Nebell
2[H]4U
- Joined
- Jul 20, 2015
- Messages
- 2,383
I must admit, 4-5 months ago I didn't believe that Bitcoin would go below $6000 and stay there for long before bouncing back.
But my expectations were based on the crypto world doing something in terms of development and bringing us closer to the inevitable future.
However, greed took over. I'm sure most of you have visited bitcointalk.org. That forum is pure shit. 99% of talk there is suckers trying to comfort each other about "prices going up". You can't discuss rationally and people instead only want to hear about HODLing and getting rich in the near future.
Anyway, crypto trading as a whole is currently only for the rich people. Bankers paradise. They are doing what they always did, except now they found a brand new playground and are sucking money out of the whole world.
Have we seen the bottom? I don't think so. I'm confident that the market is being manipulated down so we can again see huge gains in the future. Perhaps $2000 - $2500 is the bottom, where we will stay until it's time for another massive rally. Greed never ends and money has to be made. There will be more waves.
I still believe that crypto is the future and that Bitcoin will one day hit $100.000 (as I claimed here a while ago).
Disclaimer:
I got rid of all my crypto holdings and mining equipment back in September and bought a bunch of board games and camera equipment. Looking at it now, it was a good decision. Maybe I will regret it in 5 years. Right now, I have no regrets, living the traders' life was too stressful. I would rather just take photos
But my expectations were based on the crypto world doing something in terms of development and bringing us closer to the inevitable future.
However, greed took over. I'm sure most of you have visited bitcointalk.org. That forum is pure shit. 99% of talk there is suckers trying to comfort each other about "prices going up". You can't discuss rationally and people instead only want to hear about HODLing and getting rich in the near future.
Anyway, crypto trading as a whole is currently only for the rich people. Bankers paradise. They are doing what they always did, except now they found a brand new playground and are sucking money out of the whole world.
Have we seen the bottom? I don't think so. I'm confident that the market is being manipulated down so we can again see huge gains in the future. Perhaps $2000 - $2500 is the bottom, where we will stay until it's time for another massive rally. Greed never ends and money has to be made. There will be more waves.
I still believe that crypto is the future and that Bitcoin will one day hit $100.000 (as I claimed here a while ago).
Disclaimer:
I got rid of all my crypto holdings and mining equipment back in September and bought a bunch of board games and camera equipment. Looking at it now, it was a good decision. Maybe I will regret it in 5 years. Right now, I have no regrets, living the traders' life was too stressful. I would rather just take photos