Quote from: Kylapoiss on Today at 03:58:03 PM

Quote from: JayJuanGee on July 13, 2021, 06:18:27 PM

Quote from: Kylapoiss on July 13, 2021, 11:23:03 AM

Hello WO bros

wen moon?

Soon^tm

Ten paciencia mujer...!!!!!. Angry

always loved that way of expressing the patience idea.

But... but.. I want now?

Ok jokes aside, I'm pretty sure we'll go and test low 20k levels and wouldn't that be healthy for the whole market?

hahahaha

Lookie at uie. Using reverse psychology upon us when you asked about "wen moon" when you are really expecting (perhaps hoping) for down before up.

I don't have any problem with any possibility that down could happen before up, but it does seem a bit presumptuous to either be expecting that it is necessary to happen.

Another thing, if we have a bull market, the better presumption for any breakout would be that the break out happens in the upwards direction.. that is kind of the definition of a bull market.

I do understand that we could still be in a bull market but there is a kind of need that the BTC price corrects a bit more down before it is able to go up, which seems to be in the ballpark of what you might be considering. Part of my problem with that angle is the fact that we have already experienced a 56% price correction, which should have already sufficiently sorted out enough froth in the system, but sure, if there is more froth that needs to be purged, then of course both water and bitcoin are going to flow in the direction of least resistance.. so in that kind of scenario, there could be some kind of need for additional purgenings of the 14-year snot noses.

So maybe in the end, we are 50/50 on direction.. but I do believe that we are both in a bull market, and I might even have some issues that not ONLY are you making a pretty strong implication that $25k is NOT going to hold, but also suggesting a need to revisit lower $20ks which may be just another way of saying that the break down of $25k support is not likely to be a mere wick... so there are almost two levels to the degree of correction that you expect and are even going to so far as to say is needed... in your up before down vision of this here current BTC price dynamics.

Quote from: Kylapoiss on Today at 03:58:03 PM

Leaving BTC aside, the whole shitcoin shit is gone WAY over the edge, we need a large breather to get that shit sorted out.

Seems to me that you did not word that sentence properly, because we (perhaps royal we?) do not "leave aside" king daddy in this thread.. because the this thread is about bitcoin.. so fuck shitcoins. On the other hand, I do agree that shitcoin froth is related to bitcoin, so I am not going to battle with you on that point, so likely our only area of contention in this particular sentence pertains to your word choice in leaving aside our savior and the only thing that really matters.. there would be no crypto currencies or shitcoins without such essential element, aka bitcoin. Cheesy

Quote from: Kylapoiss on Today at 03:58:03 PM

Nevertheless, BTC is as strong as ever and the race to 1mil continues steadily. We'll be there soon enough!

Can't really argue with you about this, whether we consider "soon enough" as this cycle, the next cycle or the one after that. Seems most likely to be coming in the next cycle, but I would not want to presume too much in terms of either this cycle or the following cycle as being reasonable candidates - even though the amount of overshoot to be getting $1 million on this cycle would quite likely cause a quite considerable correction, at least from my current view (speculation of course) of how such an overshoot would end up playing out.