LMAO @ all the retards FOMOing in right now

Bitcoin always goes to the tip of the triangle. If you're buying in right now, you're buying the top.

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above 10k tonight
suck my dick and screen cap it

you forgot to price in the halving

we don’t use meme lines here

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imagine betting against reduced supply when usd supply is inflating

It's alway the same here

Btc 3k "it's over"
Btc 9k "to the moon 50k eoy"

ridiculous

You don't get it, do you, retard?
Sure, it might go to 10.5K, but that's where it ends.
There is only a small bit of room left for upside. The multi-year resistance is still intact.

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Limited supply doesn't matter when your coin is a centralized scam controlled by Blockstream and has no use-case. Get ready for a repeat of the 2017 crash.

You cant draw memelines at the tip of the wicks, lmao.

Lmao you are a fucking moron, dont breed

When will you bainlets realize that use case doesn't matter? Do you think the price of gold is just its instrinsic value? Lmao. Go home Craig, I'm not buying your scam coin.

BTC is pretty much a consistent pump-and-dump between $3000 and $10,000. Once it gets low enough, the Youtube moonboys, with the promise of fantastic riches, can scam just enough people in to push the price up. Then the whales, who know the whole thing is a con, offload everything they have. Rinse and repeat. I feel really sorry for the poor normies who are buying at the top right now.

>the lines are just MEMES
>YOU CANT DRAW IT THAT WAY

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>When will you bainlets realize that use case doesn't matter?
>Do you think the price of gold is just its instrinsic value?

Do you realize that your two statements just contradicted themselves? Gold is a store of value precisely because it does have intrinsic worth. It is possible for good crypto (like XMR or BCH) to have intrinsic worth, because it does certain things that gold doesn't do, but BTC does absolutely nothing. It can't be used as a medium of exchange without resorting to third-party and second-layer clunkware, and even with the LN it can only service 0.01% of the world population. It is impossible for it to reach mass adoption, and even partial adoption means losing all privacy and autonomy over your money. In other words, BTC is no better than a bank account.

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the absolute state of biz

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um excuse me faggot you need to redraw that meme line so it cuts through the wicks with respect to the close price

its not worth explaining to maxis who believe in bitcoin still

the only thing remotely special about bitcoin is the technology it introduced to the world underlying it

The normies are trickling back

In crypto, the most accurate meme lines actually go through a combination of wicks and candle bodies. Only newfags think otherwise

after 2017 BTC became a perpetual purgatory between $3k and $10k we will never ever again rise above or go below those two numbers. Screencap this forever. We have this market to the crabs and you were naive if you didn't see it 3 years ago

>In crypto, the most accurate meme lines actually go through a combination of wicks and candle bodies.
>Only newfags think otherwise
Is that why you posted a chart with the line at the top of the wick? Ok retard

I agree, there's no reason for any meaningful change between those limits

Wrong. The halving changes everything. We may never see BTC sub 9k again

For your reaccumulation zone we are currently in negative % LOL

I always laugh when people say things like "2017 was the height of crypto."
2017 was just the beginning. The next bull market will make 2017 seem like nothing.

It will dump. It always does. You can't sustain a $10,000 price-tag on speculation alone. People will see the $100 transaction-fees and 3-day waiting-times, and, just as in 2017, the price will crash through the floor. And nobody will ever listen to the moonboys again.

BTC's price is not based on speculation alone. It costs money to mine BTC, and the price reflects that.
It currently costs around $6k to mine 1 BTC. You can argue that anything over that price is speculation, but $6k is the baseline.
After the halving that number jumps to $12k. Hype might drive the price higher, or it might dip lower at times, but $12k will be the new baseline.

>He thinks he's seen the last of the vegeta memes

how do people not get this?

>BTC's price is not based on speculation alone. It costs money to mine BTC, and the price reflects that.

The fact that something requires effort to make isn't a use-case. That's the Marxist labour theory of value, that simply putting work into something gives it worth. By contrast, BCH coins both require effort to create, and have enormous intrinsic value. BTC coins have none. In fact, they have less than intrinsic value: they have a negative value, because, when you support BTC, you support an evil system whereby banks and financial institutions will track and control humanity.

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Oh now I get it, you're a BCH supporter.
I'm not a BTC maximalist by any means, so go ahead and talk shit. I'm well aware of BTC's limitations, and would love to see it dethroned.
All I'm saying is that crypto as a whole is going to have a massive bull run sooner than later.

I'm 99% in precious metals. I have a small amount of money in BCH and XMR because those are the two coins I know which provide an actual use-case, and hence have a chance of becoming the new system of money. But all crypto is a gamble, and nobody should put more than a small amount of his net worth into it.

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Honest question here - Won't BCH have the same issues that BTC has if the network becomes congested? By that I mean high fees and slow confirmation times.
I don't know all that much about BCH so please enlighten me. I thought it was literally just a fork of BTC

good thing i bought in 2014