Literally everyone thinks crypto is dead now. This giant weekly dildo to 4k has done the job it was intended to do, it fucked investors after they thought they could take no more fucking and we're all prolapsed on the floor now in a pool of our own blood and shit and all we want is for the pain to end. Nobody thinks or even wants crypto to go back up anymore, they just want it to be over.
So look at the chart and explain to me how we're not in maximum depression right now.
>Nobody thinks it will ever go back up >Consensus is crypto is a failed project >Everyone feels like an idiot for ever touching crypto
>being this short sighted You'll never make it, idiot. Early adoption is over. Long term investing is now your primary option. Your other option is extremely high risk trading in an unregulated market dominated by whales. Good fucking luck with that. You'd have better odds playing slot machines in Vegas. All you dipshits who think you can get rich quick deserve the disappointment. Crypto will stay low for another couple of years before another boom cycle. This board is a bunch of greedy fucking morons and shills. I'm pretty much over it.
It's without a doubt going to 2k. I'm one of the most bullish people here who is buying right now because we're in the buy zone, but it's delusional to think we won't see 2k. With this in mind, the bottom will hover between 2-3k with 2k being the absolute bottom.
Ayden Hill
>le crystal ball
Noah Morris
Hey, if it falls back to $100 or so, i'll buy 20 of them. Otherwise, i'm not biting.
Bentley Ortiz
A while ago I was looking at the market using BTC as a proxy and it looked like the triangle was going to end in early Dec. Volatility was dropping and dropping for months. Something was going to happen, it was going to move either way. BTC being so tame and steady at 6300 was a telltale, it was going to break up or down. Tight stops help and definitely not putting all in. Right now all the "normal" gauges, RSI, BBands and etc are totally useless as the market has gone way out. The good news is that volatility is up so careful trades can be made on mean reversions, being careful if cryptos fall more. It's not over yet, just shaking out some.
We are not low enough. Alot of people that bought around 1k are still hodling. Need to make em sell.
What you need to understand now is that some very rich and powerful people are doing anything they can, any fud, to make this go lower so they can buy big hands. Once they are loaded, all the door snd gateways will open for institutional investors and all the power they have over population with advertisizing, tv, shows, news will blast bitcoin day around. This is the moon my friends. This is what we are waiting for.
Aaron King
>I literally dont understand the fundamentals: the post
Daniel King
I have no more money
Jonathan Bennett
>dumps to $10 and stays there for 3 years
Nicholas Williams
your mom in complacency after i fucked her
Luis Brooks
>early adoption is over >not one (1) instance on the globe of dpl platforms being utilized by any significant company.
Gabriel Young
>fitting a log chart to a linear one next idiot please!
Carter Ramirez
and yet eth is still worth over $10 fucking billion. that argument is probably the most retarded bagholder argument there is.
Blake Cox
Crypto is dead, why are you fags still holding on to it? It won't go back up.
Hey all my normie friends + family think its a scam now so yeah kinda dead
Landon Johnson
Can someone remake this with comments regarding the Jews.
Robert Clark
>Now, not later, is the time to buy like a madman. Someone seems to be in serious trouble with the bearish market. We will see 2k very soon. Even 1k is possible or even less. This has no end. We will fall. Bakkt will be delayed as long as they can dump it more and more. This will go on for whole 2019. At 500$ we maybe reached the bottom. This is a price the new generation of stupid students can buy in again to give a next try.
TL;DR: bitcoin is dead. sell now.
Easton Collins
The existence of this thread proves we're still in denial and/or panic. If this is truly the bottom, we'll be here for months or even years, so there's no need to FOMO in.
> Nobody thinks or even wants crypto to go back up anymore, they just want it to be over.
topkek
Justin Brooks
How about we ask the important questions instead.
Does anyone have a guide to shorting bitcoin?
Asher Peterson
We are still at euphoria. We are going to at least 1300.
Thomas Thompson
>This has no end. Sorry but this is exactly the sentiment that proves the point that we are just about at maximum despair. Just like everyone who believed we'd never stop going up at 20k proved the point that we were at peak euphoria.
In aggregate, there are exponentally more people who are on the "1k BTC EOY" train this week than two weeks ago when we were hovering at 6k. If we drop to 3k everyone will be screeching "$100 EOY". And if we dropped to 2k everyone will be screeching $0 EOY. It's this hyperbolic mass decoupling of expectation from the reality of market movements that clearly indicates we're at peak fear/greed.
James Miller
This also I still haven't sold and I am a normie from reddit that bought in October. Have an updote though.
Adam Sanders
dude, just stop it allready. it's dead. We'll only see slow deflation untill it reaches the bottom from here on out. Who the fuck is going to buy anymore... we all did it for the money, who gives a flying fuck about the tech?
Kevin Brown
If it makes you feel better, I'm unironically at full depression. I was burned by cryptos, saw my money go 100x and didn't sell. I'm numb. I don't feel anger (maybe a little bit but it's against French fucks like the ones of REQ), I don't feel anxious. I just don't care anymore if this goes up, down, or stagnant for years. And I really do believe we won't see any sign of recovery until MINIMUM a year from now
Levi Lee
People have to buy Hanukkah gifts, there is no money to buy crypto, it's over.
Investors are going to close out the year at a loss and claim the losses as a deduction.
Leo Garcia
lol you should have been asking this months ago. If you haven't already been shorting then you're never gonna make it. 3k is the bottom.
Christian Bell
I'm honestly starting to think we may have a bear market in the low 2ks for a good 2 year before we can see a hope of recovery... If this happens most projects will die (a lot already have I suppose), it's going to be tough
Daniel Nelson
>Early adoption for tulips is not over because it's still not used as a global currency yet.
Jace Martin
This isn't bottom.
Bottom is when posts like yours no longer exist.
When baghollders like you are no longer trying to convince idiots to buy so you can cash out.
wrong imbecile. 30 y/o boomer 2014 hodler here, every 'btc is dead' dip does not shake out 100% of bagholders. the hodlers/moonboys/permabulls will always exist, they'll be shilling down to 1 cent and if you really believe 'btc is dead' like the NPC's then lmfao
Jackson Phillips
I always wonder how can people see that Crypto is like the norm fluctuations and not like the tulip disaster? What if its just like a disaster?
Cameron Parker
Be very careful and make sure you have stop losses, and make sure they actually work. Shorting anything this volatile is really scary. I think there's still money to be made in shorting it, but you should liquidate your position if you're down by more than 50% rather than when you start going into negative territory. With bitcoin shorting it's easy to end up with massive debt if you're not careful.
Apart from that, go crazy. BTC can go down a lot more. But new rallies are possible and you need to get out early if they happen.
Matthew Kelly
The tulip bubble is a myth it never really happened. There are zero recorded bankruptcies.
Ethan Lewis
There is such thing as market limit for each asset and stock, it is not same thing to drop from 300b unlike earlier "dips". Institutional investment has not pushed silver, for example, to some ridiculous heights. And bitcoin was very global bubble 2018 january, the price action movement was actually started mostly by chinese who shifted cash out of china via bitcoin
