Quote from: drays on February 05, 2018, 12:41:51 PM

Looks convincing, indeed

in fact Bitcoin needs a good correction, for all the greedy pseudo-investors to shake out, so BTC could fly to the sky. This correction is partly natural, partly induced by all the bankster/gov haters doing coordinated attack. Due to the latter, the correction could be deeper than it should have been. Well, let it be deep - the higher it will fly afterwards

As to when it will fly back...? It seems to me, not sooner than waters are calmed down, when the recently joined greedy sheep panic dumps and returns to their everyday job. I know a lot of people here who didn't spend even 10 minutes to read and understand the technology and the nature of the Bitcoin, but bought it near the top intending to just sell it back up in few weeks and get their fast'n'easy profit. Those short term buyers are exactly the ballast which is going to be shaken out. It could indeed reach 2k, giving a good chance to accumulate for the ones who are long term. Watch the Lightning

I'm a greedy pseudo-investor. I believe that right now we are just a bump in the early-adoption part of the graph, since crypto is still very small.

I'm worried, but am I going to sell or get "shaken out"? No. Better to work on other things while this bear market plays out. 2 years later, and maybe I'll open my wallet and find that Bitcoin is 100k.