Where are we?
Where are we?
Ryan Powell
Asher Scott
the business and finance section of 4channel
Luis Peterson
complacency. bitcoin 2000 EOY.
ripple will overtake bitcoin in volume when btc hits 586$ in 2020.
Henry Russell
Wrong you pathetic permabull. We're at euphoria and we're going back down to $1.
Angel Jackson
Gabriel Green
check'd. but you can clearly look that chart, december lows was that post-euphoria dip and after then CT and Jow Forums has been full of
>" we j-just need t-to c-cool down f-for the n-next r-rally"
bitcoin is decade old obsolete tech. 0.00001% of world stores are accetting it, even it should be "the world currency" by now. only boomers and late adopter zoomers are hoping it will go 100k some day.
Tyler Jones
>Where are we?
Better yet, where is caps lock user and how are his shorts doing?
John White
feels like hope
Jose Price
Doesn't matter because the price surged because of a 100 million buy order, not because sentiment changed.
Hunter Powell
Above the D in depression.
Zachary Allen
disbelief
time to load up them bags boys
Brandon Myers
Denial. A dump will send us to anxiety and then we will go back up
Justin Butler
Uh, do you think there weren't massive sell orders at the peak of the bull market? Did you get your shorts liquidated?
Benjamin Morris
This is likely the only realistic answer you will get ITT.
Austin Barnes
We're at depression
Sucker's rally to 9k by Sept
2k by Dec
20k by this time next year
Parker Cox
quite literally disbelief. people literally cannot believe we are going up.
but what will happen when we get to 2k? every single user with a dime to his name will be buying bitcoin if we crash to 2k. and user, would YOU sell your bitcoin at 2k? would fucking anyone who held BTC down to 3k sell at 2?
at 6k we will have entered hope. This is what, in the recesses of my mind, i know WILL happen. I am not planning accordingly. I cannot accept the reality.
I can see a depression like scenario happening though, but very few will win. it will be a bleed out to 2.8 or even 1.8k, happening over the summer in conjunction with China's wet season (20% of china's electricity is hydroelectric, allowing them to be in profit at low prices), wrought with upward candles liquidating shorts and giving hope. I of course would love this to happen, and am planning for such a scenario, but only because I have failed thus far, as have many. But this is not my only basket.
and as for this anons declaration. as of a few weeks ago, every store in the fucking world that accepts a credit card accepts bitcoin, thanks to coinbase.
Christian Morales
>linear chart for recovery
>log chart for growth
Kek, we still got a long way down.
Benjamin Sullivan
I meant to say that emotions are pointless in a market that can be so easily manipulated by whales at any moment. These changes dictate market sentiment, not the other way around.
Nathan Young
Kayden Russell
Yeah, fair enough. But there were still idiots out there gathering followers and encouraging people to basically short the bottom with huge amounts of leverage.
Anthony Young
Angel Stewart
And if we did hit 2k we'd have permabears on here talking about how capitulation hasn't happened yet and claim we're in anxiety or denial
Brayden Bennett
so you're saying cost average
Luis Wood
Complacency
Oliver Smith
Based
Joseph Gutierrez
Just coming up to Complacency. Now that the market has finished correcting, the bear market can actually begin
Owen Adams
>chinas wet season.
fucking kek
Isaiah Brown
this
Easton Perry
Imagine being this stupid lmao
Juan Roberts
>what would happen if btc goes 2k
same as happened december, little pump and we roll down towards anxiety slowly in cheat sheet. after that pump from sub thousand and again slow bleed.
>bitcoin can be accepted everywhere thanks to coinbase
so you say no other coin in the counmarketcap coudln't do that? thats delusional. bitcoin isnt fucking unicorn. every coin can do that. even on coinbase theres bunch of other coins which dcould achieve that. dont be stupid. would you rather pay thousands for fraction of a stupid 10 year old boomer coin or buy thousands of othercoins with that 1k$ you have? bitcoint wont survive.
Oliver Reyes
just coins that coinbase takes custody of, i believe. so LTC, ETH, ETC, XRP, etc. maybe even BAT. And it is a unicorn.
Levi Phillips
hey, better than drawing some lines on a chart. marginal cost of mining is pretty much the only real fundamental valuation bitcoin has aside from network usage, which is very unpredictable.
James Young
and bitcoin WILL survive, due to the antifragile nature of the market. BTC may not neccesarily live up to its expectation of being a method to transfer value, but it will be used to store value. I envision a coin being pegged to the satoshi used to actually move value around
Leo Martinez
Stake your Cereneum at the bottom of the bear market. Easy 100x in the next bull
Levi Turner
>brown id
>randomly shilling shitcoin in irrelevant thread
>wanting to make babu’s proud
Kys scamjeesh
Camden Fisher
Euphoria
Xavier Mitchell
>everyone in thread calling for it to go lower
>retards don't realize this is a clear sign we've bottomed
the 200wma was THE BOTTOM at 3.1k and if you didnt buy that you're a fucking moron. I'm going to thoroughly enjoy all the cries of manipulation when it just never ends up going back down. Get fucked you stupid faggots
Hudson Hernandez
Please sirs stake Cereneum is no scam sirs very good token sirs many gains
Ryan Lewis
You are entrusting all you're money to whale manipulation, not to an asset, neither to market/sentiment reading.
This is why we've been pretty much sideways for two weeks now, only a retard would jump and buy after such events.
It is true that 3k was bottom and golden opportunity to buy though.
Brody Perry
>whale manipulation
the siren call of someone who wants to blame their shortcomings in the market on someone/something else. In the grand scheme of things buying here is just as great as buying at 4k or 3k, it's like squabbling over 150 vs 200 vs 250 back in 2015 when we ended up going to literally 20k
Carter White