/biz/ - Business & Finance

>>11050402
What happened after the dotcom bubble?

>>11050402
>bullish

>>11050455
facts are irrelevant, sell (((us))) your cryptos while you still can goy!

So we're at the time post-crash, and I'm still $300k up from my initial investment of $5000? Cool!

>>11050519
This is what I'm saying. Let the weak hands leave. Those who hold the right coins will be rewarded in the end. It's like nobody reads a fucking history book anymore.

JUST

Imagine is the NASDAQ has even 50% of the losses that crypto has... we would be living in Fallout right now

>>11050455
It took about 7 years for most people to break even again.

>>11050534
Getting time to get those longs going got obe open @6280 for a couple btc if that gets liquidated @4k i will all in 5x

>>11050402
>Bullish af

>>11050402

>>11050402

>>11050597
Which sucks for those who entered last December. Right now is a good time to watch for the bottom and invest.

>>11050455
people reinvested in companies that provide a product or service that has actually use and is consumed. unlike crypto which 9999/10000 people dont understand what it is and certainly don't it.

>>11050597
so since crypto moved the same way in a quarter of the time.... does this mean i'll be at 800k$ again in less than 2 years?

>>11050597
But the crypto market is x3 faster than regular stocks

But yeah...most shitcoins will end up to zero so bagholding isn't always the best strategy

>>11050657
Huh. You're probably right.

>>11050597
So 7 months in crypto then. We dumped in March... October, what a coincidence.

>>11050632
>tfw entered around Christmas and still up 3x

>>11050402
>is now worse
>now
There was already a 80%+ crypto correction in 2014

>>11050657
itll never go back up. the partys is fucking over. the hype is gone. its no longer in the news and as mainstream as it was in the beginning of the year. there's no new money. any shifts are plebs moving shit from one crypto to the other like rearranging chairs on the deck of the titanic. it has zero value outside of the crypto world. if it was accepted as a mainstream currency it already would have happened 8 months ago, but nothing came of it. take your profits and run if for some stupid reason you're still holding.

>>11050762
History repeats itself. It will go back up and everyone will fomo back in again. See you at the fomo queu lines.

APOLOGIZE

>>11050402
>tfw didnt withdraw 20k profit from 3k investment

I just wanted to hit six figures so fucking bad

>>11051122
Same. What a joke lol

>>11050455
cisco facebook google amazon happened

>>11050455
Everyone stopped using the internet due to the bubble bursting.

>>11051142
Only a few will survive, but those who do shall become future giants. Don't miss out on this second chance.

>>11051122
You learned a valuable lesson about taking profit relatively cheap.

>>11051173
Based on what? 80% of the mainstream population has no idea what it is and don't care. It has no relevance at all, how is it going to gain it?

>>11050591

Yep, the difference is like 50% of people have money in stocks where as like only 2% money in crypto and it's only getting lower. Crypto is a tiny market that doesn't have any effect even when it crashes anyone who says it's mainstream is borderline retarded.

>>11051142
>CISCO
>still down from ATH

>>11050402
Goddamn this makes me effing comfy right now. I'm gonna be so rich when this thing swings back around.. hot DAMN.

>>11051826
>ETH
>LTC
>BCH
you'll basically break even

>>11051853
Break even? Brah, I started with 0.6 BTC in January and have been steady accumulating all the way through the bear. The trading is amazing when nobody wants their coins anymore. They dip, I scoop. It's like Willy Wonka's chocolate fountain. I hope this thing lasts another couple of years. I wanna see Bitcoin at $200 and Ethereum at 50 cents. Right about then everybody forgets all about 2017 and it happens all over again. Except this time I'm ready.

>>11051959
>has never suffered a single loss in 8 months of a bear market
nice LARPfolio.

>>11051216
Adjust for inflation pls

>>11052036
Take a closer look my dude

>>11050690
>tfw entered around august, made 7x my money in early january, and then lost everything and am now 0.5x
all because i was so fucking set on getting a single 10x

>>11051826
Nice folio!

>>11051853
bcash is probably going to split in 2 due to drama. they are already vulnerable to a 51% with like 5% of bitcoin hash. if they split in 2, popcorn will come out.

>>11051196
>The internet will be the future and everyone will be on it.
>Based on what? 80% of the mainstream population has no idea what it is and don't care. It has no relevance at all, how is it going to gain it?

>>11050402
>Market crashes from 3trillion 2000 dollars to 1trillion 2000 dollars

Vs

>Market crashes from 350billion 2018 dollars to over 100billion 2018 dollars.

>Muh markets

Fucker this shit hasn't even come close.

>>11052145
>implying you would have cashed out even at 10x
t. held through 10x and never took profits

>>11052221
Also for comparison it would have to reach about 4.5 trillion to even be fucking comparable to the dotcom bubble in 2018 dollars.

So really you fuckers are predicting 30x gains.

Go figure that a market literally 5-10% the size of the dotcom bubble moves down for a few months and you fuckers are muppeting about like it's burning to the ground.

Smart getting the dumb people to sell though good tactics.

>>11050402

>bulls in December were comparing crypto to the dotcom bubble claiming we haven't even reached a trillion dollar market cap

> we were no where near 1 trillion before the market started crashing

Lmao 50k eoy amirite guys?

>>11050791
>History repeats itself
it was a bubble with everyone losing sight of what it was, rather only treating it as a way to make gains through the most volatile shit ive seen. notice how people say 'im up 300k on it this year'? 300k of what, oh usd. that doesn't say much of crypto 'currency'.

that aside look at the big picture of what its supposed to be. an alternative currency. but its not used as a currency. so whats the value of it aside of people just betting on essentially nothing, hoping more people put money into it so they can cash out? if the value was very stable, no one would pay attention to it including everyone here.

>>11050402
Everyone told me that crypto would be bigger than the dotcom bubble and now you're saying that its already lower than when the Dotcom bubble crashed?

>>11052826

>>11052755
Consider the fact that USD purchasing power has in fact gone down rather than asking Bitcoin to be stable perhaps you should be sitting outside your political representatives office and changing things for the better because the value of the us dollar has depreciated so far in the last ten years you're about to be broke and starving forever.

To think that ten years ago a hundred dollars could have bought you double digits in Bitcoin. Now it's on the level of microbitcoins.

>>11052286

what is dead may never die, but rises again harder and stronger

>>11052854
i can use a usd. a crypto coin 10 years ago has the same purchase power as now [ib4 minor exception]. some fucker had to drive hours to use btc to buy subway or pizza or whatever, and that situation has not changed. no one accepts the currency because no one uses it. its a shit.

also 10 years ago was glorious, everything was essentially half off aside of basic goods.

And it happened in like 1/100th the time, so we can resume the massive bull I guess

>>11051826
why these random allocations?

Now that's what I call (((berg)))