/biz/ - Business & Finance

>>23286730
A March-style collapse is uniquely unlikely for the same reason why another crash after the 1987 Black Monday collapse was very unlikely.
The crash seared itself into the minds of all participants. They acted accordingly by adjusting risk exposure pre-emptively. In other words, it's priced in.

>>21307239
>lol this literally isn't possible.
You do realize that's what happened in 2017? I had retards like you tell me the same thing in 2016, that crypto would never be like 2013 again.

Some of us aren't newfags and are already millionaires.
Only total newfags that weren't around for january 2018 would call this euphoria. Talking in absolutes is the easiest way to stay poor in this market.

People citing uniswap pajeetry and yield farming degeneracy as reasons for the local top are retarded newfags.

The leaders of this market are Bitcoin and Ethereum. Until they make new ATHs, we are nowhere near something you could call a "mania". These defi projects that are exploding on uniswap only have a few thousand holders with barely any real liquidity. Altcoin volumes are barely 1/10th of 2017.

Ignore the noise of portfolio posting and biz shitposts. Watch for the real signals like volume and # of addresses. We just exited a 2.5 year bear market and accumulation phase and you're already calling for a top. Stay poor.
(and yes, there will be massive shakeouts, just like in 2017. but the overall uptrend has just begun.)

>>21015410
Just stop. You're embarrassing yourself. It's obvious you're a retarded 2018 newfag.
The fact that you're equating link and YFI to SNX shows how out of depth you are.

It's cute to see all the december 2017 newfags in here trying to call a top. Just because you bought the top 2 years ago and got rekt doesn't mean others will.

We just had a 2 year accumulation period. If you think we are anywhere near the top, you are delusional. I was telling ya'll everything is just a market cycle during the biggest moments of despair and you called me dumb. Well cope harder faggots. The bullrun is here and it will leave all of you behind.

>>19445497
yeah if you had any brains or if you're really from 2015 you'd see you're the equivalent of ashdrake and others like him on crypto twitter back in 2016
it took literally the largest derivatives exchange shitting itself and cascading liqs to bring bitcoin to $4k
i don't see it happening again

i've been in this space for a long time and this is the most sure i've felt in a rally since 2017. the disbelief to me is exactly like 2016. way too many people simply think it can't go up due to [insert their favourite narrative]. that's a one way ticket to blow up city. the disbelief is even reflected in the funding and basis.

best of luck to any bears who still have sub $3k conviction. you're gonna need it.

>-17.5% ($3,500) on the day

You retards realize this is just a rally to the 0.5 level, just like 2008 and nearly every other bear market before it?
We're going to new lows in a few weeks.

>>17641506
as someone from 2016 who still checks on /biz/ now and again, i can tell you for a fact quite a decent number of whales/traders on crypto twitter started off on /biz/. they won't admit this openly nor do they use 4chan terminology anymore, but it's known to anyone who was around back then. even people like angelo browsed /biz/ back in the day. wouldn't surprise me if there were massive whales on here.