This is it, your official headsup. For the next 6 months Bitcoin will trend lower, eventually correcting just below $2,000.
>But what's the catalyst? Introduction of Bitcoin futures by CME. Hedge funds are going to short the shit out of this, and if you can't see that you are probably deficient.
>What will exacerbate it? This whole tether bullshit. Once it starts unwinding, it will be a very strong negative feedback loop. This is going to require a full correction to below $2,000 before we can start moving up again.
You have been warned. Don't be a fucking retard. This is literally how you sell high.
-Wolfgang signing off
Chase White
wrong, btc will keep rising until 15k before it corrects to 12-13
Evan Morris
Enjoy holding your bags. You will regret being so greedy and counting on it going up forever, always telling yourself "just a little bit higher before I sell"
The combination of CME futures and tether is the perfect setup for a bubble burst, especially after increasing 12 times over in price in under a year.
Oliver Lewis
OK dude
Josiah Edwards
Actual pic of OP
Ryan Allen
BTC is now 200B this graph is oudated
Gavin Thompson
bitcoin is over 100 billion now. people must be buying a fuckload of drugs and kitties!
Adrian Adams
Hackers will pump it Whales will pump it Bitfinex with fake tether and bots will definitely pump it None of this real world shit will affect btc at all
Alexander Anderson
9/10 theory
Anthony Wilson
>posts an outdated graph >buy now Yes, you should have bought then. Now you're fucked because you're an idiot. A fool and his money are easily parted.
Luke Murphy
>the real world doesn't matter any more >this time is different >new paradigm
Jason Nelson
This is one of those spooky posts that made me take profit recently. This market is getting filled up with people who are frankly delusional. And on top of that don’t know wtf they’re doing at all. How many threads have you seen recently “What’s a wallet?” Just seems like time. For now, at least. Feels like 2013 all over again
Elijah Morgan
Bow down to the emperor: IOTA
Ethan King
Someone aware me on how a bubble burst would play out in the minds of all the normalfags who are just now learning about crypto. Wouldn't they become disgusted and leave forever, and wouldn't this be something that the big groups pumping BTC would try and avoid? I'm hoping it does crash, but I need to play devil's advocate because you never know for sure.
Logan Ross
Yeah it’s the start of a bubble. Give it more time and then cash out.
Or switch to Monero
Gabriel Lee
Since this thread was created it has gone up 4.8%
Andrew Cook
Yep. There's tons of new money that has never gone through a BTC meltdown before. The people I really laugh at are the people who lost during mtgox and are about to lose again though.
>start kek.
Nathaniel Howard
What about a short squeeze happening? BTW, Look at Substratum order book
Jordan Murphy
This bubble is going to be epically huge.
The difference between now and last time is all the VC money going into crypto now.
I work in sales at a Silicon Valley tech company, and starting last year, I’ve been talking to tons of crypto companies flush with cash.
The price of crypto will continue to grow for another year or two, and then the rug will fall out from underneath many of these scam coins
Jacob Gutierrez
Bitcash Wwiwin!
Justin Moore
Applying current numbers to this confirms bitcoin will become the currency to which all nations' currency becomes pegged. Eventually it will be impossible to value
Eli Sanders
All crypto is at Amazon tier now
Joshua Sanchez
it’s going to 50k
Nathan Sanchez
Larry Page is a bubble
Liam Morris
>new paradigm
Mason Torres
>it's an assblasted nocoiner episode
Logan Reyes
Why not? This timeline is programmed for maximum weirdness
Nolan Wilson
It's certainly possible OP. I think we might see an even bigger short term bubble at this point, and then a more drawn out bear market until 2020 or so.
Evan Robinson
It will keep rising forever and ever
It has literally never fallen
Kevin Morgan
more cheap corn for me
Juan Sanchez
Bitcoin's decentralization will lead to its own downfall.