BITCOIN IS FALLING… BUT WHY??? #REALTALK!!!




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About the Author: sunny decree

29 Comments

  1. I told you…..I bought bitcoin at 8500. You will never see bitcoin above 8500 ever again or at least for a very long time from now. Sucks, but, I can't invest worth a shit. So, now that I'm invested, it ain't going nowhere.

  2. People are ignorant Sunny because the government made sure that they are working their asses off and have no time or energy to keep themselves well informed. Which isn't that easy anyway with all these mainstream media bollocks. If you go home tired with work you'd rather turn on Netflix and grab a can of beer than made yourself upset reading how bad the economy is turning. It's really that simple.

  3. 'People are ignorant or dumb' Why? Because they don't want to buy your shitbag and join the bitcoin ponzi? People are not interested in bitcoin, it's been a 10 year long experiment at best. There are no guarantees and you can see your wealth go down the shitter in a matter of days because bitcoin is too volatile and P&D games by whales who control supply. What people care about is how to pay the bills at the end of the month.

  4. Sometimes people want to try it out but banks don't allow it, for example in my country (portugal) I tried to buy a little bit of bitcoin by transferring funds to coinbase the most known name and my bank blocked the transfer and said the recipient account (coinbase) is under investigation and if I transferred funds to them they may close my account in the bank, so you see the financial establishment is not really helping the mainstream folk in investing in these modern currencies, they don't like them or accept them.

  5. I'm not bearish on Bitcoin until it breaks the support trendline made from the low in December. Bitcoin looks fine rn it runs in 4 year cycles and we aren't even a year into the current cycle

  6. 99% of my friends don't even know where money comes from and how it functions within the economy; trying to explain to them Bitcoin is like jumping a lot of steps on a knowledge ladder.

  7. Yes, there may be good news out there. But the fact remains…nobody's really spending or using it…yet. Cryptos have a non-existent PR campaign. Most people I know have no understanding or real interest in cryptos. Unfortunately, to date, the only person to put cryptos into general awareness was Zuckerberg.

  8. It's interesting to watch the the US debt clock. The US National debt window is increasing in 10,000 increments at the same speed that the US tax revenue goes up in 1000 increments.

  9. most people are sheeple, and bitcoin price is only just below its long term log trend line, gold/sliver are also going sideways while over inflated shares are pumping. hard landing is unavoidable 12 -18 months max before she blows, but could be next week, so be ready – bags packed

  10. Great talk! They managed to build such a huge comfort bubble around everyone, that everyone basically believes everything is fine,… So why would they risk stepping out of their bubble? The comfort bubble somehow has to burst before the people will start moving… Everythime something worrying happens, they have all the tools to convince everyone they can relax and stay put in their bubble. They will fix it, right? 🙂 Thanks a lot, i enjoy listening to people who have their eyes open!

  11. I tried to speak to some friends, and they think that bitcoin and crypto currency are too risky, and they prefer to buy gold, some believer got rekt during the crypto winter and lost a lot and never want to touch crypto again..

  12. You understand the basic of democracy by these thoughts. Is this a working system? What does it generate? If you ask all people the result is normally wrong or just too late.
    Regarding bitcoin we are still in bull market, the point is the public enter too late but this is normal. My question for you is where you will sold if goes back to 3k or under? Here is how the market works – if you buy expensive you will sell cheap.

  13. I can see the shitcoin pattern described by Willy Woo more and more in Bitcoin. I already recognized it earlier but didn't want to have it true. Don't know if it will turn out that bitcoin is forming the biggest shitcoin pattern ever, but time will tell. To make this clear in advance: I am not talking about bitcoin being a shitcoin when it comes to fundamental value only about the pattern it is forming on the charts.

  14. Hey Sunny, did you ever consider CME Futures contracts creating artifical supply? What I want to say: with futures contracts we do not have 21 Mio. BTC anymore but we do have an unlimited amount of bitcoin IMO.

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