We aren't still on a capitulation yet, it will take months for trust to build up at this point.
It's not so much trust, but confidence. Bitcoin needs to become Ironclad. It needs to be completely secure from theft and loss. If you build it, they will come. 
Topic: Why has this capitulation been so slow? (Read 2118 times)
Partly because the China bubble didn't pop all at once. As with many actions of the government of China, pressure to stop doing something was gradually increased over time. Remember all those posts on here that "nothing was changing in China"? Well, it was. It took a while for the bubble to deflate.
Bitcoin has had two major bubbles - Silk Road drugs and China exchange controls. Both are over. The question is, what is Bitcoin worth if it's no good for getting away with illegal transactions?
Bitcoin has had two major bubbles - Silk Road drugs and China exchange controls. Both are over. The question is, what is Bitcoin worth if it's no good for getting away with illegal transactions?
On your advice I've been waiting since late 2011 for bitcoins that are worth less than nothing. How much longer do I have to wait until people pay me to take their coins
We aren't still on a capitulation yet, it will take months for trust to build up at this point.
"You can shear a sheep many times, but skin it only once."
The best quote.
.. and best for describing current situation on the market right now :]
but how long will the bear market remain.. til year's end, or even longer
That's a good guess I'd say. There are still way too many people that believe that the current price is sustainable, which means there is more than enough money left to be made for the shorters.
"You can shear a sheep many times, but skin it only once."
The best quote.
.. and best for describing current situation on the market right now :]
but how long will the bear market remain.. til year's end, or even longer
"You can shear a sheep many times, but skin it only once."
The best quote.
"You can shear a sheep many times, but skin it only once."
The slow death of btc might accelerate however past the 200$-mark
It's getting very close to $200 again. Today's low was $210. Around $215 now.
Partly because the China bubble didn't pop all at once. As with many actions of the government of China, pressure to stop doing something was gradually increased over time. Remember all those posts on here that "nothing was changing in China"? Well, it was. It took a while for the bubble to deflate.
Bitcoin has had two major bubbles - Silk Road drugs and China exchange controls. Both are over. The question is, what is Bitcoin worth if it's no good for getting away with illegal transactions?
Bitcoin has had two major bubbles - Silk Road drugs and China exchange controls. Both are over. The question is, what is Bitcoin worth if it's no good for getting away with illegal transactions?
Too many people with hopes, dreams, and lots of money invested. We'll see a lot more blood in the streets before this is over.
This never gets discussed and no reasons immediately spring to mind
Why is capitulation slow? Well, because the sellpressure from the miners isn't so rapid. The slow death of btc might accelerate however past the 200$-mark
Simply because we haven't reached capitulation yet. You are thinking of a phase we still have to reach.
Indeed. No sign of desperation yet.
just 13 months of bear market
Y really slow
Y really slow
It isnt slow, dont worry 
Simply because we haven't reached capitulation yet. You are thinking of a phase we still have to reach.
A controlled Bitcoin bubble, "capitulation" is the wrong word here. It's far from any capitulation.
Because a lot of people got the "moon" from Coinbase instead of Coinbase taking us to the moon
Because there is no demand and the price is not bound to go anywhere but slowly down?
The market is unilateral and has no spectrum right?
Troll logic.
Evidences are showing equilibrium is near to be reached.
I have the weird feeling we're gonna start creeping up, higher highs and higher lows coming. Once we cross 300 again to the upside and stay there, bears are going to get nervous.
Because there is no demand and the price is not bound to go anywhere but slowly down?
The market is unilateral and has no spectrum right?
Troll logic.
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