Worst case scenario we wait 1000+ days for new ATH

do you have the patience?

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NO I NEED MOON NOW FUCK

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My guess is that we will see a new high in 2021

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Buttcoiners need to realize that the ATH of BTC has already passed. By the next time people start investing in crypto, a project that actually does something will be used to store value. Rather than assigning value to monopoly money, they will assign value to a token that has utility besides "DIGITAL GOLD LOL".

For the record, you can't even call it digital gold, or horse manure, because BOTH of those things actually provide some type of value. BTC is digital monopoly money.

Also the sooner the flippening happens, the sooner people will take crypto seriously.

Also there will be a new all time high by early 2019, BTC will be discovered to be a total shitcoin by then.

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>Source: My ass

just a friendly reminder. :3

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That's not the worst case scenario. Worst case scenario is that it will never go back up, and that crypto is dead. Any scenario in which we reach a new ATH is rather optimistic. I think we will pull out of this, but it's not a sure thing.

this!

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Digital monopoly money made it that high. Once ETH or something similar becomes #1, and actually is fast enough for real world transactions, crypto will surpass where it is.

Don't forget, some companies WANTED to accept BTC during the bullrun. THEY COULDN'T BECAUSE ITS TOO FUCKING SLOW.

The sooner that shitcoin dies, the better off literally every coin is.

I honestly believe the whales who accumulated millions of dollars worth of BTC, and Mt. Gox, are trying to keep btc at a reasonable price as they sell off to retards still thinking its "THE" coin to take profits to. They know institutions aren't retarded enough to buy that shit, and institutions will be a part of the next big bull run. They need to DUMP btc fast before it goes down too low.

This explains why we've been seeing the patterns we have.

why don't these fags pump ETH?

If there is anything that's gonna survive then it's the concept of distributed apps.

The Rothschilds don’t want to give you fuckers a moon. They already converted all of their bitcoin into gold and stored it in Fort Knox and you won’t be getting it back. If you don’t believe me just check my digits.

>it's been 133 days since January 8 and still no signs of us getting close to ATH

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They are buying ETH most likely at the bottom. Once they figured it couldn't get much lower Soros makes the annoucement. Then once they figure it's overpriced, Soros and friends sell, short and then wait for the next cycle.

You can't beat him, your best bet is to get rich following his path. Also you don't PUMP until you've bought in yourself. Soros seems to bought in, the reddit fag Ohanian also probably bought in (reddit started accepting ETH again, and he also said $15,000 EOY for ETH).

Some of the others probably haven't bought yet, or just haven't gotten as much as they wanted to. Until then they are going to keep forcing this swinging pattern so they can buy high, sell low, shake out the panic sellers, and get more coins.

They know where the top and bottom is. We don't. I think the smartest move long term is to not take profits to BTC. I wouldn't be that surprised if the flippening was in the next few weeks. But it could also be a year.

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>Worst case scenario we wait 1000+ days for new ATH
you been here all summer user?

some of us here actually traded through that whole period and understand it much better than you do

Even a remote possibility we will ever see 1ml+ BTC. I can wait until my death bed bring it on.

go on.

Its fine aslong as it keeps going sideways and not down

I like many others have abandoned btc for more lucrative projects.

BTC will never have a new ATH

you know that period people talk about where Jow Forums didn't talk about cryptos? just drop shipping threads and people asking how to set up porn sites. it was roughly ~1000 days.

when it started the cracks were starting to show at mt. gox until it finally imploded and the world forgot about cryptos after that. bitcoin was the only major chain back then and didn't have any use cases yet, so when the price crashed it was useless. all people knew about bitcoin was you needed it to buy drugs on silk road.

now, crypto news is covered by CNBC and Bloomberg almost daily and smart contract platforms are becoming web 3.0. anyone who thinks 2013-2015 will happen again is deluded past the point of return.

This but unironically

So with clear sight you see them as they are, but with shades on you see Bitcoin as a pile of poo

STINKY LINKIES

That’ll do

I hope everyone unironically knows this

You have to be 18 to post here kiddo, it's from a documentary called They Live. Pirate that shit before bedtime tonight.

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>Correction Period
12/17/17 to 7/29/18
# Days
>239
Bitcoin High
>19,783
Bitcoin Low
>3,277
% Decline
>83%
% Return to New High
>503%
New High Date
>9/6/2020
# of Days to New High
>771

wrong. Sideways for a decade, minimum.