HOW THE BULLS THINK

You will fall for it agian.

> "buh the SEC"
Watch the hearing. It has more FUD than anything. Don't fall for reddit circlejerking threads.

> "buh it's decentralized! much better than the bankers and the central government"

A few people own 30% of the BTC supply, and a few people own most of the supply of any other crypto like ETH. This is even more centralized than the current system, except since the supply is fixed, they get to basically keep it forever.

> "buh you can use this for payments digitally"

no dumb fuck would pay for services using crypto if they expect the price to go up or down. Hence why you guys are here to make money off it, not to use it.

> "buh eventually it'll become less volatile, so that doesn't matter!"

name me one free, unregulated market where an asset ever becomes non volatile: Hint: there is none.

> "buh it'll become regulated then it's all good!"

then it becomes just like any other asset, and has no fundamental use case any more.

> "buh they can be used as securities for companies in the future! what about that huh??"

we already have securities that are attached to company values. This doesn't improve that.

TL;DR: Just because some tech is new, it doesn't mean it will catch on. It has to improve the world. This is completely speculative and useless and was designed to run as a ponzi scheme for early holders by marketing words like 'decentralized' despite it being centralized. If you were an early holder and cashed out, good job, that's exactly how a ponzi is played. If you were an early holder and didn't cash out, you are an absolute brainlet. If you were a recent holder who bought during the november-december craze, thank you for bumping the price up even more so that I could cash out, because you are a whole new level of retarded.

Inb4 "no coiner (bought it and cashed in on this ponzi since 2015 and now shorting) , haha fag, you sold at the bottom (18.6k, fixed that for you)"

Thanks. Just bought 100k.

>It has to improve the world.
Its trustless, next

some one sold at bottom, desperately try to buy back lower.. but no way. OP u missed train. fomo now or miss forever below 10k

Apparently you complete retards missed the fact we had the BIGGEST daily volume in TWO YEARS on the rebound.

We will steadily get back to 15k and you will still be like "g..guys, sell.. please! it will crash back to 4k, I swear!! so p..please!

Fucking idiots. Just kys pajeet.

Smart contracts have the potential to displace the entire Corporate structure as determined by IPOs and traditional stocks. I mean we’ve already seen this with the huge spurt of ICOs but imagine if DAOs really take off you could take shareholder vote and process intra-corporation arbitration digitally automatically. And if it represents a more efficient path for an organization than traditional IPO, they’ll do it. (What’s harder, getting listed on the NYSE or starting your own cryptokitties huh?)

What’s wrong OP, tethered up at $6000?

>and... it keeps going up.

Greedy bears are as bad as greedy bulls, except more douche

...

>digitally automatically
Carloooos Matooos
independentally
financially
independent

> "buh it'll become regulated then it's all good!"
>then it becomes just like any other asset, and has no fundamental use case any more.

block chain can be good even with regulation
maybe even profitable for speculators

we broke the weekly trend for the first time, dummy. If we close, we are no longer in bear territory. How do you not get this?

biggest volume also meant a lot of sellers thought bitcoin is not worth 6k
thats why you all so afraid of double bottom, because deep down you know it woudn't hold again

ask yourself:
how is it that alltogether crypto FUD threads always seem to get posted 3 at a time... just sort the catalog by creation date and watch the shitshow...

if this isn't an organized/paid effort, i'm a nigger.

>for the first time
are you blind from all that gay porn you watch? i mean first green candle is right there on your picture
also weekly macd is still bearish (first time since 2016)
and we are still under daily cloud (first time since 2015)
we are still deep in bear territory

> It went down so it will go down

Hey OP, Goldman and Sachs are on the phone they're offering you a position as a senior analyst.

Actually I agree with this. Biz should admit we are in this to make money and dump it on bigger fool.

>Muh decentralization

Kek gtfo

I guess I should not be surprised you do not know how to interpret the chart. Keep on keepin' on, buckaroo

>implying a give a fuck if it goes up or down anyhow
>having any cognitive bias in this sense

>It went up so it will keep going up
was pretty much whole bull justification on why we should see new ath soon

Fuck off shorter u are cancer

In BTC not in dollars. Its also most likely that same people who had quite a few and dumped it at 17k, bought back at 6k. Bought from panic sellers and virgin boys. It will now be even easier to manipulate market.

Basically no-one here except one guy actually responded to my arguments. They keep rambling on and on and fail to address them. That is literally the only I sign I needed.

Same thing happened early last year. Literally noone addressed the arguments against the bulls when they were talking about why this ponzi would increase. The opposite is happening this year.

This. Veeky Forumstards must hate money

Because they are brainlets. I unironically want to sell all my shit now (heavy profit btw) just so I can laugh at fucking Andreas and other shills with their

>BTC is millenial internet
>BTC is biggest thing since agriculture
>Muh decentralization
>Muh 21m tokens of which 60% are held by 0.01%

>>Muh 21m tokens of which 60% are held by 0.01%

Exactly.

Yeah and the faggots that said 'it went up so it will keep going up' got JUST'd.

As will the down-syndrome bottom boys desperate for another chance at $6k.

Bears are generally smarter then retarded bulls. You wont find many "bears" who sold at 6k, but you will find plenty of moon boys who bought at 20k

> It has to improve the world.

autonomous, turing complete code running on a world wide distributed, immutally, fail safe virtual machine paying for its own processing power while leaving a public audit trail. Which can at the same time be an app, a contract, a currency, an asset, a utility etc etc. Oh how would that improve say cloud computing? You have no Idea, right?Now enter AI...

If you don't get what that means, even if the price of every single fucking coin or token of that stepping stone generation of crypto that ever existed goes to zero ... I mean do you even code?

>What is fiat?

wut nigger

>
>Bears are generally smarter then retarded bulls. You wont find many "bears" who sold at 6k, but you will find plenty of moon boys who bought at 20k
>>>
> Anonymous (ID: QPkSMLn4) 02/14/18(Wed)19:22:23 No.7659627▶
> (OP)
>> It has to improve the world.
>autonomous, turing complete code running on a world wide distributed, immutally, fail safe virtual machine paying for its own processing power while leaving a public audit trail. Which can at the same time be an app, a contract, a currency, an asset, a utility etc etc. Oh how would that improve say cloud computing? You have no Idea, right?Now enter AI...
>If you don't get what that means, even if the price of every single fucking coin or token of that stepping stone generation of crypto that ever existed goes to zero ... I mean do you even code?

I know what that means you fucking idiot. You described the kinds of different things it can act as, but now how it improves any of those things. Nice try though.

The fact that you think that could somehow improve cloud computing or worse, AI, literally makes me cringe.