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Bitcoin going to zero
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Thread: Bitcoin going to zero
11-27-2020, 04:24 AM
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#1
- InfoSuperHwy
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- InfoSuperHwy
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Bitcoin going to zero
Hold on
11-27-2020, 04:26 AM
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#2
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Why you say that
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11-27-2020, 04:27 AM
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#3
- MetalliNattyCa
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- MetalliNattyCa
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11-27-2020, 04:32 AM
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#4
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Vaccine news probably got people pouring in to futures at least
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11-27-2020, 04:36 AM
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#5
- PimpMasterC
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- PimpMasterC
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Bitcoin will 100% go to zero. And I have contrubuted a little to that with my excellent high iq arguments.
Bitcoin rests upon one thing only, and that is social consensus. Once this collapses, which it will. People and whales, everybody will run for the exit, and there will be almost no buyers becuase confidence is lost and consesus has collapsed. It wil drop so fast and so hard, that it will make any drop look like a joke in comparison. When fear takes control and people have no confidence left in bitcoin, you will start see early whales transfering millions of bitcoins all scrambiing to sell. It will dump so fast that most people will lose a lot of money.
Remember that it doesn´t take too much btc to cause a dump in price. When the hedge funds that owns a lot of bitcoin turn into sellers, which will happen at some point. They don´t like high risk, so they will sell right away when the social consensus starts to show signs of collapsing. There will likely be no one rich enough willing to buy their bags, so price drops, confidence gets lost and even hardcore bitcoin maxis start to lose hope, it turns into a selling frenzy and the price drops by a chit load. And from there, it will never recover any meaningfully, because all hope of it´s bright future will be permantely lost.
Bitcoin rests upon one thing only, and that is social consensus. Once this collapses, which it will. People and whales, everybody will run for the exit, and there will be almost no buyers becuase confidence is lost and consesus has collapsed. It wil drop so fast and so hard, that it will make any drop look like a joke in comparison. When fear takes control and people have no confidence left in bitcoin, you will start see early whales transfering millions of bitcoins all scrambiing to sell. It will dump so fast that most people will lose a lot of money.
Remember that it doesn´t take too much btc to cause a dump in price. When the hedge funds that owns a lot of bitcoin turn into sellers, which will happen at some point. They don´t like high risk, so they will sell right away when the social consensus starts to show signs of collapsing. There will likely be no one rich enough willing to buy their bags, so price drops, confidence gets lost and even hardcore bitcoin maxis start to lose hope, it turns into a selling frenzy and the price drops by a chit load. And from there, it will never recover any meaningfully, because all hope of it´s bright future will be permantely lost.
11-27-2020, 04:44 AM
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#6
- Stackerbruh
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- Stackerbruh
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Originally Posted By PimpMasterC⏩
And after, the calm.. and after.. the rise of bitcoin again. Winners? HODLERS who buy when everyone has dumped. I'm waiting till around january, hopefully BTC will fall far below 10KBitcoin will 100% go to zero. And I have contrubuted a little to that with my excellent high iq arguments.
Bitcoin rests upon one thing only, and that is social consensus. Once this collapses, which it will. People and whales, everybody will run for the exit, and there will be almost no buyers becuase confidence is lost and consesus has collapsed. It wil drop so fast and so hard, that it will make any drop look like a joke in comparison. When fear takes control and people have no confidence left in bitcoin, you will start see early whales transfering millions of bitcoins all scrambiing to sell. It will dump so fast that most people will lose a lot of money.
Bitcoin rests upon one thing only, and that is social consensus. Once this collapses, which it will. People and whales, everybody will run for the exit, and there will be almost no buyers becuase confidence is lost and consesus has collapsed. It wil drop so fast and so hard, that it will make any drop look like a joke in comparison. When fear takes control and people have no confidence left in bitcoin, you will start see early whales transfering millions of bitcoins all scrambiing to sell. It will dump so fast that most people will lose a lot of money.
11-27-2020, 04:46 AM
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#7
- PimpMasterC
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- PimpMasterC
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Originally Posted By Stackerbruh⏩
It´s goning below 3k for sure. One time it´s gonna be the end, and it will time good with the rise of alt coins. While bitcoin is collapsing, alt coins will start to attract the hope and specualtion instead, so no one will be excited about btc anymore. Mainstream media and social media influencers will instead start talking about the next big thing.And after, the calm.. and after.. the rise of bitcoin again. Winners? HODLERS who buy when everyone has dumped. I'm waiting till around january, hopefully BTC will fall far below 10K
Btc has recovered in the past, but one drop will be one too many. And people will lose hope permantely, it will fizzle out until it eventually goes to 0 after the network is successfully attacked.
If bitcoin is still successfull in 2030, ban me from this forum forever.
11-27-2020, 05:16 AM
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#8
- Lunatic
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Originally Posted By PimpMasterC⏩
Are the Chinese the same way in the stock market? I ask that because they hold 74% of all bitcoins.Bitcoin will 100% go to zero. And I have contrubuted a little to that with my excellent high iq arguments.
Bitcoin rests upon one thing only, and that is social consensus. Once this collapses, which it will. People and whales, everybody will run for the exit, and there will be almost no buyers becuase confidence is lost and consesus has collapsed. It wil drop so fast and so hard, that it will make any drop look like a joke in comparison. When fear takes control and people have no confidence left in bitcoin, you will start see early whales transfering millions of bitcoins all scrambiing to sell. It will dump so fast that most people will lose a lot of money.
Remember that it doesn´t take too much btc to cause a dump in price. When the hedge funds that owns a lot of bitcoin turn into sellers, which will happen at some point. They don´t like high risk, so they will sell right away when the social consensus starts to show signs of collapsing. There will likely be no one rich enough willing to buy their bags, so price drops, confidence gets lost and even hardcore bitcoin maxis start to lose hope, it turns into a selling frenzy and the price drops by a chit load. And from there, it will never recover any meaningfully, because all hope of it´s bright future will be permantely lost.
Bitcoin rests upon one thing only, and that is social consensus. Once this collapses, which it will. People and whales, everybody will run for the exit, and there will be almost no buyers becuase confidence is lost and consesus has collapsed. It wil drop so fast and so hard, that it will make any drop look like a joke in comparison. When fear takes control and people have no confidence left in bitcoin, you will start see early whales transfering millions of bitcoins all scrambiing to sell. It will dump so fast that most people will lose a lot of money.
Remember that it doesn´t take too much btc to cause a dump in price. When the hedge funds that owns a lot of bitcoin turn into sellers, which will happen at some point. They don´t like high risk, so they will sell right away when the social consensus starts to show signs of collapsing. There will likely be no one rich enough willing to buy their bags, so price drops, confidence gets lost and even hardcore bitcoin maxis start to lose hope, it turns into a selling frenzy and the price drops by a chit load. And from there, it will never recover any meaningfully, because all hope of it´s bright future will be permantely lost.
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