/biz/ - Business & Finance

I'm here since 2011 and experienced all bubbles. I am pretty sure this one is different and it may very well be final one.

Almost everyone now thinks they just wait for ultra cheap BTC and ride it for ANOTHER 10 - 20x gains in few years. It is just too naive and also unique to this bubble

>>12094235
Why are you still here then?

Ive known about btc since 2009. Trust me when i tell you this dip is just like every other dip thats happened. The real whales are accumulating right now. We’re unironically hitting 1 mil in less then a decade. Its too big to fail. Nearly all organized crime used crypto as an easy launder. Banks throwing into crypto, hence betting on their own demise, was the tipping point. Stop believing the blatant fud, they just want you to sell so they can accumulate more at lower costs. Crypto is the future, we’re all going to make it.

>>12094235
I'm sure you were kid

>>12094303
This, if you had told me back in 2015 that JP Morgan was secretly mining BTC I would've laughed and called you a delusional faggot. A lot more is going on behind the scenes than you know

2012/2013 here

it's the same, the sentiment on /g/ and now /biz/ is totally the same, the exact same topics
>my life savings are gone, im done
>total collapse
>i regret going into crypto
>internet cloud money
>its a meme

it will go up again in less than 4 years

>>12094330
JPM is also hoarding and accumulating ridiculous amount of silver. Why?

Because they are positioning themselves to execute order 66, dump fiat into the fucking ground and make bank with all their rare earth metal as well as crypto holdings. When fiat dies silver/gold/crypto all moon. Them and other banks, because they all work together, will control nearly everything after, this, the biggest financial paradigm shift in history, happens. All we can do is copy what they’re doing, because in the end they are the ones that run shit.

>>12094407
How delusional are cryptotards that think people are going to dump money into a volatile asset like BTC in a currency collapse? The reality is the market will crash as people cash out to pay bills

>>12094426
Sure low IQs that bought the top like you will cash out to save themselves, it’ll drop for a while then moon into oblivion

Nice low energy fud

>>12094444
niggers

>>12094235
2012 here.
Same feelings.

anyone whos been around that long doesnt give a shit anyway, because even <3 years ago bitcoin was trading at <250$.

early adopters just dont lose, so not only are they rich as fuck, but bitcoin could take 30 years to reach a new ATH and they'd still be fine

>>12094330
>JPM mining BTC in 2015
any sauce to back up this claim?

>>12094181
BTC as a project is dead since 2009 it's abandoned and BTC as a technology is obsolete, useless, ridiculous.
In 2017 we got lucky, BTC by pure luck appeared on TV, newspapers, was talked about often spreading mouth to mouth.
That interest shut down slowly and it will go back to few hundred usd right where it was before this unrealistic pump.
It was all hype, luck, stupidity & FOMO
In 10 years some new thing will show up, not related to crypto of course. BTC will never go back even to 5k,just like .com will never go back to where it was, but still you can sell llll.com for a $100 today

>>12094181
>How bad is it not compared to the other dips?
Historically everything 'crypto' was just code for 'bitcoin', this time theres other significant tokens that can moon independently of bitcoin with monster volumes.
Which means that this might not just be a 'dip' for bitcoin itself, it could die/stagnate independently of other projects.

Historically you could just start collecting bitcoin when crypto went into a slow dip, this time you cant, you have to cover more.