/biz/ - Business & Finance

> 50k established last night
> blows past 51k
> settles at 52k
> drops to 51.8k
> yfw

Bobos are getting desperate

CRASH SOON BROTHERS

>>29016522
its february
btc was 15k 3 months ago

>>29016522
I'm up 250% in two weeks, it's looking just fine

BTC needs to crab for a week or two so my shitcoins can pump.

>>29016607

>>29016769

this
I also need a bit of time to raise cash and liquidate personal possessions so I can plow it all into crypto before things get too pricy

Anyone who doesn't think this will crash is delusional. It reminds me of the GME delusion. When people are suckered into hype it's hard to get out. But no one knows when Bitcoin will crash. There is one helpful chart that shows the pattern for bitcoin.

If the pattern is correct it's possible bitcoin could reach 100k even before crashing to around it's new low which would be around 20k. Almost everytime the cycle happens bitcoin has a new low. This isn't always the case. But that's the pattern.

People forget the fact that too many normies are in this now. Normie boomers that will panic sell in droves as soon as the large dip begins and it will cascade.

Warren Buffet isn't wrong. That's why I think he will sell SOS soon because he already made a few billion in profit. He's gonna dump on all the normies.

Don't forget this pump was started by Elon and what happens to all his pumps?

>>29016988
What will happen to alts? You think people will pour into alts instead?

>>29016988
This is a delicious copypasta, thanks anon

>>29016988
>it's new low which would be around 20k
Bear market bottoms aren't anywhere near the previous ATH.

>>29016522
Zoom out
t. Bobo who lost hope

Listen. The current fiat monetary system is fucked. Everyone knows it's on it's last legs. They can't stop this shit. So buy crypto, buy metals, anything but fiat.

>>29017100
In 2018 there was a 1-2 month period where all alts mooned after Btc started dumping. Vechain and Icon were still reaching ATH as BTC was testing support at 8k.

>>29017265
ok and then how long do you think we will be in a bear market for?

>>29017238
this.
nobody wants cash. they're dumping it anywhere they can. stocks, crypto, metals, fucking pokemon cards.
wake the fuck up retards.

>>29017100
bitcoin is a source of morale. maybe the boomers will get suckered into buying the alts. maybe papa elon will pump and dump one of his own cryptos when that happens. only time will tell.

the crypto market isn't separate from the stock market just look at 2018, 2020 and the current bull run. people arent rational and bitcoin is highly volatile.

bitcoin has always been borderline qanon. They'll talk about fiat with disdain and believe that this is some sort of economic revolution.

>>29017387

>>29017433
The fact that btc is hard capped makes it infinitely better than fiat though. It has value in the way you can send it anywhere, it has incredible flexibility, and ownership. It's far superior to fiat.

>>29016522
Are you a non SUTER holder, then agree

damn bro I am holding few tokens and some btc we will soon be in bull run.

I am gonna make some bags for $MCM check it out

>>29017519
Fuck off you dipshit newfag

>>29017551
>no smart contracts
>50 minute settlement time
>transaction fees
>hard cap won’t be met in our lifetimes
Sorry dude bitcoin is not the future

CHEAP GPUS
H
E
A
P

>>29017925
Kek how many companies need to dump billions in it for you to learn?
>what is lightning network

>>29017961

My man.
I can't wait for the flood of 30 series RTX cards to flood the market from miners that used them for only 4 months.

Feels like jan 2017. All in Defi and surf that green candle desu
Jigstack is the 2021 february GEM

>>29016988
>this pump was started by Elon and what happens to all his pumps?
They go on a lot longer than anyone expects?

>>29016988
>this is crashing
>it might even crash from 100k
you love to see it

Total market of crypto has increased by billions of dollars in this last bullrun.

My question is when a crash happens, where does all this money go? Surely it wouldn't remain in fiat for a long time. Will it pour into housing, gold, rare metals?

>>29018484
IMO it's all going to go into btc and alt-coin market is going to crash hard as fuck.

>>29018484
its always housing and real estate

>>29018542
possible, entirely anecdotal, but i feel any coins with non-normie names will never pump properly. bitcoin is literally the most anyone can expect normies to understand.

>>29018618
>bitcoin is literally the most anyone can expect normies to understand

normies don't need to understand, they'll pay globohomo "fund managers" to invest in internet money on their behalf.

>>29018903
huh, thats actually a good catch
should have become internet money finance advisor or someshit
>is that even a job

Is it too late to buy into RIOT or MARA?

>>29019095

if you put on a suit and get into a boomer business network, you could probably find clients who want a crypto sherpa

My obscure but super smart investment is out performing everything and Im staking it...idk guys maybe I should unlock everything and FOMO into BTC AHP??

oh wait that would be fucking retarded. Go ahead normies pump BTC all you want, Ill make greater profits doing my own thing.