/biz/ - Business & Finance

Q predicted this

>>24290860
Yeah, but did he predict this?

*shits all over the floor*

>>24290835
is it really time to sell guys?

>>24290879
As absolutely based as that is, yes he did

>>24290909
Yes. It’s over. Charts never lie.

>>24290835
OK!

I predicted you would call the pullback from 20k a double top months ago. Delightful!

>>24290835
Once again.. a "double top" pattern is confirmed when the price reaches the top and then retraces back to the bottom of the valley. Basically it's not a double top until we hit $3500 again, and if it's a double top at that point we should expect to basically shoot down to $10.

Cup and handle

>>24291019
this but unironically

>>24291110
Mr Tone wayns or who da faq! Is there a CME gap above Your house?

>>24291019
Except BTC didn't reject the top last time faggot

>>24290835
Same happened to gold unironically

>>24291452
Will see!

Mr Scum!

>>24291136
Except there is no handle retard

There’s no way we drop below 14k. Maybe another 5-10% drop MAYBE. Week of crabing to scare off weak hands. Then we climb back up.

Crypto NEEDED a retrace if it was gonna go parabolic.

If you join the Rubic multichain project:

> trade with low fees and without fees
> create and list your own token
> get x2 profit from the first investment
> integration of 3 blockchain in one DeFi project
> faster transactions between the blockchains

> https://rubic.finance/
> @cryptorubic_chat

>>24290835
Btc to 100k eoy

>>24291722
>posts chart that conveniently stops counting losses before the end of 2017

>>24291452
>but muuh top
the former top is now the current bear trap, prepare for 6 digit bitcoin next year

>>24291819
Lot of new guys here, let them shaken out!
>>24291452
Sell all, its good for You!

>>24291900
I guess you are right, it's time to be bad, they had 10 years FFS
start selling guys, bitcoin is over, S2F is cancelled, it doesn't even scale and it's pumped and dumped by whale collusion and tether printing, fuck that shit, I'm selling my whole portfolio and buying XRP and you should do it too

>>24291952
RIPple, I love U :)

>>24291722
I remember people spamming shit like that before the big crash

>>24290835

BTC was invented by the central banks for three reasons, first, to split the anti-fiat community, and cause dissension in our ranks; secondly, to divert capital away from precious metals; thirdly, to prepare the world for CBDCs. It ought to have gone to zero after 2017, but it has been pumped and re-inflated by tether and other stablecoins, just as the stock market has been pumped and re-inflated by Q. E. My reasons for thinking as I do:

1) Tether is widely believed to be responsible for the 2017 crypto pump (its own founder admitted this suspicion to Jordan Belfort https://www.youtube.com/watch?v=Xzpqxqbq0Jg).).

2) Tether now has 10x the mcap that it did during the March crash, when BTC crashed to $4000, and also has a 40 billion per annum printing-rate. The only time when tether was ever audited was 2018, and yet even then it was found to be backed only by “75% cash and cash equivalents.” The truth is, tether is probably “backed” by the very BTC which it is printed out of thin air to buy.

3) BTC volume is only 5% of what it was in 2017, and Google searches for Bitcoin are in the gutter. This shows that retail interest is low, and almost all BTC is going into tether's hands (as DesoGames explains here https://www.youtube.com/watch?v=qzDjJ-SrojY).).

4) BTC is completely worthless as a currency. https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7?gi=a80dff4c0636 In 2017, you had $100 fees and 3-day transaction times when sending BTC. Even if the Lightning Network were implemented, only 0.1% of the world population could use BTC.

5) The only way to use BTC as a currency is to go through Blockstream's second-layer solutions (like the LN), which track and trace everything you do. BTC also tracks you forever on a pseudonymous ledger, hence why the BTC Twitter hackers were caught within days of cashing out. Physical gold and silver coins are therefore superior for privacy to BTC.

(1/3)

>>24292025

>>24274974

6) Solutions like BCH are not the answer, since, the larger the block-size, the greater the centralization. To the point where you might as well simply keep your gold in a vault and use a gold-backed crypto instead, because that is no more centralized than what you will inevitably have with something like BCH or BSV. Kinesis (allocated gold on the Blockchain) does everything which BCH claims to do (banking the unbanked, 24/7 transactions, making microtransactions, etc.). https://www.youtube.com/watch?v=5Q9aYYluRA0

7) Satoshi is really Adam Back, the head of Blockstream. https://www.youtube.com/watch?v=XfcvX0P1b5g Blockstream is controlled by the banks and the Bilderberg Group.

8) Bullion banks are bidding up the price of Bitcoin on the futures exchanges at the same time as they are suppressing the price of gold, as Rob Kientz shows. (https://youtu.be/Bq9SblPW-6w))

9) Promotion of BTC in the mainstream media is unrelenting, showing that they completely back it. The MSM, of course, is controlled by the bankers.

(2/3)

>>24292025

6) Solutions like BCH are not the answer, since, the larger the block-size, the greater the centralization. To the point where you might as well simply keep your gold in a vault and use a gold-backed crypto instead, because that is no more centralized than what you will inevitably have with something like BCH or BSV. Kinesis (allocated gold on the Blockchain) does everything which BCH claims to do (banking the unbanked, 24/7 transactions, making microtransactions, etc.). https://www.youtube.com/watch?v=5Q9aYYluRA0

7) Satoshi is really Adam Back, the head of Blockstream. https://www.youtube.com/watch?v=XfcvX0P1b5g Blockstream is controlled by the banks and the Bilderberg Group.

8) Bullion banks are bidding up the price of Bitcoin on the futures exchanges at the same time as they are suppressing the price of gold, as Rob Kientz shows. (https://youtu.be/Bq9SblPW-6w))

9) Promotion of BTC in the mainstream media is unrelenting, showing that they completely back it. The MSM, of course, is controlled by the bankers.

(2/3)

>>24292058

10) Russia, China, and the other eastern countries have been accumulating gold to issue gold-backed currencies after the reset, not crypto. They already have enough gold reserves to do this. The eastern countries are where the real production is, so, if they don't take BTC, BTC is good for nothing.

11) Gold-backed currencies in the modern banking system would work with perfect efficiency, whereas no crypto can function as a currency for more than a minuscule fraction of the world population.

12) Money must represent savings, i. e. what is useful for production and industry; otherwise, no country has any reason to take it as an equivalent exchange for their goods and commodities. But crypto stores no intrinsic value. After the reset, then, BTC will go to zero when priced in gold (as Alasdair Macleod says).

13) Crypto has enormous intrinsic disadvantages when compared to gold. If you have gold in a vault, you are protected from the following: Being tortured out of your life-savings within ten minutes; losing them to memory-loss; dementia; a thoughtless mistake when making transactions; a key-logger or other hack; burglary (extremely rare with respect to private vaults); a fire; a hardware failure. BTC also, as I have said, lacks the privacy of gold and silver coins, and is fundamentally unusable as a currency. Whereas digital gold on the Blockchain (Kinesis) or gold-backed currencies in the banking system are perfect as currencies.

(3/3)

>>24291452
It did in 2016, newfag

>>24290909
Yes it's over sell while you can

The old lady downstairs that owns a nail salon just bought some bitcoins as an "investment"

Take from that what you will

>>24290860
fpbp

>>24292744
call me when she buys reservies or even linkies

>>24291722
post this chart but up to 2020