/biz/ - Business & Finance

BUY BUY BUY

>>29713394
let the retards sell to institutions.

>>29713394
>>29713700
Not to do with your post, but OP, I just re-bought in. If it's not the bottom yet it's pretty damn close.
Well, not BTC but LINK, which moves almost exactly with BTC anyway so it's pretty much the same deal.

>>29713394
Sorry I'm not catching your falling knife Mumu.

>>29713394
I have $800 in my checking account. I'm all dipped out anon.

>>29713823
btc could still go down a few k but i find it hard to believe it will go much lower when coinbase outflows peaked recently

>>29713829
46000 is probably the floor for the knife, at least for today, maybe the next couple-few days. After that, IDK. Probably bitcoin will eventually continue it's surge upward until end of the 4th quarter, though based on historical analysis of the trend after the halving cycle.

>>29713979
this is the reason we are crashing, everyone who would buy is already in. even major investors are getting burned. there is nothing to save us

>>29714009

If you actually bend that rainbow to incorporate all of the first spike, does the result put the current high in the red?

>>29713979
I'm not really a day trader but for fun, I did little minute by minute trades with a 1K stack the whole way down the dump and at the end of it somehow I'm still +6 whole dollars. Amazing.
IDK if I got lucky or if I'm finally really figuring out the market in terms of the dumps.

>>29714059
Nah exchanges are out of coins and demand is great, the reason we are going down is overall markets volatility in general.

>>29714059
Exactly. Its going to bleed out for the next months until all deluded mumus eventually capitulate.

>>29714182
>demand is great
volume has fallen 60% over the last 48 hours anon

Buy the real bitcoin this time, it actually works still.
Once we get everyone on board we can attack the old chain and kill it off. No need for high ass fees.
Bitcoin works if they actually update anything on it.

>>29714139
Good question. I'm not sure. But I wouldn't be too obsessed with trendlines from 2010 and stuff, honestly. I think it's more to do with the fact that miners are trying to get bitcoin and the demand increases after the supply get restricted.

i bought earlier today, now i have no money left

>>29714155
Lmao have fun filing your taxes retard
Swingies get the rope

>>29713394
Because its literally not a dip and corresponded with a broader market risk off that doesn't seem to be slowly down.

You guys are so delusional. Thinking BTC is the center of financial markets.

>>29714221
of course it has, the bank wire systems went down and btc has been bottlenecked by transactions for a week now.
None of the basics have changed at all tough and overall btc supply is lower than ever.

>>29714009
You have to take into account what's happening with the bonds now. Crypto used to be in it's separate little world and you could just look at it's chart and read the public sentiment, but the more it breaks into financial mainstream the more it will follow the rest of the economy. Beg uncle Powell to start YCC ASAP

>>29714283
>Swingies get the rope
LMAO. You need to calm down.
>https://www.youtube.com/watch?v=Dkk9gvTmCXY
And do you really want to hurt me?
>https://www.youtube.com/watch?v=2nXGPZaTKik

>>29713394
Daily reminder you will never see btc fall below 35k ever again.

Dude its just the options expiration tmw calm down

>>29714139
Rainbow gets moved to wherever it needs to be to prevent a crash. You know this... Rainbow is permabull

>>29713394
>Buying crypto in 2021
Ngmi anon
Take the silver-stock pill

>>29713394
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>29713394
Get fucked, this is the big one

BUY BUY BUY we are just starting the bull run. Next weeks we will see coins doing 1000000000000000000000000000000000000000x

>>29714451
No that is a perfectly valid point. You are correct. I still think crypto is _ mostly _ in it's own little world, though. And if it's not, then that bodes well for bitcoin too because it speaks to a massively increasing demand. Also it could end up that bitcoin ends up like the "new gold". Where people used to flock to gold where the economy crashed, now people might flock to bitcoin.

Except boomers. Boomers like Peter Schiff are still loving their gold. They are buying obsolete rocks and must love having their teeny tiny gains.

>>29713394
buy more btc

>>29713394
>b-buy my bags PLEASE AAAAAAAA

>>29714629
I bought at like 46,500 (LINK not BTC but BTC was at 46,500). It was probably dumb as fuck of me not to just wait until closer to 45, but it's looking like I might have basically bought the bottom. IDK, might still sell off here if I see bad signs. Not 100% sure. Who knows, maybe I'll get fucked hard and raw, too.

>>29713394
Binance shows literally zero volume on recent candles.
There's nobody left, anon. Only us.

>>29713394
At the moment, I plan on buying $500 or $1000 BTC most days it's under $50K for the foreseeable future. Hard to time the market exactly but just dollar cost averaging and holding long-term seems like a wise strategy.

>>29714629
>we are just starting the bull run
Luuuuul, buy if you actually believe that faggot, why don't you bet your house on it? I'm cashed out, have fun losing everything

>>29715012
Did they suspend trading or something? What a bunch of fagons.

>>29715115
The bull run is HIGHLY likely to continue through the entirety of 2021 and then turn bear towards the new year-into the beginning of 2022. Prob January 2022. That's just based on the BTC history and the cycle of bull and bear runs after each halving.

>>29714229
BCASH BCASH BCASH
>HoW INCrEDiBLY RuDE yOU ArE TO mE

>>29715258
No, this is way too big of a crash
Btc wil bleed out with rest of crypto

>>29714707
This would require bitcoin to cease its volatility, nobody would like to invest into an asset that spends 90% of its time in a bear market way, way under its peak value. Once you want to cash in its value, it totally depends on the time you need the money - you might get $10k or $100k. Not many people are willing to take such risks.
And IF it ceases its volatility, we little retail speculators are pretty much done for. It will be the same as the stock market, where you have to aim for single-digit returns, if any.
Personally, I'd prefer things to stay as they are, some kind of Wild West, an almost lawless area at the frontier.

>>29713394
>IS JUST A DIP
So why are you shaking and begging me to buy?

>>29713394
I actually sold some of my BTC and currently waiting for Pulse, they are the only blockchain in the medical field with any kind of solid backing from legit medical bodies

>>29715464
It is declining in volatility as time goes on.
I don't know. Bitcoin is volatile but it does seem clear that it's something that a lot of people love as an alternative to cash and traditional investments. So I'm not sure it really needs to "cease volatility" for that to happen.

Anyway, prediction - Bitcoin will eventually fall to zero the moment a viable DeFi alternative comes on the scene. Something like Ethereum except a version of it that doesn't suck. Probably Cardano. Like I said earlier I think, my whole stack is in Ethereum as far as long term, permanent holds. I believe in it.
Eventually bitcoin is just gonna get wrecked. It's a FUCKING shitty protocol from every technical perspective.

Proud to witness the crypto/global finance crash of 2021 after turning my btc into silver 10z leaf coins

>>29714581
How do I buy silver penny stocks

>>29713394
I did that’s why it’s tanking

>>29715012
showing large volume on cb pro (roughly 1k/15 min) so idk

>>29715012
>There's nobody left, anon. Only us.
>$1tn market cap on BTC alone
>nobody left, only 4chan and reddit bagholders

>>29715440
Ethereum isn’t going anywhere doesn’t matter what bitcoin

>>29713770
>Muh institutions
You idiots say this like it is a guarantee of success. Institutions make bad decisions, back out of positions and fail all the fucking time.

>>29714182
>Nah exchanges are out of coins and demand is great
You are a retard if you think this is bullish. It's a currency, not a stock.

>>29713394
This is a dip? I can't afford that shit negro

>>29714581
BTC becomes a currency once it's all mined and it becomes stabilized in price. You will never learn.

>>29717878
>quantum computer goes BRRRRRRRRR

Missed it, damn. Pink wojaks all over the board over a 46k to 50k crab

>>29713394
I want to but I literally fomo'd the last of my cash into BTC at 57k thinking we were only going up. I've got nothing now and I need my next paychecks so I can do my IRA contribution for 2020. Should I take out a loan to buy BTC? I've never done that and I don't really feel comfortable with it

>>29713394
I bought more on Wednesday while taking a shit at work. Would buy more but I’m cashing out a bit of other crypto to buy a Gibson Custom 59’ LP

>>29713394
already did but thanks for the reminder to buy more

don't get mad at us because the price isn't moving the way you want it to..

Zoom out. We are in bear mode now.

>>29714059
ayo mayne hol up we gots dat whole hood buy dat shit

>>29713394
If it wasn't a dip, then what's the cause for concern? Denial.

>>29713394
Can't afford more i am poor. Besides it's dipping all the time. Can't buy all the time with so many dips.

>>29721335
this

if this is gonna take days/weeks? then ill just come back later.

>>29713394
Gotta wait for this refi cash out closes. 100k going in soon. You don't know what pain is until you are told to wait to invest in a fucking rocket ship.

>>29721336
based

>>29717360
>It's a currency


NGMI

>>29717360
oh you poor naive son of a bitch

I'm waiting to see if it dips more first.

>>29721807
It will

>>29721807
>hmm not sure I trust my crystal ball
>>29721860
>trust mine instead
retards

New bitcoin trader here. Just bought $5 worth of BTC and I've already made 3 cents

>>29714229
bcash has some valid talking points
but no one sane will throw any wealth into it, only to get it all reduced by 75% by some bag dumpers

>>29713394
Lack of cashflow

Start buying by next tuesday, we will crab til then

Can you guys sell enough so I can afford to get in? Thanks, appreciate it.

>>29714581
Na, I'd rather multiply my money many xs rather than getting some pussy ass 50% after a year

>>29713394
He’ll fucking no. Below 20 day this about to break to 38-40k

Buying since January. At a third of a Bitcoin. Trying to accumulate before we moon and sub 50k is a thing of the past.

>>29713394
>everyone is taking huge losses on everything
>"FOR THE LOVE OF GOD BUY MY THING"
Being a bit selfish there

>>29722754
You're stupid. You want to buy when it's red, normie. If you buy green, your risk is higher and your roi is lower.

>>29723255
but we dont wanna buy when the red is shooting downward to hell

>>29723255
I'm all out of gas and I will only buy in at very minimum 35k or bust.

>>29713394
I'm probably going to buy this weekend when the price might be a little lower

>>29714305
>Thinking BTC is the center of financial markets.
I actually didn't think that, but now I wonder if it might be true.

>>29722260
congrats anon, you better cash that profit out before you lose it!

>>29721207
>Zoom out.

I'm going back to sleep. Wake me when f2pool is done dumping. If it wasn't them and we don't recover then don't wake me.

This shit is flagging down. We haven't seen the bottom yet. And if 10Y yields spike again tomorrow, expect that bottom to be even lower.

>>29714059
>>29714059
People who actually transact with it are buying less.

>>29721617
>"Wait its not a currency?"
>Square dumps
>Paypal dumps
>TSLA board forces dump

dont tell them
I'm pretty sure it'd be illegal for them to invest in BTC from a speculative store of value from a fiduciary standpoint

They can't use company money to gamble.

>>29716825
>every BTC is worth as much as the last BTC traded.
I could spend $100 million right now and make it $2 Trillion on such low volume. Market cap != money invested.

>>29713394
I WILL NEVER BUY THAT FKING SURVEILANCE COIN BS. FK CHINKS AND KIKES.

>>29727116
That's why it's unwinding anon.

>>29717360
retard

>>29713394
>BTC at $47k
>Buy more BTC cause its gonna go past $50k this time for sure.
>BTC rises back to $48k
>Weathly and corps that bought at $48k not expecting it to stall and drop sell multiple coins
>BTC drops back to $47k
This has been repeating all day. Before it was 52k to 45k to 50k to 46k to 49k to 47k. Once no one can pump it up further it well be a steady fall, they then will pull out the remaining and you will be wondering why it is still dropping.

Isn't it supposed to bounce off a bottom? lol

I HATE MONEY I WILL NEVER BUY YOUR SCAM COIN

>>29714009
faggotry and LGBT shit has no limits, they have invaded charts now, is nothing sacred anymore?