>Bitcoin has "hallmarks" of a bubble and could be heading for "a pretty brutal reckoning"
uk.businessinsider.com
Bitcoin has "hallmarks" of a bubble and could be heading for "a pretty brutal reckoning"
Ian Adams
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Angel Butler
No one fucking cares. Been seeing MUH BUBBLE since 3000
Jordan Wood
>England
Jack Stewart
>implying it wasn't correct
>implying we're not gonna go under 3k
Jace Miller
God damn will people always fud bitcoin? What’s it going to take
Nicholas White
Being real, bitcoin stays alive because it was the first successful coin, there are many shitcoin with better features that don't spend 200kwh per transaction
Julian Carter
>Bitcoin is in a bubble
>Already retraced by some 70%
What did they mean by this?
Jack Thomas
>what if I told you BTC, despite its shit tech, is kept up by the combination of currency pairings and its long-term health holds the key to the cryptocurrency market continuing, despite all technical indicators to the contrary
Isaiah Parker
All the bubble tards were wrong. It went up a lot, went down half, now it’s normalized. Suck a dick boomers
Jose Gray
Brayden Flores
As someone from the UK, I must tell you something. Never believe a single word that Mark Carney says. Every word he speaks is a lie.
Christopher Jenkins
>that don't spend 200kwh per transaction
>he doesn't understand that it's a good thing
Joshua Martinez
lick my balls eeeeddddeeeeeeooooootttttt
Michael Thomas
Bitcoin is in a bubble. So fucking what?
Bitcoin has gone through 4-5 major bubbles, the early ones were even bigger. It doesn't change the fact that BTC will continue to grow as a phenomenon.
Luke Nelson
Absolutely untrue. BTC will NEVER drop below 10,000 ever again.
Anyone who says otherwise is a troll or a no-coiner shill.
Jackson Anderson
As long as (((experts))) claim Bitcoin is in a bubble, I will continue to buy Bitcoin. Only when Bitcoin's outlook is deemed very positive by these so called (((experts))) and you start to see Bitcoin and crypto trust funds I will sell, as that's when an actual bubble is in the making.
Carson Garcia
but can you do this?
>drops to 9.2k
Angel Myers
...
Noah Anderson
Articles like these are always a good sign that another bull run is coming up. Strap in boys.
Noah Jackson
People will always be dumb enough to short it and people will always want to sell it and buy back in at a lower price. So yes
Daniel Sanders
Or you could DYOR. You could look beyond just the spot price and see how the trade volume is completely anemic on most of the upticks.
Money is being siphoned out of the market and gullible retards are pushing the price back up in the absence of said money. At an alarming rate. Like easily a 10:1 ratio of money being removed to money being pumped back in for each dollar of value. The lack of regulation allows people to flood the order books with fake buy orders.. If you watch live you can see thousands of BTC worth of buy orders being retracted any time there's a sell run. It's literally a bubble propped up by nothing more than the imaginations of retards. The minute reddit decides to try cashing out in large numbers it's fucking gone. There is no money. It doesn't matter what the fucking price says.