realr0ach
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June 13, 2018, 05:39:57 AM

When your 100,000 dollars went down to 10,000 dollars it's just meh. When your 10 million goes down to 1 million, that's... harder.

I'd say it would probably be a lot worse going from $100k to $10k.  Also, a lot of people on this forum don't seem to understand bitcoin might still be in the $200-$1000 range without the enormous amount of Bitfinex and Chinese exchange fraud.  I mean, it's 100% fact that the entire market has been controlled by a single entity operating on Bitfinex since the price was $200.  This entity is either the exchange owners themselves or the Chinese mining cartel who operates in league with the exchange owners while getting kickbacks, or some giant whale like the ESF/Goldman Sachs rigging the market while issuing gag orders.

If this manipulation is removed or implodes, people calling for $3k bottom might be high balling it by a lot and the thing could crater down into the hundreds of dollars again.  It feels like to me though that the shitcoin market is being artificially propped up to try and distract people from gold and silver on purpose.  The next bull run on metals will probably break the bank so to speak from failure to deliver in LBMA/Comex/etc.