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Topic: Permabull Party Thread - page 4. (Read 11420 times)

member
Activity: 152
Merit: 10
https://eloncity.io/
April 13, 2015, 06:05:47 PM
thread for permabulls gets spammed by permabears and trolltards, did not see that coming  Roll Eyes


I'm kinda surprised there aren't more. Reverse psychology, this thread was supposed to catch all the bears for posterity. Maybe it was too obvious.

So noobs can dig it out in a year or two and see that the bears were right all along? Kinda blew up in your face, eh?
hero member
Activity: 688
Merit: 500
ヽ( ㅇㅅㅇ)ノ ~!!
April 13, 2015, 05:18:14 PM
thread for permabulls gets spammed by permabears and trolltards, did not see that coming  Roll Eyes


I'm kinda surprised there aren't more. Reverse psychology, this thread was supposed to catch all the bears for posterity. Maybe it was too obvious.
legendary
Activity: 1806
Merit: 1024
April 13, 2015, 01:23:55 PM
Perhaps we could utilize this thread as counter indicator of sentiment. Once it is dead and buried, it will be time to buy and hold again.

Problem is that Bitcoin bulls are extremely "perma" and their bullishness only increases with declining prices. Actually, in a Bitcoin permabull, lower prices evoke euphoria to buy more coins even cheaper that will inevitably be worth much more in the future.

So your proposal to use this thread as a counter indicator won't work - instead you should always expect more activity here with declining prices. You can expect less activity only with increasing prices, because this scenario is boring old news for a permabull.

ya.ya.yo!
legendary
Activity: 1722
Merit: 1000
April 13, 2015, 01:20:36 PM
Let's be honest here guys.... is bitcoin really going back $1000+ again?


It's been over a year of bear market, it's hard to keep the optimism up.... but maybe that is the test

Due to the fact Bitcoin is limited in supply.. Many many people are going to lose a lot of wealth while a few gain an insane amount.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
April 13, 2015, 01:17:11 PM
Let's be honest here guys.... is bitcoin really going back $1000+ again?


It's been over a year of bear market, it's hard to keep the optimism up.... but maybe that is the test
One year of a thousand+ year lifespan for this utility/technology. The market is being pushed down because institutional investors are preparing to pounce.

4 billion is chump change to Wall Street, too easy to manipulate. Wait and buy at 200 if it dips there, is my best guess.
legendary
Activity: 1330
Merit: 1000
dafar consulting
April 13, 2015, 12:58:14 PM
Let's be honest here guys.... is bitcoin really going back $1000+ again?


It's been over a year of bear market, it's hard to keep the optimism up.... but maybe that is the test
hero member
Activity: 574
Merit: 506
April 13, 2015, 12:35:18 PM
Perhaps we could utilize this thread as counter indicator of sentiment. Once it is dead and buried, it will be time to buy and hold again.
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
April 13, 2015, 10:03:34 AM
thread for permabulls gets spammed by permabears and trolltards, did not see that coming  Roll Eyes
sr. member
Activity: 476
Merit: 250
April 13, 2015, 06:02:33 AM
If any bears would be so kind as to post here saying Bitcoin will never reach that point again, it would be highly appreciated, and make this even more entertaining. Price currently is around $250.


Price will never again go above $400. It'll be in the double or single digits by January 2016.
member
Activity: 152
Merit: 10
https://eloncity.io/
April 13, 2015, 12:22:49 AM
Permabull party is on hold until further notice

Didn't you guys get the memo? Some reputable analysts have been telling you guys for a while that the bear market is still underway. The trend is your friend. Don't fight the damn trend!!
legendary
Activity: 1442
Merit: 1186
April 12, 2015, 10:32:16 PM
Don't let the permabull party thread die already!
Permabulls are always bullish, even with low prices, hence the "perma".
Now who wants to permabull with me?

uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
April 06, 2015, 05:10:45 PM
Mass adoption is certainly not required. Bitcoin has been into 4 digits without it and can easily return there with investment demand alone.
please re-read again my post #118, just above yours.
4 digits bubble was a speculation-driven Wally bubble.
This is possible to repeat, but if there is no real adoption and the growth is again purely speculative, that would do much more harm to Bitcoin than the previous bubbles.  

Bitcoin will continue to see speculative growth in the foreseeable future.

It is not necessary for this to happen and will most definitely occur before we see any significant "real adoption" from consumer use case.
Sure, but the consequences of bursting the next speculative bubble on Bitcoin, if such a bubble happens, may be devastating for Bitcoin's future both in terms of mass perception and literally. Meaning, Bitcoin would be then seen as very high-risk speculation asset with low liquidity and only as that, with no real interest from the bigger money (now at least we have rumours about such interest from time to time in the news).
newbie
Activity: 56
Merit: 0
April 06, 2015, 02:51:00 PM
...
Limitations? Have you ever developed your own shopping cart to sell something online and sign on up with a 3rd party processor who not only takes a % of every sale but also charges you $x per month, and sign up for SSL? With bitcoin you can set up your own webstore in a few hours, no 3rd party payment processors fees, no SSL, more money for the merchant, better prices for the people. But you're not for the people, are you?

 You can set up a "web store" to take Doge just as easily.  While you're at it, don't bother with SSL or even buying a domain name.
Set it up on TOR, as a hidden service, you'll have just about as much business Cheesy

Really? You refute my point about crytocurrency convenience by suggesting I use a spinoff altcoin instead. A altcoin that was created after and only exists because of bitcoin? BTC FTW, maybe I'll flick a satoshi your way one day when your sleeping the street using a curb as a pillow.

What is it that makes you Bitcoiners so dour & angry?
Were you all this unpleasant before buying into this BTCeanie BTCabies fad investing in Bitcoin?
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
April 06, 2015, 07:01:19 AM
Mass adoption is certainly not required. Bitcoin has been into 4 digits without it and can easily return there with investment demand alone.
please re-read again my post #118, just above yours.
4 digits bubble was a speculation-driven Wally bubble.
This is possible to repeat, but if there is no real adoption and the growth is again purely speculative, that would do much more harm to Bitcoin than the previous bubbles.  

Bitcoin will continue to see speculative growth in the foreseeable future.

It is not necessary for this to happen and will most definitely occur before we see any significant "real adoption" from consumer use case.
legendary
Activity: 3710
Merit: 5286
April 06, 2015, 06:59:39 AM
Bitcoiners hodl, don't spend/use it as a currency. Except for drug dealers, those are kinda forced to.

My recent Bitcoin spending:

- monthly VPN subscription
- misc virtual servers / domain name
- ordered a neteller prepaid mastercard (and balance was available in 10 minutes, better than the bank transfer!)
- random donations, crowdfunding (find myself donating more since I don't have to give away email address or anything)
- drugs? Wink Nope, unless you count some Modafinil from an Indian pharmacy..

Don't forget $30 discount on $100+ purchase with bitcoin at Rakuten until 4/8!
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
April 06, 2015, 06:55:59 AM
Mass adoption is certainly not required. Bitcoin has been into 4 digits without it and can easily return there with investment demand alone.
please re-read again my post #118, just above yours.
4 digits bubble was a speculation-driven Wally bubble.
This is possible to repeat, but if there is no real adoption and the growth is again purely speculative, that would do much more harm to Bitcoin than the previous bubbles.  
hero member
Activity: 688
Merit: 500
ヽ( ㅇㅅㅇ)ノ ~!!
April 06, 2015, 06:35:27 AM
Bitcoiners hodl, don't spend/use it as a currency. Except for drug dealers, those are kinda forced to.

My recent Bitcoin spending:

- monthly VPN subscription
- misc virtual servers / domain name
- ordered a neteller prepaid mastercard (and balance was available in 10 minutes, better than the bank transfer!)
- random donations, crowdfunding (find myself donating more since I don't have to give away email address or anything)
- drugs? Wink Nope, unless you count some Modafinil from an Indian pharmacy..
legendary
Activity: 1176
Merit: 1000
April 05, 2015, 05:36:03 PM
The massive amount of anti-bitcoin trolls on this forum, reddit and twitter is a blatant sign to me that we are on the right path. Since we're encountering so much opposition we must be doing something right! Bitcoin will rule the internet of monies in a few years then we can all sit back and laugh at the old days doubt and speculation.
No, it only shows that the "trolls" are trying to tell new people that come to read this forum the truth, possibly avoiding them with financial ruin and a future of obsessed gambling addicts.

For the permabulls there is no hope, the "trolling" is not for them, those will just baghold for the end of eternity.

How do you know the truth?

If you mean the future then your last few predictions proved totally wrong. Will you make another call for new lows then disappear whilst the price rises 30% again?

Lawl, inca blaming others for failed calls.

At least you tried, inca.  Cheesy

IIRC you have a habit of disappearing back under your bridge during price rises, too. Smiley

1. You seem to have a very weak memory (you should practice it in some senior-memory-training)
You forgot about your last ~1504390 false calls, but you blame others for their false calls. Furthermore you forget about that the dump3er is always there. I don't care about this weeny bounces, what results in point 2:
2. You call THIS rising prices???

Feel free to dig up those innumerable calls!? Smiley
legendary
Activity: 1176
Merit: 1000
April 05, 2015, 05:23:37 PM
All the bulls that like to ridicule people for not being bullish have probably costed newbies lots of $ in the last 15 months.  I think a lot of newbie investors probably would have sold a lot earlier if it wasn't for all the bulltards in the last 15-18 months on this forum.  I wonder how many people bought at 1000+ and still hasn't sold yet.

How much did you cost people on here in 2011 by arguing bitcoin was overpriced at 2 dollars? The price subsequently rose more than 500x higher.

If there is one thing we know on this forum, it is that your pathetic attempts at manipulation (when you are short) are to be ignored entirely.
It is much more difficult to rise 500-fold from $2 than from $200. I believe I don't need to explain that, right?
 

You are right you don't need to explain that obvious and somewhat irrelevent point, no. Who exactly is saying the price is going to rise 500 fold from here? It can rise 5 times just to reach the previous ATH however.
My point is very relevant, as that is exactly where Bitcoin is atm. Bitcoin has proven to be successful experiment so far, bringing the price to three digit territory. Further growth requires substantial and really mass adoption, which we don't have at the moment (and we are quite from atm, actually). Maybe to be achieved in the future, but only under the condition of some really serious developments. Having said all that, I am not saying Bitcoin can't have another speculation bubble. Of course it can, but that would be rather the last one of that kind, after which there won't be much to fix.

Mass adoption is certainly not required. Bitcoin has been into 4 digits without it and can easily return there with investment demand alone.
legendary
Activity: 2114
Merit: 1015
April 05, 2015, 05:07:07 PM
My point is very relevant, as that is exactly where Bitcoin is atm. Bitcoin has proven to be successful experiment so far, bringing the price to three digit territory. Further growth requires substantial and really mass adoption, which we don't have at the moment (and we are quite from atm, actually). Maybe to be achieved in the future, but only under the condition of some really serious developments. Having said all that, I am not saying Bitcoin can't have another speculation bubble. Of course it can, but that would be rather the last one of that kind, after which there won't be much to fix.

Exactly! This can't go on forever because more and more people are getting the déjà vu moments and start profiting from it. I believe the greatest bubble is still yet to come.
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