/biz/ - Business & Finance

>>29015238
wow, you're starting to get it bobo :)

Crash or not I'm going to continue buying and hodling while waiting for BTC to hit one million.

>>29015238
You know the
>this time it's different
meme?
Well, it ain't a meme this time.

>>29015238
it aint gonna happen like the housing market in my country.

people buut.buttt.but
its sure to crash.
it aint dropping anytime soon.

why would you want to buy bitcoin?
how much can it moon yet? x3? x4?
everybody is waiting for bitcoin to crash for the altcoin season to start with shitcoins doing x100s and x1000s

>>29015419
People with money are comparing the potential Bitcoin returns to what they're getting in the stock market. Even doubling is a lot.

>>29015359
Australia?

>>29015238
What do you mean how? Nigger?
One guy sells then more and so on causing a low price?

>>29015465
This is hilarious. You obviously don't follow the stoxk market right now. People are getting 2x returns on bluechips. If you invested in a bitcoin miner instead of bitcoin during this bitcoin bull run, you'd have ! 1600% return instead of what...10x? Get fucked.

>>29015238
Easy. Weak paper handed faggots. They will crash the price 30% soon because they will panic sell like pussies and whales will buy their bitcoins and pump the price back up and even further now that the weak hands have been bankrupted.
Willy Woo has a chart which shows number of 1000 BTC entities to track this. Number goes up as the bull market goes on until then whales finally decide to dump on the incoming and largest final wave of normans.

>>29015264

price drops.
>oh shit its overvalued!
price drops more.
>wow dodged a bullet. lets buy that new Kia Sonata instead honey
price drops even more.
> * majority move on *
price drops to floor

Same way it was in 2018, people just move on. Elon musk will probably get bored and start shilling something else

>>29015727
But that’s not what people are thinking

Every thread talking about Bitcoin I see has people saying how they will take a reverse mortgage out on their house or get a personal loan to buy Bitcoin when it crashes again

How’s the price supposed to stay a bear market of everyone had plans to inject a fuck ton of money into Bitcoin when it crashes? It’s going to end up being a flash crash and skyrocket back up.

>>29015671
It will 'crash' at around 300k Bobo. But it won't be an 80% crash this time. This is what will be different.

>>29015810
But nobody was talking about how they would swoop in and buy Bitcoin when it crashes in 2018.

Every normalfag is saying that they will do that now. You’re not a special secret elite 4D chess player to have that strategy, everyone with an IQ above 80 is now prepared and waiting for a crash to buy up tons of Bitcoin.

>>29015956
This is literally the meme from 2017 playing out again. Much institutional backers. Muh mainstream adoptionz. Fucking retards.

>>29015878
people saying the same shit during the last top

>>29015956
You think that now, but when you're actually there the psychology will be completely different. They will be a consensus narrative that BTC is completely dead and is not coming back. Only hardcore believers will pick up the cheap coins and people will laugh at them.

Not even 2 weeks ago Bobos and half this board 'knew' it would crash already.

>>29015878
lol retard newfag. you have no idea. this shit is a flavour of the month to normies

>>29016011
>>29016015
Was this a global pandemic in 2017?

Was there 10X normal money printing in 2017?

Was there everyone unable to travel or buy anything in 2017 therefore had built up tons of savings?

Was there as many retail investors and corporations buying Bitcoin in 2017?

I truly believe that the virus has accelerated the growth of Bitcoin, we’re going to hit a price this decade for Bitcoin that we probably weren’t going to hit until 2040s

>>29016106
wtf are you talking about?
the entire board has been mega bullish for months

>>29016129
i don't know anon but looking at google trends we have less people going in

>>29016129
Ugh I hate people using the term 'global pandemic' PANdemic literally already means global disease. So you're saying global global disease. Also, the virus is fake and gay and obviously being used to usher in the great reset agenda for total enslavement in which block chain will play an integral role. Crashing the US Dollar with no survivors is all part of ze plan over the next decade.

>>29015238
It won't crash as much.

>>29016085
There's no way the technology is going away, although it is possible - albeit unlikely - that bitcoin gets dropped for something else

>>29015727
>floor is now $50k

>>29015272
The risk BTC had since 2011, is still here whatever the price it had. You never know who is going to kill it by just replacing it since unlike something like gold it can be LITERALLY REPLACED IN FULL and in fact with benefits.

Not good to speak in absolutes.
My general belief is that btc will perform well from here and then suffer another bear market, possibly an easier one than last.
Value investing under 100k.
Simple as.

The vertical line looks like it did before the last bullrun crash....but this time its different somehow

>ctrl+f 'tether'
>0 results
ngmi retards

>>29016576
things are already going back to normal what the fuck are you talking about my city just went into phase 2

>>29015238
It's never going to crash

most of people here are retards, even the 140 iq getting hot about bitcoins. I am not a tech genius, nor do i understand fully cryptos topics. But i have some experience in speculation, and i can tell you that all the people getting horny and wet about cryptos when it is high will be nowhere to be found when the price crashes. Everybody will laugh, think it's over, think it was a ponzi, etc.... Very few will massively invest at this point. The mania will be over, most of people will forget about it. It's like fashion really. today's fashion was fashionable 20 years ago, dropped then came back

>>29015272
>BTC to hit one million
Hate to tell you this lad but if BTC hits 1 million that means the US has entered hyperinflation and your internet tokens are now effectively worthless.

>>29017777
checked

>>29017777
Nooooo

>>29015238
BOND will solve your issues bobo, just rename to pepe jr

>>29015911
It will get back to 50k, and possibly under, during the cycle before the halvening, tho

Because every bobo is a fucking retard

>2018 had miner problems+tether fud that made people think BTC was actually worthless and GOING TO ZERO

The price implosion of any bubble comes when people lose faith in the fundamentals of the bubble to continue and decide that it was always a bubble destined to fail. Right now the people buying and selling are mostly 'in the know' and there aren't that many boomers putting money in it yet.

My only fear is the ease of investment will lead to some dumb fucking 70 year old yoloing his pension at the top and causing a shitstorm when liberal fuck politicians try to ban it.

But ultimately the reason why there's no crash right now is as you said- people are waiting for the dip. The crash comes when people are afraid to buy the dip for fear of getting dumped on.

>>29015264
Who would buy in a bull market though?

>>29015911
>50% crash to the low low price of 150k

Oh no :(

>>29017989
>The price implosion of any bubble comes when people lose faith in the fundamentals of the bubble to continue and decide that it was always a bubble destined to fail. Right now the people buying and selling are mostly 'in the know' and there aren't that many boomers putting money in it yet.

This is what people here don't grasp. This is why most don't make it.

>>29017989
...and down it'll come like a house of cards

>>29016129
you're delusional. everything you just said are just random statements pulled out of thin air, your post is entirely speculation and has no basis in reality.

>>29016906
never going to happen, the name alone is mythical at this point.

>>29017777
witnessed
my nigga knows

>>29015238
even bears are bullish on bitcoin hoping it only reaches 100k this round lol.

>>29016906
stop posting everywhere

>>29018463
yeah, and synonymous with buying drugs and cheese pizza desu

Retard here, is this a good time to invest? Looking up "Bitcoin forecast" has projections to ~$500k by 2030, how full of shit is this speculation?

>>29018917
it's low. worst case scenario (without something catastrophic happening) is 500k by 2024.

>>29015419
"Everybody" in relation to BTC is every normie on Facebook, every notable company, every financial expert, every bank
"Everybody" in relation to altcoins is a few thousands retards on a Mongolian camel raping forum

>>29017777
GOD, IS THAT YOU?

>>29017777
I agree it would be because of hyperinflation but why would that make them worthless? Isn't having value in an asset that's separate from the inflated fiat exactly the hedge you'd want?

>>29015911
>But it won't be an 80% crash this time.
Agreed. There will be a small 'crash' that end the bull market and a slow bleed out in the bear market that would stabilise at around 100k.

>>29017777
and it's a good thing

>>29017777
TRUTHEST

>>29018993
Based...and this time I mean based on what?

>>29015238
bull run without massive shakeoffs doesnt make any sense. they need to grab cheap coins from normans otherwise they just dont max out profits and why wouldnt they?

the difference between 2018 and this time around is this time we have multiple billionaires putting money into btc. we literally have the richest dude on earth backing btc now, if it dumps, all he has to do is put out a tweet and it will pump again.

>>29015238
it wont, worst case scenario is it dips to 40k and then shishakababobs the moon

>>29015238
>US Gov freezes all of Tether's assets
>Tether can no longer pump BTC
>BTC crashes
>US Gov regulates BTC purchases in the name of protecting the citizen.
>No one cares if the USA doesn't care.
>BTC dies.
>The shitcoin (You) picked becomes the standard.
>You track me down and invite me to the brap buffet when you make it.

>>29019272
He's already in the delusion phase. If BTC functions on 4-year cycles, it'll come down sometime this year and reach a new peak sometime in 2025 or early 2026. If I had to make a guess the bubble for BTC and crypto will pop when the stock bubble also pops. Silver is probably a good investment for this inevitability. Looking at the democrats and how gas has gone up 20% since 2021 started, they're going to bungle things to the point where fraud won't save them or their neocon sockpuppets. SuperTrump will emerge in 2023, win and legalize -all the stuff you like-. Or more likely we'll have a space bubble emerge and with it an entirely new industrial base.

you had 7 years

>>29015613
and 1400% of that return would go to paying the electricity bill and be getting reinvested into expanding your "mining" setup to even have a chance at breaking even next time

>>29016576

>>29019741
>precious metals retard
>Qanon
>trump lover

Why are all precious metals people all the same kind of special retard?

>>29015238
Because it's going to crash with everything else. Housing, the stock market, commodities, everything. It's all going to crash at once. That is their plan.

>>29015727
every body do the dinosaur

>>29020111
WELCOME TO 4CHAN, WHERE FAGS LIKE YOU ARE FREE TO LEAVE.

>>29017777
>effectively worthless
by which you mean the new currency

I finally came to the realisation that the price doesn’t matter.. it’s inevitably going to keep on rising over a period of time. 50k will feel like nothing soon... sure we will see dips, but it will rise like a Phoenix from the ashes once again! I am now going 100% Bitcoin! I will see you on the otherside. 3PgYQjyPNLhVqzbJ4ecxB2T9exDjJBNSws

>>29017777
(checks aside) no it means the USD is worthless, because that's the thing that inflated

>>29017777
OMG, are you telling me the USD is the only way I can cash out, ohhh noooo's

>>29015238
Thats the point... if we crash to 45k people gonna start buying the 'dip' only for btc to dumpy to 30k

>>29016129
Also was there money handed out to all for no labor put in? (Stimulus)

>>29018024
Market psychology says actually the most buying occurs in a bull cycle. Lol. That is what squeezes the prices up.

>>29015878
The majority of buyers aren't total mouth breathing faggots like us. And that is why they'll nmi

>>29015238
Why do you newfaggots all hate money
Sometimes I wonder who the fuck is emptying their pockets in my folio but then I read you niggers and I realise just how many midwits there are

>>29017777
I cannot argue with those digits

>>29016576
you are schizophrenic. i know like 10 people in my immediate circle who have had the virus. i got it a year ago for fuck sake. i was infected so damn fast i didnt have time to hypothesise on if it was real or not. Shits not fucking around

>>29017599
fellow intj gamer

>>29017777
Nice digits and all but pls consider deleting this