/biz/ - Business & Finance

I hope your right

>>13331236

Screencapped you bastard

>>13331244
your*

>>13331236
But who will fuel the bullrun?

>>13331236
300k buys a lot of bananas.

>>13331264
Institutional investors now they've bought in

>>13331270
It was only 1 guy with a $100 million buy order. The past two weeks was just poorfags FOMO'ing.

>>13331280
COPE

>>13331285
Projection.

>>13331280
they've been accumulating for the past year

>>13331236
>2022
guess I better get a job, was expecting a bull run this year. don't have enough money for this shit

>>13331236
"RETURN TO NORMAL"

>>13331293
Only 4 months. They won't be stupid enough to buy the crash from $6k to $3k.

>>13331264
Trading bots.

>>13331264

the "public"

Yes, bitcoin was in the news during the rise to 20k, however, who bought during that time? Virgin nerds and people already decently versed in technology/stocks.

Construction workers, truck drivers, grade school teachers, hair cut ladies: These people did not invest. Once we see 30k bitcoin (or so) mania will sweep the planet. Every normie will want a piece of the btc pie. Throwing thousands of dollars for just a fraction of bitcoin in the hopes of doubling/tripling/quadrupling it.

We haven't begun to see real mania.

>>13331304
Um, they caused the crash to accumulate lower sweaty

>>13331294
It's likely going to be 2021-2022. You have 2 years until then. Get a job and buy as much crypto as possible.

>>13331325
my uncle is construction worker and he invested
virgin nerds and people versed in technology bought in looong before 20k when it was all over the mainstream normalfag news

>>13331327
>tinfoiler

>>13331370

>anecdotal evidence

>>13331430
>no evidence
People versed in technology invested when it was being shilled on internet news sites and tech sites, not when even local news channels were talking about bitcoin.

>>13331370
There were probably homeless people that invested but anecdotal evidence doesn't mean much. I know a lot of normies and they all knew about it but didn't actually invest. But if bitcoin actually breaks it's ATH then you will really see the normies put in big chunks of their money.

>yeah have you bought any of that bitcoin thing?
>Yeah i tried to buy like $50 of it but the fees were like $3 so when i sent it to an exchange I lost like $6 sending it back and forth
>jeez, that's insane. I'm not gonna bother with it.
>Yeah it's a waste of time
>[door busts open]
>Autist: AKSHUALLY BITCOIN IS DIGITAL GOLD SO YOU SHOULDN'T BUY IT. IT'S NOT FOR POOR PEOPLE
>yeah whatever dude.
>you're a mega faggot dude

>>13331236
u are here

>>13331451

>>13331236
>be me
>be talking to my NPC older brother 2 weeks ago.
>"Hey bro, did you buy BTC at sub-4k? I told you it's gonna go back up."
>"Haha yeah, I'll get right on that haha. No free rides bro haha. Gotta wagecuck tomorrow morning haha. "
>You would be up over 2k if you bought that bro haha.
>[silence]
>"Haha Stephen Colbert haha Founders All Day IPA hahah Game of Thrones"
Fuck normies. I already know he's gonna be salty as fuck that he didn't buy in now and I won't hear a word of his bullshit.

>>13331236
>we are before the public phase
are you retarded, pretending or delusional? what is it?
imagine believing in this when my friends were literally calling me because their boomer fathers wanted to know how to invest in crypto back in january 2018. kys delusional moron

>>13331261

you’r*

>>13331316

> bots

anybody who operates a bot knows fucking very well not to leave them unattended. bots will not make markets move significantly.

>>13331270
>institutional investors
>investing in something not built for institutions

Institutional money had 10 years to come. Regulations aren't stopping their money from flowing in, Bitcoin itself, the structure and the workings of it are not fit for global enterprise use. When you want institutions to use something, you ask them what they require, what their problems are. You ask hundreds of financial institutions the same things. Then you get to work on making a system that has everything they want while also being able to comply to regulations and the way they must legally handle things.

The only digital asset that has ever seen institutional money is XRP, because from the beginning Ripple made it for banks and big money movers.

>>13331780
>wanted to know how to invest
You see the problem there? I know many similar stories as well where normies wanted to get in but never actually did or only bought <$100 worth just to see what happens. That isn’t public mania.

>>13331865

dont bother arguing with these tards.

>>13331236
This is clearly wrong, but it's possible we'll start a new bubble after return to mean. Frankly that's exactly where it looks like we are on the graph right now.

>>13331236
feels good man

>>13331729
here me out here, what if the 20k to now is just the bear trap for when it really takes off?

>>13332368
thats what it is man. we have atleast one real epic golden bull run to go.

>>13332368
>it really takes off
>>13332476
epic golden bull run

what do you faggots call a run from $0.1 to $20k?? cope all you want, you missed it

>>13331236
ITT: Retards LARP with $500 that they have a chance to get in on bitcoin before it "goes big"

>>13332515
dont fool yourself, doubts are evil, the GBR will arrive soon, the oracle has spoken

>>13332781
B-but Tone Vays told me?????!!!

>>13331280
the bear delusion is real

>>13331325
>We haven't begun to see real mania.
In my opinion we have seen mania, and it was in 2017. Your argument are cope cause you are a late adopter. The next bull run will be more steady and prolonged in time, so it will not be a ''bubble'' type of chart, but more like the nasdaq after the 2000 dot.com bubble.
The adoption of crypto should came in the next decade, so you will not have a 2017 bull run anymore, but a steady grown to new all time higghs.
The ''public'' (hair cut, truck driver, carpenters..) it will came as the ultimate laggers in 10 years from now

>>13333090
Well..Opinions are like assholes

>>13331236
this is the better meme chart

>>13331285
>one man with an amount comparable pocket change to institutional investors was able to pump the price 1k+
Do you understand what will happen when billions of dollars flood the market? Remember when crypto’s market cap was closing in on 1T? We have a very long ride up

>>13331236
You're a retarded nigger not to realize that this isn't the "sell off" of a bigger bubble, but that there are cycles of bubbles which are rising until they hit a critical "Big" bubble

>>13331325
>truck drivers


I'm a truck driver And I've been trading BTC for three years.

The general public has come and gone.

>>13331236
whats a better investment? 4 bitcoins or 33k chainlink

>>13331327
Still not low enough for them. They buy at real lows and some of them only buy with they’re personal stash....institutional investors need regulations. No regulations, no institutional money. When the US figured out where they stand onthis shit and release official reports that everyone can point to with 100% clarity, then they come in.

how do I avoid selling when we pass 100k or 200k? (serious question)

>>13334611
Why would you sell? Didnt you have fun last year? Why would you miss 90% ride down again and all the wojaks and memes on biz? Why do you wanna leave us? Aren't we frens?

>>13331787
>>13331261
>>13331244
*you're
FFS, anons.

>>13331430
I live in a rural village in Germany (work in a big city nearby).
Half its residents is already pension age.
My neighbour (well in her 80ies) asked me about BTC in November 2017, because she heard it on the radio and "it might be something nice as a christmas gift".

I did not know that the station she is listening to is even playing something aside from horrible old German folk music (Schlager).

>>13334794

but did she actually buy it?