Hey, how's it going boys.
Chopstick here.
So I find it interesting how a day or so after going on an anti-Core rant, my account is mysteriously "hacked", PW changed, my account is inaccessible , can't restore it, change password doesn't work, secret passphrase doesn't work, etc etc.
In any event, Bitcoin is still doing what it's always done...
Pumpin' and dumpin'
The only difference now is that wall street is trading our futures. Wheeee.
I'm not sure why people got excited about that.
The first thing they did was short it.
There's a difference between Being a FUDster and recognizing a downtrend. This year's gonna be bearish or flat. I doubt we'll see prices over $18K this year. I doubt we see prices below $5k this year, or ever again to be honest.
I am not sure if you are NOT a FUDster merely because you attempt to explain your conclusion a bit more that the averabe FUDster.
You have determined that we are in a "downtrend" and you have made a pretty strong statement to cover all of 2018, which seems a bit FUDdish because you are implying to have some kind of decent knowledge or expertise without knowing and predicting a negative outcome without really backing up your claim with any kind of substantial or material evidence - besides your mere statement.
We are in a downtrend.
-60% from ATH
What's to argue here again?
So far we are getting numerous deadcat bounces and no convincing rally re-establishing strength to the 12-15k level.
300 million tether printed, which could or could not pump the price and which may or may not be fraudulent (who knows)?
Meanwhile, Bitcoin's transaction volume dropped dramatically after hitting the ceiling. Thousands of people who were trying to use bitcoin for the first time had an absolutely deplorable first use experience, and might not ever try again. Tx volume is continuing to go down. This is certainly not good if you want another huge rally again soon.
Bitcoin needs to be used as actual currency with increasing levels of tx volume in order to maintain it's value. "Store of value" only was always a laughable joke from the beginning.
You are a useful tool for the bankster corporate shills; hopefully they are paying you in bitcoin, even if that remains ironic for you to be receiving and perhaps HODLing the thing that you are FUDding.
Haven't you argued vehemently against increasing Bitcoin's native blocksize limit?
Have you then not served the interests of the fat bankster pigs as well?
We are repeating the same patterns from 2013/2014/2015.
Bitcoin will drop back down to 2-3k and consolidate there for a while before resuming the next major bull run, probably fluctuating between 3 and 5 grand for a while.
Eth will return to $200ish, Bitcoin Cash will drop to 300-400
This is my prediction and I don't give a damn if you think I'm a nutcase.
I can only go off what I see happening now and so far the pattern is almost the same.
We're going back to 3k for the next accumulation phase before the next major bull run in 2019/2020.