Today something dawned on me:
We can actually start seeing signs of "sellers' exhaustion" in volume and price action, but what is fascinating is that, different from the previous cycle, there is no sign yet of "buyers' appetite" re-appearing correspondingly.
Despair
Don't think so. "Apathy" is more like it, imo.
I think a lot of people are getting tired of the bullshit... and probably thinking that BTC prices should be more in line with the fundamentals.. in the $750-$850 arena.
$750 valuation based on what?
Ya based on what?
For me everything seems to be pointed toward $9.99
Based on the fact he's a permanent uber-bull troll!
Yeah.. get your unsubstantiated digs in - and certainly, you are out of context, here, which seems to be your M.O. to
spout out a bunch of shit, out of context.
Don't care to carry on a conversation with a delusional extremist. I can't think of an opposing bear that would balance your strange and frankly outlandish claims. The nearest reverse mirror image might be Igorr. But igorr backs his claims up with some TA that does justify his point of view. You just talk rubbish, over, and over again, a constant stream of verbal diarrhea. The reason? I can only hazard a guess.
So maybe you will put me on ignore, then?
You seem to be resorting to name calling, again, without any real basis. I sense that it is much easier for you to stick with easy terms and conclusions rather than responding to logic or reason or good faith attempts at communicating substance.
I cannot summarize what i do in this thread as succinctly as your conclusory assertions, but sometimes I am responding to other posts, such as yours, sometimes I am talking about my own personal decision-making process when trying to decide whether to buy or sell BTC and sometimes I am trying to predict the direction of BTC prices.
Generally, I am NOT trying to persuade others whether they should buy or sell or hodl, even though sometimes those words are in my vocabulary and i do use them from time to time to asssert a sort of prediction of the best strategy at the moment.
I have no problem with bearish predictions, except to the extent that there may be some disinformation contained within some of the bearish posts (sometimes the disinformation seems purposeful and other times such disinformation may NOT have been purposefully propagated), especially in these last several months the bearish predictions seem to have been correct b/c there has been a downward price trend, as we all know.
Really few of us can really predict the direction of BTC prices, yet some of us just do our best to attempt to decide what to do personally to account for the risk within our own investment priorities. This thread can be helpful to get current and historical information - if one can get passed some of the FUD information - which generally seems a lot more prevalent on the long-term bear-side of the camp. Short-term bear may be a different story about making a prediction that may be based on actual facts to the best that they can be known.
Regarding perma-bull name. I am generally bullish in the long term, but NOT perma-anything. If there are facts that get me to change my perspectives about bitcoin, then I will reconsider my investment and my investment strategies.
I really don't know what to say to you. Really you need to re-read all your posts.
You miss quote people, you only read what you want to read, you troll the same stuff over and over, you make false accusations. You say things like "
You seem to be resorting to name calling, again," after i responded to your
"spout out a bunch of shit".
I tried to offer the olive branch the other day. But I decided today there is no point with people like you. You have your mind set and don't care what others think.
You are really are either a troll or worse yet you believe the drivel that comes out of your cake hole, end of story.