[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 40 KB, 600x400, 104928655-5ED2-FN-010418-Seg3.600x400.jpg [View same] [iqdb] [saucenao] [google]
10280817 No.10280817 [Reply] [Original]

CNBC told everyone to short BTC. They know its dead, smart money knows its dead, investors are never going to touch crypto now. Why would anyone invest at this point?

>> No.10280828
File: 79 KB, 1000x648, Accept this.jpg [View same] [iqdb] [saucenao] [google]
10280828

>>10280817

>> No.10280831
File: 75 KB, 628x534, 1517360741272.jpg [View same] [iqdb] [saucenao] [google]
10280831

>cnbc is smart money

>> No.10280833

>>10280817
because cnbc shilled the fuck out of crypto/btc at all time highs. telling people to short/how to short should be bullish af

listening to cnbc = store poor

>> No.10280840

>>10280817
actually 1 out of the three people on that screen told people to short.. the other two were bullish

>> No.10280847

>>10280833
fuck i'm drunk

>> No.10280852

>>10280817
>CNBC told everyone to short BTC.
If this doesn't sound bullish af to you, you'll never make it.

>> No.10280861

>>10280817
>MSM knows less about crypto than shitposting pajeets
>Crypto is dead
If you go to msnbc for crypto advice you deserve to stay poor

>> No.10280868

(((CNBC)))

>> No.10280870

>>10280817
They told everyone to buy at the top. Now they're telling everyone to short at the bottom.

>> No.10280884

>>10280817
CNBC told everyone to buy XRP high and sell low.

I would rather own 100k LINK then listen to those guys

>> No.10280911

>>10280817
>CNBC told everyone to short BTC
BUY NOW.

>> No.10280939

>>10280847
>green id
>drunk
You'll make it anon.

>> No.10280942

>>10280828
No institutional investor is going to buy into this anymore. Crytpo has proven it could not hold up as a currency anymore and they want something stable that will make money.

>> No.10280965

>>10280942
C O P E
O
P
E

>> No.10280990
File: 96 KB, 962x556, Goyim-e1443712641762.jpg [View same] [iqdb] [saucenao] [google]
10280990

Yes yes. Sell it all silly goyim.

>> No.10280994

>>10280942

I've never bought the 'store of value' only meme - but i have bought the digitization of assets + changing the world of finance memes. Need a value add before you sell 'store of value'.

>>10280939

Got a stack with real financial market utility and I know i'll make it

>> No.10281044

>>10280817
> CNBC
> Smart money
Are average retail investors really this retarded?

>> No.10281095

>>10281044
Average people in general.
Taking advantage of them is bad though. Bad karma.
But it works. Especially in our current system.

>> No.10281107
File: 84 KB, 1000x648, 1531691609532.jpg [View same] [iqdb] [saucenao] [google]
10281107

You lose OP. Game over.

>> No.10281114

>>10280833
>telling people to short/how to short should be bullish af
checked

>> No.10281145

I"m drunk as fuck right now, I'm in a taxi going to my gf house, this post made me laugh so hard

>> No.10281150

>>10281107
Meme chart is right. Went to a wedding yesterday, and talking about crypto = "well you're a software dev, i don't know what the hell your talking about and sounds like a scam to me". Proves to me that we are no where close to true hype with the normies

>> No.10281164

>>10280828

I'm starting to believe this is actually true. Novogratz talked about 20 trillion mcap so he basically believes that this is the First Sell off aswell. At first I thought he was just retarded but I don't know anymore.

>> No.10281181

>>10281164
I think there is another 2-3 big bull/bear cycles, each one with decreasing percent differences. We still need some culling with alts tho, so dyor

>> No.10281182

>>10281107

yeah, for anyone to suggest we've been through the public phase of this graph and come out the other side is ludicrous

it hasn't started yet

>> No.10281197

>>10281182
Also it's still way to damn hard for normies to buy most alts - barrier to entry guarantees that we're still early on.

>> No.10281211

>>10281107
There's not going to be a return to the mean though.
Crypto moves up in bubbles.. like the chad chart.
I agree that we are just getting started for the real awareness phase of crypto.

Most people in crypto watch 1 bubble happen, then invest on the next one.
It's gonna be the same this time, the world watched the last bubble happen, then they will invest on the next one.
Gonna be a crazy ride for whichever coins can survive the regulation and adoption on their networks.

>> No.10281217

>>10281197
we're in the 3rd or 4th innings.

>> No.10281289

>>10281181
According to the meme chart the real bubble is going to be in the stratosphere, so maybe they will be bigger.

>> No.10281319

>>10281145
pics of gf?

>> No.10281334
File: 7 KB, 275x183, bear.jpg [View same] [iqdb] [saucenao] [google]
10281334

>>10281319

>> No.10281353

>>10281211
People won’t.People don’t like buying low “because it’s dead”.they will just fomo in at the top again.

>> No.10281392

>>10281353
They'll fomo in of course, but it'll be earlier and it'll pull in more people that simply watched the last bubble happen on the sidelines too.

I've seen the pattern before.
People see a bubble in crypto and go 'huh that exists? sounds strange/cool/scam/weird'

Then they forget about it.
Then the next bubble happens and they are already familiar with it and they go 'oh shit I could have made XXXX dollars if I bought the last bubble i better buy now'

This is a pay to play space.
Most people get burned on their first time but those who are patient can make it.

>> No.10281493

>>10281392
This is true
I fomoed in at 1900 usd but qas too much of a rookie yo sell 20k
Oh well
Got to wait now
Ill sell once one bitcoin gets me a house with enough land to raise cattle
No big herd, just like 20 or ao

>> No.10281522
File: 120 KB, 704x738, little bull respecting hitler.jpg [View same] [iqdb] [saucenao] [google]
10281522

>>10281150
>Proves to me that we are no where close to true hype with the normies
>MFW the 20k ride was the "techie-normie" hype train and the real normie hype train is coming

>> No.10281547

>>10281522
this guy gets it - most tech normies got in with last run, and you'll get late adopter tech next run with early adopter normies.. then reg normies with the next run.. then late adopters

>> No.10281563

>>10281547
I can't believe I didn't realize it before your post. It all seems so obvious now.

>> No.10281568

>>10281493
Bull wants to raise some qt bulls. Adorable. Hope the bears don't eat them.

>> No.10281692

>>10281493
Hope it happens, sounds like a comfy plan.
The space is more complex now due to the hardfork. We'll see what happens.

>> No.10282346
File: 13 KB, 276x183, spottedjuly2018.jpg [View same] [iqdb] [saucenao] [google]
10282346

>>10281164
It really is true Anon. The true "tech" behind all these opportunities have not even been deployed for the most part. We are early adopters but the paid FUD attacks happening every single day for the last 5 years have been attempting to separate us from our holdings. Good luck Anon.

>> No.10282394
File: 22 KB, 225x225, IMG_0483.jpg [View same] [iqdb] [saucenao] [google]
10282394

>>10280817
>CNBC is smart money