Depression

[Anonymous No.10050807]

Analyzing the last few days post on /biz/, conversation on Discords and Twitter, we're clearly in the depression phase.

[Anonymous No.10050843]

Might still be denial. Until the LINK hodlers start panic selling their bleeding bags, I'm not seeing Depression.

[Anonymous No.10050853]

Every time BTC stops dying for 12 hours people act like it's an end to the bear market. That's straight up denial

[Anonymous No.10050858]

>>10050843

nobody here actually owns link the whole thing is a meme

[Anonymous No.10050921]

>people unironically think we are in depression

Holy shit its gonna be fun browsing this board when bitcoin hits 3k in january

[Anonymous No.10050924]

>>10050807
Ok Google, what's the difference between a correction and a crash?

[Anonymous No.10050927]

>>10050921
>in january

At this rate I wouldn't completely doubt 3k BTC in October/November

[Anonymous No.10050935]

this is still complacency

[Anonymous No.10050952]

>>10050935
>some anons down 95% from initial
>complacency

don't think so anon

[Anonymous No.10050973]

>>10050853
>stop dying for 12 hours
we're still bearish as fuck right, tomorrow it will probably go to 5500.
But we're in the CNBC making BTC funeral phase.
People realizing that they lost 90% of their initial investment and they'll probably never see them again.
I know it sounds like denial but it's bullish or at least stagnant, going to recovery when this happens.

>>10050843
>>10050858
this
Or anyway LINK's holders average IQ is single digit, if they didn't sell at a loss or killed themlsef, they'll fall for the HODL meme thinking it will really go to $1000 EOY, they'll probably never sell anyway, it's both a meme to keep normies busy with a worthless ERC20 token and a cult, some of them will never ever sell their LINK.

[Anonymous No.10050980]

>>10050921
OP is retarded. He probably looks at the graph he posted and assumes the pattern will be the same when in reality the graph he posted is just a completely random example of a cycle.

[Anonymous No.10050987]

>>10050843

What's the point of selling for -90%

I'd just write it off as a total loss and hold

[Anonymous No.10050991]

>>10050952

>some anons still up 10000%

anon.... I..

[Anonymous No.10051009]

>>10050987
None really. I'd just hold at this point.

[Anonymous No.10051078]

We’re in complacency still. The fact that everyone who posts the meme chart is always saying we’re at the bottom and that so many anons think a golden bull run is coming tells me we’re not near the bottom.

If we’re in depression, where was the capitulation? Where was the anger? When people starting chomping out on the BTC core devs for the outrageous fees during December (which was peak Norman) as well as at Wall Street and shortest, then you can make a case for being in anger. But anyone who has ever been depressed can tell you that that isn’t he sentiment right nw, people still have hope. The depressed are hopeless.

[Anonymous No.10051087]

>>10051078
How can we be in complacency when it's already 70% down from ATH? Commplacency is usually around 5~25% below ATH.

[Anonymous No.10051133]

>>10051087
Because the chart starts from 2015

[Anonymous No.10051167]

>>10051133
And that changes what exactly?

[Anonymous No.10051215]

lol most people have sold their bags or are selling them now. barely anybody with a brain thinks a bull run is around the corner. Most are just hoping it doesn't fall to zero and can find a bottom sometime soon. A bottom doesn't mean a bull run; this shit will trend flat for a long time before doing anything.

[Anonymous No.10051233]

>>10051087
Complacency was 17k. 'Get ready for the next rally' that never came.
15k was anxiety. 13k was panic 10k was denial. 8k was panic 6k anger and now we go to 4-5k. That would be the absolute bottom. Accumulation phase begins again for 1-3 years.

[Anonymous No.10051244]

>>10051167
Where the bottom is located. It’s 250 dollars.

[Anonymous No.10051247]

>>10051233
I agree with this. The idiot who I replied to probably doesn't have the capability to understand.

[Anonymous No.10051294]

>>10051244
250 dollars would be 98.75% down from ATH you retard. That's no longer a cycle but a permanent collapse.

[Anonymous No.10051371]

>>10051247
This chart you could say is possible. Would have to have some major news or a gateway for normie money to come in, for a bull run to go above 50k. Not to me mention the difficulty of crypto to scale. BCH could scale. The flip could happen. After 3 years of accumulation, bitcoin is ready for a nap. That doesn't mean the rest of the space can't moon and moon hard. ICO's raised more money than all money from 2017 put in combined. So many tokens and more use cases. More competition. SEC stepping in with security clearance, dapps, dags, and dht's will duke it out for spots. Zilliqa is one I'd keep an eye on.
>>10051244
They'd never let normies buy that low. If it was $250 again, they'd be sold out. 4k at the lowest. See this chart and the other I posted.

[Anonymous No.10051415]

[Anonymous No.10051438]

>>10051078
Pretty sure there was lots of anger telling JP Morgan to fuck off and Stan Lee to stop being a bitch bear.

[Anonymous No.10051445]

>>10051233
I can agree 10k was denial. I called 6k BTC months ago and everyone had their pitch forks ready to kill me.

[Anonymous No.10051470]

>>10050807
which is good, then we will be out of it soon

[Anonymous No.10051552]

>>10051445
Good call. It wouldn't surprise me if Bitcoin stayed above 5k because it was 2k a year ago with half as many tokens or more not around. Most of them are scams and PnD. The more Iotex and ____chain's we have, the more new money. But they're being sold off for more bitcoin. Bitcoin is always the end goal.

[Anonymous No.10051789]

>>10051233
nice fucking chart
source?

[Anonymous No.10051896]

>>10050921
>this is a sucker's rally

[Anonymous No.10051909]

Anger at best.

[Anonymous No.10051916]

>>10051371
>Would have to have some major news or a gateway for normie money to come in, for a bull run to go above 50k
Not sure I agree with this. Normies were in btc, full on. Yeah, they're all out at this point but you think they're not sitting, watching on the side line waiting to jump back in. They are.

[Anonymous No.10052234]

>>10051215
This.