/biz/ - Business & Finance

>>29775878
It's going to peak at somewhere between 150k and 450k by my calculation, and that will be between summer and the end of the year. So no, the bull run is just getting started and the higher BTC goes the more violently it will swing like this so get ready for people to freak out every 3 weeks or so from here on out.

>>29775993
What are you basing your calculation on?

>>29776103
Assumption. Just invest in ALGO which has 6% interest and pray

>>29776103
https://www.lookintobitcoin.com/charts/stock-to-flow-model/

>>29776319
This was made early 2019

>>29776319
What makes you trust this model?

>>29776460
It's updated in real-time, and also for a model to be accurate today that was made in 2019 is a good thing, what's your point?

>>29776621
i have no point. I am merely poking you with a stick. But i do actually suggest ALGO rn , the interest rate is insane

>>29775993
we be double pumping IMO just based on fibs longterm makro cycles and parabola alone. underlying driver is right now institutional fomo as seen in USDC driven pumps after minting. Once done we might slide or go mini bear for a few months until marketing and normiewave kicks in for EOY rally. Several people will slowly unload the top, it will be at first "less violent" as you can'T just dump the big positions at once without crashing orderbooks and create slippage, probably have to be dumped on multiple exchanges at once. so yea i agree with this anon price wise >>29775993
150k end of spring 400k-ish EOY

>>29775878
Unironically it depends on what happens with the fed and stock/bond market. If it crashes, everything fucking goes with it and well see 15k bitcoin again. If money printer keeps brring then we break 6 figures, just be set up to profit from either scenario ie keep some cash on the sidelines for a while

>>29775993
This pretty much
Stock to flow
200 week MA heatmap
Rainbow chart

>>29776694
I HOPE YOU ARE RIGHT BUT I AM VERY SCARED EVERY TIME I OPEN THIS SITES IT'S FULL OF PINK WOJAKS AND BEARS I FUCKING HATE THEM AAAAAA

>>29777667
Just buy right and hold tight. When you see a nice dip (like now), buy some btc. Step 2 is to never sell it until at least 5 years from now. Step 3 is make it.

>>29775878
Ignore lines on charts. There's a simple analysis that helps with this. At the $1000 peak and crash, there was reason to believe that it would never ever go that high ever again. At the $20K peak and crash, there was reason to believe that it would never ever go that high ever again. But it did. Then it did again. If it drops from here, there's no reason to think that that won't just be temporary. Without weapons-grade FUD, global omnishambles, a ban on mathematics, etc., we'll get to $100K (at which point there'll be reason to believe that it will never ever go that high ever again).

>>29775878
There's no technical analysis that could possibly work with Bitcoin. It's all about gauging general sentiment and going with your feel. I'll be completely honest and tell you that I just had a really strong gut feeling that Bitcoin had hit a peak last weekend and was about to tank. I sold half my bitcoin and spent the rest on puts which immediately rose to twice the value on Monday from when I bought them. I sold half of them on Monday and bought back the same puts on Wednesday while cashing out the rest.

I guess I've just gotten lucky and played it well but my equity is now just under 400k from a 50k initial investment from when I saw it starting to creep up last September. As long as bitcoin keeps crashing, which it will, I'll probably make another 200k.

For reference, I make 20k a year so this is cool.

>>29776688
Based shill poster payed per post

I for shizzle don liek dis bidness when they be droppin them usd's all the time

>>29777964
Exactly. You can buy the very top and hold comfortably.

>>29778315
I wish dude, i wish. Seriously, if i was getting paid i wouldn't be here at all ... dire times

>>29776688
6 percent apy is garbage in crypto
>>29776319
Same, s2f suggests an approximate 400k btc peak on the high end. Further, peull and pi cycle suggest we are no where near the top. Institutional money is still buying in too. If anything, this correction is the first sell off.

>>29778189
I felt the same thing and agree 100% with what you said. The sentiment is its overpriced even though no one knows what the price should be.

>>29775993
>mfw you share a board with escaped mental patients like this guy

>>29778189
I guess you could make educated guesses from onchain data and whale transactions for timing peaks and valleys but not technically TA

>>29778483
What has a better apy?

>>29775878
i bought in at 19k i dont give a fuck im still winning

>>29778535
The Graph

>>29778483
>6 percent apy is garbage in crypto
If Algorand was a stablecoin, you'd have a good point. But it's also a phenomenal long-term bet to go up based on the technology and connections they have.
Best of both worlds: collect interest for now, and HODL hoping for a big long-term gain.

>>29778535
There are 5 fig apys available, I recommend checking out these totally risk-free non-scam investments

>>29778609
That's funny cause I just set a buy order at $19k

>>29778512

>>29778658
Bitch, where? I own the graph and i see no interest , just usual market bullshit

>>29778535
Pretty much everything. Off the top of my head, dot, avax, like half of the dozens of yearn vaults, like everything on blockfi, nexo, celsius, probably mco. 6 percent apy is garbage mang

>>29777667
It’s Friday, anon. Want to watch a movie with me? I’m thinking the Fate/Stay Heaven’s Feel series. Very good!

>>29778788
Yet coinbase is drooling over eth2 and algorand for some reason, odd

Yes

Institutional Adoption first relies on the adoption of layman

There seems to be no organized effort to force BTC to public use through by major entity.

What layman wants to buy 1 coin for 58,000? There's a psychological barrier in the layman created by the the very name "Bitcoin"

>Small coin, or new car?
>New car.
>Okay but you can buy a little tiny fraction of small coin with less money
>I'd rather lease the new car

This is the top. It will go sub-TSLA purchase price and Elon will be voted out of his position as CEO. From then on its in a death spiral. Many normies will get hurt and the government will try to regulate it to protect them, effectively resulting in the final nail in its coffin.

Full disclosure I'm a nocoiner now but I used to be bullish and own some in 2018-2019 until I actually started living my life and realized how ridiculously slim the chances of Bitcoin's bull thesis are of coming true.

>>29778509
Well my logic is simply that because bitcoin is fundamentally (in my opinion), a ponzi scheme for most people, the only reliable way to gauge sentiment is to recognise that people already expect it to pump and dump and then it becomes a self-fulfilling prophecy. I don't trust any of the noise around it, but the noise is very useful.
>>29778526
No need in my opinion. The bitcoin game is played by dumb money overwhelmingly. You're playing against idiots so you should create your strategy accordingly. Why try to base your game off the small minority of smart money players? Actually, this is my entire trading model. I play exclusively with retards because I know I can beat retards, and retards also provide excellent liquidity and potential returns. Why bother with the ordinary stock market where you're playing against people who do this for a living? Obviously this strategy works best in a bull market like the one that is now obviously ending.

>>29778724
you think its gunna get that low?

>>29775878
Analysis?
I just buy when number goes up

>>29778967
Ok and? Doesn't change the fact that for interest, algo is boomer tier.

>>29779242
I still don't see the interest on the graph you were mentioning. Coinbase is a dick it would seem

>>29775993
This, stock to flow is never wrong. Bitcoin went on a big run in a short amount of time and the market is struggling. Keep filling your bags and we'll be fine by the end of the year

i just set a buy order for all bitcoins at 1 usd, i expect to fill late march.

>>29778782
IYKYK

>>29779473
K

>>29775878
my prediction was as high as 70k
Dont ask for calculations, bc I forgot

>>29779155
Probably around $12-15k but I'm playing it safe. Remember last time it went from 20k to 4k, an 80% drop.

>>29779625
I'm thinking it will hit ~$400k then drop to around $80k-100k

>>29779069
Majority of traders are dumb money but majority of money is whales and they usually make the big moves happen. Can't hurt to have an idea when they happen.

>>29775993
Holy cope

>>29779625
WTF

what triggered the crash? was it bitconnect?
I'd assume people would eat up the dip but that sounds like a slaughterhouse.

>>29780523
How old even are you?
BTC was 4k for the longest time after the 2017 crash

>>29780307
Sure, but the whales are mostly people who lucked out from buying loads of bitcoin early. That doesn't mean they're smart money.

you mean like this?

>>29780695
why did it crash? things just dont dump out of thin air, what would cause an %80 crash?

>>29779316
That's because I didn't mention the graph. That was a different anon. Though now that you mention it I'm pretty sure there are a number of grt pools you can delegate to that have better than 6 percent apy

>>29780896
>things just dont dump out of thin air
Oh man, you really are new

>>29775878
It's hard to say. What it's doing now is completely unprecedented.

It's certainly not THE peak at least (before a bear market), but should have absolutely had more of a dip before now. I bought at 3850 and sold at 32,000 thinking it was going to drop shortly after, of course it always does the fucking opposite.

>>29775878
0% likely

look at the historical and logarithmic charts, the peak is at least 120-140k

>>29775993
this 100%

cope bobos

>>29776103
your mom, but dyor

>>29776296
move it to the teams ALGO wallet and get 8%

>>29782971
legend

>>29779036
>Elon will be voted out of his position as CEO
never happening, Elon + his bros are majority by a HUGE fucking shot in TSLA
>Full disclosure I'm a nocoiner now
stopped reading right there, nocoiner bootlicker scum

>>29783314
>the only one who can give advice on a ponzi scheme is the people who are still in it

well you stopped reading at the end of my post so I got the point across anyways

>>29778315
>>29778458

Where the fuck can I get paid for shilling Id shill even SHIBE if I made 50cents a post.

>>29784144
I have no idea, i literally spent $350 on algorand and tezos, how fucked am i?

>>29775878
105k

i don't know if it peaked, but we sure as shit haven't found a bottom. Everyone is nervous,, but not fucking scared. This gets worse before it gets better.

I am also nervous how it is common knowledge we are hitting at least 100K this run. Or that there is an upcoming run. Everyone is crypto is getting ready for alt season. It is a sure thing. That is alarming. We just went up a ton. Was THAT the pump?

Last two digits are the % chance that $58k was the top

>>29783478
Good job owning in the worst time to own it then selling it before it showed massive returns

>>29784819
I sold at 18,000 and bought at 100

>>29784918
>Full disclosure I'm a nocoiner now but I used to be bullish and own some in 2018-2019

>>29778535
CRO coin is going to start staking at 20% APY for 10 years
I staked 5k at around 6 cents at $366 and the coin hit 27 cents when they announced a 70% token burn, a main net for staking, and a AMA that has since happened.
The price has since crashed to 15 cents which is still above the price before spiking at 13 cents since it went up too fast to be sustainable and those who bought at the top last year at 15 cents sold to make some money.
All of the old dumb money is being shaken off and replaced with new dumb money with that allure of the Crypto card in which I am receiving my Ruby card soon
2% back in crypto with Spotify paid off every month in the coin
If the coin hits a dollar I will be able to upgrade my card stake to the next level
This coin literally makes you not want to cash out ever and with greedy people who are new that 6 month hold on selling will guarantee a bull run on this coin.

>>29782406
plus a growing high level institutional adoption can only help

>>29776103
hopium

>>29775993
BTC is definitely not hitting 400k this cycle but I want you guys to hold my bags so OMG SO MUCH THIS

>>29776103
Tea leaf readings