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RE: The Cryptocurrency Bubble Is Popped

in #bitcoin6 years ago

I am hoping to see a annual fall bitcoin pump this year November-December on schedule.
the Ethereum and bitcoin and ripple curves are different, ripple looks like it is headed to zero whereas the others have retained much of their value.

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"...November-December on schedule."

-> seems that's becoming a bit of a self-fulfilling prophecy: everyone knows its happened before, thinks it'll happen again, so buys in. Then everyone else buys in until peeps go 'hang on, why's the price increasing???

Then the selling starts and we wait until the next November for the fun to start again.

Does crypto have any purpose other than the November-December pump?

I LOVE it. 😆😆

Think about how much people would freak out if the bear market went through December. They'd be crying armageddon in the streets!

Eeeeek... it would definitely break the 'mould' and everybody's belief that there is a known regular cycle with BTC.

I'm of the opinion there will be no bull run this Nov-Dec. A tide has turned IMO.

Only a few months away in any case... watch this space as they say.

Thanks

I hope not, I will start the power down in November!

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