/biz/ - Business & Finance

its over when it goes a few colors up there you fucking mong.

>>29866109
>oh no it’s over sell now

>>29866109
what's the target, fren?

>BTC hasn't even gone to 100k yet

>>29866109
It’s unironically over sell everything now

>>29866109
zoom out

>>29866204
anon they redraw the charts every bullrun and they never come true
>>29866735
I remember saying the same thing about BTC market cap not having hit 1t in 2018 lol

>>29866109
Bitcoin super cycle 1 million EOY

Zoom out little boy

>>29866685

>>29866882
I want it to go to 100k. Imagine all the euphoria and then the US economy takes a fat shit and it brings BTC and the rest of the world to zero as people scream all the way down. I want the chaos and destitution.

>>29867094
I want to be there with you but Can I cash out and make a profit first?

>>29866882
>they redraw the charts every bullrun
They adjust their models when they have more data points to work with. How dare they...

>>29866943
>$1 billion market cap
it's over, isn't it?

>>29866882
no they dont

>>29867094
it's not going to happen, way way too many people bought the top expecting 100k

>>29867184
Yes, this retroactively changes this prediction every bullrun. If you look at the TA from 2018, people were calling for 100k. The point stands that the charts are not worth the paper they are printed on because today's chart will only fit into tomorrows chart

>>29867240
imagine all the people who bought the top in 2017 expecting 10k lol can you imagine, 10k for a bitcoin hahahah

>>29867225
>n-no, bulls in 2017 were making the same predictions as the rainbow chart!
factually incorrect

>>29867094
a based bobo?

>>29867351
I held through 2018, I was expecting much more than 10k kek

>>29867240
My earnest hope is that this is just the first selloff and we'll get a period of rising volume. Keep in mind a long crabbing usually precedes a bump up, like in january. I want this to hit a 5 trillion crypto-wide marketcap before the inevitably plunge when people realize the speculative market has no value. If it goes down now, it's not funny, just disappointing.

>>29867393
Buys the top in December 2017, have to wait a whole 3 years for a mere 300% roi
. Lmfao pmg cucks would kill for that return

>>29867440
Based in the sense that I want the crash to be a lot bigger than this. If it crashes now it's just /biz/ and some redditors/twittertards that get fucked.

>>29867318
Models aren't perfect predictors. Anyone who thinks they are is retarded. But to think they have no value is also ridiculous.
Yes, of course they're retroactively fitted to data points because we don't know the fucking future. They have to be fitted to past occurrences.

>>29867492
Seriously

If it crashed now this "bull market" would be so incredibly underwhelming. We have simply not reached levels of euphoria to deserve another years long bear market

>>29867610
true, but as a cryptofag I consider myself an utter failure for falling for the hold meme

>>29867763
So you admit it is no better than astrology, but can you make the compensatory argument that they have value? you just sort of said they have value, you didn't actually say why

Reckoning Tezos doing ADA gainz incoming

Fuck that stupid FOMO rainbow. You wanna look at the NVT ratio. Right now is time to buy buy buy. Next resistance point is 69k. https://themoneymongers.com/bitcoin-nvt-ration-signal/

>>29868154
astrology isn't fitted to anything, it has no basis in historical data nor any type of mathematical rigor behind it. you can't use astrology to predict anything reliably at all, you could probably use a RNG to get better results than astrology. the only valid correlations latent within it are related to birth months which themselves correlate with disease prevalence, size of birth cohorts, and ecological conditions which are increasingly irrelevant in a world with negligible infant mortality rates and mass available healthcare.

>>29868277
btc has a strict upper limit on transactions which makes this whole indicator a meme lmao

>>29866109
When will you guys give up on crypto predictions, it’s literally just high stake autist gambling. It goes every direction and is practically impossible to predict unless you’ve insider information, it is what it is. You invest in a coin and strap down, might get rug pulled and you might become rich overnight. Don’t stress it.

>>29868289
>astrology isn't fitted to anything, it has no basis in historical data
why do you say that anon? it is backed by several thousand years worth of practical data. it's one of the most practiced divination methods in human history. you just assume that peoples actions in markets are somehow more rational and more predictable than peoples actions in everything else. I think this is drinking some enlightenment koolaid. back in 2017 we used the Chad stair chart, now we use the rainbow chart. both will prove to not be accurate and another model will be made for next time around. If models could approach a level of confidence above coin flips people would have figured out how to efficiently game the stock market decades ago. literally the only reason markets function is because it is impossible to predict the future with any level of certainty. have you read David Hume anon? do you understand the role of habit in induction?

>>29868002
Lmao everyone is talking about bitcoin you mong

>>29867094
why would it do that

>>29868530
It's more fun than vidya, and I make money off it

OP here I just posted this as bait because I knew some of you faggots would get mad and some of you are angry about astrology for some reason. Nobody knows what’s going to happen and all of your predictions are pure speculation and probably wrong anyway.
I am now leaving this thread forever, goodbye.

>>29868873
>OP here
Who cares what you think faggot

>>29866109
>the neckenning

>>29868604
>astrology
>severl 1000s years wroth of data

its a larp from gay 50's esoterics you stupid fuck. Tell me what the ancients knew about pluto and neptune and then go look up when they were discovered. Then go look at the sky until you see them. fucking idiot

>>29866842

HOLY FUCK. I didnt see this.

>>29869951
The Chinese formalized astrology before Christ was born kek. But is this really your argument? that if astrology had a bit more empirical data it would be possible to predict the future?

>>29866109
>>29866666

>>29868277
lel

>>29869951
the point he's trying to make is astrology is the same as any other hoodoo system

>>29868289
>astrology isn't fitted to anything, it has no basis in historical data nor any type of mathematical rigor behind it. you can't use astrology to predict anything reliably at all
You deserve to be poor

>>29866685
the 2nd green but most likely the first because I'm getting ready to buy soon.

>>29870126
>The Chinese formalized astrology before Christ was born kek.
So what? During the black plague doctors believed it was poisonous gas from hell, when it actually was fleas from the rats

>>29871237
>he doesn’t know

>>29868169
is there any reason to continue holding this shit? I've missed all the gains this season sitting in tezos

>>29871237
They literally didn’t you retard
Those nose doctors have those noses to burn incense at the end so they didn’t smell the vile black pus coming from the lymph nodes
It’s literally how it got the name

>>29871237
Okay anon... follow me here... thousands of years of practical data being put into divination doesn't automatically create a system which can predict the future. Why do you think the rainbow chart can predict the future when it is a form of divination based on a mere fraction of the practical evidence that astrology (something you totally discount) uses?

>>29867448
wich 2017 shitcoin is this?

>>29871693
Verge, was a privacy coin that blew up near the end of the bullrun. Peak faggotry akin to ADA

>>29871788
ah i knew it was something with V but the name slipped my mind tried vertigo on google but nothing came up. i never get why people would brand themself with logos like that.

>>29871354
>>29871452
>>29871668
Tits or GTFO no way actual men believe in the astrology bullshit

>>29868002
>We have simply not reached levels of euphoria to deserve another years long bear market
That’s literally a sign of euphoria if you actually believe that

>>29867240
This is kind of my issue. Fuck TA( I love TA desu), Fuck fundies. Look at this "logically" I guess? If everyone thinks and fucking know this bitch is going to 100k MINIMUM - is it? Like, have we ever all been right before? Right now, the most, retrospectively, the hilarious outcome would be if Elon et. al. and everyone bought in looking for 100k and it shed 50% of value. None of us will be able to get out quick enough - it will be a bloodbath. Additionally, if the stock market goes , I imagine BTC get liq'd first from institutional guys.

>>29871059
mario if he real

>>29872024
I don't believe in astrology anon, I am using it as an example of why the rainbow chart is bullshit. Can anyone on /biz/ read or does burgerstan not teach that anymore

>mfw I should sell at the red territory
>mfw everyone that sawed this chart will sell at orange territory
>mfw I know that everyone going to sell at below of it so I’m going to sold at 80K
>mfw eveyone know that I will make that move so they just sold the top at 58k

See you guys in the next bullrun