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/biz/ - Business & Finance


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15418814 No.15418814 [Reply] [Original]

Like anything in life, if a person or thing acts too big for what it can offer or provide to people then it gets shunned, ignored and knocked down.Think of the slightly above average looking guy at school who became semi popular then started acting like a rockstar, his looks were not congruent with how he was acting so he gets shunned until he acts in accordance with how he looks, or more importantly what he is actually offering.Or the reality star who acts the same way.

Likewise crypto spent 9 years largely under the radar, yes youd get bitcoin news reports, but really nobody understood it and 99.9% just considered it some weird funny money.It wasnt acting above its actual value.Fast forward to december 2017 to jan 2018 and crypto explodes on the world scene like its the internet x100, normies get scared they are missing the next tech revolution.Crypto is way overhyped for what it is.This is the average looking guy acting like a rockstar.When everyone realises its a bunch of money grabbing erc20 scams people made in 20 minutes and made million of dollars for out of, it essentially gets shunned.Crypto is dying a death, the marketcaps are STILL many MANY times higher than they should be.

>> No.15418863

sell and get the fuck out of /biz then

>> No.15418872
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15418872

>>15418814
your post is the buy signal

>> No.15418879

>>15418863
he probably did. most of us sold a while ago. i doubt there are many actual coinfags left. its just fun to laugh at permabulls, so we stick around

>> No.15418881
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15418881

>>15418814
Pic related

>> No.15418882

>>15418814
at least update the chart to present aha

also your point of view is not unique at all, literally all the 'normies' are thinking this. Do you want to be a normie for the rest of your life?

>> No.15418891

fucking jcho710 again i am sick and tired of this slant

>> No.15418892

>>15418872
My post is the truth.Every fad in history has played out the same way.Human psychology never changes.

>> No.15418897

>>15418892
what's your IQ?

>> No.15418921

Novogratz went all in in 2014 when OP did not even know about Bitcoin

Novogratz has not sold even 10% of his stack when we hit 20,000$

OP thinks it's over and Novogratz (and the Winklevoss brothers - people way smarter than him) are going to hold bags eternally.

KYS OP SRSLY

>> No.15418930

>>15418892
Please tell me your IQ.

I'm genuinely curious

>> No.15418947

>>15418921
Novagratz has been wrong many times over, and I already said in earlier stages it wasnt acting above what it actually was.Believe me if btc approaches Novagratz’s buy in price, then youll see what he really thinks.

>> No.15418959

>>15418892
Would you have called the stock market a fad in the early 1800s? The internet in 1990? Probably

>> No.15418962

>>15418947
just say IQ, ignore all other questions. Your anonymous, don't worry.

>> No.15418973

>>15418947
Winklevoss brothers are way smarter than you and they are balls deep into Bitcoin

stop fighting and kys.

>> No.15418992

>>15418973
They are balls deep in it but also many many times up from their buy in.They wont be sweating until it approaches that.

>> No.15418993

>>15418992
then just hold bitch

>> No.15419016

>>15418879
you'll fomo back in once we break ATH
that's the irony - greed never dies from the human psyche and btc is backed by greed

>> No.15419024

>>15418992
STOP IGNORING ME.

WHAT'S YOUR IQ?

MINE IS 131. WHAT"S YOURS?

>> No.15419060

>>15418814
>Think of the slightly above average looking guy at school who became semi popular then started acting like a rockstar
You are a colossal faggot and a braindead retard comparing this shit to BTC. Are you even 18?

>> No.15419148
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15419148

>>15418881

>> No.15419151

>>15418814
Bitcoin will never be above $15k again.
Just buy LINK.

>> No.15419177
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15419177

>>15419060
Not at all.Everything and everyone is judged by what they have to offer.The dynamics are the same whether its high school or markets.When you have to resort to name calling then you have already lost.

>> No.15419196
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15419196

>>15418814
If you only knew how wrong you truly are bitcoin as the phoenix always rises from the ashes of it's previous death.

>> No.15419218

I madd such a huge amount in 2018 just by hodling a large short position on XBTUSD. What do you think? Will short sellers be replicating that success again now that BTC is firmly back in bubble territory?

>> No.15419311

>>15419148
You don't have to convince me, anon. I can't wait to see what happens

>> No.15419369

>>15418814
Except everyone likes making huge gains and now the rich know the pattern ever eoy. Premium cycle. If anything, it's shown how to be a great time tested instrument for this. I hope you're accumulated.

>> No.15419402

>>15419151
It will be way over that.

>> No.15419459
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15419459

>>15418892
You're right every fad eventually disappears, like the Internet bubble. Nobody uses this useless Internet anymore thank god it eventually vanished.

>> No.15419537

>>15419459
this
who the fuck needs internet in 2019?
look at all documents shipped daily, all these printed books, long paper, short the internet bubble

>> No.15419602

>>15419459
Not comparable.Nobody doubted the internet was a gamechanger at any point after 97-98, what everyone doubted was that a large portion of the companies were grossly overvalued, which was true.Companies were getting 200 million dollar valuations off the back of having a website,When the dotcom bubble popped, 5% of the worlds population was already using it, and the majority of those users from first world countries.The amount of crypto users worldwide since the bubble is popping/popped was around 0.2%.

>> No.15419615

>>15419602
You still haven't said what your IQ is.

Please, I'm begging

>> No.15419663

>>15419602
You think you are smart, aren't you anon? Well, let me clue you in: This wasn't the first bitcoin bubble and it wont be the last.

>> No.15419854

>>15419602
You aren't invested in blockchain, are you...
Smart money is now going to pump it higher than dumb money. You have been warned.

>> No.15420072
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15420072

>>15418814
nothing out of the ordinary for BTC going on here. Looks about par for the course to me.
I agree that it's underdeveloped, but that doesn't mean it's overvalued. People have been saying exactly what you're saying since it hit $1.
There are smart people out there that sold for chump change and never looked back.

>> No.15420167

>>15419016
>>15419663
>>15419854
Open a chart you fucking idiots.

>> No.15420283

>>15419177
Wrong. Markets have nothing to do with being cool or not in HS. The dynamics of the markets have a lot less to do with "hey I'm acting too cool right now I need to go back to being a loser", and more to do with having real teams of intellectuals and savy businessesmen behind companies that are offering something that has demand. Like I said, your comparison is stupid and makes no sense. Only a child would compare markets to HS, or an adult explaining to a child..