/biz/ - Business & Finance

>>15731344
We are about to get fucking wrecked! Looks like I wait to buy...

>>15731344
CAPSLOCKfag welcome back

>>15731344
except that's the halving is only 7 months away and in your pic it's much further away

>20k to 3k was just a minor correction
>8k to 2k is the REAL crash

>>15731388
>MUH HALVING

I warn a last time bulltard

>>15731391
>14,000$ to 1,800$
>"a minor correction"

>>15731401
cope, halving and SF ratio is everything for BTC.

>>15731359
kek when the CAPSLOCKFAG comes back and starts fudding, you know its time to buy. >>15731344
Oi fuckhead, remember when you told people we were going to 2k? look how well that turned out cunt

>>15731440
>MUH HALVING

MOMMYYYYYYYYY !!! BITCOIN IS CRASHING AGAIN DO SOMETHING GOD NOOOOOO

>>15731388
This is the correct answer. If anybody reading this doesn't know what the halving is or why it's important google it now. It's probably the most important price predictor for bitcoin.

>>15731440
what is the SF ratio?

>>15731344
by your logic, we already hit that back in 2018

This is bad news
And again like 17 I know I should sell but I will hold and get rekt one more time ....... I knew I should’ve sold @ 14k
I will never ducking learn

>>15731344
>biz is telling us to sell
this is unironically a buy signal. /biz/ wants you to lose money, most of biz is saying sell, therefore buy.

>inb4 a small brain misunderstands most of with one of

>>15731344
it's too early to be down there bro
we literally just completed the break of memetriangle and someway in the first part of the dump in the may/jul box, we might go back up for the halving and bleed out like last time

>>15731475
https://www.tradingview.com/chart/BTCUSD/3ioL0giC-Bear-market-is-far-from-being-over/

>>15731440
nigger use tradingview wtf you doin "charting" on CMC

>>15731491
he is a "bull"
now you know who you are talking with

>>15731474
stock flow ratio
it will reach extremely bullish levels around 2022
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

>>15731412

> pic related is u

OP is a faggot ...called 2k before and got rekt. Inore. BTC halvening approaching dont get shaken out.

>>15731491
not my chart, too lazy to draw one up right now

>>15731509
Thanks anon

>>15731523
>>15731519
>>15731516
kys
you lost many rupees today
i know why you are so angry

>>15731519
Ride it all the way to the bottom if you want, I'll just wait and buy the bottom thanks.

>>15731460
Halving is priced in since July due to tether manipulation since December 2018.

Without this manipulation, the forecast was BTC at $ 2000 today and a pump to $10k previous to halving

>>15731516
Didn't you guys threaten to murder a bunch of high school kids because an Indian beat his drum in one of their faces?

>>15731544
this is your average bear
doesn't understand basic supply/demand economics and SF ratio

these can't be priced in you fucking retard. go read a book on economics for once. you have no clue what BTC even is.

>>15731564
Says the fucking moron that leaves out one major key part and that's halving also halves block reward for miners making it less profitable. COPE harder!

>>15731544
well we got our pump a little early, now what?

>>15731577
>making it less profitable
which is why the price has to rise to the point where it is profitable and miners will begin to sell. not to mention by 2022, institutions will no longer be able to avoid investing in BTC due to the insane SF ratio.

>>15731594
Lol, ok

>>15731523
Why is it showing the value at above $8,000 in October of last year? No wonder you clowns lost money

>>15731564
People like you losing money believing that there is no manipulation and is only governed by fundamentals.

> Sincerely, 2015 investor

>>15731599
Look up “difficulty ribbon woobull”

>>15731344
CAPSLOCK FAGGOT
>pic related

>>15731543
I'm not falling for that again

>>15731599
Also you do realise bitcoin block reward halved in 2012 and 2016, right?

>>15731611
of course BTC is manipulated, i never said it wasn't. but it's becoming much less so over time, as the mcap grows and regulations begin to kick in. this is partly why we need institutions for the golden bullrun.
regardless these fundamentals is what the smart money manipulators/market makers actually look at in order to time their manipulation. stay dumb money though.

>>15731623
technically he's right, he called the only thing that would save the price and it's what ended up happening

>>15731344
>2014
>2 years way from the halvening

Fuck off bobo we are months from the halvening now , we are in late 2015.

The "you are here" , you are posting is basically march 2018.

>>15731577
That's the fucking idea brainlet.
>Less profitable
>Miners won't sell until new base price

>>15731545
Imagine being this retarded. Eat more propaganda

>>15731577

> rewards halved
> less profit per block
> more expensive to produce
> must sell at higher price or operation fails
> sells at higher price
> price rises

How is this difficult to understand?

>>15731594
>price has to rise
no bulltard, this is 2014 vs 2018
the buyers are nowhere to be seen, literally zero buy pressure to meet the bear trend compared to last time
it's ogre, everyone has left or playing with margin trading

THE 200MA IS BULLSHIT BECAUSE IF THE 200MA REALLY WAS SUPPORT THEN YOU WOULD HAVE SEEN AT LEAST SOME RETRACEMENT WHEN BITCOIN HIT THE 200MA BUT ALL COINS SEEM LIKE THEY TEND TO RIP RIGHT PAST IT SHOWING THAT 200MA IS COMPLETE BULLSHIT

>>15731728
But we are not in 2014 faggot we are in 2015 months away from the halvening and the chart is exactly as 2015.

As you can see here
>>15731440

>>15731728
but we are not in a bull market top kek. this is just expansion/re-accumulation. see >>15731523
you are just retarded. we are in the equivalent of late 2015, not 2014.

>>15731757
C O P E
O
P
E

>>15731719
Price to produce Bitcoin at the halving will be $10,000 there is no reason to pump more.

After the market manipulation in this summer, any slightly smart investor would buy in late 2020 and early 2021 to take profit in 2023.

>>15731412
Rat in that Greta brainlet should be a ((rat))

>>15731800
This drop is happening because miners are switching to 7nm asics ,so they are forced to sell since miners with newer asics mine the same but use less electricity.

After that however we are ready for liftoff , since 5nm and 3nm asics will only arrive in 2021.
Meaning we will have 2 years in which miners are not forced to sell anymore to upgrade asics and then they will be forced to sell for the last time , after that we go back to monero style game theory where the only cost is electricity and not electricity + hardware upgrades.

>>15731772
>part of the chart where it was at $380 the following february conveniently cut out of the graph
the TA stands, but what it's predicting isn't what you think

hmmmm

>>15731852
The ta does not stand the faggot is comparing early 2015 to late 2019.

The halvening was in june 2016 and as you can see that chart posted by op 13 months from the halvening(april 2015) the bottom has hit and price grew again.

13 months from the 2020 halvening was in april 2019 and look what happened.

Exactly the same , op is comparing things with the wrong timelapses and ironically the chart he is using to fud bitcoin is bullish as fuck as we saw the same as april 2015 in april 2019(exactly 13 months from the halvening too again kek)

>>15731892
Check 13 months before each halvening and compare it with our current situation , bitcoin is doing exactly what it always did.

In fact this time is more bullish than ever as we surpassed previous halvening targets very fast.

>>15731772
>>15731777
very delusional
bulls are dead

>>15731930
>He is comparing memelines without taking into account external factors or even the halvening that will leave bitcoin with lower inflation than fiat.

>>15731930
this thread is giving me real march-april vibes

>>15731894
I think it will still moon, we'll just drop down a bit more before that happens, as opposed to the person I was replying to who thinks we'll be at $16K tomorrow or some shit

>>15731939
halving is a meme, only memelines matter as you'll find out

>>15731979
It simply had to drop a little because miners are now buying 7nm asics , the game theory forces them to upgrade hardware.
That said i don't think it will drop much further if it does drop to 7k i am buying the fuck out of it.

The data from localbitcoins also show the supply is still decreasing in the market, this is all becasue bitfinex & tether faggot keep manipulating the crap, i would not worry tough , eventually tether will become so big and end up in the 2nd coin replacing ethereum, that's when the regulators will go for it just as they are going for libra causing an escape of capital into btc , ltc , monero and others.

>>15731994
Chart this memeline faggot

https://fred.stlouisfed.org/series/BOGMBASE

Can't wait for the ecb and the fed to restart quantitative easing.

>>15731812
I'm sorry, I think you meant (((rat)))

>>15732018
based professor bitcorn

>>15732131
$10 a share anon

>>15731509
Stock to flow only changes due to halving. It'll exceed golds SF in 2024. There's no difference between halving in 2020 and 2022, brainlet.

>>15732012
I'm convinced we'll see 6k, but I might buy 1 BTC at the current price just to insure myself

>>15732170
imagine graduating at Boston University

>>15732018
not enough data, hasn't completed a cycle yet

>>15732216
it has completed two cycles now and we are in 55% of the third one.

Compare 1 year before the 2019 , 2016 and 2012 halvenings it's the same chart.

Also the entire cryptospace inflation is going bellow fiat very soon bitcoin will be the first.

https://www.viewbase.com/inflation

>>15732209
To be fair it probably does not has anything to do with university , boomers are clueless since they had it all easy , they never had to innovate or look at new ideas , even things like the fucking space shuttle was prepared by the pre boomer generation.

People like Elon Musk (genX) are hated by boomers becasue they had it so easy that new concepts are seen as absurd to them.
So fucking musk reduces launch costs by 900% and they call him a scammer, they are clueless.

>>15731945
I member

>>15731344
That fractal is correct, tho I dont know about the timing.

Other people is calling the bottom by 2021, see my image

>>15732243
it doesn't do 70 years of slow uptrend and then do 3 cycles
it's literally doing it's first cycle
probably doing something like link did just before june

>>15732398
>Link

Bitcoin cycles are of 4 years this is undeniable and there are hundreds of charts about this like the trololo chart of 2014 that people tough was insane.

https://bitcointalk.org/index.php?topic=831547.msg9293359#msg9293359

>>15732416
btw i had theorized that the trololo chart did not account inflation and we would see an aceleration early this year and i was correct.
Also the trololo chart does not account for a post asic game theory that we will see around 2022 when the last asics are created due to moore law after that miners won't need to dump to upgrade hardware anymore increasing the stock to flow ratio even more.

>>15732416
not when the daily/weekly/monthly chart begin to get more and more data, more moving averages etc, and more people view that data and trade based on it
unironically zoom out

>>15732437
btw here's the same cycle from 2011, it's a little different because alot of the fractals are happening in single candles on hourlys but you should be able to make it out
it took 5.5 months for the bear phase to complete
and with that i go to bed

>>15732602
Correct and the bitcoin halvening was in november 2012.
Look what happened in price in august 2011 13 months before the halvening.

The same thing that happened in may 2015 and april 2019.