I was a bear during all 2018 when bull faggots kept calling the bottom all the way down to 6k. I originally thought we would go below 3000 but it won't happen.
Depression and disbelief all over the board. We don't have the moon memes anymore, everybody expects a move to 3k or below. Technicals on the chart quietly turned bullish a few days/weeks ago. It's time to flip your bias to bull anons. I'm saying this seriously.
Former bear here. Bull started
>disbelief
you mean denial. all over crypto Twitter too. those fuckers are BULLISH
$500k EOY confirmed
>Depression and disbelief
Lmfao wrong this place is still filled with bulltards like you
tradingview link?
Former bull here, we're in a bulltrap and will dump hard soon. Time to become a bear
desperation
desperation
desperation
Same. When all the retards leftover from last bull market came out of hiding on April 2, I knew we’re in for a long winter
>look, Mom! I redrew the lines again!
We didnt have bobo memes here above 6k. Bottom is in.
Former bear here, we're in a beartrap and will pump hard soon. Time to become a bull
former bull here
1k eoy
yeah those nasty, nasty 50-100 people that came to celebrate a good day and laugh at beartard bottom shorters that got liquidated. Im sure though after your long, long winter those 50-100 same people wont come celebrating again.
The bulls are back in town
either way it won't go down much from here, pretty comfy spot to go all in
Keep celebrating your memelines retard
It's over bear queers.
that's log scale and in relation we can dip to below $2k if we follow that pattern. that's why i'm saying careful with the predictions. because if we drop to $2k almost nobody will see it as a little correction but soon back to business.
so I should put in my entire life savings right now? I've got nothing to lose at this point, my life is already a joke
Buying now would be consistent with your life story of being a joke, so yes.
We might see 4.2 to 3.2 again but longer term we're going back the fuck up niggers
you think? i'm not sure, i mean we held on for a few days which is kinda bullish, but a shittons of people predicted this event ending at $2k or below.
20 DEC 2017
Start of the bear market
MARCH 2019
Start of the bull market... or start of the ultrabear from 5k to 1k?
We have no reason to bull besides memelines and prophecies, so yeah ultrabear or simply crab
So WHAT, WHAT exactly is the reason to be in a bear market now you full time mongoloid?
You have to be either a retarded normie or new to crypto to think it's going down and staying down.
>thinking that a Mongolian Deel weaving board reflects the general sentiment of the market
Bears come out of hibernation in the Spring
Did you retards not notice how we are 2 weeks into spring..?
>pic related
Imagine being this delusional
Let’s see
>ico bubble
>china ban
>no etf
>no good news in the immediate future to look forward to
>no scaling yet
Everyone has learned their lesson except ta bulltards. You have nothing except memelines and imaginary demand from halving
>the virgin fundamental analysis vs the chad technical analysis
we are here not there faggot
The virgin tea leaf vs balanced chad of fa and ta
why is disagreement with bear faggotry immediately associated with bull retardation. it's not black and white you faggots. there. are many people who are crab market proponents
your chart is off next rampup starts in september latest and we will see $10k before the halving.
I’m for midway between crab and bear
you are assuming that this cycle will be equal to or shorter than the last one. why, because of muh halving?
> volume line goes straight through giant green dildo
Keep stirring those tea leaves.
halving cycles and the valuation curve are the only truly reliable patterns long term.
YOU. SHOULD. NOT. RELY. 100%. ON. THE. PAST.
there is nothing else to rely on.
if you don't learn from the past you are doomed to repeat all the mistakes over and over. there is always some variation of course always off rhythm but not that much if you zoom out.
Stop.
Don’t do it. The market is volatile. Yes it seems likes it’s bottomed out at roughly 5k, but I would only ONLY buy during a guaranteed bear run. Yes, you could potentially miss a cycle, and it could take a while, but it’s way better than being another person killing the self for getting in during a questionable time just cause some quick growth happened.
I swear it’s like these bulltards’ lives depends on BTC to moon or something and conveniently ignore anything negative.
a halving isn't going to make the entire concept of actual supply and demand obsolete. when we are talking about halvings we are just talking about the decrease in inflation, not to mention that each one is less effective than the last. this shit isnt going to keep going up forever just because of the halvings.
Yes there is lol. This’ll sound sarcastic but really use your common sense. Who in their right mind with shitton of money are dumb enough to buy into this dead market right now? The only people buying now are those relying 100% on memelines and questionable halving patterns, most likey bots. If your life depends so much on BTC mooning, you need to go do something else
halving is not about change in actual supply it's about hype attention and speculation. the price will rise because everyone expects it to rise. self fulfilling prophecy.
>this shit isnt going to keep going up forever
actually it was specifically designed to
>The only people buying now
are the ones that learned their lessons from the past this shit will hit $100k not long from now. and within 5 years it will hit $1mil. it will be a real roller-coaster of course.
God you need to wake the fuck up back to reality... We’re all permabulls here but some of you have such shit timing due to your delusional desperate nature.
>who in their right mind
>$100m+ buy order a couple days ago
people a lot smarter than you lmao
You’ve been warned to use common sense along with ta and whatever other tools. Good luck
Be my guest in playing into a chink whale’s hand
sure it has a lot to do with hype but you can only hype the same catalyst so many times before it becomes expected and priced in ahead of time by the masses (notice how many people are talking about the halving and posting moon charts revolving around it?)
the 100 mil was obviously a short squeeze
this
This is like the most level-headed optimistic projection
ta is bullshit simple as that people keep pushing lines as they fit their agenda. common sense is more reliable there is an asset (coin) that is 300 times more scarce than gold (oz) produced so far and while golds rate of production increases exponentially, and it's total supply is practically infinite, bitcoins supply is finite and hard capped and designed to be increasingly more scarce. btc will be either gone or $350k not long in the future.
less supply does not equal more demand. there are plenty of stocks and other assets with a fixed supply that dont go up forever because demand doesnt increase forever.
>golds total supply is infinite
wut
>but you can only hype the same catalyst so many times before it becomes expected and priced in ahead of time by the masses
yeah eventually btc will barely deviate from it's valuation curve. and you will have to hold it for decades to make any money. but by that time it will be well past dollar sat parity.
there is practically infinite supply of gold in the universe. it's basically the feces of stars. and earth is especially rich in it. the total amount of gold on planet earth could cover the entire surface close to a meter thick.
Any thoughts on LN or other scaling solutions? Is it all a pipe dream or for real?
two more bears with raped buttholes. what a jolly fine day.
have you heard? US will go on with another round of QE
god you soys will be raped so hard, shorts squeezed, btk going to 20k+ and im gonna laugh so hard
The fuck is btk. You mean BTC? How did you fuck that up
>dollar sat parity
you think btc is going to be worth $100,000,000,000 a piece? come on man
meme coins are the feces of the internet and i cant even wipe my ass with them
im not too concerned with the network, people will still buy the shit regardless
shhhhhhhhh adults are talking
>because demand doesnt increase forever.
We have a strong basis to say that there is still significant user adoption to come (demand). The best way to mathematically model the user adoption (# of wallets) versus time is with a sigmoid growth curve. It is clear there is still some ways to go before we plateau. Next post I will provide facebook's user adoption curve, and you will see the similarities, facebook's penetration in the market has begun to come to a halt.
Why is this important? Because there are theories out there that relate networked value with user adoption. Bitcoin has shown to be well-fit by this model (pic related). When we consider the diminishing supply, and institutional awareness, it is a no-brainer that BTC is an easy buy today. The relation with time follows the same power-law relation (), and so does supply / stock-to-flow. Most likely because user adoption & supply are both essentially functions of time.
$100,000,000***
(100m satoshis in 1 btc)
eventually
nice trips!
MAU = Monthly Active Users
Attached is the revenue vs time curves for facebook. Keep in mind, this is a linear-linear plot. If we were to log the y-axis (revenue), we would produce the same shape as (), namely a power-law relation.
The more expensive BTC is the more halving will matter. At this point every halving has been more effective than the last one.
Yeah but you can’t really rely on your power law to call the bottom can you
BTC went up 20% but litecoin got doubled. What do you think? Is it worth it to invest in LTC now?
ok so in order for this formula to work, the number of btc users needs to keep increasing at a steady rate instead of plateauing or slowing down (let alone decreasing). if you were to have run this same formula during the last cycle, it would have had a higher trajectory, correct? (green line in pic related) so really since the growth cycles are getting longer it would be flattening out more each cycle (red line).
why facebook? why not myspace? friendster? number of people that buy and hold gold? seems like comparing an internet meme coin to one of the most widely used websites ever is a bit hopeful no?
I never said it could. Finding the bottom is a giant meme at the end of the day, just buy in 2019, its basically buying the dip.
you sure can't you can only call the fair valuation line and notice how btc positions itself in regard to tops bottoms and halving prices.
see btc roughly positions in the middle of previous top and following bottom at halving then breaks up after a dip. there is every chance this time will do so also. that is why i don't believe in multi year bear market theory. we will be back to $6k by september and begin to ramp up.
Agreed but eaiser said then done. I feel like a cuck DCAing into a blackhole. I’d feel better starting DCA next year.
>internet meme coin
you mean the only one trustless permissionless publicly auditable ledger that is secure to date? yeah, some random fucking websites are no comparison. bitcoin is unique in it's properties. it1s adoption nonexistent as of yet. we are below 0.1% adoption worldwide. we are not even innovators that shit is yet to come. al it needs for the financial elite to fuck up for the world finances to get a nice shake. that's all bitcoin needs to moon beyond belief. even localized crisis is capable of kicking the demand up greatly just imagine a world wide trouble!
>muh mathmatical models
Just buy low and sell high you dummy's.
The model is fit to the various bitcoin variables (price, supply, # of wallets), it isn't as simple as it looks. However, I did not do the analysis, therefore I cannot comment. The point here is that there is a correlation with price and # of users.
Read up on Metacalfe's law, its specifically for networked technologies. Examples include: phone system, social networks. Key word, networks. Regardig those social networks that died off, I would need to see the data to truly asses. For all we know, the data fits quite well. I just happen to have data for facebook+tencent.
The attached image is a different study. They modeled BTC price and # of users, took that model (red curve), and compared it against the actual price (black curve) by inputting the actual data for # of users.
listen here fagboy
you actually think im going to read all that text nigger.
HUH you think so bucko?
I am never going to stop buying Bticoin (BTC) ever
E V E R
There is not one string of text that can convince me other wise
I A M N O TO FU C K ING SE LL I NGgood shit go౦ԁ sHit thats some good shit right th ererightthere f i do ƽaү so my self 100 i say so 100 thats what im talking about right there right there (chorus: ʳᶦᵍʰᵗ ᵗʰᵉʳᵉ) mMMMMᎷM100HO0OଠOOOOOOଠଠOoooᵒᵒᵒᵒᵒᵒᵒᵒᵒ100Good shit
that is surprising to me it means that speculation and manipulation has a lot less to do with price than i thought previously even short term.
Someone forgot to take meds this morning
this post gave me aids
you can't deny the data
except literally noone trusts the pump and either waits on the sides or doesn't even care.
No normies = no fees = no money
"bull" = normies
and for normies "bull" is after price reaches $20k again.
so we'll hit your blue meme line, then hit your green meme line again before hitting your red meme line?
BTK was a serial killer who got caught due to his ignorance about technology, much like how people who are ignorant about technology will get fucked during the next BTC run
I don’t know what you’re trying to say that hasn’t already been said here
Yikes
This lines up with hash rate and difficulty (that's basically where this data comes from, minus supply), I suppose it helps to identify bottoms.
Who did this? Must of been difficult to consolidate all that historical block times into one chart.
The traditional pattern that BTC has been following would lead you to believe that it would continue the same trend and we wouldn't have another bull market until 2020-2021. However, that was before all of these Wall Street assholes got involved in crypto in 2017-2018. We could see BTC manipulated up much faster than we think because of this outside force on the market.
>santa is real
Ok you two dumbfucks. i guess youre both new to crypto. but this time only ill tell you how things run here nowadays. this market is now more than ever controlled by chinese whales who have so fucking much money that they could buy all the bitcones at 100k if they wanted. you on the other hand are just some retarded sheeple who think that your little trendlines or ta matter at all. of course youll win some trades but then at some point they will buttfuck you and take your money. they paint the charts as they see fit for you soys. they will pump the market. they will dump the market. they have accumulated massively otc and they dont know where to put all of their china money. now think again scrubs if you keep calling bottoms or 1.5k, 2.5k whatever. best is just to shut the fuck up so you dont look like the idiots that you are and accumulate if you are given the chance. you can either ride with them or you can keep on pretending to know wtf this market is going to do, which you obviously dont. godspeed and you are welcome. this time.
Speculation and manipulation kick it off with movements in either direction. Evens out to obey the laws. Just how it is. Accept it start buying and follow the guide
posting this again, because this is what's really happening, don't get caught out by the whales dropping bags on you.
we could also be going to 7-8k rather than 5800, the higher we go the longer the bear will last
watch the news for total fomo articles in mainstream media, that will be the major sell signal
literally zero chance bear market is over
Shit on phone in bed.
Someone do the math.
Volume of earth radius +1m minus volume of earth. How much % that is what the earth should be made out of gold
>hoping it'll bottom at the price you sold
Sorry boomer, you better go back to r/buttcoin