There are two kinds of people out there...

There are two kinds of people out there. Smart money that knows bitcoin is in a bear market and bulls so drugged out on hopium that they are not in reality anymore.

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Other urls found in this thread:

forbes.com/sites/billybambrough/2020/08/09/after-bitcoin-betrayal-goldman-sachs-is-suddenly-betting-big-on-blockchain/
forbes.com/sites/michaeldelcastillo/2020/08/26/fidelity-president-files-for-new-bitcoin-fund/#44363d4445c9
twitter.com/NSFWRedditImage

yes, we know. what do you get out of posting this? "sky's blue" whoa so observant

STFU, this shithole is filled with retarded bulls.

you sound poor

The question is how long will the bear market last.

For another year at least now that stock to flow has been invalidated. Expect it to bottom out at around 1200.

Fuckkkkkkk you should put 100x leverage on a short then you’d be so rich................you psychic

bro....just shut the fuck up. seriously. these little kid games where you faggots try to act like you know what's going to happen, they're pathetic. we are 2 days into a bear market and your faggot ass is calling a year long bear market now. do you realize how fucking retarded you sound? go back to Minecraft, little man, and let the big dogs make some money.

and Bitcoin $1200??? hhahahahaahahaaahahahahahahahahahadaahahahahahahoateuhsoneuhsaoneuhsaoneuhahahahahaheouhtoheuaholyfuckingshit

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Its not being psychic, its called having common sense.
Stay salty bullfag

this bobo always makes me laugh. you niggers are the best

1200 lol. I think it’s going down but not down there

Yes it is. That was the true bottom we never hit because the last bear market got manipulated before it hit it so now it has to go back. The bulls did this to themselves.

lol at every new paradigm BTC reaches there are idiots like you who say "lol it's over for BTC"
People are buying it to invest in their future, not to flip bags of shitcoins tomorrow for easy profit.

Most margin exchanges will collapse if we dump to 1200

how salty are you to have missed out on 6 months of crypto bull?

Smart money doesn't know where the price is going to go. You'll learn this over time and be humbled by it.

Then make the 100x leverage on a short like no offence but it’s disgusting that you’d let a talent like that go to waste.......sad

Bears don't actually have money to invest with, that's why they salivate over the prospect of a 99.9% drop because it's the only way they'll ever get a bag.

Not even one single serious investor thinks bitcoin is a serious worthwhile investment.

You mean like Paul Tudor Jones? The writing is on the wall.

"Jones, who said his Tudor BVI fund may hold as much as a low single-digit percentage of its assets in Bitcoin futures, becomes one of the first big hedge fund managers to embrace what until now has largely been snubbed by the financial mainstream. He was motivated to take a hard look at Bitcoin after considering the implications of massive fiscal spending and bond-buying by central banks to combat the coronavirus pandemic, he said."

I'm bearish rn but you lost all credibility with this post

alright time to close up this thread. I thought there might be some TA or something of substance but instead OP is just a retarded faggot: forbes.com/sites/billybambrough/2020/08/09/after-bitcoin-betrayal-goldman-sachs-is-suddenly-betting-big-on-blockchain/

Are you actually this stupid or are you trying to FUD to accumulate at lower prices? Honest question.

>2 days
More like two weeks. ZOOM OUT, and look at the net decrease in volume everywhere.
Cope more at your lack of proficiency at reading charts and your delusional hopes of seeing numbers going up forever. Enjoy the red candles because trust me, it will last for a while. next stop $5000

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The moment that nobody even mentioned anything positive about bitcoin he became a laughing stock. No serious investor respects a loon like that.

Look at Fidelity too. And JPMorgan is still fucking around with their digital currency endeavors.

The greatest transfer of wealth in human history is going to happen within the next few decades (boomers to millenials). Millenials are not interested in gold.

Hence the leverage heyyyy I know it’s stupid possibly going into debt but this guys has a Chrystal ball so the risk should be minimal for him

>bulls so drugged out on hopium that they are not in reality anymore.
This. Pic related is proof that we're not done yet

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I’d like a response to this You jew

>The greatest transfer of wealth in human history
You doomers keep saying this stupid shit, its not fucking happening.

You asked for a serious investor. I can't think of a more quintessential serious investor.

I wonder if these Fidelity people are serious investors? This is all happening right now.

forbes.com/sites/michaeldelcastillo/2020/08/26/fidelity-president-files-for-new-bitcoin-fund/#44363d4445c9

Generational wealth transfers happen inevitably. They happen whether you want them to or not.
Look up statistics on how different generations look at bitcoin, by demographic. This is a very simple concept.

The demographics say that the youngest and dumbest people think that bitcoin is money.