/biz/ - Business & Finance

>>15751926
exactly. what do you think about LINK?

>>15751926
That means we will continue slightly below 8k due to momentum. Homeostasis is a transient state.

>>15751926
is this chart saying btc will be worth 100k in 12 months?

>>15751983
personally i dont follow link that much, simply looking at the graph it looks like its completed its cycle for a while, however this is just a quick observation i have barely looked into it compared to BTC

>>15751997
With trumps comments about bitcoin you should seek help

Btc is not nuclear weapons fggt

USA has nukes

What maga says goes fggt

Trump will never allow btc moon remember fggt Iran and N.korea use this shit .......get your head out of your ass .......its going towards regulated.....chainlink

>>15751997
No, if you look at the last bull run it is a delayed effect, BTC follows the blue line that should reach 100k ~mid 2021, the purple represents where the halving takes place and reflects what its immediate price should be if there was no delay.

It's almost like crypto is completely made up nonsense and all you nerds are just throwing cash into a fire hoping a diamond will fall out.

But please tell me more...

>>15751926
Someone should investigate what is going to happen to the stock to flow ratio in the post asic era.

I mean we will see the last asics using 3nm chips arrive in 2021-2022 , what's going to happen when miners are no longer forced to sell to upgrade hardware?

I think the 2024 stock to flow level is actually less than it will be in real life since inflation will be even bellow what's expected if miners are no longer forced to sell to upgrade asics.

>>15752139
btw i think a good idea of investigating this would be to see how asic resistant coins price compare with asic coins with similar inflation but not a mathematicians so no idea how this comparation could be done.

op, if you had 40k to enter into eth and btc wwyd? please respond ive been debating for far too long ,, missed 3k because im a pussy and listened to muh 2k bobos

>>15752006
Dude with these skills you could walk into any venture capital firm and they’d suck your cock right there

>>15752016
>Trump will never allow btc moon remember fggt Iran and N.korea use this shit .......get your head out of your ass .......its going towards regulated.....chainlink
link fanboys, this is your kind, you should be embarrassed.
>>15752139
>what's going to happen when miners are no longer forced to sell to upgrade hardware?
I've thought about this too. This would be bearish or bullish for BTC? How would inflation be lower? because the blocks won't be accelerating at the same pace? Sorry for needing this explained more but I'm struggling to grasp it

https://www.theblockcrypto.com/linked/41154/venezuelas-central-bank-is-exploring-the-addition-of-bitcoin-and-ether-to-its-reserves

>>15752034
is that what you call getting rich? My portfolio is up big this year, thanks to BTC

>>15752241
>missed 3k because im a pussy and listened to muh 2k bobos
fuck, me too. They kept saying 2.5k so much, I thought after $5k didn't hold anything could happen. I should have known the december lows would be the bottom and spring was a retest. I bought most of mine in 2019 at $4k but it should have been $3.4k

>>15752291
If the money in your portfolio have never been liquid, other than the money you put in, than no that's not what I call getting rich.

I call it a bunch of made up numbers on a spread sheet that can can go to 0 in a matter of seconds.

>>15752247
haha, funny. as i said i dont follow chainlink

>>15752333
good job man. ive literally been sitting on a years salary of fiat, didnt buy this fake run to 13k i thought it was fishy af. im such a deluded bobo but at least i have a ton of link. i need to maximize my btc/eth now.. and i could use OP's advice. if that fucker will ever answer me. I NEED A (YOU)

>>15751926

>>15752362
Ethereum has a much higher supply, with a lot of people accumulating huge amounts for a really low price. Essentially ETH has a good chance of going up, but because so many people accumulating it I would suggest it will continuously get dumped by people when they reach their "making it" targets. That being said ethereum 2.0 could be a game changer for it with its staking so I would say put a majority into BTC now and the rest into eth and wait and see, but only put enough into eth that it wouldn't make that much of a difference to your BTC gains. ETH should be considered a side bet. Again though this is how I view it and you can do what you want with your money.

>>15751997
In 2 years. The price always lags behind the sudden StF jump after the halving. Look at what happened in previous bullruns. It could happen soon after the halving like in 2013, or it could happen a year or so after the halving like in 2017. One of the main deciding factors this time will be how soon this upcoming global recession manifests.

>>15752265
>This would be bearish or bullish for BTC? How would inflation be lower? because the blocks won't be accelerating at the same pace? Sorry for needing this explained more but I'm struggling to grasp it

Bullish as fuck , miners are forced to sell to upgrade hardware because asics using smalelr nm chipsets mine the same for less electricity so eventually asics end in the negative.

https://www.asicminervalue.com/

What will happen once the last asics arrive is that they no longer are forced to upgrade hardware so they won't be forced by the game theory to sell 70% of their production , even stronger than a halvening.

>>15751997
There is a lag probably 2021, depending on us elections , if moore law is reached before 2021 then we will moon to 500k no kidding.

>>15752419
thanks frendo, do you think i should try for the 7k range or is 8.1k more realistic??

>>15752578
I seriously just came.

>>15752579
in the grand scheme the price difference you suggest doesnt really matter compared to where its going in 2 years time, personally i would say that 7k is the 2k you fell for 6 months ago but i could be wrong. realistically why risk missing out again?

>>15752569
>won't be forced by the game theory to sell 70% of their production , even stronger than a halvening.
My god I hadn't considered this. Satoshi truely is/was a genius as his deflation model accounted for this.

>>15752634
your point is well received. thanks frendo. i have a good intuitive feeling about your take on these markets

>>15752006
From the peak of the last cycle it was $1.25 and went down to $0.20 at the bottom. An approximate 6 times decrease. Top of this cycle was $4.00 so bottom will be ~$0.60-$0.70.

How good is this TA

>>15752644
No problem, good luck.

>>15752634
>My god I hadn't considered this. Satoshi truely is/was a genius as his deflation model accounted for this.

Actually Satoshi did not consider this in his game theory , even back then he urged people not to mine with gpus because it would start a arms race to get the best mining hardware.

https://bitcointalk.org/index.php?topic=12.msg54#msg54

Basically bitcoin originally had monero game theory where miners where forced to sell to pay electricity , this is why early bitcoin grew so fast in price and why monero despite it's low usage has a high price.

The problem is that gpus and asics started a arms race that it's collectivelly remembered to this day(which is why gamers bitch about bitcoin and gpus).
When the arms race started the game theory of satoshi was broken because miners where now forced by the game theory to dump to pay electricity AND to upgrade hardware.

Asics made it worse because the hardware costed a lot and used a lot of electricity so miners dumped a shitton more than originally expected.
However bitcoin will return to it's original game theory once the last asic arrive since miners will once again only have electric cost since an asic in 2022 will be as powerful as an asic in 2030.

So it will have a strongest impact than a halvening since most miners cost go to upgrade hardware(once they end negative since other miners start to upgrade for more efficient hardware).

>>15752590
It's one of the biggest redpills of crypto the game theory will reverse to it's original one in 2021-2022 causing a second halvening effect.

>>15752670
But what if the shit they're doing with quantum computers today is like the vacuum tubes of the early computer days.

>>15752758
Quantum computers are the future and are a threat to CURRENT cryptocurrencies , it can be fixed but before fixing you need to know what they will be able to decrypt and it's hard to know what that willl be without them.

So cryptocurrencies will survive quantum computers , it's just not sure if current cryptos will.
That said you need a 2300 qubit quantum computer to break cryptos google has 72 and it will take at least 10-15 years until they reach the 2300.

There is a company called d-wave that has a quantum computer that has 2000+ qubit but it's another type of quantum computer that can never break into crypto for that you need an universal quantum computer like google or ibm are working both bellow 72quibt.

The quantum supremacy thing that reached the news was because google managed to do something with a quantum computer that would have taken centuries to do with a normal pc.

That does not mean it will break crypto security any time soon , doing random calculations as google is doing is one thing , breaking encryption is another whole thing.

That said the first crypto that prepares itself to become quantum ready will be the greatest investment in history.

>>15752806
but will we get quantum vr porn?

>>15752139
Miners will still compete for dominance. I wouldn't bet on them getting their new ASIC miners and sitting back. They'll spend money researching ways to outperform each other, and for that they'll have to sell coins to finance it

>>15752634
>realistically why risk missing out again?
Not him but if it goes to 6k I can get a whole extra BTC with my fiat. 4 versus 3. That could make a huge difference in 5 years time

>>15752862
Or it could jump back to 10k and you'd get 2.4 versus 3.

>>15752862
That's a fair point, but what if it moons instead of dips to the point that you've lost a BTC worth of purchasing power? The solution could be to DCA now if you think it may go lower and then go all in if you think its going to Moon but doing that is hard to estimate in the short term.

>>15752828
>They'll spend money researching ways to outperform each other, and for that they'll have to sell coins to finance it

Only way to outperform each others will be lower electric cost which means mining will move to residential electric costs wich are cheaper.

>>15752907
why not scale in rather than commit 100% of your investment to either scenario?

>>15752907
That's my solution :)

I have a DCA spreadsheet that I add my buys to each week, and it recalculates the price I have to go all-in at to ensure I get at least 3.25btc (but I can probably make that 4 now because I sold before the dip and bought back lower). It also calculates the price I have to sell everything at to escape with 30k if the market truly crashes.

I'm following masterluc's chart which suggests we test 6k before end of year. It doesn't say if we slow bleed or dip there and bounce right back up, however, so I've got all my DCA money set up as buy orders right down to 6k in case I'm at work and I miss it.

Best case scenario I come out with 5btc, worst case 3.25. I hope bobo gives me a happy Christmas. Best of luck to you too fren

>>15752927
Buy Icelandic real estate. Dead serious.

>>15752907
By the way, it took you one post to come up with the same solution that it took me a whole weekend locked away in an Airbnb to think of haha. Good job my man

>>15752983
Why Kek?

Hide boomer posts.
Do not respond to boomer posts.

https://coinmarketcap.com/currencies/quantum-resistant-ledger/

this could be a gem frens? any thoughts?

>>15752670
>an asic in 2022 will be as powerful as an asic in 2030
Wait what? I understand diminished returns but where is this 2022 estimate coming from?

>>15753011
They have geothermal power. Basically steam from the ground. It is literally the cheapest electricity you can buy.

There is also already an ass ton of miners set up there.

>>15752806
SHA-256 is 256 bits, so you only need a 256 qubit quantum computer to break it (or 200 bits and a few months) but it will take 5 years before we get to that number probably. Quantum computers are much more difficult to create than traditional computers because there is a huge amount of randomness and complexity involved.

>>15752569
There’s something to this. I just haven’t figured it out in my head yet. I’m trying to understand.

Sub 1k eoy

Am I simplifying the quantum computer vs crypto question too much with if I think of it like "how will our armour of today cope with the guns of the future"?

>>15752758
Encryption is always miles ahead of decryption as you have to have something to decrypt in the first place

>>15753154
https://elitemininginc.com/2019/06/quantum-computing-and-cryptography

https://decrypt.co/9642/what-google-quantum-computer-means-for-bitcoin

https://medium.com/the-quantum-resistant-ledger/no-ibms-quantum-computer-won-t-break-bitcoin-but-we-should-be-prepared-for-one-that-can-cc3e178ebff0

Sha256 is not the problem , the problem is the wallets ecdsa

>>15753143
mmm makes sense also they don't need to cool anything.

>>15753092
It's about the moore law in computing , after 3nm computers will stop getting better unless they are bigger.

But in the case of bitcoin it's irrelevant since bigger chipset is the same as more asics.

>>15753165
The game theory will reverse again , i am 100% that more than 50% of the miner industry cost is upgrading hardware , which they won't need to do after 3nm asics.

hell with bitmain selling 7nm asics now they may not need to upgrade until 2022.

>>15753227
This is relevant. Some of my notes on topics discussed in this thread.

SHA-256, RIPEMD-160, AND Elliptical Curve encryption would need to be cracked in order for bitcoin to be compromised. Unless the entire field of cryptography is rendered useless overnight, this is such an unlikely scenario. If you store your coins in an address without any transactions, your ECC public key is never revealed to the network, so even if there is an ECC vulnerability bitcoin can still be stored safely in these addresses. If there is a SHA256, or RIPEMD vulnerability, your addresses are still very secure.

Even if you could reverse engineer the function for generating a bitcoin address (minus some details):
SHA256(SHA256(RIPEMD160(SHA256(ECC_PUBKEY))))

You would still only have the ECC public key. So if anyone can figure out a way to reverse engineer all of that, then shit.

a cryptographically secure piece of software that was released anonymously* by a likely genius who managed to deploy a piece of software without any bugs on a specifically chosen date (after the bailouts) using technology partially developed by NSA and employing economic and mathematical theories that span decades of research by some of the most brilliant minds including research done by the KGB (DYOR, look up Kolmogorov) that solves all of the problems that began with the end of Bretton Woods in a world increasingly moving towards automation, AI, and hyperinflation

https://twitter.com/jsmith_crypto/status/1082101810456920065?s=21

There is a very strong case that quantum computers will never exist. The problem is creating error correcting logical qubits. It is possible this will require energy exponential to the number of logical qubits, providing no benefits whatsoever over classical computation. My belief is that the fate of quantum computing is the fate of fusion energy, relying on perpetual hope fumes for generations of failed academics.

>>15752034
how are you physical rocks doing?
fucking boomers...

>>15752335
BTC bought my vegas property, imagine how stupid you sound to me.
>>15752419
what sound responsible advice from a biz poster, love it
>>15752569
thanks for explaining

>>15753258
Good info on twitter , btw the big problem are the wallets not the sha256.

That said the biggest problem of quantum cryptography i think is that we will need bigger blocks and it will still left us with the current level of tx per second.

No idea tough.

That said somewhere in 2020-2025 some coin will be created preventively to be quantum resistant no idea who , hell maybe a team like bch or monero that are constalty hard forking will implement such a thing.

It's clear that whatever coin does first will be seen as a emergency lifeboat.

>>15752988
The fuck is DCA

>>15753296
Well damn I guess that's that. I mean if you say it's true it must be. Gosh I've been put in my place.

BTW I'm the king of the moon and own a secret crypto you humans don't know about and I'm a quadrillionaire.

Imagine how much of a nothing you sound like to me.

>>15753304
A project/coin called QRL claims to be quantum resistant. I own some so u can call me a shill I guess, but, I own it bc of all the stuff you said earlier. Seems like a smart gamble, maybe.

>>15753401
If a girl says she’s not a slut does her pussy still qweeef

>>15753304
You’re right. Every 8-10 years there’s a massive investment opportunity of a lifetime and it very may well be that coin

>>15752016
Good lord

>>15753420
Kek

>>15753367
Dollar cost averaging, google it

>>15753415
There is no fucking ice cream in your fucking future.

>>15753401
Nice info , it's a erc token tough or i am reading wrong?

>>15753401
Well shit they mined almost 66% of the coins if i am viewing correct.
What's the problem with programmers being economically retarded.

We need a quantum resistant coin with a very low emission like reaching 2% inflation levels in 12 years not this crap otherwise adoption is imposible.

>>15753593
No they migrated and became an independent chain mid last year. They have a discord with a LOT of info in it, i dont know if I am allowed to post that though. Not trying to shill but, I think their usecase is VERY unique and I haven't seen any other chain really go in depth like they have. And they don't shill EVER so that just makes me think their even more legit. IDK tho, that quantum stuff is way WAY above my pay-grade though. Their FAQ: https://faqq.info/

>>15753693
Yes they are cleared redpilled , but clearly economically illiterate , the fact that 66% of the coins are already mined shows they will fail due to the concentration of wealth.

We need a quantum resistant coin , with the emission of litecoin , no premine at all , but early mining done centralized to "bribe" , small exchanges into adopting it.

>>15751926
Crypto-currencies are essentially useless and can't be picked up by major financial centers.

The currencies are rigged with fraud and skirt around so many regulations. You can't undo a transaction, too much anonymous users (which means illegal money is being transferred ripe for fraud). Waste is extremely high because it by no means is an efficient in computing nor in energy. There are other software structures in place to already do what Bitcoin does. Everything bitcoin does a major bank can already do without the shady work and sketchy transaction being involved. Bitcoin is known as a fraud currency used to keep illegal transactions of goods, anonymous. Most currency that is being used and exchanged everyday is already digitized, there isn't a need for crypto...

Bitcoin is the ultimate Silicon Valley fuck up, its worth million or billions despite essentially being nearly worthless in itself. No physical entities that you can have in your hand and say "this is mine", a money that requires money to exist making it become worthless the longer you hold onto it. A money that can not be proved if its yours the moment you lose computer or the internet goes out... A money that other people can just say I don't want, and since many people to not want or use Bitcoin its worthless, its not backed by any major government to make them trade, Bitcoin can be denied. Bitcoin is pretty much a fairy-tale they people tell themselves while ignoring the regulations and realities of government and money transactions that happen around the world everyday. Bitcoin has hurt more people than what everyone realized. Those that have invested in it seem to have a job to promote it in order to artificially drive up its growth all while attempting to cash out for themselves much like a pyramid scheme. Cashing out in real world money like USD, EURO, etc. Until Crypto-currencies themselves can solve the above problems its not good for anyone.

>>15752139
Hi time traveller. Buying bitcoin again?

>>15753657
Not sure how the math works out on all that (I'm lazy desu) but their version of a sat is a shor and is 10^-9 one "quanta"(name of one full coin). I believe BTC is 10^-8 (one sat). Not sure how much was pre-mined, or if they are even POS yet (I think they plan to). Like I said I am super lazy LOL, it's really just a gamble for me but u guys are smart so i figured I'd put it out on here.

>>15751926
Knowing we have to get to the true bottom is not FUD for Christ sake. Stop trying to help bulls lose their money for once OP and be fucking honest.

>>15753727
Except regulation is coming. The FX market was originally unregulated, the biggest exchanges who skirted regulation were shut down and new ones that followed regulations took their place. Why can't the exact same thing happen with crypto?

>>15753727
well shit this dude gets it

>>15753728
Yes

>>/biz/thread/S430845#p431216

>>15751926
STFU and let us accumulate in peace.

We had to cross below the 200ma anyways. Look at 2015, we did the exact same thing. Buy now faggots.

>>15753766
I nerd hopium, so please tell me when moneros price will rise to 1k?

>>15753818
Need*

>>15753746
lol ironic you posted that right after this >>15753727

Even if you're a short-term bear who thinks it will dip further, you agree that it will go back up and reach a new ATH on a larger multiyear timescale, yes? Therefore buying now for the long term is a sound investment decision for anyone who isn't a short-term swing trader.

>>15752634
Is xrp kill?

OP larping. BTC will dump after halving to around $5k.

Then a new uptrend will start.

>>15753891
See
>>15753121

>>15753818
2021 briefly and then finally in 2023 , litecoin , bch and btc will moon stronger because reaching the moore law will make their inflation collapse in a synchronized way unexpectedly.

Monero will have a lower inflation tough but won't matter much until late in the game.

>>15753906
The next bottom its not at 13k.

Price at the halving will be around 10-13k max (cost to produce BTC should stay around 10k).

>>15753727
Get a load of this cuck

>>15753914
Ugh that was good. Thank you mr. Time traveller.
Do you have any info how much monero I need to enter one of those citadels?

>>15754168
>Do you have any info how much monero I need to enter one of those citadels?

An uknown ammount

>>15754217

>>15751926
What’s that you say? too busy roasting

>>15752335
the stock market is a bunch of made up numbers on a spread sheet that can can go to 0 in a matter of seconds too. this is a board for business and finance and you’re too retarded to post here. fuck off.

>multi-year descending triangle forrming
>bullish

>>15752241

Now is a great time. Look up the stock-to-flow model post on medium, OP's pic related. Getting in under 10k at this point is excellent. Do it or commit seppuku in a year.

>>15752578
seek medical help

>>15753727

imagine being this new

just so you understand, we were all you once. something happened. what do you think it was? read more about bitcoin and you might find out. some of the best clues are found reading about gold. why is it valuable? hope the film falls from your eyes soon, time is running out. look up the halving and stock-to-flow model too.

Another example of MARSLANDER being absolutely correct.
Imagine not listening to him.

You say hard fork I say moon.

Hardfok
MOON.

Hwrdfork
MOON
HARDFORK
MOON!

https://www.binance.com/en/support/articles/360034205212

>>15755217
Sceencap if you have doubts , bitcoin did 115x in the weakest halvening this will happen when qe is restarted.

>>15753258
>by a likely genius who managed to deploy a piece of software without any bugs

Dude.... do you know anything about history of btc development?

>>15752247
/thread

OP is literally genius

>>15753727
Bitcoins scarcity is more secure than fiat.

Its algorithms and data structures are fully transparent to everyone, except for private keys of course.

>>15751926

Absolute degenerate. Appeal to a fucking abstract model instead of what market participants (the algos) are doing and why (assumptions made by bot programmers).

Fucking imbecile degenerates.

Also, Greta bullshit will kill mining shortly. It is already a waste.

kys

>>15753727

This is a bullshit babbling of a liberal arts college dropout.

Bitcoin was a nice model and implementation, turned out into a scam.

all the binance (or any other exchange) transactions are out of ledger, which ruins everything in the model, and renders the whole thing just as an unregulated and uncontrollable speculative digital asset.

just this. now it is a digital CDOs, not digital currency.

when does it stop going up

>>15752034
fractals are a tangent part of reality, moron
cryptographic proofs are fractals, as real as AU atoms

>>15753258
Way more likely it was a team that developed btc

>>15755931

fucking delusional uneducated faggot

>>15751926
>the run to 14 was an over correction from the drop to 3k
it was just alts and ico money exiting alt into bitcoin. now they cash out their bitcoin

>>15755829
never

t.economist

what's the cost of mining now?

>>15753766
>>/biz/thread/S430845#p434764
>I've spent $81,000 buying bitcoins in the last four months.
Holy shit he bought in August 2014 around 500-600 just before the drop to 150... He was down 76%
Imagine how he felt at the bottom....

>>15753891
Not very plausible, that's going to be much beneath the mining costs. If that happened, miners would've already backed out of their investments because they're not stupid.

>>15751983
It’s garbage. BTC is going to a million, why do you faggots care so much about a literal shitcoin? Risk your future retirement investing in a fat retard. It’s unbeliavable.

>>15752806
What stops an existing crypto from simply shifting their cryptography to something QC-resistant?

>>15753268
This is the ”last 10%” problem which is hugely important for prediction. 90% of the work to create a viable QC is relatively easy and we see a clear ramp to it now. The problem is that the last 10% will require innovations we don’t have a ramp for and that portion is critical for it to have any real utility. You can see this with self-driving cars today - they are many years away from real utility because the last 10% is exponentially more difficult than the first 90%.

>>15753766
>log-regression works to describe past exponential growth
>this exponential growth must continue

The first is obvious, the 2nd does not follow. Fucking useless shit as always.

>>15753693
There white paper is a bunch of maybes

Never been tested

>>15756956
Of course. But it is logical to predict that such growth will continue at least until BTC reaches the level of gold at around $7-8 trillion (50x from today). You have to realize that the current market cap of $145b is fucking minuscule, Fed shits out that much in a few days as we've seen with the repo market crisis going on

>>15757024
This, crypto is still tiny and we are early

>>15758111
Look at how fucking user-unfriendly everything in the crypto space is. Still several years away from the point when your grandmother uses crypto without even knowing or caring, the same way she uses Facebook today without knowing or caring about the vast multitude of technologies powering it

>>15753727
Netflix gives you on-demand access to non-tangible movies you don't own
Spotify lets you build a library of non-tangible music you don't own
modern editions of Microsoft Office and Photoshop are non-tangible software you have to basically rent
Non-tangible shit that gives you the illusion of ownership is the dark clown world future ahead of us, and in this world of clowns the jester that is Bitcoin reigns king

>>15753766
d-did you post that in 2014, anon?

>past performance doesn't guarantee future returns.

>>15751926
2013 someone manipulated the btc price what lead to the massive moon

2017 the wannacry virus that affected computers globally including large companies and governments demanded people paid in btc to have their data unlocked, caused the 2017 moon

technical analysis is mental illness, unless there's another bitcoin happening, there won't be another moon. to justify that pattern you would have to assume enough people are schizo enough to buy into that pattern and cause a moon or imply that the 2013 and 2017 happenings were planned by some powerful entity like a 3 letter agency or powerful government etc.
Take your meds.

>>15751926
shove the logarithmic charts up your cryptofag rectum, you fucking faggot

>>15752016
This is the only thing I've ever read that makes me want to sell my link

Thanks just went 100x long

>>15753727
>used to keep illegal transactions of goods
just like fiat

>>15759275
Why do you dislike log charts?

>>15759069
... you don't have to buy an entire bitcoin. To the moon by 2021. I'm guessing at least 170,000 USD = 1 BTC

>>15759913

>>15759267
people think this shit?
I don't want to be mean but holy fuck you sound nuts.
There will always be more buying of BTC. BTC has die hard believers, some DCA for years and then repeat the next cycle. This is my generations gold but more transparent and a self contained 24/7 digital network.
>Invest in stock, company dilutes shares on me
>bank freezes account by mistake, same name as another individual, takes almost a week to fix
>Bonds pay 2%, savings accounts even less
>housing market crash made worse by gambling on mortgage derivatives
>banks start QE as I'm becoming an adult and looking to buy assets at a low price
Some of us were starved for something like bitcoin.
but but but BTC has no use case. Not for bond holders who are happy with 2%. I'm trying to make my fucking money

>>15759275
yeah, fuck math

>>15752652
dogshit

>>15760141
>arbitrary patterns will let me predict prices
take your meds

>>15752034
It's the 21st century you fucking dinosaur and you are betting on rocks like a literal grug.

>>15752956
You are going to make it

>>15759275
The absolute state of this board

>>15760978
they're not arbitrary, they're literally telling you the story of buying and selling, you then use that to project into the future. It isn't perfect but it's better than gambling with your gut.
You have volume, time frames, price at opening/closing, orders, aggregation of time periods, etc. They're only indicators of the past market behavior.

What do you guys think TA is? Magic? They're only guides and you should read and consider many different models when investing.

You clearly won't do research though, so just stay poor.

Are you guys surprised that you can learn market patterns of you spend years studying and practicing in the market? Or do you not believe patterns repeat?

>>15751926
nice chart, looks pretty damn obvious

>>15758787
Old ass websites from the 90s... how did you guys even function as human beings

>>15762702
I don't know about the 90's but the early 2000's were pretty rough. dial up and AOL, sometimes you'd walk away from the computer while your page loaded because you knew it would be a while and you could do something else really fast

>>15751926
You could be right.
The run up to 13k felt too irrational. But I wouldn't be surprised if 7k is the new floor, or if we
The run to 13k was a few things imo. The end of the bear market with the massive 1k spike to put us over 4k, then the Litecoin halving, chainlink mainnet and Bakkt coming into the market. All these events allowed the bitcoin price to be priced way higher, as well as altcoins being sold into bitcoin etc
But after such an epic run, to dust off weak hands we might drop down to 5k for a while. Because if we can overshoot the stock flow rario, there's nothing suggesting we can fly under it too etc
What does Willy Woos NVT signal say atm? Haven't checked that out in a while.

>>15762702
You little shit. Those were the greatest days of our lives.....
I'd go back in a heartbeat. I wouldn't change anything I'd have done either. It was just so much better back then....

>>15762955
>altcoins being sold into bitcoin
this has been gaining steam as time goes by

>>15763122
>It was just so much better back then....
this is what everyone thinks, it wasn't. People always look at the past through rose colored lenses.

can anyone to TA on dogecoin?

Wait a second. You guys actually think bitcoin will go to 100k? AHAHAHAHAHAHAHAHAHAHA

>>15762919
The fuck are you talking about I had dial-up and it was never THAT slow

>>15763122
stickdeath is still pretty cool

https://www.youtube.com/watch?v=KOwLu323AGU

>>15763221
Look at the dominance chart. Just kept on going up as the bull run continued. Pretty sure the litecoin halving provided some liquidity for that.

>>15763265
No. It'll go to million

>>15752670
How do we know asics won't become more effective? What stops that from occurring?

>>15762955
>Because if we can overshoot the stock flow rario, there's nothing suggesting we can fly under it too
But overshooting the SF ratio has an explanation based on Willy Woo's difficulty ribbon analysis: once halving hits, miners capitulate and stop mining, leaving only strong hand miners, who can hold while waiting for price discovery post-halving, causing a supply shock.

What would cause a breakdown of the SF ratio then? This would require a supply shock in the opposite direction, and I just can't see where the sellers would come from. The crash to 3k was from sellers taking sides on the BSV fiasco (most likely miners/Calvin selling), but I think that sell pressure from similar scenarios is all tapped out (I think Calvin had to use huge amounts of his reserves just to pull that off).

So outside another civil war done by miners who have enough reserves they are willing to sell well below fair market price, I don't see any reason supply-wise why it would fly under the SF ratio.

Only other possible reasons would be a black swan killing the ever increasing demand (quantum computing rumors are trying this but they are easily debunked for now) or that the SF ratio theory is flawed and incorrect (which I refuse to believe, this would imply everything's just a coincidence and there is no price floor).

>>15752670
>>15763332
I actually think buying the Moore's law limit is bearish.
If you follow Willy Woo's difficulty ribbon theory, he says halvings cause weak hand miners (those who have to continuously sell for electricity) to capitulate, leaving only strong hand miners, who probably have nearly free electricity, and thus can afford to hold while waiting for price discovery, causing a supply shock, hence creating the boom-bust cycles we all know and love, since it always increases the base price by a magnitude of 10.

But if the weak hand miners no longer have to upgrade, they might not be priced out enough to capitulate and leave only strong miners. This also means more weak hands can join the mining fray (more people with non-free electricity, who have to continuously sell).

This might make for easier boom-bust cycles, lessening the price magnitude it goes up each cycle (but then again, the S curve prediction is exactly this).

>>15763265
probably ends up much higher than that
>>15763290
what computer model and year? compaq presarios from the year 2000-02 would make you a liar
>>15763295
yep, some of us can read charts
>>15763332
moore's law
>>15763359
>The crash to 3k was from sellers taking sides on the BSV fiasco (most likely miners/Calvin selling), but I think that sell pressure from similar scenarios is all tapped out (I think Calvin had to use huge amounts of his reserves just to pull that off).
not everyone recognizes this

>>15752670
>>15763332
I actually think hitting the Moore's law limit is bearish.
If you follow Willy Woo's difficulty ribbon theory, he says halvings cause weak hand miners (those who have to continuously sell for electricity) to capitulate, leaving only strong hand miners, who probably have nearly free electricity, and thus can afford to hold while waiting for price discovery, causing a supply shock, hence creating the boom-bust cycles we all know and love, since it always increases the base price by a magnitude of 10.

But if the weak hand miners no longer have to upgrade, they might not be priced out enough to capitulate and leave only strong miners. This also means more weak hands can join the mining fray (more people with non-free electricity, who have to continuously sell).

This might make for easier boom-bust cycles, lessening the price magnitude it goes up each cycle (but then again, the S curve prediction is exactly this).

>>15763468
>buying the Moore's law limit
That supposed to be "hitting" not buying

>>15752670
>>15763332
I actually think hitting the Moore's law limit is bearish.
If you follow Willy Woo's difficulty ribbon theory, he says halvings cause weak hand miners (those who have to continuously sell for electricity) to capitulate, leaving only strong hand miners, who probably have nearly free electricity, and thus can afford to hold while waiting for price discovery, causing a supply shock, hence creating the boom-bust cycles we all know and love, since it always increases the base price by a magnitude of 10.

But if the weak hand miners no longer have to upgrade, they might not be priced out enough to capitulate and leave only strong miners. This also means more weak hands can join the mining fray (more people with non-free electricity, who have to continuously sell).

This might make for easier boom-bust cycles, lessening the price magnitude it goes up each cycle (but then again, the S curve prediction is exactly this).

>>15763503
>easier boom-bust cycles
I meant WEAKER, weaker boom-bust cycles.

>>15763503
>they might not be priced out enough to capitulate and leave only strong miners.
what if it allows more miners to enter the space?
Would that be bullish or bearish for price?

>>15763503
miner/selling game theory is not talked about a lot and I've had a few questions as to whether asic miners will be bullish in the future. Honstly have no idea, I see the arguments on both side holding true

>>15763719
>what if it allows more amateur miners to enter the space?
sorry, corrected

>>15763503
>leaving only strong hand miners, who probably have nearly free electricity, and thus can afford to hold while waiting for price discovery, causing a supply shock, hence creating the boom-bust cycles we all know and love, since it always increases the base price by a magnitude of 10.

The theory is correct for price speculation but from a game theory point of view it will also increase the stock to flow ratio because miners not capitulation means they will also have the chance of speculating even the poorer miners.

Not only that it will allow hobbyist to mine since asics will last forever, hell you could replace your house heating with an asic.

>>15763751
Well it will if asics will last decades.

>>15752247
Lmao