/biz/ - Business & Finance

What does BTC do, what is the purpose of mining?
Also, can't anyone do the same but better surely after tech has advanced milestones since BTC's inception?

>>29889829
The dip was around -40% and lasted around a month

Good to see you back Kurtosis anon. What’s your background in trading? Is Stiedlmeyer with reading?

Normally when I see a ton of bears I am cautious. When I see tons of bull posts I sell because thats the mania phase.... But when theres an equal amount of both? I thi k maybe a solid ALT season is coming

>>25932484
Wait a minute that pattern....

>OP newfag knows nothing about trading doesn't even use TPO for crypto no experience with previous bull runs nor understands when they happen but insists he's right because le ebin reddit cycle chart he saw on /pol/ that he doesn't even know how to interpret.
Amazing

>>25896001
Is that so

>bullrun ends before it barely began after a halvening lol see you in 3 years
Yeah not likely

>>25863209
Looks like you're a newfag retard who sold me his coins during a the first bear trap correction after then halvening and bitcoin liquidity shortage.

>>25857836
So that's the next goal post shift cope. See you in March.

Clear buy. If you get scared by double digit corrections in an asset market where 100% returns in a week is baby's first milestone instead of buying them up then ngmi.

>>25853773
Go back

>>25850813
>3 year bear market right after a halvening
So many of you need to go back to /pol/.

Since 95% of /biz/ are newfags that weren't around the golden bull runs of 2013 or 2017 i'd like to remind you that having 30-40% corrections is perfectly normal. Were unironically going to 200k+ EOY and crashing afterwards. Bear market starts in 2022.

>>19848657
the previous halving happened in 2016 july, the one before that 2012 november

a few more exponential runs is inevitable. whether bitcoin will stop at covering ~5% of the world's wealth or ~50% is a question, but it's not even 0.01% rn

>>19534617
>No crypto will ever moon again like they did a few years back. BANKS DON'T WANT THEM TO. THEREFORE, THEY WON'T.
yeah. banks were thrilled about the previous shootouts though, that's why they happened.

>>19220060
>the previous bull was the last time bitcoin went exponential!

Images that people stake their entire life on.

Pic related. It would take me 15 years to make up for the money and debt I piled on for the next morning, and frankly I'd rather just kill myself if it goes to $0 (or sub $1k for that matter)

>>12909074
>>12909085