khun
Short

Endgame For Bitcoin

KRAKEN:XBTEUR   XBTEUR
Final Destination: Bottomless Pit

Let´s be honest, the fundamentals are just too bad and rejection after just breaking up super weak. My bets are on Ether here...

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terranix
9 months ago
Me too
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khun
9 months ago
My final conclusion: Bitcoin is nothing more than an live experiment which was meant to inject new tech and have it tested. Those who still believe it was anything else are mostly socialists who have no clue about basic economics or amongst the 1%ers who pretty much own an outrageous majorityof all bitcoins due to early mining /buying. I have been a big supporter once, but this thing is doomed to fail.
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khun khun
9 months ago
*Sorry for typos.... It´s just the last 6 words that do matter though anyways.
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btc_joe PRO
9 months ago
"Let´s be honest, the fundamentals are just too bad and rejection after just breaking up super weak." Lets be honest, the amount of people who agree with this view are scarce. All that matters from a fundamental perspective are 1. Halving 2. Global Economic Woes 3. Continued progress towards scaling bitcoin (yes progress, no the debate is not over, bitcoin will continue to "fail to scale" through out the whole journey to being adopted). Fundamentals look good, TA looks even better zooming out to the bigger picture--sellers exhausted in the flash crash to $160, nice trading range between $200-$300 for like a year for accumulation and cool off after such big drop..then the explosion to $500 as the first leg up in a bull market. Then weeks and weeks of higher lows and lower highs for a nice handle to the cup, or just a huge pennant however you want to look at it, now we are ready to break out over the next weeks. The picture is clear here, we are in a bull market, another drop should not last long, if it even comes.
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VerthagOG
9 months ago
I think it survived .....................
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