From seeing many of the comments on ideas (ideas that are less negative than previous ones) as well as forums and chats, bulls used to laugh at bears and now? They are getting angry and insulting them, AND EVEN THREATENING THEM. What is wrong? Feeling a little nervous? :)
Just go look at comments to any bear idea and you will see what I am talking about. It is impossible to miss. The sentiment has very clearly shifted.
So I feel it is time to publish a new idea for the next step in market cycles. Anxiety!
Right now I do not even know if we have the capacity to go up. Even with manipulation. I will close what is left of my Bitcoin long as I publish this idea, and wait.
Sit back and watch the fireworks. Any time now :)
Think the suckers that fell for this scam are going to get angry at shills that baited and scammed them? OF COURSE NOT! Most of them are going to get angry at people like me that "hate" crypto and "spread FUD" (pathetic and so stupid right?).
They cannot be saved, all we can do is take their money. The world is a much better place if we have the money and they have as little of it as possible :)
Some quotes from that high quality journalism article: 'Now, eight months later, the $23,000 he invested in several digital tokens is worth about $4,000, and he is clearheaded about what happened.
“I got too caught up in the fear of missing out and trying to make a quick buck,” he said last week. “The losses have pretty much left me financially ruined.”'
'“What the average Joe hears is how friends lost fortunes,” said Alex Kruger, a former banker who has been trading in the cryptocurrency markets for some time. “Irrational exuberance leads to financial overhang and slows progress.”'
'Kim Hyon-jeong, a 45-year-old teacher and mother of one who lives on the outskirts of Seoul, said she put about 100 million won, or $90,000, into cryptocurrencies last fall. She drew on savings, an insurance policy and a $25,000 loan. Her investments are now down about 90 percent.
“I thought that cryptocurrencies would be the one and only breakthrough for ordinary hardworking people like us,” she said. “I thought my family and I could escape hardship and live more comfortably, but it turned out to be the other way around.”'
'“I guess I thought we were ‘sticking it to the man’ when I got on board,” Mr. Herman said. “But I think ‘the man’ had already caught on, and had an exit strategy.”'
The man? What does this monkey mean? The officials that spend their times makings rules to fuck me and protect monkeys like them? Taxes sent me yet another paper like wtf, they keep taking everything I have.
'Tony Yoo, 26, a financial analyst in Los Angeles, invested more than $100,000 of his savings last fall. At their lowest point, his holdings dropped almost 70 percent in value. .... With prices down so much, he said he was actually looking to put more money into the markets. ' Looks like another sucker that is going to "average down" and end up on @bagholderquotes.
Keep this in mind: Bitmain IPO papers show they're not hoarding. They're selling more than 90% of the BTC and ETH they mine. Assuming they control 50% of mining (probably much more) that's at least 6M in BTC sell pressure and 3M in ETH sell pressure *every day*. Even Tether can't offset that.
Don't worry crypto bagHODLers, you might get half your money back (minus inflation of 5% a year) in 15 years. Just HODL.
If you picked the right crypto (assuming there is one), what EVERYONE think they did, you have a shot at getting your money back in 20 years counting inflation. Hey you even get paid! Since crypto's produce something and pay dividends, right? right? ]:-)
“Change Your Outlook. Bravery Will Return Massively” Yeaaaah suuuure, finance is about being "brave". Riiiight.
Can't really deny the head and shoulders pattern forming. If it does play out than there will be true "blood on the streets." Usually the bottom is achieved when the majority of the retailers are so scared to invest that they are thoroughly convinced that crypto is dead...and that's when the real players step in. But a massive sell off has to happen first and it's still on the way.
tenzor7
⋅
Vegeta remember that sentiment changes at peak sentiment. Exaterating bears are just as silly looking as exaterating bulls.
O_Fortuna
⋅
I'm not saying its impossible, but this scenario can really only play out if ETH fails entirely or another project comes along with better tech and developer adoption, neither of which I would bet on at this moment. If Vitalik comes out and says whoopsies, POS and sharding don't work after all, then I will panic.
you mean eth will never go up again?
and it keeps decreasing to 10$ by 2020?
Bullion_Money
⋅
$6 ether. Shut the front door. But i will be mortg my house for that deal lol.
traderjoe999
⋅
@Bullion_Money, Beanie Babies sell for $1 now. Great Deal!
Bullion_Money
⋅
@traderjoe999, U think the first smart contract coin is equivalent to beanies? I dont think so ok they might not be worth 350 but def more than 6 lets go 150.