So, honest question, what do you think will happen with bitcoin from now on? In the short term...

So, honest question, what do you think will happen with bitcoin from now on? In the short term, middle term and long term.

Will normies use this as an opportunity to jump on the bitcoin bandwagon now that the prices have lowered? Or is interest in cryptocurrency starting to die down in the mainstream (not talking about places for cryptocurrency-specific discussion, but rather the real public perception of it)?

Will it instead go even lower steadily, and then go back up as nocoiners who didn't ride the first wave start massively buying in?

Or will the weight of big buck investors cashing out in desperation drive the prices permanently down?

Nobody. Fucking. Knows. butimbullish

up

I'm friends with a lot of nocoiners on facebook who are saying its crashed and are afraid to buy. Personally I think it's gonna go down far a year, get to about $3k to $5k then go to $100k in 2 more years time. I have literally no evidence though and this is just a guess

What I think will happen: overall normie interest dies down over the next months and years, except for when a major partnership of some kind makes mainstream media, then they buy heavily into that, leading to a consolidation of normie money into high quality projects.

What will actually happen: no fucking clue

short term = sideways trading
medium term = further dipping
long term = flipped by ETH

Zoom out friend, or better yet zoom into previous corrections that were on a similar margin

>what do you think will happen with bitcoin from now on?

it will continue to downtrend until the correction is over. could you expand on whats so hard to understand about that?
don't listen to faggots like

I hope something like this happens.

t.nocoiner

>zoom out

It only makes the bubble way more evident.

>previous corrections that were on a similar margin

Are you implying that it will suddenly go to 60k?

Last year at 1000
> lol are you seriously implying bitcoin is going to 20k this year? Get real loser

>some many words
>no mention of the chad singularity

you said literally nothing

>It will go infinitely up forever and bitcoin holders will be the ruling chaste of the future driving around space lambos

Normalfags don't buy when it's red you retard. They'll start buying at $20k, if the shitcoin ever gets there, that is.

Now you're gettin it

>pump low profile internet money
>invite normies
>dump as interest peaks
there isn't any reason to keep the price going up in a parabolic fashion anymore.
((pumpers)) control the game

Buying at a low price so that you can sell high is absolutely basic market knowledge that even grandma knows. There's a reason nobody bought at 20,000, the number is ridiculous and to make x50 profit while buying at that price it would have to go all the way up to 1,000,000.

However, like you said, normies don't buy at the dip. Like in 's example, hence my question. I think the bubble has finally burst.

Also this

>nobody bought at 20,000
yeah, nobody would do that

ha ha

If you really did buy at that price, can I ask you what compelled you to do it? Did you think it would go up to a million, maybe several million in the future?

Back to 30k next month you nigger then what

just fomoed in as a novice

Well then you werent investing you were gambling. Shoulda just put money on roulette at the casino dumbass