Bear fags are acting like bull fags when bitcoin was near $20k
>It's going to go down forever!
Bear fags are acting like bull fags when bitcoin was near $20k
Kayden Adams
Colton Richardson
Nah, we're having one nice short squeeze all the way up to 8000 to liquidate all the shorts. After that, the show goes on
Gavin Rogers
See that's exactly what I'm saying!
>no just one more dip and well break $20k
Gavin Stewart
You do realize bitcoin is not worth anything
It will inevitably correct down to zero, it's just a matter of time
Leo Parker
Keep believing that
Ryder Cook
This lamentable volume is not going to take us very far. Even the impressive volume on February 6 only resulted in a dead cat bounce.
Michael Gutierrez
>store of value
Christian Ramirez
>might see a sell opputernity here
Hunter King
It's not a belief, it's a fact.
You can keep riding the ponzi scheme, but it will inevitably go down to zero, because it has no real world use.
Parker Jenkins
At least make your bait realistic, user
Benjamin Hughes
Here's the thing, you're referring to BTC being worth 0 dollars, but 1 BTC will forever be worth 1 BTC, and in the future, that's more valuable than any fiat you can come up with.
Adrian Reyes
there is no bottom
Dylan Rivera
basically this lol. for some reason on biz it's okay to be a perma bear. probably because 99% of people here are losers and want to see other people suffer or something.
Carson Torres
NYSE in 1990
>weve peaked! Just look at that volume! 19 billion a day!
Jayden Martinez
>it has no real world use.
try to send money internationally with and without btc. tell me which is easier. then kys
Oliver Williams
2018
>43 billion daily
Brody Davis
Cashing out BTC is subject to anti-money-laundering laws, so go figure
The thing is, BTC is not the only cryptocurrency in existence. Besides, as we've seen 3 months ago, it's not very scalable.
Brayden Flores
I think we may reach a point in about two years where bitcoin is negative numbers. That's right, people will literally pay you to take their bitcoins.
Ryder James
but this time it's actually different though. join the dark side and see the world through the new paradigm of lower lows, forever, until we all are driving Lambos in Agharta
Jose Hill
stock shares tend to have tangible assets helping hold up the price. Of course there are some shares that have literally zero assets when you count their debt, they can go to zero. But no stock that has assets after covering all debts will ever go to zero, in the event of a bankruptcy it will only drop as far as its liquidation price.
Jacob Cruz
thats surprisingly small for the market cap compared to crypto
Gavin Williams
Bitcoin will stop existing before it reaches zero.
Kevin Bennett
kek
Xavier Gray
>the year is 2021, BTC value is still dropping, day after day. it's current price? negative $200k...according to the Jow Forums crypto elite we are currently still in the "delusion phase" of the bubble, and the bottom is nowhere in sight. the unlucky few that still own BTC are now property of the new world government, and face a grim future as most of them are forced into slavery for the rest of their lives.
Logan Barnes
It's not going down forever, but it is going down to 2000.
Lucas Jackson
>Total market cap drops >70%
This is a bull trap
Austin Murphy
Are Anons like you trying to make future screencaps breads
Zachary Bell
>1 BTC will forever be worth 1 BTC
1 piece of worthless shit will forever be worth 1 piece of worthless shit
Amazing logic
Charles Martinez
>sending "money" with an asset that swings 20% in a day
Are you retarded? Nobody in their right mind would use bitcoin for anything serious. It's only use is for scammers to fleece idiots like you of their money and then get out of the market.
Justin Morgan
The most realistic scenario would be the government putting an annual tax on bitcoin like they do on properties. This might be enough to force it into negative numbers as people unload to avoid the coin holding tax.
Cooper Nelson
he meant what people are willing to pay for it
People won't pay for shit faggot
People will pay for a piece of digital shit though
/thread
I'm a bearfag unironically, literally the 'Bearfag' of biz
I see BTC dropping more... a couple thousand more before recovery. And fomofags WILL come back in
John Lopez
You're probably like 16 years old
Tyler Stewart
Dream on, deluded retard.
Benjamin Lewis
>volume is low because there's nobody buying at this price
no, volume is low because there's nobody SELLING at this price.
See how it works both ways?
the order books clearly show that there is plenty of money waiting to buy (lower). When they realize that isn't going to happen . . .
half of the sell volume going on right now is due to deep pocketed buyers putting the coins they buy as downward pressure on the sell books. when the supply of emotional bottom sellers runs out . . . we go up.
Jaxson Cox
Green candle = more buying pressure than selling pressure. Compare the green candles from those two periods, it definitely looked more optimistic in February for the same price levels
Michael Diaz
WOW look at this trend! BUY BUY BUY BOYS MOON TIME
Grayson Watson
zoom out
Nathan Morales
Learn to spot obvious Falling Wedge pattern.
Ian Sanders
Imagine if people weren't willing to pay anything for buttcoins
This is the reality that will eventually come to pass because they are simply worthless outside of emotional arguments
Blake Walker
You are such a massive retard lmao
Kevin Thompson
You're right. The pattern is now clear. Sorry for my doubting.