Topic: BOTTOM? list? the real bottomcaller - page 7. (Read 5231 times)

Your post sparks a point of curiosity for me towards OP (Micpeep).

What triggers payment (to really confirm that the bottom is in) ?

Must the price go past previous ATH or is there a certain point, such as staying above $10k for 30 days in which you would make payment with the implication that the "bottom" has sufficiently been called.  Sorry if this question has been asked before, but after a quick perusal, I did not see the threshold point in which this particular "bottom" prediction is won.

I think what you say is true that we have gone through those times, where the value is getting lower at that time. And $ 4.000 is "VERY" impossible. Maybe next month we will see it rise towards $ 7.000. Hopefully, he can move away from "BOTTOM" quickly.

What does the winner get? put me down for $850 next year.

In my opinion, we have already reached the bottom when bitcoin hits the 5,000$ mark several times this year. With that, i think bitcoin will not go lower than that anymore because until now, it's already proven that we haven't see 4,000$ this year.

yeah the bottom is already in. thats not gonna change.

I really do hope Jimbo wins this (yes I don’t want to win myself) be ause it will mean that we’ve already seen the bottom & it’s not going to go down that low again.

So yeah, Go On Jimbo !!!!!

Congratulations in advance, Jimbo!

You seems to need to read ti again. Question exactly was this:

I see that there are many negative statements at the beginning of this thread. It's an irrational that we have negative thinking among the Bitcoin society. I do not understand why this is happening ?! Don't you see how much has changed over the last few years? There are no limits on the Bitcoin way - some regulation is enough and we are moving forward!

The price by the end of the year will be $8,000 !!!

Thank you!

and THE BOTTOM of jimbo again secured for a while 

2120 ? still believe ?

ATH i still believe .....

BUT

TRY HARDER!!!11!
Throw a pinch of "no intrinsic value" in the mix or something... You can do better than that.


I still believe

It's only after a currency becomes prevalent that merchants are pushed into accepting it (by consumers). Consumer spending isn't a very interesting use case anyway.

It's also not 2017 anymore......fees are quite cheap right now. Segwit adoption just hit 50% of transactions. I'm transacting with 1 sat/byte for the most part, no more than a couple pennies each.


There were ~235K confirmed transactions in the last 24 hours. You tell me what that's worth, and why market cap is relevant.

$1000 would not be the end of bitcoin.

You have to look at both the rise up and the fall, and put the whole price movement in context.

Manipulators are going to manipulate as much as they can, and the higher the market cap and the more liquidation avenues, the more difficult it is to fiscally manipulate bitcoin so they definitely rely upon FUD spreading and various other means to both create negativism and also to attempt to push more and more low, if they can, in order to take advantage of momentum.

Don't get me wrong, from here it seems very difficult to get down to $1k, but it is not impossible or even the death of bitcoin, but surely that would be an extreme shaking out that just does not seem to be in the cards at this time... and even getting below mid-$5ks is proving to be quite a bit of a struggle, which lends some uncertainties about whether bears have enough ammunition or ability to erode buy support in the $6k arena and to shake confidence to get some folks to sell some of their bitcoins.... at a certain point, they just have to give up attempting to shake the tree, but surely when prices are within 10% striking distance they are not going to easily give up in their ongoing shaking attempts.

Yeah, you are so much smarter than bitcoiners, right?, and innovative with your "new" arguments, and your anticipation that BTC is not bouncing back this time.



Probably it would behoove you to attempt to go learn something about bitcoin.

Hopefully, for your own good, you are not a no coiner, and merely a paid shill that is smart enough to have a bit of bitcoin hedged against your nonsense proclamations.  Surely, it would be a good thing to buy some BTC in these times in order that you are not chasing after the train with your seeming nonsense misinformation about bitcoin (assuming that you really believe the crap that you are spouting out).

People who are calling for $2000 bottom are crazy and those with $1000 predictions are nothing but trolls.
If you are really comparing bear markets a drop of over 80% from ATH is very rare. You almost never see it in healthy stocks only in those that are fundamentally flawed and on their way to ruin. $1000 would be a 95% loss. If we ever witness that it will literally be the end of it and a total exodus to another asset.

Talking about bottom price, i think bitcoin can reach up to 7482 at the end of this month or midway through November. But no matter what the price bitcoin will have before this year ends, i am much open for possibilities of holding still my crypto assets (if it is low).

Ok, so no businesses accept it and why would they since the tx fees are too high. The only peer to peer anonymous tx is with cash, bitcoin leaves a trail with every single thing you do with it. How many txs peer to peer globally take place? probably not enough to justify a 10th of the current mkt cap. The best use case was trading but that's becoming more and more difficult because exchanges are banning people and requiring tons of hoops to jump through to prove your identity. Using it to buy alts was a big one too that is becoming less and less of a use case since the altcoin market has no volatility anymore. I disagree my arguments are old, these are recent problems. Not sure this is going to bounce back this time, gotta be honest.

The best use case is peer to peer globally and no I cannot as easily do this with any other system.   Fees could always be lower, I agree with efficiency being a driving force in many markets but its not especially a reason for being bearish right now.    Storing under a mattress will get your money eaten by mice, thats just an example of failure in FIAT that theres nowhere safer or better use to hold it.

KYC and exchanges are centralised websites and not directly relevant to the protocol which exists regardless of secondary uses like this.    If BTC leveraged up from those effects and they are reduced then I agree it will unwind to that extent but to presume all use of BTC is via one type of use would be simply incorrect.
The main case for BTC I think will always be by individuals and that is where the base use must be justified so that the rest of the economy and speculation that built upon that base case can then go forward and be successful or not.   I'm only going to be bullish on BTC so long as it serves the people, poor or rich in transferring and confirming value globally and easily.   Last I checked thats still a positive ongoing market for BTC.

Your argument is old really, we've heard these negatives  years ago even.    Its not that you are all wrong in naming negatives but its incorrect to assume this is an entire story for Bitcoin or even a deciding factor.    If nothing else then for every system of exchange, there is a set of positives and negatives that has to be weighed up vs the alternatives

I see that there are many negative statements at the beginning of this thread. It's an irrational that we have negative thinking among the Bitcoin society. I do not understand why this is happening ?! Don't you see how much has changed over the last few years? There are no limits on the Bitcoin way - some regulation is enough and we are moving forward! The price by the end of the year will be $8,000 !!! Thank you!