Topic: Bulls are Retarded (Read 1372 times)
I do not think that bulls are retarded, neither bears. I think that, if you are bull, you could make money even in bear market, but you need really good strategy and good risk management to do so. Also, I think that it is not good to be perma bull nor perma bear, because they will be wrong at one point for sure.
Bull runs is sure to commence, thou there are speculations that are unrealistic, but base on past market trend of BTC you can be sure the bull run of BTC is ascertain, the bull runs rate cannot be calculated, the long bear market trend is discouraging but we must keep Holding with high expectation.
The rising price trend has become increasingly apparent because the price has gone down for too long. The market is always waiting for price changes as desired by the crypto owner, and that happens because of many transactions.Characteristics of the price move up is the crowded crypto sale and purchase transactions, which is dominated by traders who throw coins that they have so that there is supply and demand.
Nah. At best i think we'll just continue with the slow movement up. No rapid bull runs to satisfy the majority of crypto enthusiasts. The bulls and whales are playing with us little guys.
That's what the investors want, nobody wants an asset to stay static, developers are working hard to create values for crypto currency and yes the prices are brought out high by hype and speculators, but unrealistic or manipulated market movements are too likely when there's money involved, that's not changing when traders could be done collectively over the world
We cannot stop manipulation for now, those who have power will abuse the market, and hence it results to a more volatile price.
However, since this market is still at its early stage, there's still more chance that it will stabilize in the future and to avoid risk of losing money, we should not go against the market, we should play it safer using a HODL strategy as this works consistently especially when holding popular coins.
That's what the investors want, nobody wants an asset to stay static, developers are working hard to create values for crypto currency and yes the prices are brought out high by hype and speculators, but unrealistic or manipulated market movements are too likely when there's money involved, that's not changing when traders could be done collectively over the world
Bull runs is sure to commence, thou there are speculations that are unrealistic, but base on past market trend of BTC you can be sure the bull run of BTC is ascertain, the bull runs rate cannot be calculated, the long bear market trend is discouraging but we must keep Holding with high expectation.
The rising price trend has become increasingly apparent because the price has gone down for too long. The market is always waiting for price changes as desired by the crypto owner, and that happens because of many transactions.Characteristics of the price move up is the crowded crypto sale and purchase transactions, which is dominated by traders who throw coins that they have so that there is supply and demand.
Bull runs is sure to commence, thou there are speculations that are unrealistic, but base on past market trend of BTC you can be sure the bull run of BTC is ascertain, the bull runs rate cannot be calculated, the long bear market trend is discouraging but we must keep Holding with high expectation.
The rising price trend has become increasingly apparent because the price has gone down for too long. The market is always waiting for price changes as desired by the crypto owner, and that happens because of many transactions.Characteristics of the price move up is the crowded crypto sale and purchase transactions, which is dominated by traders who throw coins that they have so that there is supply and demand.
It is not wise to expect unrealistic bull runs from BTC, This only takes place in the gambling and casino industry, BTC price is base on the law of demand and supply and also it use as a currency, expecting it to pump to $100,000 is an unrealistic speculation, without a basis to back it up.
What would you call a bull run from below thousand dollars to twenty thousand dollars in a span of few months, it is an unrealistic bull run that we have not seen in any other financial platform, with the limited number of coins in existence it is not an unrealistic speculation to have a price valuation of $100000 in the future.Trillions of dollars is very realistic if you can get billions people on Bitcoin.
You really do not need a billion people to invest to get a trillion dollar valuation in bitcoin, once we see financial institutions pumping in money in this platform we will see those valuations and with regulations in the sector coming up i am certain that we will see them investing in it in the future. 
Speculations are only a guide, if you believe on it and it happens they you are lucky. As for me i dont really just believe i only believe if there is a proof and if the person who are spreading it are trustworthy. Better to believe someone who already have an experience than doing it on your own. However, sometimes you just need to ride the train specially in alt coins.
And there would always be speculations in the crypto world, like u have mentioned this only acts as a guide.But, these speculations have helped a lot especially in making decisions as per when to buy or sell sometimes. But, this is not to say that all speculations are always right.
I also I do not support the idea of when its coming from someone experienced because cryptocurrency does not work with experience and we have seen instances where speculations made by so called experts have derailed.
You are right but there is always nothing wrong with that thinking. For me it is even good to boost the usage of bitcoin to go up. It is for certain that people are not that morons as you claimed, they are humans who could think well enough to see that these things may not happen today or the next years but just a possibility though quite vague. If we do not have such thinking then expect that you will never see hope because you might be thinking too negative about things. "It was never wrong to dream for as long as you would be awake to see the truth". It is fun isn't it?
Well the deflation will eventually slow down in the future but I doubt Bitcoin will ever stop deflating if allowed to deflate naturally.
It should slow down once most people on earth begin to use Bitcoin but volatility and deflation aren't going to stop. This is common sense
Trillions of dollars is very realistic if you can get billions people on Bitcoin.
It should slow down once most people on earth begin to use Bitcoin but volatility and deflation aren't going to stop. This is common sense
Trillions of dollars is very realistic if you can get billions people on Bitcoin.
We all understand why bitcoin is falling. Because there is no rush of fresh blood due to speculation. An ordinary person will not buy Bitcoin when he is not sure about a stable price.
This is just temporary situation so I don’t think it is that noticeable, if price is down we should use our skills and obtain good profit even at this low price, I know in market fresher are not as much we really want them to be but I am sure very soon it will be adopted at high scale and then there will be low availability but higher demand.
Not exactly infinity but it seems most people do expect it to rise up to the 100k level, albeit in a more gradual ascent. Even at that price it's still divisible enough.
Depends on the type of person. The speculation is what attracted many people.
We all understand why bitcoin is falling. Because there is no rush of fresh blood due to speculation. An ordinary person will not buy Bitcoin when he is not sure about a stable price.
Depends on the type of person. The speculation is what attracted many people.
I will not deny your statement because everything you disclose above is truly real and is a statement in accordance with the data and analysis. For people who have long been in the world of investment or trading market capitalization is the main thing that must be considered because market capitalization has a large influence on the price movement of an asset in the market.
I'm sure it's just that it's not bull time yet. Although bitcoin correction and continues for more than 400 days and is the longest of all that we have seen I am sure that at the end of 2019 we will gradually see the growth of bitcoin to new heights.
And the reason for this is one of the most important is the Halving in 2020 and the increase in the complexity of production. In this regard, miners will spend even more on mining and will not sell at a loss.
And the reason for this is one of the most important is the Halving in 2020 and the increase in the complexity of production. In this regard, miners will spend even more on mining and will not sell at a loss.
We all understand why bitcoin is falling. Because there is no rush of fresh blood due to speculation. An ordinary person will not buy Bitcoin when he is not sure about a stable price.
This is just temporary situation so I don’t think it is that noticeable, if price is down we should use our skills and obtain good profit even at this low price, I know in market fresher are not as much we really want them to be but I am sure very soon it will be adopted at high scale and then there will be low availability but higher demand.
We all understand why bitcoin is falling. Because there is no rush of fresh blood due to speculation. An ordinary person will not buy Bitcoin when he is not sure about a stable price.
It is not wise to expect unrealistic bull runs from BTC, This only takes place in the gambling and casino industry,
why not ? the expectation of a bull run can actually boost our confident to invest and hodl more because in our minds we think that we can earn huge income if the bull run finally occurs . also , there is no bulls on gambling and casino industry , bulls are only present in the crypto market .
expecting it to pump to $100,000 is an unrealistic speculation, without a basis to back it up.
they have a basis to back that statement , you know it and i know it but 100k usd is too exagerated though its possible to occur in the future .
As the title says, I firmly believe that Bitcoin bulls have something wrong with them. Now, I don't actually mean the insult. What I mean is that people who are hoping the price shoots up to $100,000 are morons.
They have no regard for the market cap
People who say that it'll shoot up to $100,000 have no concept of market caps and size. They seem to think that since a bubble happened two times, it will happen again.
You should be able to differentiate between a $1,000,000 marketcap and $1 trillion market cap. Most Bitcoiners are unable to do so. They believe in it rising to infinity and beyond because of previous movements.
That's not how the market works, dummies!
They're not concerned about actual usability
The last time Bitcoin shot up in price, any transaction cost $50 to do. A big speaking point for Bitcoin used to be that you could do small transactions for virtually no cost. This all changed once it shot up.
The ethos suddenly changed to being that Bitcoin should only be for large payments only. $1-2 payments shouldn't have any consideration.
When there are $50 fees, there will be less incentive to move money around, slowing down the Bitcoin economy. If there's no circulation and flow, how can Bitcoin be considered a currency? That leads me onto my next point...
Bitcoin is something speculators use to bet against other speculators
A high price is attractive for those in the game only. It doesn't help expand worldwide coverage. It's a turnoff, actually.
Who are the ones profiting from Bitcoin? It's the speculators.
When I look at Bitcoin from a practical point of view, I don't see $1 trillion worth of goods and services being passed through it. Russia and Australia have an economy of $1 trillion. Their total population can collectively only produce $1 trillion in value. What can Bitcoin do? Not even 1/50th of that.
If you have any "rebuttals", fire away.
the some points of you are always been considered by me because the worth and the development of the economy was reduced so it can be leads to a huge drop but the half mind will say it may be possible to have the chance again that's why I am holding now. They have no regard for the market cap
People who say that it'll shoot up to $100,000 have no concept of market caps and size. They seem to think that since a bubble happened two times, it will happen again.
You should be able to differentiate between a $1,000,000 marketcap and $1 trillion market cap. Most Bitcoiners are unable to do so. They believe in it rising to infinity and beyond because of previous movements.
That's not how the market works, dummies!
They're not concerned about actual usability
The last time Bitcoin shot up in price, any transaction cost $50 to do. A big speaking point for Bitcoin used to be that you could do small transactions for virtually no cost. This all changed once it shot up.
The ethos suddenly changed to being that Bitcoin should only be for large payments only. $1-2 payments shouldn't have any consideration.
When there are $50 fees, there will be less incentive to move money around, slowing down the Bitcoin economy. If there's no circulation and flow, how can Bitcoin be considered a currency? That leads me onto my next point...
Bitcoin is something speculators use to bet against other speculators
A high price is attractive for those in the game only. It doesn't help expand worldwide coverage. It's a turnoff, actually.
Who are the ones profiting from Bitcoin? It's the speculators.
When I look at Bitcoin from a practical point of view, I don't see $1 trillion worth of goods and services being passed through it. Russia and Australia have an economy of $1 trillion. Their total population can collectively only produce $1 trillion in value. What can Bitcoin do? Not even 1/50th of that.
If you have any "rebuttals", fire away.
It is not wise to expect unrealistic bull runs from BTC, This only takes place in the gambling and casino industry, BTC price is base on the law of demand and supply and also it use as a currency, expecting it to pump to $100,000 is an unrealistic speculation, without a basis to back it up.
Speculations are only a guide, if you believe on it and it happens they you are lucky. As for me i dont really just believe i only believe if there is a proof and if the person who are spreading it are trustworthy. Better to believe someone who already have an experience than doing it on your own. However, sometimes you just need to ride the train specially in alt coins.
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