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16597248 No.16597248 [Reply] [Original]

It's not like this the first the whales are crashing the market.
I don't know about you, but I'm gonna take advantage of it and buy more.

>> No.16597302

>>16597248
I have DCA weekly buys set up for the past few weeks. It hurts, but I must do it.

>> No.16597584

>>16597248
The price got BTFO in 2018 and still hasnt recovered to half of the ATH. The price was $6500 in November 2017 which means its been stagnating for almost 2 years. Bitcoin has random little pumps all the time followed by bigger dumps. Its funny that you guys get all excited about a 10% increase and start spamming again like this is proof that bitcoin will reach its ATH again. The only reason it reached $19000/coin in the first place is by market manipulation and bots. Its just not going to happen. The hype is over. Joe Q. Public has already all but forgotten about this fad. Blockchain tech may live on but bitcoin is literally in the hands of chinese scammers now.

>> No.16597593

To be fair, you have to have a very high IQ to understand Bitcoin. Its future applications are extremely subtle, and without a solid grasp of computing and economics most of its possible functions will go over a typical investor’s head. There’s also Sitoshis’s free market outlook, which is deftly woven into his creation- his personal philosophy draws heavily from Robert Malthus, for instance.

The shills understand this stuff; they have the intellectual capacity to truly appreciate the depths of this coin, to realise that it is not just speculation - it says something deep about LIFE. As a consequence people who dislike Bitcoin truly ARE idiots- of course they wouldn’t appreciate, for instance, the brilliance in Satoshi’s brilliant programming method - the “Blockchain,” which itself is a cryptic reference to Haber and Stornetta's Merkle trees. I’m smirking right now just imagining one of those addlepated simpletons scratching their heads in confusion as our lord and savior's genius wit unfolds itself on their computer screens. What fools.. how I pity them.