatism pessimism and depression makes you a bear.
Landon Clark
We are just entering the bearmarket and you haven't sold yet? Really?
Kayden Hill
I was about to insult you, but then i remembered that all of the prices are dependent on the scammers that run the show, so i'll bite my tongue.
Landon Bailey
This, most of the public dumb money that entered has left and the money that stayed is the small percentage of the public that was actually intrigued by crypto outside of getting rich quick and wanted to be apart of it.
Aiden Long
russians confirmed for aryans
Charles Gomez
>We are just entering the bearmarket imagine being this deluded...
This. The main fundamental behind bear markets is that it does not end until grand-scale distribution happens. We will keep bleeding until this happens. I'd think of a number like 1-2k, that will be probably what it takes for most people to think of crypto as dead, so the next accumulation phase could begin.
Lincoln Ward
>The main fundamental behind bear markets is that it does not end until grand-scale distribution happens. We will keep bleeding until this happens. but the opposite is happening what the fuck are you smoking? large bitcoin holders keep accumulating as the price drops.
Jeremiah Morgan
Yeah, because the last one was so long ago..
Jayden Butler
I hope so. I'll be buying them up and watch everyone fomo in at the top again if it does.
Gavin Hernandez
Bitcoin is cool. Everyone wants at least one.
But only 21 M can have one. So the price will reach the moon. That is just how these things work.
Bears are retarded as fuck.
Jack Jones
The floor is pretty well established. It's 6k. Also, there is always a chance that it will break below 6k. Both of these statements are correct. Just plan for it. If you are a margin trading degen, set your stop losses. If you are convinced that the floor is lava, sell off. If you are holding with an upwards bias regardless, cool.
Brayden Morris
>At this point I will be very happy to see it die.
Imagine wanting to see one of the greatest ideas for freedom be destroyed because you're a dumb bitch that lost his money. Fuck you, stupid worthless faggot
David Morales
No one is buying BTC, it's all margin trading gamblers and people selling their alts. Crypto can't attract new people anymore.
Justin Sanders
markets going up probably won't go up forever same is true for declining markets why would normies buy a bear? however, do you think greed is dead? next time it goes up people will buy it and overbuy it, just because it's going up
Gabriel Butler
>Crypto can't attract new people anymore
Yet Coinbase alone is getting 25,000 signups per day. What's it like being a fudding faggot?
Kevin Diaz
Source?
Daniel Bell
>Coinbase alone is getting 25,000 signups per day
That's a very outdated number. Keep being a permabull, you'll soon be roasted.
Lincoln Russell
Look it up yourself
Sub $6k bearfags are just as retarded as $20k bullfags. Fucking lol @ your "predictions".
Gavin King
largest bitcoin holders provably increased their holdings nigga.
Ryan Torres
We are still in the bear trap phase.
Gavin Ross
Capitulation needs to take at least one big profile victim, meaning that one well known exchange must shutdown or a very public shitcoin exit scam. The latter already happened with omise go, so we only need a dead exchange and it's officially capitulation.
Thomas Murphy
burden of proof is on you faggot, you made the claim
Nicholas Wood
user, i've been saying for months that we are returning to the mean at 3.5k~
we wont see a bull run until summer 2019 or 2020
Ayden Sanders
I don't give a fuck if you believe me or not. Look it up on your faggot
John Fisher
this but unironically, Maybe most of you hold you shit on exchanges but it actually feels good holding your own money in your own wallet knowing that no faggot or government kike can touch it and you can take it with you on the other side of the globe no questions asked. If that is not a new paradigm I don't know what is