Quote from: Xiroartoni on December 26, 2018, 11:22:37 PM

Quote from: KingScorpio on December 25, 2018, 11:43:20 AM

for all outsiders that enter this,

you have to understand that the current claim that bitcoin suffers from a "bear market" is absolutely wrong.

the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain.

without potential new kapital to attract they are now in a stuck situation, as they cant attract new capital anymore to push the value of their beloved "bitcoin"

this stagnation combined with the automatic liquidity loss (miner electricity and infrastructure bill) leads to a slow drain out of capital for bitcoin.

but thats not all, they also are trapped in a death spiral, as people that use bitcoin as a currency, will pay it to someone who doesnt share their "investor confidence"

through the existing deathspiral the bitcoin "earners" then sell their bitcoin in the market again which leads to a continueing collapse in value.

the whole story about "bear market" is just wishthinking or worse deliberate satisfaction, or moral stabilisation procedures to keep intact their "community".

from a socioeconomic perspective of bitcoins situation

according to logic, you are never in a bearmarket, but in reality in a support loss spiral

regards

What have I just read? Where such conclusions? I understand that there are people who manipulate the price of assets, but they are not stupid enough to drive themselves into a corner. I know a lot of people who recently bought bitcoins for the first time. This suggests that the inflow of capital is possible and it will be. The circle of people who know and buy bitcoin is still very small, but it is growing steadily.

my conclusions are good i am doing them since beginning of 2018 and they where all confirmed by reality.

its you who constantly is spreading trash that isnt going to happen like (bitcoin 1 million usd)