Despair

regular people have capitulated, you are just the last of the bunch, aka the biggest idiots alive right now. well i hope at least you'll go down in the history books as the biggest retards ever to participate in a financial market. you'll be an example of how not to.
shout out to all smart people who knew when to sell at least a large part in december though

We are clearly in greed.

Still -2500$ bitcoin price to go friend

We're going to $1500, and it'll take a good remainder of the year to do so

we're still at take off

What if I told you we are actually at that first bear trap where institutional investors are coming into the market?

way too many 0's there, bullfag

lol why would institutional investors pump our bags

Normies have been of the opinion that crypto is dead for months now. They've pretty much all been flushed out. Not sure how you think we haven't long since hit capitulation.

we're still in new paradigm

Open a huge put on SPY ending late September/October. Buy Bitcoin now. Thank me later.

It does this every June. It’s Chinese Arbor Day.

Normies don't count.

the only thing on my mind is whether that was the end of the last downward bart, or if it's slightly delayed and we've got a bit further to fall before the panic sellers' bags are consumed whole by a big green candle upwards, and a new wave of bears is generated.

you don't understand how bitcoin works. almost none of the bears do.

shaking shaking shaking as hard as possible every single trader out.
If there is no one else left to sell, the big ones have to start their buying up.

All those faggets selling and daytrading.
Iron hands would unironically be the saviour of crypto.

I still get warm fuzzy feelings thinking about all the coinfags back in December claiming this was just a meme chart.

well i'm larping but you are likely correct this board is almost dead the same goes for reddit

still a meme chart. btc is worth 6k more than it was last year,

Not saying they necessarily are pumping our bugs, they'd mostly buy OTC I guess. They'll be selling to normies when they FOMO in.

Ummm, nope? We still haven't gotten a proper capitulation. Bubbles don't correct 70%, bubbles don't correct 80%. Bubbles correct 95-99%. Enjoy your 1000$ bitcoin.

No its not, when everyone is holding it just means you make it easier on the market makers to dump, since there's a lot less volume traded.

Well if you were so certain about how this was going to play out you propably had a 100x short on and you're a billionaire now right? Or were you actually just as clueless as everyone else was and just have 20/20 hindsight?

when it go to below 1k i will buy again

Glad bitcoin isn't a bubble and is doing that literally every year. Sometimes even multiple times...the only difference is the time frame which cannot be forseen, obviously.

But this time it popped for sure! This one time...

youtu.be/XbZ8zDpX2Mg

if you adjust the timeframe used to look at this graph you will see that this shit has played out a million times already. without fail when there's a downswing people post this and claim we're in the fear/capitulation phase. ill let you in on a little something. remember when people were saying this would be the greatest generational wealth transfer? (((they))) wouldn't allow that to happen. all of the good goys are dumping now. when it gets low enough the major players are going to jam it, and those whose hands werent strong enough will have missed their only chance to get rich

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Feels like capitulation.

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sure, just know when to SELL also this time fucking idiots. you aren't a fucking pension fund, you are a trader

Wowee, can't wait for the time a single bitcoin crashes down to 65 trillion dollars and then moons to 49 septillion. I mean, it's going to do this right? I can never TRULY go down.

holy fuck based

We need 5500 for despair

We need to sell

Someone make the goddamn sacrifice already holy fuck

i don't want another three years of this sidewards bullshit

fuck

fuck you marius

FUCK

Almost at Denial

Yeah we're gonna keep crashing so hard the value of bitcoin will soon be negative and the Mt Gox trustee will be paying us to offload his bitcoin. The only logical outcome.

Slightly better one

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Good. Bitcoin is the real shitcoin and needs to fucking die. I'm sick of everything being tethered to this antiquated piece of shit.

Capitulation phase is relatively fast. It’s a panic cycle.

Agreed and I hope it happens sooner than later. Rip off the band-aid.

Despair is sub 1k with all alts being worth nothing.

You are here

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We haven't seen a panic cycle yet. This crash has been so far very controlled, panic would be crashing at a rate of thousands in a very short period of time and that still hasn't happened.

Still in denial, just look at this board

I'd tell you that you suffer from wishful thinking. How much did you lose already?

BTC literally is the master shitcoin. It's slow and useless as fuck.

How many times did you buy high and sell low?

>Down more than 50% from ATH, nearing 75%
>HURRRRR WE HAVEN'T EVEN BEGUN TO CRASH YET. WE'RE STILL NEAR THE TOP OF THE CHART AT FEAR AND CAPITULATION DURRRR

The absolute state of these perma-bears

we get in 46 days from 20 000 to 5800 i would say that that is fast

>still no real world use case for crypto after ten years

just cap their posts to laugh at them later. either this board is filled with people who haven't lurked long enough or it's nocoiners who somehow believe they're correct despite predicting a bottom-out like 20 times last year

this argument is false

The problem is there is no adoption because there's no use case and there's no use case because there's no adoption.

D E N I A L

how is 6.5k close to the ATH which is 20k?
Hmmm

Include me in the cap mate. This shit gonna hit 5k

cope

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Why would you risk waiting for 5k when we are at 6.5k and the upside is way higher than the downside.

>muh random % is the truth

kys

i actually agree with you, though i think it'll be closer to 5200. didn't mean to imply i'd be vindicated within the next week

you havent seen true despair. When those who bought at +10k are 95% down, thats when we buy

>le bitcoin always crashes meme xD

debil spotted, kys

>tax evasion
>CP
>terrorism
>bribes
>gambling
>trustless money

You sure about that bro?

Hello new friend what brings you from Pinterest?

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>Marius is your classic counter indicator.

How haven’t you realized this

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we just need some malware that uses 0days to spread and only accepts btc as payments

as some user said it:

State approved exchanged from financial institutes comming this year.
Regulations regarding cryptos so law-abbiding companys can handle cryptos

The current market is here to get as cheap into crypto as possible for the big ones.

Give me one good reason why crypto won't see a moon in the near future again?
Everything is currently under development so that normies and companies can get into crypto.

I agree, I think 6k (number is straight out of my log cutter besides the last big bounce) is the mean. I just saw that $200 drop to 6.5 and for the first time in crypto I said "fuck it we are done". I was afraid in January and I capitulated after we broke 8k the first time. I think I'm entering despair....which makes me not despair in a way.....so I'm confused

Fuck you too cunt.

>96% accurate
>sign up to be a Cryptofriend now and enter promo code "JUSTED" for a 1% discount

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I don't even feel sorry for people like you because you're so dumb you won't even be able to realize you were wrong after the fact

No
This is return to "normal"
The drop is coming

I haven't sold shit. I'm here for a long time, not for a good time.

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This, lmao. He'll be saying the same thing at 5k soon enough.

Because current price is not a reflection of any of those news. Dude, we hit 20k a BTC without a single functional crypto ffs. A heavy correction is due, and it will be ugly.

Institutional money, come one we clearly ate at this point, so many big companies are just now, making exchanges and it's becoming more adult, government has set let's call them new rules, ect ect, look at dot com, only now are they setting rules now, digital media is only at fear

KEK

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You think this chart is an exact course? How dumb are you? It's a guide not an exact plot line. You do realize this, no?

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so when NASDAQ exchange goes live, followed by other exchanges powered by financiall companies, thw crypto world will do nothing?

No one is going to invest in crypto?
We will going down even more to the shitter?

Those big guys spending tons of money to set everything up only to lose money?
Nonono, keep telling yourself that crypto is over, this time for sure.

We're unironically in the first bear trap.

The funny thing is, after the next bull run, we will say that the following drop is the first bear trap.

I started drinking because of this
:(

This. You people actually think mania is below trillion mcap for a global market? This market is fucking tiny lol. December-january was literally just Asia(mostly South Korea) FOMOing in to the market. Did you people already forgot "the South Korea premium"?.

>bitcoin
>"normal"
welcome, newfriend

>this time its different guise !!!1

your retard is showing

It depends on where the next bull run takes us. If it goes to $20k then I would call the next drop a bear trap.

Yeah, even BTC alone is tiny. We're not even close to dotcom bubble levels. We are on this rollercoaster for awhile yet. I don't really care about the bear faggots in this thread, we know what is going on

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>6k
>return to normal
jesus christ

show me the "normal" price of bitcoin...
>>this time its different guise !!!1
the fuck are you talking about?

this.
In crypto you only sell on the big bubble tops. December was the time to sell btc. January was the time to sell alts.
Now its time to DCA and adding to existing holds.
Selling now has a big chance of getting left in the dust

cope.

You have a lot of faith in a project that doesn't make sense in its current state. Bitcoin + LN is not Bitcoin, that's just a bank, a shitty and highly illiquid one by the way.

You are just talking about faith, yet you forget that every fundamental about Bitcoin has been in the shitter for months. If you are here to speculate, fine, you could make some money short term, but if you are here to see a REAL INDEPENDENT asset being traded with the big boys, you are fucked unless that asset is ETH. You can't refute this, and that's why Bitcoin has a long way to go down if those who hold since the beginning, like Roger Ver, decide it's time to dump it all.

In the grand scheme of things that is correct. Short term we are close to despair or in it. We can only tell after its done

Production cost of BTC which is around 5k-6k, then you take in account the deflationary nature of bitcoin and the limited number of btc. On top of that you take in account some speculation mixed with a store of a value thought plus a global reserve currency and then you will see, the sky is the limit.

I thought we all knew BCH is bitcoin now? This is a redpilled board no?