Quote from: Piesel on Today at 09:42:44 AM

Quote from: OgNasty on Today at 04:38:23 AM

Jamie Dimon saying that Bitcoin is a decentralized Ponzi scheme can’t be good for the price in the short term. Longer term I think this could be the beginnings of signs that we’ve reached bottom. Maybe not the exact bottom, but when you’re looking back on a 10 year chart it will look like the bottom where you should’ve started buying and stopped selling.

More buy order and less sell orders, stashing my Bitcoin portfolio for the long term we wish to see this bottom once again 10 years from now when the fuds get intense that is an indication that the lowest bottom has been reached. When you hear such negative comments about Bitcoin in a middle of a bear market then that shows that the anti-Bitcoin crusaders are losing the fight and their hold on the price is getting weakened.

If this is not the bottom then I do not know what could be. BTC start rallying from this level where BTC is right now. It came to its previous bull cycle ATH once again which could possibly be the ATL of this bear cycle. Though I still believe there will be some market manipulation to wipe out future positions but this is the actual accumulation zone we are in right now.