Post
Topic
Board Speculation
Re: Bears Last Push?
by
Bitcopia
on 31/07/2014, 04:25:04 UTC
sell as fast as you still have a chance!

Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?

Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.

There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get in.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.

The price won't bounce back. Feel free to give me one valid reason why it should. You can't.

Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.

Doh! I was hoping for integrity's sake that this was a joke, but unfortunately, it appears quite serious!

So with 2014 being by an order of magnitude the best year of media coverage, large merchant adoption, venture capital investment, fund creation, and bitcoin innovation, you mean to tell me that bitcoin is failing? I mean, yeah, some people said July would be the start of the next bubble. It wasn't. But I hardly think a short term deviation from the short term bull trend from the medium term down trend from the long term up trend is reason to get out. Step back. Take a moment. Think.