We are officially in depression. Get some meds or we are all going to commit suicide.
We are officially in depression. Get some meds or we are all going to commit suicide
Everyone thinks they're depressed but it can get much worse.
We all need a stiff drink.
We wont hit bottom until its zero.
This. This is more than a normal crash. Tons of alts are sub-ICO and STILL plumetting. BTC is probably 1-2 days away from freefalling another 30%. This may unironically be the end.
Zoom out.
Another 134k to be dumped over the next 12 months.
This is capitulation.
It's over bros. I'm going to miss you all.
Sold at the last push to 10k if you’re still in you’re a fucking moron and aren’t cut out for this shit
You guys who haven't been around for awhile - alts are still fucking mooning as long as BTC < 60% market cap.
There's just 5 fucking million alts
lol no the read bubble would be depression, markets 101 ur welcome kiddo
depression is lower than anger
Do people ACTUALLY believe this? You think Bitcoin is going to go to literally ZERO? I swear, the bears on this board are even more delusional than the bears
If you are still bag holding then you are fucking stupid. Way to sink your life savings into nothing.
reminder every time someone says theyre in depression they think they can pretend that so hard the universe will believe them. This urge comes from the fact that the chart goes UP after depression. Depression is the best place you could be. Any time youre desperately insisting things are just about to get better, while they keep getting worse, youre all the way back in denial.
Yes, because its all fake internet money. The real fools are the ones that thought it had any value.
If green all crypto hits zero
Bitcoin is at least backed by black market.
This is the only graph that matters. This graph shows billions of dollars in continued long-term investment in the bitcoin network, even as prices decline. If you genuinely think bitcoin is going to 0 you are not intelligent enough for this game.
Looks like it’s about to crash
Which makes it even more of a target for world governments. The EU is in the process of banning fucking memes, what makes you think they wont go after your black market coins?
This is hashrate you brainlet
The bulls of Jow Forums go on and on about miner costs and institutional investors and yet the price continues to tank. At this point we're hitting lower lows barring the VERY brief wick to 5800 back in February (which we're likely to go below anyway soon). Has it occurred to you that BTC, and crypto generally, may fail regardless?
looks like its getting more variance near the top
No not really
Don’t get yourself so worked up about short term price action. Price is a dependent variable and also is easy to manipulate. Yes, it could fail regardless, but from an investing viewpoint we see that recourses are continously being added to the network regardless of current price and that is a massive long term bullish indicator.
It would be fairly simple to break this up into quarters and calculate that hypothesis.