/biz/ - Business & Finance

>>27618190
Davebots.

>>27041364
say hello to the Davebots.

I knew there was this under currant of bullshit in the bitcoin "investment" community all the way through the bear market.

It's like everybody is sort of coming around to the idea of the bear market and talking about it, but right under the surface is this naive optimism that the bull market is right around the corner. Basically, this board and Leddit, and Twitter is absolutely fucking stacked with fake bears who are all convincing themselves that they are already in the depression stage, purely so they can "get it out the way" and get on with the Get Rich Quick part which if we're honest with ourselves is what absolutely every faggot is in this for.

Note how quickly the sentiment has changed to so many people being convinced that the bottom is in. Here's a hint as to know when we're actually in the depression stage. It isn't when people are posting "oh god I'm so depressed, this is the end", it's when people are so fucking bored of Bitcoin that the price finally reaches an equilibrium. The point to the bottoms of markets is that they come about because most people are no longer interested. If every faggot is obsessing about Bitcoin still, which they still very much are considering that they've been bag holding since Christmas, then we're still in the woods because none of them have been shaken out of the market to the point of despondency yet.

The real pain has yet to begin. The market will always move in such a way that the majority feel pain, and considering that everybody is still secretly bullish and high on hopium, we're gonna need another big fucking move downwards to get the message home: most of you are not gonna get rich on Bitcoin.