The cycle:
1. Bitcoin drops 50%
2. alts drop 80%
3. Bitcoin recovers
4. alts stay low
5. Bitcoin crabs for weeks
6. Alts moon
7. Link moons the most
8. Bitcoin drops 50%
Repeat
We will have the next crash in one to two weeks
The cycle:
Isaiah Thomas
Brody Mitchell
Totally agree, user. Fake and gay rally.
William Ortiz
Nobody cares anymore. Each cycle sucks in fewer and fewer new suckers. We’re in the slow bleed out to zero
Austin Cooper
when will this pattern end?
James Carter
when people finally forget about alts
Blake Lee
But unlike the S&P500, bitcoin will never break new record highs. Each pump will be lower than the last.
2017 was the beginning of the end for crypto.
Good riddance.
Colton Thomas
>But unlike the S&P500, bitcoin will never break new record highs
nah...it's tied to it... as soon as sp breacks new highs there will be optimismous flowing into crypto
It's clear now that recessions are a meme and bears are deluded... there is no market going to crash because it's inflated... inflation drives stocks upper and upper and everyone is happy
the only things that crash the market nowdays are events like corona virus
Xavier Miller
Doubt it.
Everyone saw the 2017 shitshow, it was all over the news.
It has also become apparent (if it wasn't already) that poorly scalable databases don't have real world applications besides buying drugs and money laundering (who knew).
After 10+ years, crypto added jack-shit of value to the world. It's time for it to die.
Real investors can see that. Only degenerate gamblers will stick around.
David Rivera
>It has also become apparent (if it wasn't already) that poorly scalable databases don't have real world applications besides buying drugs and money laundering (who knew).
>After 10+ years, crypto added jack-shit of value to the world
This is because you don't know the XSN approach to scalability.
Baeside btc and money without having to rely on banks (which is huge) there are also smart contract, privacy and Defi which will drive the 3th wave of hype.
Jackson Lewis
lol there are still retards that believe this?
how new you are?