Who here believes in a long term bear market?

I want all the normies to forget about cryptocurrency, to make them think it's scam, waste of money, never gonna be used etc. Many miners give up because lack of profit and leave. Then I have time again to accumulate before next bubble.

My scenario is this: I believe we will go now to around 9k, fomo starts. Look, we barely broke 8k and people call moon already. After this last increase huge dump, similar to 2014. Then we can go as low as 5k$, bounce a little and stay around this price for weeks/months. Then very slow steady grow and once 20k is passed somewhere around 2019 - huge fomo and next bubble.

I also think we have yet to see capitulation, still denial. Thoughts?

Attached: bear-market.jpg (800x617, 59K)

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No one cares what you want. Get killed you scumbag

Sage

I am, crypto is over, this is a dead cat bounce, nobody really wants decentralization and responsibility that comes with it, and security risks are far too many, it's not only user error, but networks themselves are vulnerable without insurance of any kind, it's better to let specialized companies do these things and hold them accountable with law.
The only thing that might survive is bitcoin as a store of value/digital gold.

fuck you nigger this train isn't stopping pandora's box has been opened and you are destined to fail

I don't think it can be called a bear market, because it's not really a market, it's mostly exchanges manipulating and wash trading to drive margin trading.

I used to get irked by the lame analogy with the actual stock market, now I just laugh - green means "bull", and red means "bear", and it's nonsense.

I do think there will be a long bear market. Or at least horizontal. I think it'll go on for most of this year. I think eventually, when the bull finally comes, the flippening will happen.

fuck off and go fishing

I think too many of biz visitors sold at 6500 and now trying to find reason why there's going to be a year long bear market. The most retarded ones are trying to compare today's situation with 2014.

believe whatever you want i think that bitcoin definitely is more valuable than 5k

This.

>he thought it'd go sub-4k
Thanks for the cheap coins, sucker.

>I also think we have yet to see capitulation, still denial. Thoughts?
You are in denial, friend.

I don't think it's over, but I believe we need a long reset and capitulation (which I think we haven't seen yet) before next bubble.

I will definitely tether at 8600+ and set a buy order if price pumps above 9500 or something. In worst case I will lose about 10%, no big deal.

> buys at the spot where everyone is waiting to sell
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we going to 50k nigga

are u trolling?
in worst case your predicted dump happens right after you bought back in at 9,5k you moron

BTC will unironically never be below 6k again

BTC 250k by 2022, we're all going to be millionaires.

step into traffic permabear

>this is a suckers rally
>Bear in denial
We bull now, boys

I said above, not this exact number, chill

and I in turn think too many bought back at 8-10k or held through and are now trying to find reasons for why this time is different and Bit-coin is immune to bear markets.

You have to be a truly special kind of retarded to think this shit can just keep going up every month, every year. "No bear only bull. Anyone bearish ever is a salty permabear haha must've sold at 6k LOL."

Based on the incessant permabulltard replies to this thread I'm going to go ahead and market sell 100k BTC, thanks, really.

Attached: 1518383033788.gif (250x233, 1.5M)

It only took one green dildo to go from nervous apprehension to bull market crazy train delusion, this shit isn't going to last.

The market's gonna decouple from bitcoin when it hits 2k, and Link will form the new basis. Simple as that.

> it's better to let specialized companies do these things and hold them accountable with law.
oh yeah, that worked wonderfully for equifax, solyndra and thousands of other examples. really great ideas user

Implying dao, parity, bitcoin print, unsecure signature generation with non random k, all the 51%'s and other exploits are doing wonders for crypto?

>unsecure signature generation with non random k
Are you referring to lists.linuxfoundation.org/pipermail/bitcoin-dev/2018-April/015873.html?

It's grown beautifully for years and maybe it's time to spend some time going down, that's no reason to panic and people are really defensive about the idea it can happen. Maybe things aren't ready to be worth as much as they are now.

fuck off, I want to get rich quick not waste another 2 years of my life accumulating useless shitcoins

Remember last year when btc rallied to 10k out of fucking no where. Everyone was like tether up, huge correction to 3k incoming. Then it went to 20k! Will we still have correction to 3k? Or bull to 50k

lmao got BTFO

Smimem defeated the Bogs and this heralded a new era of bullish sentiment. Keep up with the news, grandpa.

>tfw did the "rational" move and sold increasing amounts of btc from 3k to 8k
>tfw newfags who bought at 5k and sold at 20k made more money than me
>tfw still can't buy back below my sell price even after this "bear market"

That is exactly the reason why the hodl meme is not a meme.

Hodl only works for coins that will last like BTC

If you're hodling some flavour-of-the-month shitcoin you're fucked.

bitcointalk.org/index.php?topic=581411.msg9711303
zdnet.com/article/security-flaw-leaves-android-bitcoin-wallets-vulnerable-to-theft/
Those are of course avoidable, but the reality is that 99,99% do not understand how crypto works and rely on available solutions. And even good devs make mistakes, which are always grave in case of cryptocurrencies because transactions are non reversible.

OH NO NONONONONO

>itt butthurt bagholders

But yes what you posted touches the exact same problem, just on a different layer, because yours speak about specific programming language's error, what I posted is about coder's error.

>everything is going up
>haha u butthurt
Wew lad

Sure, if you have multiple fucking bitcoins.

>everything is going up
>still below buy-in price
>please keep going up
Wew lad

>still below buy-in price
Not everyone came here on november, my dear redditor friend.

then why everyone here so butthurt it might actually be a long term bear?

Because it is still following the 15 months bull trendline and bears are the only ones making shit up and being desperate?

This
That accumulation whale manipulation buy cheap shit is dead. We have had enough of that, we either go up from now and start our up trend with moons. Or this whole pump fails and we go bear for the rest of the year.

Btw no one gives a shit about using these coins. This is all understood amongst us, those that deny are in denial.

Speculation is what causes these huge pumps. All that finished product and working product means no more big gains. Just slow and steady like stocks.

So brainlets, take note. You unironically don't want your shitcoin to finish with their work fast. You want speculation

so? why be butthurt if you know you are right?
looks like someone else is being desperate

Actually both trading and hodl can get you equally rekt.
The sweet spot is to not be greedy, and take profits at moments you feel right.

Dumping your whole stack during a pump gets you rekt usually.

>projection.jpg
Okay, no sense discussing with a retard. Have a good day. Lol it’s going to zero, right? Cratering when lolololo xD

>8980648
>accuses someone in projection by literally projecting

above 9500 is proper bull territory

yes, we're in a long-term bear market and yes, we're still in denial. there's so much trauma and ptsd roaming in the marketplace to the point that whenever bitcoin goes up by an inch, people feel inclined to sell. to stop this from happening, we need to start over again via shaking out the unstable people. once it goes sideways for month, then we will be ready to go to higher lengths without anyone stopping us.

I don't want normies to leave. Just moontards and pajeets. Adoption is good but it needs to happen organically not by driving prices up so people treat it as a ponzi waiting to unload their bags. I think the current short squeeze pump is held up on life support by all the alts mooning and whales filling their bags with shorts. I think it's highly likely we'll see a dump. To put things in perspective the price of btc right now is the same as it was just a month before the bubble popped. I don't see how it can be at this price for a long time let alone grow.

how the fuck are we in denial when george soros said he'll get into crypto?

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you kidding me or what? you think SOROS is going to buy cryptocurrencies at TODAY'S prices? he didn't say he'll get into crypto NOW, now did he? did you forget he called bitcoin a "typical bubble?" his fund announced their approval to trade cryptocurrencies NOW so they don't fucking spook everyone out when they're actually ready to do it.

Hint: They've been trading crypto.

Yea I don't get how everyone was so quick to trust that scumbag. It's pretty simple really. He's a megawhale. So he can't just dump on the market suddenly. What's he gonna do, short at 1k after 1 minute? No, he needs some liquidity. So goes on the news and says "hey i'm going in crypto join in guys we moon now". So people fomo and fill his bags and the when the time is right get a red dildo throat fucking.

What do you think a bank does user? Pro tip they are not storing your valuable fiat currency in a physical vault

Fucking this
>Muh financial revolution

soros is here to short the fuck out of crypto

Me

fpbp
saged

thank you Soros!!! now i might get a chance to buy BTC below 1K