/biz/ - Business & Finance

Green incoming

This is even worse than meme lines

>>10888654
Pajeet.

Unitonically Link will be top2

>>10888640
The market still needs to wipe out 95% of shitcoins before we go on another bull-run.

Just look at TRON, VeChain, Cardano and Litecoin...there are too many shitcoins worth billions, we're still in denial dude

>>10888683
You seem to be in disbelief

Unironically af

>>10888683
>The market still needs to wipe out 95% of shitcoins before we go on another bull-run.

That has already happened. The top 10 holds ~80% of the market cap. The 10-50 probably up to 90-95%. If you look at the charts the great majority of coins outside the top 100 (95%+) already lost more than 80%/90% since their ATH or more.

>>10888697
And you seem to be in denial. See how that works? /thread

>>10888723
Good, but we still have a long way down to go. Out of the top 20 coins which of them are actually used? Bitcoin, Ethereum (it's still a useless shitcoin) and Monero...that's it, the rest are pretty much all a cash grab or a ponzi

Need that pump..

>he thinks we’ve passed complacency

What does it matter even.
Before all the news went bananas for the 20 000 $ BTC there was mass news for BTC hitting around 1000$.

Then we had a 2 year crash.

Now we need to have a 2 year crash before BTC reaches 100 000$ for i know.

And guess what we are for almost 8 months in this shit there still 16 more month until we reach ATH again.

Of those 16 months 6 will be the actual bullrun.

Bullrun wont come until every single one here is depressed as fuck, what we see now is that every 100$ up is followed by mass chearing... ofc then it falls down.

During the bullrun BTC cleared 1000$ in 2 days!

I'm ready for my gains, new ATH early next year

>>10888660
That Unitonic sounds delicious. I'll take 100k.

>>10888857
>hurr durr last bearmarket was 2 years this time its also 2 years

>>10888958
Hurrr durrr people don't need time to forget that they bought in December.
Hurr Durr things don't need to cool down before there is hype.
Hurr Durr there can be hype for crypto until the end of the universe
Hurr Durr 1BTC=1 the worth of the entire planet in the end of 2019.

>>10888640
>>10888660

There's no point in buying anything other than BTC + Link. If crypto/blockchain fails, BTC will likely be the only thing to remain, you may loose some money but not all of it. If crypto/blockchain succeeds, it will be because of Link and you will be rich.

>>10888640
zoom out

>>10888958
>Hurr durr let's have a bullrun each year guys, oh wait, let's have a bull run each month, no wait, lets have a bull run each day

My God people how can you be this deluded?. There is no new money coming into crypto, we need to go through a recycle period first

Holy shit

>>10889133
>Got burned in December
>BTC 20k again
>Thank God I got my money back
>BTC is 25k those suckers don't know what is going to happen
>BTC is 35k, it will crash any day now
>BTC is 50k. Jesus I could have more than doubled my money! I am going in it was a new paradigm after all! I was just too early!
>BTC drops like a comet

Never underestimate FOMO and greed anon. People can't even remember what they bought two weeks ago and why their paycheck is so thin after rent.

>It turns out a staggering 70% of the UK's over 18s take part in the national lottery on a regular basis, which is close to 45 million people.

>>10889424
A lottery ticket costs 1 dollar.

This is the most retarded analogy I have ever read.

>>10889471
>People spend $1 on lottery tickets

We are a year off before btc hits absolute bottom.

>>10889476
Holy crap, you are right. Golden bull run confirmed.

>>10889133
Normies can barely remember last week because of years of smoking weed and need to be told what their opinion is. The next run will be driven by corporations anyway so they're irrelevant in this equation, though they are totally gonna buy at the tail end yet again.

Bitcoin is too controlled by exchanges. If ETFs ever become a thing, BTC will crash to <$3000 and stay there, marking the end of potential irrational crypto gains.

>>10888640
Wait did I just read that correctly? There was 320billion VOLUME in bitcoin? Jesus just how much money does this planet's economy have?

>>10889392

You don’t need new money, you just need optimism so people start paying higher prices.

>>10889563
market cap =/= actual money

The peak was somewhere around 5 billion in December

>>10888654
If it works it ain't stupid

>>10889563
>For purists, who believe “money” refers only to physical “narrow money” (bank notes, coins, and money deposited in savings or checking accounts), the total is somewhere around $36.8 trillion. If you’re looking at “broad money,” which isn’t just physical money and includes any money held in easily accessible accounts, the number is about $90.4 trillion.

>Funds invested in derivatives alone total at minimum $544 trillion, and the high-end estimate is $1.2 quadrillion. In fact, there is more money in derivatives than in all the stock markets combined, which is a comparatively paltry $73 trillion.

The last market is what Link is going into.

>>10888640
We aren't there cause this is a sucker's rally, and this meme chart won't make it go up

>>10890289
THIS

>>10888749
Irrelevant. Blockchain itself has barely begun to be used. If you invest based on what is working today you are in the wrong market. Go buy AMD and AMZN

>>10888958
holy shit i lold, nice

>>10888886
Nice digits

>>10889574
You don't have a clue how this works, don't you? First, you pump the shit out of cryptos by risking tons of your own money, and only after that you create tons of hype so retarded idiots buy your hyper inflated bags, not the other way around.

News flash: all cryptos are still hyper inflated.

Jesus

>>10888794
this

>>10888640
I know this is b8, but sop posting this shit
If is was THAT easy that patterns constantly repeat, then people with bots would make shitloads of money all the time
An.. oh wait

>>10891978
except this time it will be true
a lot of non believers out there, who think it's too easy to actually happen, so it just makes it easier
pro-tip: buy now or regret it in 2019
>t.insider nonironically

>>10888857
>Now we need to have a 2 year crash before BTC reaches 100 000$ for i know.
Where exactly is all that money supposed to come from? All the Korean housewives already got wiped out.

>>10889476
>>10889491
Americans spend 70 BN on lottery every year.
If that money went into crypto the MCAP would be *at least* 1TN by the most conservative estimates of how real cash influx affects mcap.

>>10891978

>>10888658
no u

>>10888931
Seriously I could go for an ice cold Unitonic right now.

>>10888640

So basically what you're saying is we just need to cool off for the next rally? Damn, we really are STILL solidly at complacency. Fuck.

>>10888640
I appreciate this.

>>10892331
Capitulation doesn't mean that _everyone_ sells. For every seller, there's buyer. There will always be people who believe that it will go up again, no matter how low it gets.

>>10888794
>>10891940
>hurr durr 70% drops are just the beginning

>>10892207

>>10888660
link concurrency will be $10,000 one day.

>>10889357
I'd go for BTC + Link + Holo. If blockchain falls, BTC remains (as you said). If it becomes a roaring success, it will be thanks to Link. If blockchain putters on, Holo has a very small chance to totally replace it.

>>10888857
how it's possible to be so stupid

>>10894095
>Link
>Holo
Wew I thought investing in scams wasn't trendy anymore

>>10888857
>Bullrun wont come until every single one here is depressed as fuck
What if I tethered up at 1000% profit and am sitting comfy?