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/biz/ - Business & Finance


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File: 152 KB, 1751x651, btcstf.jpg [View same] [iqdb] [saucenao] [google]
18324232 No.18324232 [Reply] [Original]

Now bears, you're probably wondering where the correction is? After all this pumpage, why hasn't it gone back down yet? Well I'll tell you. Essentially what was happening is the push down to 3k was heavily manipulated. According to pic related ~8.7k is bitcoins current fair price and since the push up to 20k it has been oscillating around that point where each peak and trough would get smaller until if there was no halving bitcoin would be fairly stable at around 8.7k. The push down to 3k should be best thought of as like a spring being pushed down and now its being let go. Right before the halving no less. So bears I wish you could luck and I will see you at the end of 2021.

>> No.18324262

>>18324232
It’s literally dumping right now

>> No.18324278
File: 506 KB, 1380x896, Screenshot_20200330-122254_Firefox.jpg [View same] [iqdb] [saucenao] [google]
18324278

>>18324232
Great depression coming. Thinks people will buy crypto instead of food. Kek.

>> No.18324309

People always start posting stupid bullish outlooks at the top of a rally

>> No.18324326

>>18324262
you sure?
>>18324278
>muh great depression kid that nearly 100 years ago now

>> No.18324334

ethereum is pumping harder than btc right now

>> No.18324361

>>18324334
Eth will pump big time as well friend if you hold a decent amount you will make it

>> No.18324365

>>18324361
only have 20 right now
was waiting for a deposit to come in but looks like I missed the bottom

>> No.18324486

>>18324232
>3k was heavily manipulated
Did anyone even do a retrospective on it? All I read was the DDOS and liquidation bots went retarded due to lack of liquidity. More black swan than manipulation.
Legitimate institutions trading on CME pulled out.

>> No.18324492

>>18324365
Sorry to hear that friend.

>> No.18324530

>>18324232
I'm a Bitcoin bull, but I lost 0.6 BTC trying to short the boomer market.

>> No.18324551

>>18324365
Eth 2.0 release should have ETH pump a lot this year. We could see further dumps before the bullrun starts though. So you may have a lower buyin. But who knows. I'm all in PNK myself but when ETH pumps, PNK pumps.

>> No.18324572

>>18324486
Nah there was an exit scam that sold at market called plustoken that was big in korea i think it was.

>> No.18324586

>>18324492
not looking to be a millionaire off crypto but it would be neat to get a hundred thousand or so
im gonna just DCA some ethereum when the deposit lands, or hopefully it will crash and I can swing and purchase some more

>> No.18324627
File: 97 KB, 1358x934, BOXTHEOREM.png [View same] [iqdb] [saucenao] [google]
18324627

SWEET FUCKING JESUS!!

Did anyone else get that email from legendary Wall Street trader Robert P. Waldon? Shit blew my fucking mind. I read the entire thing and I was left speechless. Is this really gonna happen bros? It looks fucking legit, and I know this guy is the real deal.

Robert P. Waldon also disregarded the bitcoin stock to flow chart. Called it "the greatest fraud in charting history", and a rouse to fool the dumb money into shorting when the price blows past $1,000,000.

>> No.18324668

>>18324627
Yes I saw your post, I'm not sure I entirely agree with it. I have no idea who that guy is and also I firmly believe that though Bitcoin will go higher than expected this time round due to the devaluing of the dollar that gain just doesn't make sense.

>> No.18324716

Where is support gonna be now?

>> No.18324731

>>18324627
That elitist Robert p Waldron is at it again he can’t keep getting away with that, ol woldorf

>> No.18324759

>>18324232
>Essentially what was happening is the push down to 3k was heavily manipulated.
and so was the current pump
what was it like 1 trillion tehter minted in the past month or so?

>> No.18324775

>>18324716
there is no support nor resistance the market is now 100% manipulation and gamble

>> No.18324871
File: 34 KB, 320x320, 1585755615866.jpg [View same] [iqdb] [saucenao] [google]
18324871

>>18324278
This. Old me would have fomo'd in by now. New me actually buys the dip. The REAL dip.
>buy high sell low
>/biz/

>> No.18324891

>>18324871
whatever makes u feel better

>> No.18324974
File: 30 KB, 584x433, 1585513788288.jpg [View same] [iqdb] [saucenao] [google]
18324974

>>18324891
The thing is, it's not about feeling.

>> No.18324994

>>18324278
>let's use some delusional generic FA
yes

>> No.18325039

>>18324551
>I'm all in PNK myself but when ETH pumps, PNK pumps.

When does this happen and what’s a /make it/ stack? I have 12k now

>> No.18325109

>>18325039
It's likely going to at least $1, so you do the math.
100k seems quite a comfy stack.

>> No.18325145

>>18325109
Will do thanks

>> No.18325168

>>18325145
We're quite early, fren.

>> No.18325803
File: 147 KB, 1270x710, trustmeimfromtheinternet.jpg [View same] [iqdb] [saucenao] [google]
18325803

>>18324232
>the market was ultra manipulated this one time
>but now its over the its all normal again

>> No.18326233

>>18324278
Deflation is coming to the US dollar but massive inflation to all other currencies. Bitcoin will be fine and prob reach 100k because of this.

>> No.18327312

>>18324232
My DCA price for BTC after a full year is $8.7k. Just my luck.

>> No.18327416
File: 2.04 MB, 234x175, 1585962521900.gif [View same] [iqdb] [saucenao] [google]
18327416

>>18327312
YIKES!

>> No.18327442

>>18324551
Based pnk chad

>> No.18327530

>>18324627
Nearly 30 million per BTC by 2021? Am I seeing this correctly?

>> No.18327659

>>18324551
PNK is so fucking based
ETH is just a little based
Make sure you have some of each though

>> No.18327668

Yet another model that works until it doesnt.

>> No.18328341

>>18324627
Seems a little insane, I’m sure other crypto technologies will chip away at that m. cap by then.

>> No.18328383

This picture is from a moonboy scammer on YouTube.

>> No.18328423

>>18328383
The stock-to-flow model? Nigga that is a basic economic concept that has been applied to BTC.