Bitcoins are officially donkdown

[Forum Wars]

Soooooooooo.... we gonna see another pop to 11500 or so, or is this the big return-to-4-figures that everyone has been fearing?

Tempting to buy some and take a flier, but I just kinda have a feeling that this one might be the big beatdown.

Druff, honestly, I think you have a higher chance of a better risk-adjusted return by just taking that "flier money" and increasing the size of your basketball bets that you've been doing. I honestly do. You might make more in bitcoin, but, I think you're risk-adjusted return would be much higher with the basketball bets...I think the odds of what you're doing is profitable are high even with that sample size and not knowing what you do. You should still be able to avoid a ROUT (quiting when you realize that you thought you had a good system but didn't), which you couldn't do with BTC if it goes into a true freefall.

BTC 9,761, but only because the next fool will pay that right now...could be 20,000 or 2,000 next month.

[Dan Druff]

I think Micon came the closest to this - from the guys on these sites - and even he couldn't get anywhere near the zenith #

Micon's belief since the early days was to hold bitcoin and that they would be worth a fortune one day.

However, the rumors I hear are that he hasn't practiced what he preached.

No confirmation on this, but that's what I heard from a number of people.

[sonatine]

seriously tho facebook straight banned cryptocurrencies; try to imagine how many people that flushed out of the market.

[Forum Wars]

https://www.seattletimes.com/opinion...-ponzi-scheme/

This is from today. Maybe I should be liquidating...




...my assets and puting it all in BTC and going into a 7 year coma...

[sonatine]

https://www.seattletimes.com/opinion...-ponzi-scheme/

This is from today. Maybe I should be liquidating...




...my assets and puting it all in BTC and going into a 7 year coma...

What about the fact that those who bought bitcoin early have made huge amounts of money? Well, people who invested with Bernie Madoff also made lots of money, or at least seemed to, for a long time.

[snake_in_the_ass]

Bitcoins today are worth the same amount as they were last week and the week before. They are up about 700% since the beginning of the year. I wish all my investments were as officially donkdown as this one.

they will be, hoser.

Flashback, from 2013.

[SetofKs]

Pretty fucking obvious what happens next. Weak hands are gone. Big money has bought in cheap. Now time to change the news cycle. Media will start creating FOMO.. In feb I expect to see stories along the lines of Bitcoin price will never be this low again. January's crash was completely normal. Now that korea etc are back in the game btc skyrocket etc. I predict this will start next week

[big dick]

Pretty fucking obvious what happens next. Weak hands are gone. Big money has bought in cheap. Now time to change the news cycle. Media will start creating FOMO.. In feb I expect to see stories along the lines of Bitcoin price will never be this low again. January's crash was completely normal. Now that korea etc are back in the game btc skyrocket etc. I predict this will start next week

.

[badguy23]

Soooooooooo.... we gonna see another pop to 11500 or so, or is this the big return-to-4-figures that everyone has been fearing?

Tempting to buy some and take a flier, but I just kinda have a feeling that this one might be the big beatdown.

Id wait til it dips to $8700 then pounce!! Cuz its going there! A little drone told me that

[Krypt]

SICK REVERSION

[lol wow]

krypt do not fall for tines web of lies you have like 3 more years before you body paunches out armenian dad style DO NOT LET HIM DRAG YOU DOWN WITH HIM

[Mintjewlips]

I literally lost $80 on my way to the bitcoin ATM, not to mention the 5% fee.

[snake_in_the_ass]

I literally lost $80 on my way to the bitcoin ATM, not to mention the 5% fee.

5%? That's cheap.

[Mintjewlips]

I literally lost $80 on my way to the bitcoin ATM, not to mention the 5% fee.

5%? That's cheap.

Yes, that's what I was thinking, but I'm not going to argue with that lol.

[big dick]

Pretty fucking obvious what happens next. Weak hands are gone. Big money has bought in cheap. Now time to change the news cycle. Media will start creating FOMO.. In feb I expect to see stories along the lines of Bitcoin price will never be this low again. January's crash was completely normal. Now that korea etc are back in the game btc skyrocket etc. I predict this will start next week

As the Internet is to information, Blockchain is to Money.

Information matters - but to most people - money matters a lot more.






I can't take credit for that sadly but there is a lot of truth to what he said,and no Im not A blockchain expert it's confusing af tbh but I have figured out that it's gonna be used worldwide in peoples daily lives going forward and therefore is going to be worth a dickload of money.

[Brittney Griner's Clit]

Pretty fucking obvious what happens next. Weak hands are gone. Big money has bought in cheap. Now time to change the news cycle. Media will start creating FOMO.. In feb I expect to see stories along the lines of Bitcoin price will never be this low again. January's crash was completely normal. Now that korea etc are back in the game btc skyrocket etc. I predict this will start next week

As the Internet is to information, Blockchain is to Money.

Information matters - but to most people - money matters a lot more.






I can't take credit for that sadly but there is a lot of truth to what he said,and no Im not A blockchain expert it's confusing af tbh but I have figured out that it's gonna be used worldwide in peoples daily lives going forward and therefore is going to be worth a dickload of money.

You would like to be able to take credit for that? I read it five times at least and I don't get it Can you explain how they correlate?

[Salty_Aus]

Pretty fucking obvious what happens next. Weak hands are gone. Big money has bought in cheap. Now time to change the news cycle. Media will start creating FOMO.. In feb I expect to see stories along the lines of Bitcoin price will never be this low again. January's crash was completely normal. Now that korea etc are back in the game btc skyrocket etc. I predict this will start next week

As the Internet is to information, Blockchain is to Money.

Information matters - but to most people - money matters a lot more.






I can't take credit for that sadly but there is a lot of truth to what he said,and no Im not A blockchain expert it's confusing af tbh but I have figured out that it's gonna be used worldwide in peoples daily lives going forward and therefore is going to be worth a dickload of money.

Thing is, owning BTC or any other cryptocoins is not going to equal money in your pocket regarding future use of blockchain.

Whoever monetizes this technology will do it themselves. As in, if a bank decides to use this tech for credit or debit cards they will do it with their own custom proprietary software.

[big dick]

Blockchain is gonna be huge like the internet is and widely used like the internet.

[big dick]

As the Internet is to information, Blockchain is to Money.

Information matters - but to most people - money matters a lot more.






I can't take credit for that sadly but there is a lot of truth to what he said,and no Im not A blockchain expert it's confusing af tbh but I have figured out that it's gonna be used worldwide in peoples daily lives going forward and therefore is going to be worth a dickload of money.

Thing is, owning BTC or any other cryptocoins is not going to equal money in your pocket regarding future use of blockchain.

Whoever monetizes this technology will do it themselves. As in, if a bank decides to use this tech for credit or debit cards they will do it with their own custom proprietary software.

Or these companies will buy the current crypto companies or partner with them instead.
Nobody knows for sure, it's a gamble ,but blockchain 100% will used going forward.

Here is a 2 min video on icon website showing one use of blockchain. Give it the full 2 minutes and then tell me insurance companies are not gonna use this? Or Dr's?

https://www.icon.foundation/contents...roduce?lang=en

[Dan Druff]

People buying up today's crypto, stating, "This is the future! I've got to get in on the ground floor!" make about as much sense as someone who bought up thousands of Betamax VCRs in the early 1980s, stating that they would be the future of watching television.

Even though the concept of recording television shows was indeed revolutionary and changed the way television entertainment was viewed, anyone who hoarded the earliest technology (believing it to be more valuable later) would have gotten destroyed.

I don't doubt that blockchain technology will have use in the future, and I believe cryptocurrency isn't gong away. However, all forms we see today will not be long term players, and people in 2030 will be laughing at fools in 2018 who thought bitcoin were going to be eternally valuable.