/biz/ - Business & Finance

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>>16329527
God I hope so, biz can finally go back to gem hunting once all the Redditors go bankrupt on LINK

>>16329568

>>16329666
checked
-$3000 soon

2000$ by mid 2020 and another bullrun around 2021.

>>16329527
That's what I get for not waiting until the halving. At least I only put in 50% of what I have instead of being a crazy gambler and going all in

>>16329579

>>16329666
>666
fuck

>>16329666
seems legit, bull trap almost below bear trap

>>16329527
this lil nigga gets it

>>16329666

>but crypto doesn't behave like your typical investment

>>16329762
> 3k higher
> almost below bear trap
ok dude

>>16329666
ahh shit

>>16329666
Checked and chartpilled

>>16329527
I see a bullish chart

>>16329666
this

enhance

>>16329666

>>16329750
its funny i set a buy order for 2 btc at 6666usd, the bottom is 6500 desu

>>16329666
good luck bobo.

>>16329666

>>16329527
If that happens I will buy 50k linkies

>>16329527
I've got about £3000 in cash on the side. If we go to 2017 LINK values again I'm gonna pick up a boat load.

>LINK Goes up
>you get wealthy
>LINK Goes down
>you get more LINK

With Link, you just win.

>>16330285
gay

>>16329527
please sirs by my alts

>>16330285
Implying we can only go above your gay rainbow and not below. KYS

>>16329666
CHECKED

Moonbabies on suicide watch

>>16329527
only a retard doesnt go long now

>>16330782
>he thinks that was the dump

>>16330285
That rainbow is about to get fucked.
Admit it: the top of a near 10 year bull market was in 2017.

>>16329568
Doing this literally makes it look more likely to do that. lol

It looks like a giant spike down like early 2018

>>16329666
>233% increase is a bull trap
thanks for the laugh

>>16329527
Late stage capitalism advanced so far that so many computer literate beta virgins vegetating alone in their rooms bought in 2017 with dads allowance or savings. The thing tough is that their skills are really not that outstanding. The barrier getting into crypto was really low thanks to intuitive exchange websites, that were not really harder to manage than your Facebook or Gmail account. The 20k->3k selloff made this whole thing wayy to easy, as every low IQ retard now saw a chart of bitcoins price history with its sequential mini bubbles that ended up with a higher price afterwards. Now whales painted this 2019 bullrun from 3k to 13k to dump it all down again to break their spirit and will for good.

>>16330975
> 233% bounce in a 1 000 000 000% bubble

>>16330265
there is no bottom

>>16329527
Why didn't it happen sooner you faggot? You can draw lines any way you like, doesn't make them true

>>16331006
Normie adoption rate continues to rise though. Almost any normie bank and even fintech unicorns Revolut, N26 etc.. allow you to purchase BTC/Crypto

>>16331069
This.

>>16329568
Kek.

>>16331100

Name one normie bank that allows direct crypto purchases.

>>16331100
>checked
It’s a shakeout before the boom.

>>16329666
I'm too ignorant to dispute this except to ask about the placement of the "institutional investors" segment. To my understanding, institutional investors are on the horizon, not back in 2012-15

>>16330655
coom in loo?

>>16331160
Deutsche Bank, Simple Bank, The National Bank of Canada, Barclays

>>16329666
>85% decline over a 1 year time period is not fear, capitulation and despair
Btc perma bulls at least have a trackrecord of winning. The rise from 3k to 15k really fucked a lot of bobo's up. Literally displaying behaviour inversely correlated to the euphoria chart.
>We just needed a relief pump to blow of some steam
>The dump will continue aa soon after the bulls lose momentum and weak bears are shaken out!
>I have to add to my margin

>>16331305
I say it once
I'll say it twice
Crypto
aren't
stocks
Rules for legacy investments do not apply

>>16331279

So you can purchase crypto directly through your bank account at these banks? Or do they have small investments in blockchain start ups. Big difference

>>16331232
They were already in bro. You got lied to so you'd keep buying their bags hoping to sell to them.
>muh institutions aren't going to buy this high it needs to go lower first
And there you are, a bagholder now. Waiting for institutions to get into that magical low price so the golden bull can finally start. You even bought the dip another time, you know? For old times sake.

>>16331339
>institutions were in since the beginning
>tether ponzi caused the 2017 bullrun

which one is it permabear? can't have both

>>16331339

Imagine pension funds explaining to their clients why they added bitcoin to their balance sheet. Just the thought of it sounds hilarious. Institutional money will NEVER come.

>>16331305
>Btc perma bulls at least have a track record of winning.
yeah that's the best bait you can have to bring suckers in to buy your bags

>>16331330
>So you can purchase crypto directly through your bank account at these banks?
It depends on how well developed their online banking is, some allow direct, in app purchase i.e. Revolut allows BTC, ETH; BCH, LTC etc.. directly through the mobile app. It's one of the biggest growing banks in europe.

In others you have to call your bank represantative and tell them to open a crypto portfolio or add crypto to your portfolio i.e. Deutsche Bank

>>16331375
Clients don't care about what you're doing with the money, they care only about results. Even intelligent people don't care, so long as there are results, best example for this is the bernie madoff ponzi scheme

You lil kiddos need to get out of these chink scams and get into the chad stock market where there are real companies with real cash flows

>>16331412

They actually do care, what do you think the purpose is of a balance sheet/income and cash flow statement.

>>16331375
As if retail pleb portfolio's will ever see the start of a bubble. It's all billionaires and hundred million dollar clients. Trillionaire funds. Stuff the average joe doesn't even know exists.

>>16331437

Do you have proof these trillion dollar funds you speak of have bought a single bitcoin?

>>16331435
Name 1 wageslave that actually looks at it
I dare you

>>16331318

See
>>16329666

>>16329527
>$16k by 10/31
>charts never lie
Cryptofags are insufferable

>>16331464

Wageslaves don’t meet with pension funds.

>>16331456
What you think they did? Buy it trough their funds? No man. They all did it privately, individually. You don't think they realize and understand how outside of the law this ecosystem is? What do you think they've been doing all this time? They've been pump and dumping that shit with their own money, evading the long arm of the government because this asset gives them the ability to. They can even lie and say they haven't got a clue about it. Make retail feel all special, making them think they got in earlier. They're PnD'ng the shit out of your money.

https://www.youtube.com/watch?v=QYRIcD-LRKI
You really think these fags have been quiet about it in their circles? They shill the shit out of it. You're an outsider to them. You're the little fish they prey on together.

>>16331497

Again, do you have proof of this? Or are you just hoping they bought privately.

>>16331475
Almost every non-minimum wage wageslave has a pension fund

>>16331100
>>16331160
>>16331200
2017 was really the tipping point imo. nowadays everything seems priced in. so many faggots wanting to get multi millonaires of 1500$ 'investments' by pressing buttons on chink casinos . not contributing ANYTHING to this space.

the 2014 bubble was something else. there were no crypto ad newssites, no cryptotwitter or youtube in that sense. subreddits were actual bearable in some occassions. you had to go through to obscure forums to connect with others or get other kind of information. Ledger wallets or trezors werent a thing. U had to do proper key management if you didnt want to get hacked. exchanges were proper shit and buggy as hell and the possiblity of exitscam was omnipresent. if you wanted to actually secure your altcoin funds you had to manage several dev wallets at once that were buggy as hell, and with little to none volunteer dev support. sometimes you had to run them in VMs or do little programming, debugging yourself in order to use

You're fukcing naive if you believe you got in before institional jokers. They WANT you to think you beat them. You're fucking naive if you don't believe FINANCE IS A CLUB FOR BOYS. YOU ARE AN OUTSIDER. YOU GOT FUCKED

>>16331510

They don’t have CONTROL over pension funds, what I’m saying is pension fund managers will have to explain to their company clients why they decided they bought a highly speculative asset with no intrinsic value. Which they obviously would NEVER do.

>>16331505
Watch the video you fucking nigger. YOU ARE DELUSIONAL AND IN DENIAL

>>16331542

I’m not dependent on a pipe dream for a succesful life so I would say I am not in denial.

>>16331539
>pension fund managers will have to explain to their company clients why they decided they bought a highly speculative asset with no intrinsic value
Your average normie fund manager won't do it, but your corrupt, number fudger will 100% do it without remorse. He looks at the charts and sees a permabull asset (long run) and makes his side millions. Sounds nutty to you? Fund managers have done way more fucked up shit than this

>>16331584

Hedge funds yes, pension funds no.

>>16329666
this is it
see you at $-15k boys

>>16330285
rainbows are arched, m8

>>16331584
^Someone that isnt a bluepilled little faggot like the rest of this board.
>>16331599
You're naive. Seriously naive. Its scary how naive you are.

>>16329666
checked and satan pilled

>>16330285

errr that chart shows the lows steadily approaching the bottom band over time so this implies the gay rainbow has AIDS and doesn't curve downwards enough, it's far too optimistic.

>>16329666
We’re fucking finished, holy shit.

>>16329666
I dont feel so good...

>>16329696
2023. We need more time to get new normies into our ponzi

>>16329666
you've made the wall