Quote from: QuestionAuthority on February 06, 2018, 06:49:33 AM

Quote from: freightjoe on February 06, 2018, 06:44:46 AM

Quote from: QuestionAuthority on February 06, 2018, 06:40:45 AM

Quote from: freightjoe on February 06, 2018, 06:16:51 AM

As of this morning BTC went below 6000 - that is a 70% drop from the peak at the end of 2017.

"This is normal in crypto" says many in here. Come on - get real. It is a full-on crash, and it is not over yet.

Im not sure what youre getting at? This isnt new info.

The greatest minds in finance (I mean people in the real world, not bitcoinland) have been saying for a month that bitcoin is in a huge bubble that is going to pop.

These are people with advanced degrees in economics, business administration and finance being published by ages old respected economic reporting agencies. Forbes, Bloomberg, Wired, Entrepreneur, Fortune, Inc., The Economist, Kiplinger's, Harvard Business Review have ALL published articles telling about the impending disaster thats about to happen when the bubble pops.

Everyone has been informed so no one should be surprised unless they live in a total vacuum somewhere above the fucking Arctic circle in an igloo. If the people on this forum want to ignore all of the worldwide brainpower saying the exact same thing, let them.

The religious cult - which the Bitcoin followers in here largely are - appear to still be in denial about reality though.

So what? Thats my point. If hundreds of people with doctorates in business and finance cant convince them do you think you have any chance of doing it? Let it go dude.

"Forbes, Bloomberg, Wired, Entrepreneur, Fortune, Inc., The Economist, Kiplinger's, Harvard Business Review"

That's another cult. They are just market makers, that's all. The bubble popped because they can get on the mainstream and they scared all the noobs away, that's all, there's no mystery science there. All the idiots that thought they could get rich overnight and FOMO'd into Bitcoin because they saw it on the news about how it was going high are the same idiots that panic sold because Mainstream media hired these people to say it's a bubble in order to stop the growth.

Let me remember how Mark Williams predicted Bitcoin under $10 by 2014, that's an expert PhD federal reserve bankster opinion which was wrong as fuck as we all know.

"Bubble is popping" comments started at $2k, so it finally popped at $20k, so what, it means nothing, if you say it enough times you will eventually be right, doesn't take a PhD for that, similarly, doesn't take a PhD to know we will be at all time highs again eventually, because there is 21 million coins only an there will always be a demand for a neutral, global asset, and given that altcoins are scams, Bitcoin is it.