/biz/ - Business & Finance

>>12977074
>Denial
yup

>>12977074
> they don't know
DELET

>>12977074
Look everyone, anon has found the shittest chart in history. Congrats anon, well done!

>>12977074
imagine not buying before the next bull run...

>>12977096
Yeah why not show the real chart? Faggot bears

>>12977074
That stoch RSI could go sideways on its bottom for months, you realize that right?

>>12977164
no one said moon now
but the bottom is in. deal with it

>>12977182
Ok have fun with that

>>12977215
i'll have fun watching you fomo at 10k

>>12977221
I don't invest in any of this shit. I trade it.

where can I invest in total market cap?

>>12977182
Retard

>>12977327
BTC

>>12977074

>>12977074

>Keep accumulating while the large hedgefunds are prepping for 2.5k

>>12977481
>>12977647
>>12977664

>what is hedging

I believe the large funds started buying very very early on, before the hype, before the blockchain revolution narrative.
They bought it dirt cheap.
Markets are made, the product is irrelevant. Bitcoin has no intrinsic value, the value is perceived and in the eye of the beholder.
Speculation drives markets, speculation drives prices.


>Why didn't they dump at 20k?
That is like killing the golden goose.
I honestly believe the large funds control the supply, therefore control the price.
With futures, you increase your profits exponentially.
You can sell 1 bitcoin at 19K spot-otc.
Or
Influence the price with your supply, use leverage to increase your PNL.
You not only control the supply / price but you can scale your profits and get paid in USD.

>>12977775
dumb money is betting long
smart money is betting short.

>muh hedging

>>12977971
buy the physical, sell the future

>>12978009
Sell at resistance
Short at resistance

>>12977842
>Bitcoin has no value.
> a programmable non cheatable digital currency that isn't controlled by one nation has no value.

yeah go hold some dollars or those venezuelan fiat.

>>12977106
You have a year ,relax dude

>>12978188

Bitcoin has no intrinsic value (at the moment), might change in the future.
Bitcoin can't scale... no mass adoption
Bitcoin is too volatile... can't be a currency
Bitcoin is a store of value.... not when it's in a bearcycle.
Bitcoin is a hedge against the dollar.... if the dollar plunges so will bitcoin. It can't scale.


Bitcoin is a trading vehicle against the dollar.

>>12977842
>the value is perceived and in the eye of the beholder.

ALL money is by definition a shared delusion you dumb mutt.

>>12979038
This

>>12977074
I've been feeling depressed. Does that mean I'm gonna make it soon?

>>12979655
yes

>>12977074
o shit waddup!

>>12979655
tell us when you're feeling suicidal and have a rope ready, then you're going to make it soon

IMO the Fear Of Missing Out is such a meme and was the main driver besides most blockflio combos I see on this board are way too similar so Good Luck pulling up whatever spread position chasing the one

>>12977074
As long as people still talk about "the next bull run" then we're nowhere close to depression. You still have bulls thinking this is the bottom and bears thinking we're going down to 1.5k soon

Maybe several more years of bear can we consider spirits actually broken and be able to hit despondency

>>12979945
4chan is shit for sentiment analysis
for biz it's making it or suicide
biz will never give up unless btc blockchain gets hacked or something

Imagine thinking we are anywhere near bottom after losing the monthly swing that brought us to ATH.

>>12980038
This isnt just /biz/, youll find the same looking at any telegram/discord general chat

>>12980147
discords are dead compared to may

>>12977074
We're still at Denial tbqh

>>12980221
were still at optimism tbfh

>>12979038
@point of maximum risk
>crypto is the future dude, this blockchain shit is revelationary. 100k soon
@point of maximum opportunity
>crypto is a scam. ORANGE COIN BAD. 1k soon.

I'm never going to stop accumulating link anyway. 50k and stacking.

>>12981001
based and redpilled

>>12981001

Accumulates a utility token....