/biz/ - Business & Finance

>>12982442
THE "MATH" IS IN THE PEOPLE TRADING IT. WHEN SOMETHING HAS NO FUNDAMENTALS, PRICE IS A BIG GAME OF PERCEPTIONS THAT ARE BEST DESCRIBED USING MOVING AVERAGES. SURE BTC HAS "NEWS" ABOUT INFRASTRUCTURE AND HOW PEOPLE BUY AND TRADE IT, BUT A $1 BTC IS STILL THE SAME THING AS A $1000 BTC. WE WILL BE DISCUSSING MOVING AVERAGES MORE IN DEPTH LATER SO PAY ATTENTION FAGGOT.

>>12982499
YES THE TOP OF EACH CYCLE IS MARKED BY PEAK MAINSTREAM EXPOSURE TO SUCK IN THE LARGEST AUDIENCE THAT IT CAN CAPTURE. ONCE EVERYONE THAT WILL BUY IN HAS ALREADY BOUGHT, THE TREND REVERSES UNTIL PRICE DICTATES THAT THE MEDIA SHILL BTC TO A NEW ROUND OF SUCKERS. I'VE ALREADY TOUCHED ON THIS BEFORE BUT -

1ST CYCLE - PEDOPHILES AND PEOPLE BUYING DRUGS ONLINE

2ND CYCLE - COMPUTER NERDS AND LIBERTARIANS

3RD CYCLE - AFFLUENT WHITE MALES IN THEIR 20'S - MID 30'S THAT KNOW HOW TO USE A COMPUTER

4TH CYCLE - EASIER ACCESS AND ETF'S WILL ALLOW FOR AN EVEN LARGER GROUP OF SUCKERS THAN LAST TIME