/biz/ - Business & Finance

This time
>It's different

>>25868392
you better buy now

>>25868392

Don't listen to anyone but me okay. Now listen to me. Buy the dip.

>>25868392
It was posted here yesterday

>>25868400
>>25868405
>>25868407
>>25868426
I will exit the market around 37k so I will have a 5x from initial investment.

>>25868501
>Not holding through
ngmi

wow amazing dump

>>25868600
Nice chart. Just shows that BTC can drop back down to 16k and still look bullish.

>>25868407
>this time it’s different
>were going to 100k
>s2f model
>rainbow chart

This is all irrelevant. Tether is about to collapse in a massive black swan event, it will cause a large correction, which will be bearish in the short term but bullish in the long term.

Sell now if you need the money within the next couple of years, or wish to take profits to reinvest in the upcoming “dip”.

>>25868712
Nobody cares about tether. There are many dozens of stablecoins ready to take its place.

>>25868712
>literally all the cryptosphere spamming that tether will collapse for literally years
>black swan
yikes

>>25868766
lmao this

>>25868758
Yes and they all have the insane liquidity to provide the backing for the crazy amounts Tether has printed....

>>25868392
ohnononnono its over bull bros we got too cocky didnt we?

>>25868786
When the price crashes to $10k and lower. Just remember. “Anon told me so”

>>25868712
Tether apocalypse will get everyone by surprise if it ever happens. 15th is too obvious to let it hapen.

>>25868712
This fud is almost 4 years old

>>25868826
People have been screeching en masse about the Tether apocalypse for years on every platform imaginable.
It's not going to take anyone by surprise.

>>25868800
Liquidity has nothing to do with how much is printed.
There's obviously tons of demand for stablecoins, and when the top one goes, others take its place.

>>25868886
Jesus Christ you’re a fucking retard.

>Tether is inherently worthless
>it should be backed 1:1 by USD
>it’s not backed by “a mixture of assets”
>some of those assets are BTC
>print tether
>now backed by less assets
>inflate the price of BTC to cover the gap

They fucking admitted to this on the podcast. The crash won’t happen on the 15th but it will all come out in the wash. You don’t submit 2.5 MILLION pages of court documents unless you’re trying to hide something. A lot of people are going to get burned from this.

>>25868963
Yes, you've been screeching about this for half a decade now.

>>25868963
so your saying tether is going to zero? that means people will un-tether by buying btc, sounds bullish af

>>>/sci/12570376

Bizraelis is that scianon right about quantum computers

>>25868600
Zoom in

>>25869072
If a quantum computer would be made for nefarious reasons, there are far bigger targets.
All it’ll take is an upgrade from SHA-256 to something better, approval by all miners of the change and off we go.

>>25869268
>If a quantum computer would be made for nefarious reasons, there are far bigger targets.
This.
Literally the whole internet is secured by encryption.

>>25868392
>I don't know guys, I'm having a deja vu with this one. I feel like I have seen this chart before.
>deja vu

I sold my BTC. Its only down from here.

>>25869268
Scinon says mining doesnt secure transactions anon
Hashpower doesnt keep your coins secure

Is this true?

>>25868392
OH NO NO NO PLEASE

>>25868758
There are 24 billion UST of fake liquidity. When this evaporates in matter of hours, this causes a liquidity crisis and a crash.

2 days left until january 15. Clock is ticking.

>>25869326
normies love the quantum computer fud as an excuse not to buy bitcoin. It's like saying "I'm not going to buy a house because the sun might explode."

>>25868392
yes in 2017, when we crashed from $4800 to $3000, at the time it looked just like that

>>25870239
>There are 24 billion UST of fake liquidity
Tether's market cap and liquidity have pretty much nothing to do with each other.
You absolute brainlet.

Biden will dump 3 trillion USD into the market, but feel free to sell your btc now.

>>25868392
Except this is the first take-off to $100K+ BTC.

Suterusu is the Antshares of 2021. Screencap this.

>>25870391
that was caused by BCH and SegWit fud, hard fork and so on.
recovered in a day or two.

never in 2017 had a 20% drop caused this much uncertanity. Only in July 2017 was a red day of 30%, which was similar to this sentiment.
Even then a lot of people sold and stepped out of market, since even that drop was caused by announcement of BCH hard fork.

January-May saw none of this bearish sentiment.

2021, 25% drop, this is a dead cat bounce, since everyone is expecting it and remembers 2018 january.

quantum computer FUD will ramp up on 14th January, to replace Tether FUD.
Pushing the price below 27k.
Then capitulation hits, and 19k is a fact.
This is when all those normies who bought in 2017 also come to unload their bags.

Just as this rise from 10k to 42k was spectatular and fast, in basically 1 month.
The fall will be even more spectacular than anything seen so far, down to 14.8k we go before 14th february.

Screencap this

>>25868392
You know it's not the top because we've not had 2021s dentacoin show up with no product, no features, no tokenomics, no use case hit $6 billion market cap.

>>25868400
>btc has been violently correcting 20-40% during every bullrun
bobo: noo nooo this time it's different, this time bitcoin is dead

>btc has always exceeded its ATH from previous cycle by at least x10
bobo: noo nooo this time it's different, this time bitcoin's bullrun ends at x2 from previous ATH

>btc has been following numerous macro indicators for 12 years
bobo: noo nooo this time it's different, this time they will fail

>btc has been following the 2y bear&bull cycle for the last 12 years
bobo: noo nooo this time it's different, this time bitcoin is dead

>>25871226
Thanks for fud. Just bought another $20k from my USDC.

Rest is waiting for $24k bounce.

>>25871721
same here sold at 39k and bought back at 31k and just sold lol. cya guys at 28k

>>25871932
post trades

also enjoy buying back in at 45k

>>25871956
im good already sold at new ath

let me guess your a hodler right hodl the line hodor

i just saw a giant ad for a local cryptocurrency exchange targeted toward normies on the subway. my hairdresser is in crypto.
> it's different
> muh institutional investors

>>25868712
>black swan

>>25868803
its time to become a bearbro. the long dip is coming, ride these spikes motha fucka. bullcucks get too cocky holding coins at a profit not selling

>>25868392
nah dude just keep buying

>>25868392
Ikr? It looks just like the other corrections from the bullrun between $200 and $20k -_-

>>25873228
yeah but notice taht the gap to teh next ath is 3 years haha

sorry im out already sold at 39k see you guys at 100k in 3 years

>>25868712
Do you realize a black swan event happens when nobody expects it? Tether FUD is being constantly spammed for weeks now. It is already priced in.

>>25868400
its a new paradigm

>>25873417
On that graph we're somewhere around early 2017, so less than a year until ath

i hope it crashes so i can buy it lol

>>25868392
yes at the start of the last bullrun

>>25870239
The 15th was just a deadline for the documents that Tether provided