/biz/ - Business & Finance

I see nothing wrong here

>>28286297
Appeal to sustainability is a buy signal.

>>28286297
Umm sweetie there are like institutes and e-celebs stuff buying which makes it very sustainable

>>28286297
but it is.
learn how to use a fucking chart faggot.

>>28286297
thanks bought 10k

>This is not sustainable.
*blocks your path*

>>28286297
I said the same thing when Bitcoin was 4k in 2017
When you think it's not sustaimable, 5x-10x the price and then you get the real peak. That's how bubbles work, most of the people think "this can't go higher" then it goes higher... again and again and they get FOMO and then it crashes

>>28286297
sustainable against what? lol

>>28286297
Neither is your weight.

>>28286991
So 250k-500k is top for this cycle? Is this checked and based? If so I'm putting my daughters college savings in BTC.

>>28286991
Conceptualise the aroma

>>28286297
Moron, you have no idea, do you
We arent even halfway through with this bull run. Bitcoin ATH will go to 100k before end of September.

>>28286991
fuck you nigger didnt look didnt read month nofap

>>28286297
You sound like boomers with Microsoft and Apple back in the day

know what isn't sustainable? an economy where quantitative easing and stock buybacks have turned an untold number of companies into zombies who cannot reasonably expect to ever repay their debts
and this was before the whole covid debacle where easy money went to a level beyond what everyone thought was possible
monetary policies can only help set the stage for innovation to happen, they can't replace a working economy itself. too many people have lost sight of what is real
the accumulation of technology and capital into increasingly fewer hands is not sustainable either from a societal standpoint. redistribution is no solution, but preferrential treatments for insiders compounds the problem
we need an economic crash. we need bad companies to be wiped out. we need boomers to die at at reasonable age
none of this should be heard (or said) in a resentful way. permanent growth is simply not healthy nor sustainable. in nature, the most common instance of permanent growth beyond the point of usefulness is called cancer
bitcoin is probably not all that great, but smart contract blockchains and decentralized organisations in general are the best hopes for a future that doesn't degenerate into feudalism and/or widespread violence. in the general insanity of modern economy you cannot blame boomers for parking some of their money into bitcoin

I've just finished liquidating my shitcoins and BTC. I missed the peak in 2017 and lost a lot of potential gains.
I might miss a few other shitcoin pumps but I'm playing it safe and not going to make the same mistake again.

I didn't make as much as some anons here but its around $350k which I'll be using for a house deposit. It's been a fun few months anons, adios.

>>28287586
based
enjoy the house anon

>>28287586
Youre going to regret it.

>>28287586
>idating my shitcoins and BTC. I missed the peak in 2017 and lost a lot of potential gains.
>I might miss a few other shitcoin pumps but I'm playing it safe and not going to make the same mistake aga

>falls for the fud everytime
>euphoria is UNCOMPREHENSIBLE
>Elon just tipped his fedora to BTC
>???????
>PROFIT$$!!$!$!$!$

>>28287082

Why does she need to go to college? Just teach her to trade crypto.

>>28287311
Back to your containment zone
>>/reddit/

>>28287657
>>28287823
I'm just going by feel but it seems like every crypto pump follows the same cycle BTC -> ETH -> GPU shortage -> Shitcoins -> 100 days of red
Feels like we are speedrunning through it this time.

>its different this time
I doubt it

>>28287586
You didn't sell it all, did you? You kept like 30-ish%, right?

>>28287082
This cycle will touch at least 100k and anything over that is unknown waters.
Theoretical stabilization level should be 100k - 80k for next 2 - 3 years after this bull run is over before october.

>>28286897
> 29B in usdt drove bitcoin to 48k

>>28287082
>Is this checked and based?

You have to go back

shhhhh stop fudding things before the APOLLO listing on uniswap on the 17th.

>>28288402
All you have to do is time the top. Just that... let it free ride back down to the halvening mark then ride it back up. Literally surfing in a digital era

>>28286459

Hahaha, newfag

>>28286297
that's what they said about your semen supply, yet you keep drinking more

This is not sustainable

>>28286297
The whole fiat economy isnt stable my friend

>>28286464
>it’s forming a horizontal asymptote
Hm. BTC will not cross 400k in the next 10 years.

>>28289006
Fucking Christ it’s Weimar all over again.

>>28287586
You don't buy a house retard, you buy the next dip. Sit on cash until March or so, bullrun will resume around April/May.
You will easily turn that 350k into 1mil by eoy.

>>28286297
You're right. The price is way too low.

>>28286464
Why do you keep spamming this retarded image that shows the price crashing after every spike as if its supposed to disprove anything?

>this is not sustainable

>>28287311
2 months strong here

>>28290403
Amazon contributes something to the world.
Crypto doesn't.

>>28287521
didnt read but heres a pity (You)

>>28286297
Check the chart again. You were right.

>>28289690
I'm pretty sure Weimar was not as retarded as they are now.

>>28290765
You're retarded if you think that. All Amazon does is get corrupt politicians to pass favourable laws for them. Crypto protects you from the financial system.

https://twitter.com/elonmusk/status/1359409599972007936

SELL

>>28290990
shut the fuck up bobo

>>28290765
>Sending Digital value all around the world to anyone with a smartphone with only few minutes settlement
>>worthless

Even swift takes 3 days settlement. Also credit cards. Your mom dropped you on your head a lot as a babe, huh?

>>28291626
>Sending Digital value all around the world to anyone with a smartphone with only few minutes settlement
Literally every crypto can do that.
And if that is the only value than USDC would be king. BTC is a purely speculative assets, and I'm not even a BTC bear

>>28291313
>Crypto protects you from the financial system.
Really? I'm just in crypto to pump and dump on morons.

This is not sustainable

>>28286297
Hey can someone explain to me how most other crypto tank at the exact same time BTC does? It's got to be bots right? I would understand tight fluctuation together but today you could clearly see instantaneous movements to the T. People can't possibly react that fast. Do people have apps set up to buy/sell other coins by following BTC?

>>28287311
based

>>28286991
Oh my god if she asked me to eat her ass I would literally suction my mouth around her hole and not stop until she filled it.

>>28287521
this is the redpill

>>28287521
>we need an economic crash
a big one

>>28287165
kek'd

>>28286297
Idk anon maybe 48k is the ath before btc dies but i doubt it. I'm thinking about selling enough to collect 4k/mo in GUSD interest. Id keep about half of my btc and I'd still have my 10k suicide stack of link.

The only thing holding me back is not the fear of missing gains its the alienation that wealth brings.

>>28292887
BTC has the largest community and the most momentum. It’s gold now

>>28286297
No it's not. Bitcoin will crab, and alts will pump.

>>28294757
*inhales*
AAAAAAAAAAAAAAAAAHAHAHAHAHA

>>28293679
I can give you a hint
what currency is btc and other cryptos measured in

>>28286297
Use a log chart with the other cycles or it's dishonest and you're just deceiving your bobo self.

>>28287521
It is already en route. Boomers dying off en mass will trigger it. They are only age demographic that is keeping the economy moving along albeit at a labored pace. Once their assets liquidate there's nobody else that has the capital to replace them.
Big Pharma and Medical bubble will burst first and following that it will be the real estate market since there aren't not enough buyers to pay for inflated properties. All of the service industires that boomers support will fall next snow balling into massive correction that will revert USA and rest of the developed world back to late 19th social/economical stratification. The massive underclass supporting a small cabal of the ultra-rich which control nearly everything. Pretty now but you can't even buy luxury goods and homes become multi-generation rentals out of economical necessity.

>>28288459
fuck, i've been waiting for the elonbump to crash to buy the dip... should I buy now regardless?

>>28295001
its going back to 30k soon in my opinion

>>28295001
it's going up to 300k soon in my opinion

>>28295087
You, many and I wish that were the case but it isnt. I have $10k ready to pump in and buy when that happens. We all know it wont though until after the $6 trillion dollar US "help the american people" bill is passed and money is pumped into all the political donors companies. So we got until June/July before we need to be concerned.