/biz/ - Business & Finance

No.

>>14340369
This

>>14339770
Didnt you bobos learn your lesson yesterday?
Nothing stops this train.

>>14339770
I traded all of mine away, knowing that it will crash more than 15%. Well boys, it's been a good run, but it's time to move on.

>>14339770
Plot twist: it won’t.

>>14339770
babys first bitcoin bullrun

>implying going from 20k to 3k wasn't down
See you at the top.

>>14339770
Its all fake anyway, it can pump to a billion a coin as long as tether keeps popping out of thin air

>>14339770
1_Trade volume on usd is constant while the btc being traded has been decreasing due to scarcity in the market.

https://coin.dance/volume/localbitcoins/ALL

2_The reason why btc bullruns usually stop is because the fees become high and normal everyday users doing wires stop for a time and become purelly speculative forming a bubble.

This has not happened since the 4.2k bullrun as a matter of fact 1sat transactions have been going on and the mempool as cleaned during the weekend that means that we are ready for a week of fomo.

3_The timing of the run from 8k to 11k happened at the end of the week meaning the faggots fomoing and buying with bank transfers are still waiting for their fiat to enter exchanges.
They are going to be all week waiting it to drop bellow 10k to fomo but the fact that they will be waiting means it will not happen.

4_Boomer media is slow and this week news of btc surpassing 10k will happen again this combined with point 3 means that we are in for a massive bullrun this week , also point 1 shows that the btc liquidity in the market has been decreasing.

5_BTC dominance has nearly risen to 60% as shitcoin money escapes to the true crypto king for it's halving.

COPE Anon , you had your chance to accumulate and you lost it , now it's your last chance and you probably are already justifying a mental excuse to don't buy as you did at 3300 then 4200 , then 6000 then 7000 then 9000 and now.

Stop creatin excuses

>>14340451
Explain the collapse on LOCALbitcoins volume in btc while constant in usd.

Only one explanation , there is scarcity of BTC in the market.
Prove me wrong , protip you can't.

>>14339770
it already went down retard

Even if it went 30% it would still be at 8k now

Clown world economics buddy, do the opposite of logic...now is unironically still a great time to buy.

>>14340485
Pajeets are trying to cope

>>14339770
This is going to keep going up...fuck it might end up all the way to 19k and then go back down to 5k.

>>14340589
Price has NEVER gonne down from a year before a halving until a year after the halving.

We are in the bullrun that will become the dictionary definition of bullrun.

>>14340474
Easy: your imaginary coin has no real value. Its computers changing numbers. Also known as a scam.

>>14340474
i like your post but not your image
fuck jannies

>>14340641
calm down boomer. go play with your shiny rocks

>>14340641
95% of fiat is digital , worse it's unbacked by anything and infinite.

If they shut down the internet to kill crypto so they kill fiat as a global bankrun happens to get non existant cash.

You don't know how bad things truly are for you Bobo.
Bitcoin is as important as the printing press the separation of currency and state will be caused by it.

Last times to get in.

>>14340652
Jannies spent all day removing black dicks from the board , have some respect from them.

>>14340451
Who cares

>>14340678
30 yr old boomer with no shiney rocks, are you going to provide them for me?

>>14340710
jannies=trannies

>>14339770
15% still puts BTC at nearly $9k... Who gives a fuck?

>>14339770

>>14340787
Jannies may eat dick and take it in the ass but that does not mean we have to disrespect them.
Biz is a board of peace.

>>14339770
I'm a flat earther so I don't believe this but I bet you think tesla sent a car to space. That shit supposedly went up. Is it coming down?

>>14340894
it's orbiting between earth mars and the asteroid belt around the sun.

It's not expected to colide with anything for a long time.

>>14340433
actually, every other bullrun had 40% retracements
only this one doesnt

>>14339770
Good. More time for dollar cost averaging.

>>14340369
Fpbp

>>14339770
Reminder that it took us less than 3 weeks to go from 10k to 20k the first time.

>>14340769
No need when you keep shoving them up your hole.

>>14341731
>Reminder that it took us less than 3 weeks to go from 10k to 20k the first time.

WOKE

https://coin.dance/volume/localbitcoins/ALL/BTC

>>14339770
>What goes up must come down
That shit hardly applies to physics, why the fuck are you applying it to markets? If I throw something harder than 11 km/s it doesn't come down. Rockets exist. That's why it's called mooning you sack of shit

>>14341788
Not if you achieve orbit at such attitude that there is no atmospheric drag.

Which is what btc will do when it breaks bellow fiat inflation level next year and achieves orbit.

>>14339770
BTC will dump 15% when it touches 20k in like 3 weeks

>>14340369
Based

>>14341664
We retraced from ~$8400 to ~6350 in one day back in mid-May. That's a 25% retrace, which was followed by a strong bounce, and, while not 40% or whatever other arbitrary number you decide is "necessary", nothing to scoff at.

it will crash to 9k for sure, thre is a huge divergence between RSI 1day
Have already seen a divergence like that in all other markets, and no, no way it won't correct.
9k is where you should be considering buying bak again.

>>14340460
>>14340474
>localbitcoins
Normies use Coinbase
Trade volume there is decreasing, just like in Dec 2017

>>14341869
It could continue creeping up higher, even on low volume. Don't let euphoria and/or the need to feel correct influence your behavior.
When the crash comes, it will be massive, as is the norm when a parabolic advance breaks.

>>14341934
Minimum volume decrease in USD , massive in BTC being traded because there are less of them than expected.

>Normies use Coinbase

Maybe but localbitcoins offer the best info on the market being a p2p exchange they only hold coins they have and it offers the best vision of the market.

>>14341976
Localbitcoins is too slow.

>>14342066
Maybe but it's the place that shows the true data as exchanges can fake shit to appear to be the best.

Localbitcoin has nothing to gain by faking shit and hell the trades are public anyway.

The collapse in supply of btc since march 2019 is like the one in may 2017.

Check this chart

https://coin.dance/volume/localbitcoins/ALL/BTC

>>14341869
>crash to 9k FOR SURE

lmao. Why ? Because you missed the boat and wanna get some before the halvening ? Or did your Fibonacci golden triangular shower meme charts tell you that ?

It won’t go below $10,500 for another month at least. That is my guess.

>>14342167
take RSI and On balance volume at 1 day.
You'll see a pretty clear divergence with RSI and a divergence (less clear) on on balance volume (cumulative). Seen this a lot of time, and no way it won't correct

It means that (at least momentanley) the fuel for the bull is in pause.

>>14339770
>15%
>crash
>BTC

>>14340641
So why aren’t you making money since you see the whole picture you miserable faggot
Imagine not having a single Bitcoin, my god this must be torture for you

>>14341851
>arbitrary number
there were several retracements of ~40%, not just one, and all of them hit the 21 ema and bounced off.

>>14339770
This is the correct thread.
BSV will be the true ethrum killer and also king of coinmarketcap 2019
Do you not think that the Craig Wright team has not been working hard? Guess what? It has.
And always remember, as Craig says:
Get in BSV
The real BTC!

Let us all celebrate now
https://www.youtube.com/watch?v=xwRZgtTEH08&t= [Embed]

>>14340769

kys

>>14344071

kys

>>14344071
kys

>>14339770
post short faggot then we talk

>>14340369

Well damn, that's compelling, eat shit op what you gonna say to that?