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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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20916054 No.20916054 [Reply] [Original]

IS IT ALL JUST A BIG BUBBLE ANONS? ARE WE AT THE RETURN TO NORMAL PHASE OR IS IT BOUNCING back

>> No.20916109

We are at bear trap

>> No.20916583

>>20916109
Yep. First dump.

>> No.20916693

>>20916054
unironically first sell off, coinbase didnt have institutional onramps in 2017

>> No.20917024

>>20916054
Bear trap. Many are scared of this being another Black Monday, but back then longs outnumbered shorts all the way through every dip. Now look at the funding rates right now and you will see after this small dump shorts are already the ones due for a squeeze.

>> No.20917093

>>20916109
>>20917024

Isn't a bear trap faggots

>> No.20917096
File: 102 KB, 1300x983, biz chart.jpg [View same] [iqdb] [saucenao] [google]
20917096

>>20916054

>> No.20917127

>>20916054
2018 was the bull trap which was the 90% reduction of value for most coins. 2019-2020 are the return to “normal”. 2021 is going to be the capitulation and blood bath down to sub $1,000 a btc. The chart isn’t To scale because crypto is in a mega bubble that needs to see a 99.9% reduction from 2017 highs for a real return to normal.

>> No.20917400

>>20917127
With negative interest rates coming, and cash being banned, there will be massive demand for store-of-value type coins like xmr and (gag) btc

>> No.20917517

>>20917400
>Cash being banned
Would the internet even exist during the would-be civil war/global collapse resulting from such an overreaching power grab?

>> No.20917710

>>20917517
You seriously expect average retards to rebel for any reason. at all? They'll cheer for it. Even if it's not easy to ban in America, most people in cucked nations (europe and commonwealth) already use their cuck-cards for everything.

>> No.20917726

>>20917127

I also believe this. I put a price of 1800 or so in my mind but 100% i agree with you.

>> No.20917736

>>20916054

we are in the denial phase it went from 3800 to 12100 over the past 5 months during a depression and soon reality will set in

>> No.20917741

you need to look into ethereum classic

>> No.20917751

>>20917400
There is not. People will not buy btc but will buy metals. Unless large investing firms get the green light to buy crypto, bitcoin will not pump from normies because of a fiat crash or cashban

>> No.20917762

>>20916054
we are in the disbelief phase. Go all in on MTA now to get a make it stack in btc/eth

>> No.20917828

>>20917710
Most of our illegals have never even heard of a bank.
It's impoverished third worlders vs. third world diversity hires in the government.

>> No.20917852

>>20916109
yes sir!

>> No.20917883

>>20916054
this must be your first run, we are at first sell off/bear trap

>> No.20917959
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20917959

>>20916054
>>20917883