/biz/ - Business & Finance

>>24297047
That push was really weak desu see you in a few years

>>24297047
yup

Anon will I make it 10,000 xlm?

>>24297047
>See you at $2k, dumbfucks.
$2k! See you at $2 you dumbfuck!

>>24297047
Just wait for the tether print you d*mb fuck

>$2k
>not even the famous $3.5k bobo gap
you guys are getting way too cheeky today

lmao at you thinking it'll stop at 2k, we are going sub 1k probably

bitcoin is going to zero long term. It doesn´t have enough to offer. It´s a shitcin were the biggest usecase will always be speculation

>faggot butthurt non bitcoin holder posts shitty TA

get fucked lmao

Bitcoin has literally no value beyond FOMO.

>>24297047
>See you at $2k
only if you hold xrp

>>24297283
Pretty much. No tech and no development besides shitting lightning and liquid. It's fucking dead

>>24297314
and other coins offering more value will eventually attracts all the attention, money and speculation, so bitcoin will lose it´s biggest use case (speculation)

bitcoin doesn´t have strong usecases to rest upon in times of trouble. It only rests on social consesus and confidence. Once those are lost, it will drop so hard like nothing you have ever seen. Early whales will be scrambling to sell, and the ordernooks will be flooding with sell orders and NO buyers. It will be a bloodbath once the social consensus and confidence dissapear.

Bitcoin is not a good investment at any year,

>>24297047
Double tops don't have 3 years between them you gigantic retard

>>24297312
Based.

>>24297091
>LOOK MOM I DREW A LINE

>>24297457
the most bearish double tops have a long time period apart

>>24297445
Provably false. It was a great investment in many different years. The only thing that matters for an investment is how much it multiplies your wealth.

>>24297047
U mean $200k next year? Awesome, just bought more

Nope, just multi year cup & handle

>>24297475
Show me another example in equities

>>24297365
>>24297411
>>24297475

Ok you can shill your pajeet shitcoin now

That’s not how a double top works anon, far too much time and percentage decrease between them

>>24297508
does it look like a fucking cup to you

>>24297592
>heikin ashi

it's entirely over

>>24297592
Looks like 3 more years to print WIN before the real moon mission

>>24297091
>just HODL 100 more years bro

>>24297306
>>24297445
Bitcoin bad and ponzi scheme and tulip mania

>>24297592
Looks kinda like a big W or maybe an M or a bat

>>24298167
thank you for the TA anon

>>24297047

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)

>>24298247
Maybe its trying to form the WOMBAT pattern?

>>24298263

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)

>>24298289

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)

>>24298282
Wombat seems kinda bearish to me, I think its going for a table and spoon pattern

>>24297314
And no one gives a fuck about any of that. People that buy coins based on tech or plans are poor. Crypto is simply buying at the right times knowing that it is all a total and complete crock of shit.

>>24298263
>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

Well of course.
Whatever Bitcoin is out there, its' now owned by Wall St players who treat it as the speculative asset which it is, and the instant stock market starts falling, BTC is going to tank like a rock.
This thing is going to experience the rug pull 10x faster and harder than the real market and it's going to burn everyone fomoing into this hike.

>>24297047
You missed a 0
20k*
FTFY

>>24297445
Yeh imagine being dense enough to buy in a $3000.
No, i'm okay. I don't want free money, thank you very much!

>>24297312
Based dubs confirms

>>24298558

Hey losers try some other FUD you dumbfuck

>>24298167
>bat