If there's anything I've learned from this place, when everyone starts speaking of a bull run coming, its usually a dump.
too many "bull run is coming" posts, too many wishful thinkers, too many people who have been burned, eagerly WAITING on the sidelines to dump it all, on the slightest sign of a bull run.
If you think about it, its probably those very people who are touting a bull run is coming.
tread carefully, very very carefully. the bubble is no where near done deflating, I think we may barely be half way through capitulation.
Mad how people think after THAT massive price spike q4 last year, and resultant crash, that a bull run is coming this soon. It's barely fucking stabilised. This shit is going nowhere for another 5 months at the very least. I personally don't think we'll see shit until q2 2019.
James Nguyen
I agree, atleast until then. It will bleed out slowly for the rest of this year, i wonder how many people will panic sell at 5k
Tyler Collins
I love when there's a serious truth it just gets ignored for the most part
Grayson Hernandez
Was too lazy to log in and sell some btc yesterday when the bullrun shills were back. But at least we didn't get another reverse bart. I have never seen Jow Forums call the bottom on a btc dip, and in my opinion this year won't be like last year.
Nathan Cooper
we wont see 2017 2.0 for another 3 years at least
Landon Thomas
>enter sideways market after a crash >brainlets like OP want to seem smart and claim we're only halfway down, it's still a bubble
Copy pasting my brilliant post that cannot be refuted
Wish i took SS of all the posts saying >it's Chinese new year this always happens >March will be the start of Bull run >It crashed because of GOX >Instituitional money is coming in >April is the start of Bull List goes on
2018 Consensus was the biggest event of the year, Partnerships were being released New money was suppose to join Search history for crypto went way up
And.... as usual it was a sell the news event
Now, it could have just been a trap to con people into buying so they could get one last dump and shake em out Before an unexpected bullrun but unlikely
How many lies will we tell our selves, early adoption was rewarded. You cannot know about this money making machine, join late. Then expect it to just do the same thing, the whole point was people who bought in when no one gave a fuck about crypto and BTC got paid. They risked their time and money when everyone doubted When everyone is hopeful for the market, and normies invade as well as nigs, chads, stacys it won't work....
So how many are still delusional and just gonna hold till this thing bleeds down? Coins with 5k daily volume have dropped to 750 within days.
I think the Boomers were right, this whole market turned into a cash grab ponzi. If you got lucky and landed a good coin and sold the top cool. But only .2% of the market falls into this category.
Anyways ... any thoughts? How many are just gonna ignore all the signs and wait till eoy now for the 'bull run' How many are still falling for the 'just wait' delusion?
Hudson Miller
if everybody speaks of the bull run, then most likely we won't see it. also I don't see a reason to hold any coins at all at the moment. even if you miss the BTC bull run, you just throw money on top 100 alts afterwards and wait.
Justin Phillips
Too many, that's in part why it will be a long, dragged out, slow bleed. By the time the actual 'bottom' happens, everyone will be so discouraged and probably sell it
Mason Lewis
exactly Everyone is waiting for just 1 more Just 1 more huge pump to sell and exit at a gain >This happened last week >we stayed in
Here it is folks, the grand psychological scheme of crypto YOU Will exit at a loss, because you have to
Not at a gain, when you are gaining you will get greedy and want more
>enter angry teens calling me retarded....
Carter Turner
This is what I thought but bitcoin recovering from 6k back up to 10k made me have doubts.
Caleb Ramirez
the run to 10K confirmed to me that this is a dump. whales need some volume to cash out and the fact we couldnt get past 10K despite the numerous bounces shows it was a bull trap
Brandon James
lol yea 75% of market threads are obvious attempts at manipulation. Stupid wojaks and bears and bulls. Fucking retarded if you people buy/sell based on these douches.
Isaac Davis
very true. lots of wash trading during that rally. wash trading, painting the tape, quote stuffing. then they spoof buy walls to look like support, truth is if price goes that low and big sell orders come, they just cancel that buy order and price plunges. thats how we get barts and marges. pure manipulation. spoofing orders for stocks is illigal. all this is illigal, but not in crypto
Chase Hall
i just dont get it
i looked at 2015-2017. the corrections lasted days to weeks to find the bottom, then a new ATH a few weeks after the bottom
why is it so different this time? why is an influx of people with tons of positive news coverage and big firms suddenly talking about btc a bad thing?
was it all an elaborate ruse? a bulltrap that was 3 years in the making?
ive been holding all my alts like a total brainlet since jan and ive never felt more bearish than now. is it really time to just give up?
Luke Johnson
Next halvening is 2021 I think
Eli Hernandez
Keep it simple.
We are in a bear market it sucks. Sell or buy low priced good coins.
A bull market will come. Maybe not as exuberant as 2017. And as said above early adopters have been rewarded and now its money grab scabs in the market...
But it's time to change your game, HODL is a fucking meme so whales can ICO investors can dump on you.
Forex still has smaller returns than crypto at times even in a bear market.
I'm slowly converting over to being a full fledged day trader.
Fiat In>Fiat Out 1-2% on each trade. Even buying and selling Fib lines.
Goals to still make 10x what someone in blue chip stocks makes yearly.
OK FOR THE FIRST TIME IN 100 YEARS WE FINALLY HAVE A CHANCE TO KILL THE CENTRAL BANKS AND YOU FUCKS CAN ONLY TALK ABOUT TRENDS AND TIMELINES. BITCOIN DOESNT MEAN SHIT, LET IT FALL TO 2K WHO GIVES A FUCK ABOUT BLOCKSTREAM. MAYBE IF THE MARKET SENTIMENT MOVED TO ETHEREUM THIS SHIT WOULD STOP HAPPENING AND THEN CRYPTO COULD RALLY AGAIN THAT BITCOIN FUCKED OFF. BUT NO, YOULL CONTINUE TO WATCH BITCOIN AS WALL STREET DUMPS AT EVERY 5% PROFIT, FUCK THAT COIN, LETS MOVE THE MARKET SENTIMENT TO ETHEREUM FOR THE HEALTH OF THE ENVRIONMENT
no one knows Just know that what the general consensus is, is wrong pro tip 99% chance 20k was the top and we will never see it again Think deepy about it twenty thousand dollars for 1 bitcoin
Lincoln Brown
ETH EOS HOT
for the future
Christopher Richardson
IF I TALK IN CAPS MY WORDS HAVE MORE MEANING RARRRRRRRRRR
also you're a fucking idiot. BTC fails crypto fails. Eth will never flip it you god damn brainlet
William Peterson
Peanuts. 100k minimum.
Tyler Taylor
>KILL THE CENTRAL BANKS cute
Isaac Clark
The total market cap is less than $400 billion If you don't think a bull run isn't coming, you're objectively retarded
Anthony Walker
>ETH you know its a shit market when the number one coin is popular because you can create other shitcoins on it. we are in a deflating bubble
Elijah Russell
HERES A (YOU). READ WHAT THE FUCK I SAID, WALLSTREET AND 5% PROFITS. FUCK THIS COIN LET THE MARKET DIE AND COME BACK
Carson Jenkins
Damn if you aren't trying for that then you are a feudalist cuck that loves paying daddy to be a slave.
Fuck off this board.
Colton Robinson
>something is small, so it must grow
THATS retarded
Matthew Wilson
Oh I read it, and you're still very obviously a retard. Wallstreet hasn't truly been let in yet. Institutional money truly hasn't been let in yet. It's starting, and futures were used to bring down prices so they could buy it up.
If BTC fails, crypto fails. Eth will not flip BTC. Ever. Nothing will.
This is still just the beginning.
Jeremiah Bell
agreed. the normies got burned bad just a few months ago. they aren't coming back until this shit is highly regulated.
Caleb Perry
>>the total cumulative value of all non productive, non tangible, internet assets is $400 billion, with a b, higher than the GDP of united arab emirates, the same market cap of walmart and visa put together, but its totally undervalued, and will definetly go up. youre objectively retarded
Brody Sanchez
you autists talk about "normies" but you live in your moms basements and don't actually talk to people. Normal people are NOT in crypto. Sure, some have downloaded coinbase app and threw $100 at btc and didn't understand what they were doing. Sure.
When you're parents fucking index funds and retirements have a % of it tied up in crypto, then we can talk about "normies".
Get out of your house. Get out of your bubbles. Jow Forums is the fucking worst.
Austin Clark
99% chance 20k was the top and we will never see it again Think deepy about it twenty dollars for 1 mBTC You could have had an entire mBTC for just 20 dollars.
Zachary Hall
>When you're parents fucking index funds and retirements have a % of it tied up in crypto, then we can talk about "normies".
that will never happen because crypto has no use outside of gaining value
Luis Rodriguez
right, because you and your economic intelligence can propose a more efficient solution >in before using a deflationary fixed asset as currency
money =/= currency and currency is simply a tool. currency needs to be inflationary and always losing value, otherwise everyone would just hoard it and never spend. if btc was USAs currency, why would anyone buy a car today, when you can buy same car tomrrow for half the BTC today? man, youll grow up one day. the efficiency of global trade and frictionless commerce fiat currency provides for the world is par none. 99.9% of history our ancestors bartered inefficiently, now you want to ruin all weve come to just so your "coins" will make you rich? dude im all for throwing over the kikes and their greedy fractional reserve system, but until you actually understand how it works and propose something legit better and more efficient, youre nothing more than a moron whos watched too many doom and gloom youtube videos for his own good and only knows one side. come talk to me when youve learned economics
Liam Campbell
most normies and institutions thought hillary was gonna win
Jaxson Williams
Oh there's plenty of uses. and I'm not talking about your shitcoins like req and link Remittances, cross boarder payments, stable store of wealth for countries hemorrhaging money. We are still in the beginning of this. Post your wojaks when it drops a few %. People did it before you and they'll do it after you.
Do you realize how many times "btc has died". How many times people said THIS IS THE FUCKING END OF CRYPTO Well before you were involved I can assure you that. And they'll be saying it for years to come.
And they'll be wrong too.
Noah Flores
no they didn't. Leave your bubble. Drive across the country. Talk to people. Average white america was pulling for trump to win, because they genuinely believed, he was for the little guy. He was going to help THEM! lmao it was a crock of shit but he made them believe it
Landon Rogers
>why would anyone buy a car today, when you can buy same car tomrrow for half the BTC today?
Yeah but like...what if you need that car...today? I see that argument so often but it still makes literally no sense to me at all. It's already true today. Why would anyone buy a car TODAY when you could just buy an apartment and rent it?
Oliver Carter
Fuckk off kike fag, no one needsto read about your retarded political beliefs. Go get blacked somewhere
Brandon Rogers
>Remittances, cross boarder payments why would any company or government use a decentralized form of payment that they have no control over? BLOCKCHAIN has a future, but crypto does not. Every company will have their own blockchain
Jordan Miller
>currency needs to be inflationary oh look one of these neo-keynesian brainlets again
The United states had it's industrial revolution in the late 1800s under a DEFLATIONARY CURRENCY This lasted 40 years.
You people are just compulsive liars. KILL YOURSELF
deflationary currencies are bad news for economic growth. sure you NEED it today so you buy it today.. the loss is your purchasing power, you could have bought 2 cars today for the price of 1 yesterday, but you NEEDED it. what kind of bullshit is that? money shouldnt work that way. look at the lost decades of japan. thats what a deflationary currency will do to an economy. sure, day to day things will seem normal, you need shit, you buy it. but when you look at the long term that economy cant grow
Connor Cooper
>deflationary currencies are bad news for economic growth Are you saying the gilded age industrial revolution never happened?
>cheaper input costs are bad for economic production this is literally what you are saying please get off this board immediately
inputs would appear cheaper in nominal terms, in real terms they are not. you cant even compare pre nixon shock gold standard bretton woods system to our modern system, and your trying to compare to industrial revolution times? dude..
Adam Stewart
I'm hoping the market goes to 50 billion where it belongs and 98% of the shitcoinage dies so I can get rich with the only cryptos that matter.
Anyone who has a degree in computer science knows what I'm talking about.
Lincoln Martinez
That's why you should always ask yourself "Why does this crypto need a coin/token?
And then, you invest on the ones that have a real tie to fiat and actually make sense both financially and technologically. I could probably count those cryptos with only half of my left hand.
Camden Myers
B T F O T F O
Brayden Bell
only BTC and MAYBE eth will survive just because they are the biggest ones around. even then i dont think we will ever see crazy growth as we did in 2017. all this chink shit will eventually die
Benjamin Clark
There was a series of harsh depressions after the greenback became used less. The industrial revolution happened in spite of hard money, not because of it.
Hunter Gray
Nah I'll just fuck my very white girlfriend when she gets home, but thanks you basic-insult-spewing little autist. Go outside, it's good for you.
Sure there will be private blockchains but listen to he's very much correct. There will be a shitcoin apocalypse and 99% of projects will die. This whole ICO, ERC20 bullshit will die. But the good ones are going to make those of us smart enough to seperate the chaff from the wheat very, very rich.
Andrew Butler
kek, I do have a degree in computer science Cryptos represent the advent of non-counterfeitable digital commodities. They're a revolution in financial instruments. I do hope you keep out though, it's just for naysayers to stay poor.
Jayden Walker
The funny thing is if there is a 20117 2.0 in 3 years it is still literally Getting rich Quick.
Owen Anderson
>But the good ones are going to make those of us smart enough to seperate the chaff from the wheat very, very rich.
no it wont. its never going to be insane exponential growth like last year. sure it may go up some, but it will never explode 5000% in a year. its already expensive for "normies" and as i said it literally has no use other than gaining value espeically when private, faster, BETTER blockchains exist. Bitcoin will no longer make anyone rich unless they already have money
Joshua Martin
Would you look at all of these brainlets lol. All speculation, nothing substantial. Completely omitting the fact that it’s only just started and projects are now being implemented into the real world. Btw, I’m actually a big dick chad so my advice is worth more than you incels lol.
Alexander Ross
>I do have a degree in computer science that doesnt mean shit. CS degrees dont mean you understand economics and the truth is almost all of this is complete trash
Henry Hill
agreed. ETH and alts will make gains, but BTC is going to trade sideways at best, but will more likely keep falling until it lands around $5000-6000.
Aaron Hall
BTC will be no less than 75k USD at this point next year. I was talking about other projects, good projects. They're in the top 10 and biz likes to hate on them.
Zachary White
>They're in the top 10 TRON is in the top 10 lol. thanks for proving my point that this is a bubble full of worthless shit
Matthew Nelson
and if you read what I had been reading I was talking about good projects. I said this ICO erc20 bullshit will die. 99% of this shit will die. The stuff that comes on top, if you're buying right now, will make you very rich.
Samuel Turner
>Projecting this hard
Nathaniel Hughes
>The stuff that comes on top the only thing that will survive is BTC and it wont make some one rich unless they have a lot of money already. youre actually agreeing with but you dont know it. this is a bubble
Michael Murphy
Good post but I'm bullish on the 4th industrial revolution meme. Crypto solves too many problems all at the same time, the potential for massive societal change is almost horrifying. The bubble was a paper bubble so we MIGHT not see it again, but there is still very good money to be made and now is the time to start looking.
There's no reason for all these alts to be as expensive as they are. Everything is far overvalued. Tether printing money pretty much catalysed BTC's growth from $2-3K to $20K within the space of a year. There are thousands upon thousands of shitcoins that have no real-life use cases. Even if they do try to have real-life use cases, they try to unnecessarily apply blockchain technology in areas where it wouldn't even be beneficial. All this commodity is useful for is speculation and trying your luck in trading.
Lincoln Price
BTC XLM/XRP IOTA that's what will come out on top
Liam Nguyen
agreeing with me* >unless they have a lot of money already
and thats a big if it even goes up anymore
Samuel Adams
>XLM/XRP >IOTA you poor soul....
Joshua Powell
No, no I'm not. Guess we'll just have to wait and see
Brayden Barnes
>Tether printing money pretty much catalysed BTC's growth from $2-3K to $20K BTC's growth from 200 to 1k is widely accepted to have been incredibly fake bot trading and we will literally never see $200 again. People don't care about that shit.
Grayson Perry
kek gotta love the self fudding threads like these. Sell the BTC, sell sell sell sell sell get out now the sky is falling, the sky is falling
SELL
crypto is dead. that's why biz is still making posts about it being dead every day right? lmao
Lincoln James
>this all smoke and mirrors overinflated overhyped bullshit
Nathan Kelly
Of course its ponzi. Nobody is rushing to buy BTC at 10k, so we bounce of 6k, shorts get liquidated, and then big guys long to 10k. Here they realize no one is buying this shit and they short again...its traders market because liquidity is venezuela level.
Alexander Wright
quality post m8. top shelf damage control.
John Richardson
Dumb money like us are the cancer in the market. Stop thinking that normies will contribute to the market, the relative little value posted in is not worth the insecurity.
Also, there have been tons of posts on here and other crypto places measuring market confidence indirectly.
Now suddenly after those posts mostly have stopped, we begin to see many posts about a bull run.
Expect the market to hit new lows within the next 30 days, for then to have a small run above current value.
Benjamin Butler
>inputs would appear cheaper in nominal terms, in real terms they are not bull fucking shit Back during that time they increased in REAL TERMS, that's why the deflationary gilded age had extremely high levels of economic growth
>and your trying to compare to industrial revolution times? I was just refuting your silly idea that inflation is necessary for a currency to work. Obviously it's not.
Logan Torres
>I want to be impoverished and enslaved enjoy your central banking enslavement and wagecucking
wrong, the long depression was largely a myth, real wages increased during this period the gilded age was the most stable time for the economy
John Walker
Lotta fud their fren. Going long x25 wish me luck.
Parker Jenkins
They don't understand. They're good little goys that genuinely think saving cash and having their money be worth 7% less YOY is a bad idea. They are the perfect example of useful idiots.
Jose Hall
now at days it does, mong. this isnt the 1800s. if a currency is not inflationary, wheres the incentive to spend it? monetary and fiscal policy looks to increase spending to stimulate the economy - thats why trump cut taxes. more money in the consumers pocket = more money being spent in the economy = higher revenues, etc. if youre looking to preserve your wealth, do not look at currency. deflationary currency would not work at all today, especially in a country like USA where the population is growing. if there were only 21M dollars MAX and capped off in the economy like there are 21M BTC, and new participants enter the market (birth,immigration) only 21M dollars to go around, people need dollars and demand them to purchase items, the purchasing power of the dollar goes up, which means prices are falling. >the long depression was largely a myth im pretty much done with you, idk if youre a troll, if not i dont get where you got your indoctrination but youll probably grow up one day.
Jack Sanders
>if youre looking to preserve your wealth, do not look at currency
if anyone holds more than 10k in currency, unless they plan a transaction soon, is completely retarded
Christian Mitchell
>wheres the incentive to spend it To fucking survive you dumbfuck. toothpaste, housing, cars, clothes
Hunter Johnson
Nah, don't worry. Look at the charts - Ethereum is gradually decoupling. Correlation analysis shows it's still pretty tied in, but going down. Flippening is inevitable imo.
I just shifted my trading bots to base off Ethereum yesterday though (BTC bart is annoying as fuck to account for), so I might be biased haha.
Easton Kelly
>now at days it does, mong. this isnt the 1800s do the laws of economics MAGICALLY change depending on the year?
>wheres the incentive to spend it? There's less incentive, this is good. Savings is the lifeblood of the economy. People will spend large amounts at some point, but underconsuming is very important to create capital production.
>monetary and fiscal policy looks to increase spending to stimulate the economy Keynesian bullshit that has failed us time and time again.
>im pretty much done with you But it's true though. Looks like you get all of your info from kike university textbooks instead of actually looking into things. The "long depression" had falling prices and growth in real wages. If we had the same "long depression" today it would look like a massive economic boom.
>but youll probably grow up one day. dat projection
>To fucking survive you dumbfuck. lol so its all good that the economy is stagnant and theres no real growth - as long as we get our basic necessities - why not have that too, and prosperous growth?
>pic related - what a deflationary currency does to an economy
>do the laws of economics MAGICALLY change depending on the year? yes you fucking retard.
Wyatt Clark
margin fags like you are why you get barted
Jordan Edwards
How about you fuck off and let people who've earned their money decide what to do with it. Without them having to worry about inflation and other bullshit. Fucking little faggot, you're a women in a boy's body trying to tell other people how to live and what to do with their money.
Aiden Gonzalez
>yes you fucking retard.
>the laws of gravity change depending on what year it is
