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Real Talk, 100% Not Flame/No Bullshit: This market isn't coming back, bros.

You guys all need to get out ASAP. It's going down to like ...
contagious becky people who are hurt
  02/01/18
reasoning?
flesh nursing home old irish cottage
  02/01/18
The underlying tech might be valuable, but it's still years ...
contagious becky people who are hurt
  02/01/18
when moon
flesh nursing home old irish cottage
  02/01/18
Enjoy your paper millionaire status now, brother. I like yo...
contagious becky people who are hurt
  02/01/18
already lost the paper millionaire status. i agree with you ...
flesh nursing home old irish cottage
  02/01/18
Last sentence is correct
Domesticated Trailer Park Ratface
  02/01/18
...
burgundy filthpig
  02/01/18
i agree that it will play out much like the bursting of the ...
Titillating dysfunction field
  02/01/18
What if we just convert all shit coins to ETH and hodl?
Azure boyish station
  02/01/18
ETH will probably survive, but it won't be pretty for a long...
contagious becky people who are hurt
  02/01/18
You will lose 80% instead of 90-100%
Beady-eyed slimy volcanic crater
  02/01/18
CR. And maybe when/if it does eventually "bounce back&q...
contagious becky people who are hurt
  02/01/18
...
tan step-uncle's house
  02/01/18
Ljl ETH is a shitcoin brother
mint sandwich heaven
  02/01/18
They're all shitcoins.
contagious becky people who are hurt
  02/01/18
You're overstating this. People have literally been leaving ...
Ocher diverse national
  02/01/18
Well the beauty of this thread is that like the almighty BLO...
contagious becky people who are hurt
  02/01/18
A lot of very rationale, very successful people have risked ...
Ocher diverse national
  02/01/18
U are mixing up blockchain the technology with investigambli...
irate mahogany sweet tailpipe chapel
  02/01/18
I hold no cryptocurrencies. I hold tokens for blockchain pla...
Ocher diverse national
  02/01/18
lol
contagious becky people who are hurt
  02/01/18
Lol
irate mahogany sweet tailpipe chapel
  02/01/18
Making 10-100x gains like everyone here has done over the pa...
irate mahogany sweet tailpipe chapel
  02/01/18
I guess at this point it's mainly "house money" LJ...
Azure boyish station
  02/01/18
LOL did tether finally stop printing? Link? Oh man this i...
contagious becky people who are hurt
  02/01/18
If true, then we are fucked
Azure boyish station
  02/01/18
All of the tether shit is almost certainly true, and when th...
contagious becky people who are hurt
  02/01/18
...
mint sandwich heaven
  02/01/18
jfc
Salmon location french chef
  02/01/18
Nah
henna vigorous digit ratio
  02/01/18
OP self outted as a confirmed no coiner and sell cuck. threa...
Cream twinkling uncleanness cumskin
  02/01/18
will bump this thread in march to make fun of OP
startled corner water buffalo
  02/01/18
...
Ungodly hissy fit garrison
  02/01/18
I don't understand how so many people are so confident about...
pea-brained aromatic base
  02/01/18
...
flesh nursing home old irish cottage
  02/01/18
OP is a troll
Ungodly hissy fit garrison
  02/01/18
CR, don't listen to me. HODL! To The Moon! Lambo Alert!
contagious becky people who are hurt
  02/02/18
...
burgundy filthpig
  02/02/18
...
lake brethren mad-dog skullcap
  02/02/18
...
olive galvanic forum
  02/01/18
Who let boner police into the cryptobort?
burgundy filthpig
  02/01/18
...
Khaki Locus
  02/01/18
i had coinbase open and my finger hovering over the sell but...
fuchsia scourge upon the earth business firm
  02/01/18
It's not too late, yet. You're down a lot, but you can stil...
contagious becky people who are hurt
  02/02/18
https://www.theguardian.com/technology/2018/feb/02/bitcoin-b...
contagious becky people who are hurt
  02/02/18
Another nocoiner In the same article he says BTC is "...
excitant electric furnace hell
  02/02/18
From a literal perspective? No. There will still be idiots/a...
contagious becky people who are hurt
  02/02/18
sage wisdom from an objectively brilliant (albeit hyperparti...
Shimmering therapy hospital
  02/03/18
lol
henna vigorous digit ratio
  02/03/18
lmao
Ungodly hissy fit garrison
  02/03/18
...
Khaki Locus
  02/03/18


Poast new message in this thread



Reply Favorite

Date: February 1st, 2018 8:20 PM
Author: contagious becky people who are hurt

You guys all need to get out ASAP. It's going down to like a 50-100 billion market cap again, and it's going to stay down for years (if not permanently). 90% of the current "altcoins" will straight up just disappear by EOY 2018.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299795)



Reply Favorite

Date: February 1st, 2018 8:20 PM
Author: flesh nursing home old irish cottage

reasoning?

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299801)



Reply Favorite

Date: February 1st, 2018 8:25 PM
Author: contagious becky people who are hurt

The underlying tech might be valuable, but it's still years away from being seriously commercial viable on a real scale. It's impossible to predict with real accuracy what companies will drive adoption and be the Facebook--as opposed to MySpace--by the time that happens. And in any event, in its current form this "asset class" is just waaaay too full of bullshit--ponzi schemes, scammers, shady assholes, fraudsters, foreign scam artists, whales, etc.--to attract institutional capital on a widespread scale. In addition, now that the public has increasingly become away of that fact, and also seen all of the scare stories about "the bubble popping," relatively few individuals who aren't already in will want to invest. And if/when this market actually does gets cleaned up to a point where its savory to institutional investors and sane individuals, it will be due to regulation that will also even it out and prevent it from bouncing back in the "LAMBOS TO THE MOON" form in which it has existed in the last year or two.

If you got in early and made smart choices in 2016/2017, congratulations--you were in the right place at the right time. But any idiots throwing money in now to try to recapture the magic, or any idiots who aren't getting out while they still can, are going to be in for a very rude awakening soon. If you can't see the writing on the wall, it's because you're too emotionally invested.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299843)



Reply Favorite

Date: February 1st, 2018 8:26 PM
Author: flesh nursing home old irish cottage

when moon

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299855)



Reply Favorite

Date: February 1st, 2018 8:27 PM
Author: contagious becky people who are hurt

Enjoy your paper millionaire status now, brother. I like you but I have a feeling you're going to walk out of this a lot poorer than you think you are right now.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299868)



Reply Favorite

Date: February 1st, 2018 8:28 PM
Author: flesh nursing home old irish cottage

already lost the paper millionaire status. i agree with you that this shit is gonna burn eventually, but not convinced yet that this is the end...we'll see

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299891)



Reply Favorite

Date: February 1st, 2018 8:22 PM
Author: Domesticated Trailer Park Ratface

Last sentence is correct

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299816)



Reply Favorite

Date: February 1st, 2018 10:25 PM
Author: burgundy filthpig



(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300954)



Reply Favorite

Date: February 1st, 2018 8:23 PM
Author: Titillating dysfunction field

i agree that it will play out much like the bursting of the internet bubble did. but they’re not all going away and some will emerge as big winners imo, just as it happened back then. of course, prices can go much lower before that comes to fruition.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299822)



Reply Favorite

Date: February 1st, 2018 8:27 PM
Author: Azure boyish station

What if we just convert all shit coins to ETH and hodl?

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299872)



Reply Favorite

Date: February 1st, 2018 8:28 PM
Author: contagious becky people who are hurt

ETH will probably survive, but it won't be pretty for a long time. Not sure the opportunity cost and/or upside is really worth it given the risk (i.e., if the market goes down like I'm predicting, ETH is also going to get absolutely shit on).

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299890)



Reply Favorite

Date: February 1st, 2018 8:29 PM
Author: Beady-eyed slimy volcanic crater

You will lose 80% instead of 90-100%

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299896)



Reply Favorite

Date: February 1st, 2018 8:29 PM
Author: contagious becky people who are hurt

CR. And maybe when/if it does eventually "bounce back" (in 2021 or whatever) you'll only have lost 60% of your initial outlay from years before. Congratulations. HODL!

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299907)



Reply Favorite

Date: February 1st, 2018 8:31 PM
Author: tan step-uncle's house



(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299933)



Reply Favorite

Date: February 1st, 2018 8:46 PM
Author: mint sandwich heaven

Ljl ETH is a shitcoin brother

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300086)



Reply Favorite

Date: February 1st, 2018 8:51 PM
Author: contagious becky people who are hurt

They're all shitcoins.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300122)



Reply Favorite

Date: February 1st, 2018 8:31 PM
Author: Ocher diverse national

You're overstating this. People have literally been leaving the big banks to start crypto funds and blockchain projects. I agree most shitcoins are horrible, but it's a green field for real companies. Whether one of these altcoins gets the business or companies play it safe and go with the IBM "blockchain," I don't know. But don't be a chicken little. That's almost as myopic as the people who thought the run in December was sustainable.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299935)



Reply Favorite

Date: February 1st, 2018 8:33 PM
Author: contagious becky people who are hurt

Well the beauty of this thread is that like the almighty BLOCKCHAIN, it is PUBLIC. So I guess we can bump it in the months and years to come and see who is correct.

To be clear, I don't think it's crazy to have like a thousand or two in cryptos. Spend a hundred or two hundred dollars a year on lottery tickets while you're at it, if it makes you happy and gives you hope. But XOers with tens or even hundreds of thousands of fiat dollars wrapped up in this "asset class" at this point (yes even in BTC or ETH or LTC) are standing on the precipice of a very steep cliff, and they don't seem to realize it. It's very sad to watch lemmings throw themselves over the edge.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299961)



Reply Favorite

Date: February 1st, 2018 8:41 PM
Author: Ocher diverse national

A lot of very rationale, very successful people have risked their number 1 asset (their jobs) to join the space. A lot of people with a lot of money will be putting more into the good projects over the coming months and years. I was very negative on Bitcoin's utility and even ETH's valuation, but there are some big forces at work in industry that are pushing them to implement blockchain ASAP. Again, those could be private providers, but I can't invest in those.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300034)



Reply Favorite

Date: February 1st, 2018 8:47 PM
Author: irate mahogany sweet tailpipe chapel

U are mixing up blockchain the technology with investigambling in crypto currency

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300093)



Reply Favorite

Date: February 1st, 2018 8:48 PM
Author: Ocher diverse national

I hold no cryptocurrencies. I hold tokens for blockchain platforms

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300100)



Reply Favorite

Date: February 1st, 2018 8:49 PM
Author: contagious becky people who are hurt

lol

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300106)



Reply Favorite

Date: February 1st, 2018 8:50 PM
Author: irate mahogany sweet tailpipe chapel

Lol

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300113)



Reply Favorite

Date: February 1st, 2018 8:32 PM
Author: irate mahogany sweet tailpipe chapel

Making 10-100x gains like everyone here has done over the past 6-18 months is really, really hard. We are all super lucky and should recognize this.

Now you have to think clearly, rationally about how hard it is to get those gains, and decide for yourself whether the likelihood of it happening again (versus more “realistic” normal gains) is worth the massive massive risk of crypto investigambling

ALSO REALIZE THAT THE FUCKING TETHER PRONTER IS NO LONGER PRINTING HUNDREDS OF MILLIONS OF FAKE TETHERS TO BAIL OUT THE MARKET

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299946)



Reply Favorite

Date: February 1st, 2018 8:34 PM
Author: Azure boyish station

I guess at this point it's mainly "house money" LJL

I should prob cash out partial though

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299969)



Reply Favorite

Date: February 1st, 2018 8:35 PM
Author: contagious becky people who are hurt

LOL did tether finally stop printing? Link?

Oh man this is going to be brutal.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299980)



Reply Favorite

Date: February 1st, 2018 8:36 PM
Author: Azure boyish station

If true, then we are fucked

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35299992)



Reply Favorite

Date: February 1st, 2018 8:44 PM
Author: contagious becky people who are hurt

All of the tether shit is almost certainly true, and when that shit *really* hits the fan--which will inevitably happen, and probably sooner rather than later--the total market collapse will make Mt Gox look like a mere tremor. And after that if will stay down--if not forever, than certainly for years (and it will never again reach the recent heights in anything that is recognizably like the current "cryptocurrency market" we know). Mark my words.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300076)



Reply Favorite

Date: February 1st, 2018 8:48 PM
Author: mint sandwich heaven



(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300102)



Reply Favorite

Date: February 1st, 2018 8:54 PM
Author: Salmon location french chef

jfc

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300147)



Reply Favorite

Date: February 1st, 2018 8:43 PM
Author: henna vigorous digit ratio

Nah

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300058)



Reply Favorite

Date: February 1st, 2018 9:29 PM
Author: Cream twinkling uncleanness cumskin

OP self outted as a confirmed no coiner and sell cuck. thread over.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300423)



Reply Favorite

Date: February 1st, 2018 10:03 PM
Author: startled corner water buffalo

will bump this thread in march to make fun of OP

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300748)



Reply Favorite

Date: February 1st, 2018 10:04 PM
Author: Ungodly hissy fit garrison



(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300759)



Reply Favorite

Date: February 1st, 2018 10:04 PM
Author: pea-brained aromatic base

I don't understand how so many people are so confident about future events. It's ridiculous.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300765)



Reply Favorite

Date: February 1st, 2018 10:08 PM
Author: flesh nursing home old irish cottage



(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300799)



Reply Favorite

Date: February 1st, 2018 10:12 PM
Author: Ungodly hissy fit garrison

OP is a troll

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300846)



Reply Favorite

Date: February 2nd, 2018 1:09 PM
Author: contagious becky people who are hurt

CR, don't listen to me. HODL! To The Moon! Lambo Alert!

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35305480)



Reply Favorite

Date: February 2nd, 2018 1:11 PM
Author: burgundy filthpig



(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35305495)



Reply Favorite

Date: February 2nd, 2018 1:30 PM
Author: lake brethren mad-dog skullcap



(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35305700)



Reply Favorite

Date: February 1st, 2018 10:26 PM
Author: olive galvanic forum



(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300957)



Reply Favorite

Date: February 1st, 2018 10:26 PM
Author: burgundy filthpig

Who let boner police into the cryptobort?

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35300960)



Reply Favorite

Date: February 1st, 2018 10:35 PM
Author: Khaki Locus



(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35301044)



Reply Favorite

Date: February 1st, 2018 10:39 PM
Author: fuchsia scourge upon the earth business firm

i had coinbase open and my finger hovering over the sell button the day back when it spiked from 18k to 19k in like an hour. i KNEW that shit was ridiculous. oh god if only.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35301079)



Reply Favorite

Date: February 2nd, 2018 1:04 PM
Author: contagious becky people who are hurt

It's not too late, yet. You're down a lot, but you can still pull something out and salvage a part of your investment right now. Do it. This thread will haunt you when I bump it in the months to come if you don't. And I will be bumping this thread.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35305435)



Reply Favorite

Date: February 2nd, 2018 1:41 PM
Author: contagious becky people who are hurt

https://www.theguardian.com/technology/2018/feb/02/bitcoin-biggest-bubble-in-history-says-economist-who-predicted-2008-crash

But you guys know better, right?

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35305823)



Reply Favorite

Date: February 2nd, 2018 1:45 PM
Author: excitant electric furnace hell

Another nocoiner

In the same article he says BTC is "going all the way to 0".

Do you really believe that?

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35305862)



Reply Favorite

Date: February 2nd, 2018 1:48 PM
Author: contagious becky people who are hurt

From a literal perspective? No. There will still be idiots/anarchists "HODLing" when BTC is like $15 again. There will still be HODLers if it goes down to $.01. And the Dutch continue to sell tulips to this day.

But from a meaningful investment perspective, he's absolutely right. A decline from $20k (or $8k) down to $15 might as well be zero. Whatever "value" BTC has left after the big crash occurs and fully takes effect will likely be a tiny rounding error.

Want a tulip bulb? I know a guy who can get you a great one cheap.

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35305898)



Reply Favorite

Date: February 3rd, 2018 1:53 PM
Author: Shimmering therapy hospital

sage wisdom from an objectively brilliant (albeit hyperpartisan) economist:

https://www.popehat.com/wp-content/uploads/2013/12/krugman.png

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35313823)



Reply Favorite

Date: February 3rd, 2018 1:57 PM
Author: henna vigorous digit ratio

lol

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35313841)



Reply Favorite

Date: February 3rd, 2018 2:30 PM
Author: Ungodly hissy fit garrison

lmao

(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35314050)



Reply Favorite

Date: February 3rd, 2018 1:00 PM
Author: Khaki Locus



(http://www.autoadmit.com/thread.php?thread_id=3879212&forum_id=7#35313539)