/biz/ - Business & Finance

>>22516465
it wont go up until people stop posting this fucking chart

BBQ season start later this year

>>22516465
Kek imagine believing this meme bullshit. Everyone thinks it's going to moon next year, so it will do the opposite. I'm so sick of retards like you and PlanB on Tw*tter that think they're some kind of investing genius because of this fucking meme chart. Kys

16k-20k by end of year, 100k+ by August 2021
screencap this

>>22516563
I can post numerous articles on why it will go to 100k+
Only absolute brainlets are selling or trading in alts at this point.

>>22516680
also several companies started to use bitcoin as savings account, about to buy millions in btc

>>22516719
Bitcoin is going to 500k by 2022

>>22516465
STOCK 2 FLOW!!!

>>22516680
>>22516719
>>22516746
>guys my meme company that no one has ever heard of has all of their asets in Bitcoin now haha I'm so cool.
You sound like those libertarian fags that used to be all over the crypto space years ago

>>22516881
>You sound like those libertarian fags that used to be all over the crypto space years ago
The ones that got rich?

DENIED

it also still can go lower

>>22516563
Over the long term it will go up guaranteed, but there is large amount of money to be made liquidating longs along the way no doubt.

>>22516465

>>22516966
Every time it crosses a psychological milestone it hovers there then rockets.
Look at $10, $100, $1,000, and now $10,000
In 60 days we rocket to 50k+

>>22516519
200 weekly moving average is the floor now, anon. Never in Bitcoin's history has price gone below the 200 WMA

>>22516563
Everyone doesn't think that, just people who comprehend scarcity. Most people cannot wrap their head around scarcity and will be driven by emotions moreso than logic.

>>22516746
Kek old news.
https://decrypt.co/41770/microstrategy-more-bitcoin-250-million-reserve

They’re buying more, and there is only so much the miners who sell OTC can supply.

>>22517145
It's going to be fucking unimaginably wild when the supply side dries up. Like when people were fighting over toilet paper at the beginning of the year multiplied by ten thousand

>>22516465
is this the original or the "fixed" chart when the price didn't move like he predicted

>>22516563
>Everyone thinks it's going to moon next year, so it will do the opposite.
Correct. It will moon this year instead.

>>22517191
you can use this
https://digitalik.net/btc/

>>22517183
Not many are doing the math, I did and I want to keep it for myself.
I will however drop crumbs for the autists who can follow them.
You can wayback machine greyscales bitcoin fund numbers that are being displayed on their website.
From there you can calculate how much they accumulated this year.
Now you can calculate pre Halving upto May BTC/day and post mining numbers.
There are numbers on santiment that shows how much BTC the miners sold on exchange daily.
With all these numbers you can check the demand pressure on the OTC side for BTC.
It’s literally a dam about to burst. No wonder they are liquidating so many positions to gather BTC.

>>22517331
>It’s literally a dam about to burst.
I heard a rumor the miners liquidated more bitcoin this time due to being squeezed by the covid stock/crypto crash in march.
When you compare it to last time around when bitmain controlled all the miners I can see miner competition being alot better this time around.

What did you find?

>>22517057
dude stfu srsly I need this

>>22517408
I don’t pay heed to rumours, much rather prefer focusing on raw data.

I'm convinced at this point that the only folks long-term bearish on BTC are either newfags too dumb enough to get it, or poorfags simply resentful they can't/didn't/won't be able to allocate a comfy enough position.

>>22517743
nah there is a million retards on biz who think btc is obsolete tech

feels like late 2016 all around

>>22517940
Just like millions think gold is obsolete. Except it is now that bitcoin exists

>>22517940
I mean it's litetally nothing more than a distributed ledger. ETH has infinitely more usecases

>>22518113
Past results don't determine future outcomes.

>>22518195
Based and redpilled. Ethereum is the gold with finance industry embedded in it.

>>22518195
>>22518298
I really hope you 2 are new to this

>>22517009
this

>>22518195
>ETH has infinitely more usecases
Yeah bro, cryptokitties is going to change the fucking world, man. Forget a monetary revolution, we need to decentralize the fuckin' tomogatchi cats: that shit needs to be stored on everyone's computer to secure my digital feline

>>22519162
what year is it?

>>22519210
uhhm, it's 2020 sweetie, and cryptokitties is still the most mission critical thing deployed on ETH

i really want to be here in about 5 years when something (not saying eth/link/yfi) pushes btc out of number 1. fucking maxi pads on suicide watch

>>22519252
Poorfag cope

>>22519241
Lol what a bum
Stay poor

>>22519252
Boomercoin is soon to be replaced by something with an actual use case

>>22517109
It has, several times. What’s happened was no week has ever CLOSED below 200wma. Remembering this will stop you shitting yourself next time it wicks below

Just bought some 50k strike price btc options, have fun with your altcoins

>>22520566
Should mention those are for Dec 2021

>>22520583
By that time your youth will be gone and your life will be over, why even bother?

>>22516465
my cock is going to moon straight into your moms pussy.

>>22519934
The first widely adopted crypto will dethrone Bitcon by a wide margin, with a market cap in the trillions.
The problem is, what will it be? A bank tranfer system? A serious smart contract platform? A logistic blockchain? A communication protocol? An oracle? Something else?
I'm starting to think that some schizos may be right

>>22516465
Fuck, I've shorted my whole stack and I'm losing money on it if BTC doesn't test at least $10,500.

its gonna be hilarious seeing all these fucking retards that unironically believe muh halving meme pump get so disapointed when this shit starts heading down to 1k

>>22521151
>I'm starting to think that some schizos may be right
What are those schizos predicting?

>>22521151
my linkies stay super stinky.

>>22521151

It will be a stable coin that is a hedge against the inflation of traditional currencies.

>>22516465
>only 4 red dots
It's only beggining bobros

>>22517288
Or it'll be banned, and all of your invested money gets vaporized into thin air. You're left holding keys to a wallet that no longer exists because the entire network is gone.

>>22521020
If bitcoin 10x's between now and then, the options 40x.

>>22521525
Not if I run it. You can run it with tor too faggot

>>22516465
S2F has been debunked
by the creator of this chart
the moment the fags who keep parroting this shit sell, it's when we moon