I don’t even think we have bottomed. I think 1K - 2k region is bottom.
CryptoTlatoani
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@ITakeUrCrypto, I think Whales are supporting current BTC prices to bring stupid people to believe that will rise, but then BTC will fall very likely to 4k, is going to be bloodbath for stupid people and for intelligent ones goldbath.
This kind of post are the ones that trying to catch people into monthly membership after few losses. they post lies then sell to you the solution.
ITakeUrCrypto
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@hevelyus, I agree with the whales keeping price afloat right now, but i just don’t think we bottomed. Nothing on the macro timescale screams bull to me. Even the 4hr is looking like an inverted Adam and Eve.
CJ06
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@hevelyus, That's what stupid people said when BTC was 100 "It's a bubble, it's gonna disappear", then thats what more stupid said when it was 1000, and thats what more and more people said when it was 10.000 and all those stupid people all together bought at 20.000, and that's how the smart people with an investment plan a target made money and how the stupid greedy ones lost money. Good luck bro, I wish you only good luck in this volatile market, but don't forget, Bitcoin is a bitch, so pay her and take advantage of her services, don't fuckin love her.
@CJ06, Hmm.... You never know. We've been in a debt bubble pretty much since Bitcoin was first launched. Could be that it was growing alongside traditional markets the entire time and it may not have what it takes to survive a depression or recession.
To be fair, it did get hijacked by the very people it was designed to rebel against. So since it's the coin of oligarchs and investment vehicle of institutions and billionaires, what do we do now? Hope it makes them go broke?
Best case scenario, this market forces institutions, whales, and the Chinese miners that control more than 60% of the network out of BTC and the people can take it back. Enable segwit and lightning finally (big Chinese company that owns BTC won't be able to vote it down anymore because it won't have majority shares anymore). In order to achieve all of this we're gonna need a much cheaper BTC to squeeze these bad actors out.
Also, stop calling people stupid. It doesn't look good on you.