/biz/ - Business & Finance

the prophecy, its true, its all true, you have to believe and you will have gains

>>14990996
why are you so contrarian bobo, just buy like the rest of us. Just bought another 0.2 at 9600

>>14990996
We have to trick the bulls into a false sense of security, then liquidate them to fuel the dump.

>>14990996
You lost Bobo , last time to get your ticket for the citadel.

please tell me we're going to crash soon

>>14991091
This

>sold at 10130
>now sitting here desperately biting my nails hoping it goes back below 9700 so I can buy back in

I-it'll go back down, right bobos?

I'm legitimately curious, what is the mindset of hobos? Why do they want prices to fall? Are they all margin traders just hoping to win a gamble. It just seems like a stressful position to take as opposed to buying something and relaxing until you can reap some gains. Not trying to insult you guys, I'm actually curious.

>>14991170
Bobos* stupid autocorrect

>>14991170
Some of them might be shorting it. Others just have sold and wait for a dip/dump. Not everyone holds onto BTC like a retard, that is, like you.

>>14991170
Bobo here, I am actually a psychotic permabull who would literally fight in a war and die for the ideology behind crypto

But I’m trying to make money off the tether collapse, which is coming. I need the short term cash to fund my long term devotion

>>14991157
yes, look at the ratio of longs vs shorts. it was only pumped to build liquidity. we might pump a bit more into the 10k range but doubt it. this is going sub 9k when it starts to fall.

>>14991170
shorting is literally free money right now. the tether ponzi is up and the spiral to sub 3k will begin soon.

>>14990996
don't fight the market. This is bull season, be cautious with BTC shorts until 2022.

It's fucking supply and demand.
Central banks are BTC's best friend right now. Zimbabwe, China, Venezuela, South Africa are creating huge buying pressure, every paycheck. Mining is becoming more expensive and soon we will half those fuckers supply. The biggest sellers of BTC

>>14991208
I don't even hold BTC you faggot, I'm just asking why I see so many of them what is their mindset

>>14991214
>This is bull season
bear has barely started. this little dead cat to 14k was the last of the tether fuel and we will plunge hard. 3k will seem like the top compared to the new bottom.

There will be some weak pumps while BTC bleeds over the next several months. Just look at the chart. The first 2 pumps formed legit bullflags, pushing on resistance until it broke. Now this 3rd pump doesn't look bullish at all, we're now pushing on support until...

>>14991170
Zoom out
we’re all shorting 20x lev on mex, look at the charts kid, tether is about to correct which means bitcoin will drop too, because tether determines btc

>>14991209
Ok, this makes sense, I'm just not a gambler I guess

b b but Omega is always right this can't be happening !!!! we are supposed to be going to 2k right now111!!!

>>14991282
Legit a week away, long term he’s right
1 oz Gold more than 1 bitcoin in 2019, its guaranteed

>>14991253
might be right but I bet we're at yearly high in sept
>>14991245
I could use some BTC at $3K, christmas would be twice in 2019
>>14991209
Still waiting on that tether collapse? Since 2016? Wouldn't everyone just use dai and usdc instead? The argument is tether artificially pumps BTC? but it allows for dumping of BTC too. I'm missing something?
>>14991170
When I started buying in 2016 I loved the prices going up but then I realized that I need more BTC. I started hating seeing the price climb, 10k, 15k, 20k. When price crashed people would tell me "how about that BTC now" I'd just smile and think about the market sentiment

>>14991307
are you a child? Gold is the most manipulated commodity

>>14991337
kek you do realize the mcap of tether is bigger now than it is in 2017? do you really believe there's more money in crypto now than during the peak of the bullrun?

face it, tether is insolvent and it has propped up btc for all of 2018 to now. they don't even have 50% in cash to cover all the coins. their cash equivalents are literally just btc. the collapse is coming, it's just of question of when.

>>14991337
>>14991209
>Tether collapse is bearish
First thing that would happen is a rise in BTC price as everyone rushes for the exits (hint the exit is Bitcoin) and only after that can you short. So shorting now because you think this thing will implode makes 0 sense.

>>14991409
>First thing that would happen is a rise in BTC price

>>14991357
>mcap of tether is bigger now than it is in 2017? do you really believe there's more money in crypto now than during the peak of the bullrun?

That's not how market caps work buddy. It's just the last trade times supply, no real money needs to ever move for BTC price to go up. Scarcity brother.

>tether is insolvent and it has propped up btc for all of 2018 to now. they don't even have 50% in cash to cover all the coins. their cash equivalents are literally just btc. the collapse is coming, it's just of question of when.

bro bro bro. Do you have a second for me to explain fractional reserve banking? All assets are being inflated by fiat and are due a collapse. If they do, money will probably flow into real assets, real estate, gold and maybe even this nerd ledger

>>14990996
>>14991115
>>14991357
>>14991422
300 DAYS BEFORE 2016 HALVING
VS
300 DAYS BEFORE 2020 HALVING

ARE YOU AFRAID BOBO?YOU SHOULD

>>14991427
>tether is now a fractional reserve institution

AHAHAHAHHAHAHAHAHAHAHAHHAAHHAHAHAHAHAHHAHAHAHAHAHAAAAAHAHHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHHAHA

THIS IS THE MOST DELUDED BULL COPE
IMAGINE DEFENDING THIS PONZI BAHAHAHAHAHAHAHAHA

>>14991450
you know bitfinex raised a billion dollars privately? To cover this shit. Wake up bro.
I honestly hope BTC does crash and I pick the bottom

>>14991549
Yeah an investigated company raised I billion dollars in one week LOL

>>14991450
oh my god! tether will collapse and day now, or year. Fingers crossed for a tether collapse I've been promised for years, I love cheap BTC

>>14991562
Smart money is still spending silly in this space, shows how early this all is.

>>14991549
>you know bitfinex raised a billion dollars privately?

Sold all my BTC and ETH hoping to buy back in lower you bobo fucking furry fuckers better be right about it going under 9200

>>14991607
They said we would go to 2.5K too. That's why I bought more BTC a $4k than $3k. Bear fuckers trapped me

Fuck you, bobo.

>>14991427
> He compare Federal Reserve with a shady company in an offshore country.

>>14991694
>>14991694
>He compare Federal Reserve with a shady company in an offshore country
No I didn't and keep your faith in central banks, I'm sure they'll never let you down

post your shorts bear fags

>>14991350
No shit genius, what does that have to do with 1 oz of gold being worth more than 1 btc?

>>14991212
tether's fucked but that doesn't mean they don't have one last exit pump in them before the end

>>14991984
because next to each other you'd be a fool to choose Gold over BTC, a public ledger where anyone can audit it. Transparency is valuable in investing. Gold has it's price and moves up here and there but it will never do what BTC is doing, predictably because of the fucking code. I don't think you're as dumb as you act when you say oz of gold will be worth more than a BTC. No one here is that dumb. Are you an old boomer or something?

>>14991444
Priced in.

>>14991170
Personally I'm a poorfag so I can only invest right after a massive dump.

>>14991091
We have to trick the bears into a false sense of security, then liquidate them to fuel the pump.

>>14994050
>they know this so this time the next bart will be down again