I bought in, i'm giving up my bear ways, but he's cute so i'm going to post him one more time
Chin chinCha chaUrsa UrsaExpand your pursa
>>59305702Good to know I sold the absolute topJust like that bitcoin will never be above 16k again
>>59305800yea i mean, it seems pretty bubbly, i don't think i'm especially clever for buying in now
>>59305702Kind of funny you didn't buy in your own market cycle when it was at $16,000.
>>59305702top signal
>>59306220wym my own market cycle, i've bought bitcoin before but I pretty quickly spent it on gambling
>>59305702Awe, look at the little guy!
I sold
>>59305702Why now? Total market cap looks pretty bearish but I would wait for the confirmation of a higher low before buying in because right now we had 2 lower highs back to back.
>>59306391i investigated the underlying crypto and determined it's secure enough that the underlying premise of a distributed financial system might have some merit and might not just be some coked up fantasy of finance bros
>>59306510thats a given but a short term correction seems more likely than not
Bobos buying the top again. Massive top signal.
>>59306548i didn't invest heavily, i believe bitcoin has several major flaws that are under-addressed and under-discussed. One is that, even if the hashes and the signing are secure, normal computer systems are not. I firmly believe that if a state actor like the NSA wants to get into your internet computer, they probably can without much trouble. Even much smaller groups that buy and sell vulnerabilities(0days) on black/grey markets should have no real trouble finding enough vulnerable systems to steal lots crypto(assuming they aren't afraid of law enforcement) to meet their financial needs. Ultimately crypto is interesting but not "world-changing", yet. And it needs to do more than just go up in value to do that. It needs to offer credible solutions for the publics concerns.
>>59306291a BEAR market retard
