Quote from: Rampion on July 04, 2013, 08:53:00 AM

Quote from: zby on July 04, 2013, 08:11:43 AM

Quote from: Jozzaboy on July 04, 2013, 04:41:19 AM

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Oh I am just watching history. You make it seem like Bitcoin has never had a bubble before. This will capitulate somewhere and it will rise again. Time just moves ever so quickly with Bitcoin...

My theory is that now it can take longer than in 2011 - there is more money in the market and more BTC, the mass will move slower.

Yeah, it looks like that. Now everybody is aware that BTC already survived a massive bubble deflation, so there are not so many "Bitcoin is a scam" believers. That and the bigger USD volume thrown at BTC during this bubble will make perma-bulls to live in a longer denial, thus lengthening their own suffering.

Still a couple of epic traps to go before despair and capitulation. I still don't think that the bear will last for multiple years as Birght Anarchist says, for sure many months to come, but 2/3 years seems a bit too much for BTC standards. Anyhow, BrightAnarchist got it right so far, let's grab some popcorn and see how this plays out.

The more traps the better. I can multiply my holdings. This is an excellent example right..... now.