Death spiral

Just a friendly reminder that Bitcoin is going to be sub $5k as early as mid February.

can it go negative?

Once carbon taxes are enacted on each crypto coin, you fucking bet.

Nice fancy meme triangles idiot

lol

can call it memes if you want, sure

...

Isn't this looking more and more like that meme chart for bubbles with every passing day?

>no buying volume
>huge selling volume
>for weeks
>not a sustained downtrend

You do know that triangles tend to break out at around half their length, right?

Not really.

2/3 to 3/4 actually, but this is a continued downtrend, not a triangle.

Draws random Ta lines. Claims its legit. Pajeet spotted.

The only difference is that the crash is slowed down by all the faithuful holders in this particular market.

mfw bought BTC at 20k
by the end of the run I'l end up owing money to the exchange

nigger are you dumb right?
they are trying to shake off retards, 14k en of the week bitch

Okay.

> he doesn't know how volumn and price spreads work together
> muh ta

Great time to buy more then, because it's going to 100k by the end of the year.

I'm from India sir could you explain bettar I don't understand?

nigger look the last 5 candle: The first 3 candles, the price went down but also the volumn -> the sellers got less over time, the last 2 candles: the price also went down but just a little (narrow spreads) + volumn went up -> there are lot of buyers

fucking weak hand normies

>that feel when know that buttcoin is doomed but still create optimistic threads with a false hope of a "new bull run" during every upswing
Am I bad?

Oh thank you sir you are very smart man very very smart man, I have new Indian ICO coming soon sir can I sell it to you sir?

Also sir charting with Bittrex is very good choice sir, very very smart no lagging at all sir very good choice indeed

yes, what ico, sell it you dumb motherfucker

of course!
the most people will tell you it is not possible, but at the zero point the magic is happening. people are selling BTC they dont have and with meme magic the BTC gets negative.
sounds weird, just meme magic.

pic missing

Thank you sir it's very good ICO that I cn give you for 50% discount sir for thank you for sharing knowledge sir ok? coin ticker is PJT sir

>30 min candles

Dude dont sell! Seriously. Just HODL. I want to see you in one of the suicide threads next week.

Sir please don't make fun of my friend sir, he is very smart man with good knowledge and prediction with Bittrex charting not laggy sir not laggy at all stop making fun ok?

>carbon tax
>when China, Pajeetland and Russia exist

I LISTEN TO YOU BIZ AND I FUCKING SOLD AT 11k7, WHY THE DOES IT GOES BACK to 12k NOW

Can't only go straight down. Bounces up a little bit, then crashes again.

>there are people ITT so retarded that they think btc is dying

you have no idea how much money is waiting to flood in once this finds a floor.

oh of course, it's gonna bound to 14k right?

cause you sold, its now going up

serious, will go down more, just mini correction

I've heard that before.
>14k
heh, floor
>13k
heh, floor
>11k
heh, definitely floor
>9k
lmao gonna run so hard now
>5k
g-guys...?

no lol, not even 12.1k, look, there's no fucking buying interest AT ALL

take your money out then more money for me hahahaahaha! owned

you thought that i actually sold like a bunch of meme line faggots here?

>BIIIIITFIIIIIIIIIINEEEEEEEEEEEEEEEEEEECS

You turn into a skeleton as the bitcoin you own drains your life force.

Here we go again boys.

oooh. likely that big withdrawal is now convincing them dem btc to cash to wire back to huurdur bank. ,,

good. fucking die btc

It'll bring every single coin down with it.

I second this

Price is determined by buyer and seller, hodlers are irrelevant

Less amount of people panic selling for a lower price = price falls less dramatically.

>supply doesn't affect price
>hodlers don't effectively reduce supply by removing their held tokens from the trading pool

HAHAHAHHAHAHAHHAHAHAHHAHA

Most experts agree that there will be massive support at 0$, as there usually tends to be. But if we break through that support then yes, we can go negative and hodling will start to cost you money.

It's a fairly unlikely scenario though, so I wouldn't worry too much about it.

k3k, ye for 2 weeks.

Lube it up, bye bye.

Can't believe you fell for the bait.

>he was only PRETENDING to be retarded!

>Then BTC suddenly pumps
>Have to redraw your meme lines to fit your narrative

I own zero Bitcoin.

>narrative
>implying I want it to crash and burn killing the whole market

>death spiral
take your bcash memes back to /r/btc late adopter

Lucky Chinese dubs of truth.

Never touched BCH, try again.

You can tax crypto lmao, it's internet money, they're not real.
Are you from the US? Seems like your govt fucks you in the ass hard enough when it comes to taxes even without such insanity.

>be US citizen
>trade a cigarette for a chewing gum with my friend
>now have to give 30% of that gum to gubment

You sold at sub 12k right faggots?
How is the Trevon James TA tier work out for you?

so? I'm holding alts you nigger i don't fucking care

good metal band name