/biz/ - Business & Finance

It's even worse, bitfags see their 'digital currency' as a perfect saint now and refuse any sort of criticism.

>>4177873
show log scale

>>4177869
>$1000
>Bitcoin is Tulip Mania 2.0!
>$2000
>Bitcoin is Tulip Mania 2.0!
>$3000
>Bitcoin is Tulip Mania 2.0!
>$4000
>Bitcoin is Tulip Mania 2.0!
>$5000
>Bitcoin is Tulip Mania 2.0!
>$6000
>Bitcoin is Tulip Mania 2.0!
>$7000
>uhhh....
>$8000
>Bitcoin is fraud!
>$9000
>God damn it, it doesnt make any sense!

>>4177893
You are a retard

>>4177916
There's usually a period after "retard", retard.

>>4177933
I recommend you to buy more bitcoins. You should also lend as much money as possible to invest it too.

>>4177967
Been riding 3 BTC since 3k. Im up 125%, or about $12,000. Love you:)

>>4177986
Wow you are so rich. What will you do with so much money?

I love how idiots compare crytos to tulips.

Literally prove themselves for having 0 knowledge on finance or cryto or most likely, both. They also accomplish to sound idiotic by trying to debate something they are clueless about.

It's so funny to watch. Dance monkeys, dance

>>4177986
a-anon
learn from POSW
learn from DGB
learn from Bancor
learn from Ants
learn from Link

it's your money, but this greed is the sign of a bloodbath to come.

>>4177869
Here is BTC in LOG scale, just like OPs graph. Still think it looks similar?

>>4178047
Nobody gives a fuck about log scale in the real world you loser. Candlestick charts are the industry standard

>>4177873
Put your BTC chart in LOG scale (like your OP) and you will see your mistake.

>>4177869
Tulip mania? You mean that cinema play?

Shiller’s checklist to spot a bubble:

Sharp increases in the price of an asset like real estate or dot-com shares
Great public excitement about said increases
An accompanying media frenzy
Stories of people earning a lot of money, causing envy among people who aren’t
Growing interest in the asset class among the general public
“New era” theories to justify unprecedented price increases
A decline in lending standards

>>4177869
yup.
bitcoins gonna be 60k by christmas.
merry christmas.

>>4178077
You obviously give a fuck because you posted a LOG scaled tulip chart.Do you know what "scale" means?

>>4178145
I will laugh so hard when btx crashes under 1000$

>>4178145

>>4178200
Yes, this is what real bubbles look like. Now compare to BTC in LOG.

This is bitcoin not some stupid fucking offshore rig company.

>>4178410
even worse

>>4177869

Never happend

>never happened

Never happend

>never happened

Never happend

>never happened

OP IS A FAGGOT
https://www.smithsonianmag.com/history/there-never-was-real-tulip-fever-180964915/

>>4178223
explain this to a brainlet, btc is growing super hyperbolic? is that bad?

Reminder that " tulip mania" is exaggerated church propaganda from the time.
Reminder that it was only a few very specific types of bulbs that experienced those bubble type prices
Reminder that there is almost no recorded evidence of any wider economic collapse outside those involved in those niche bulbs.
Reminder that the entire tulip mania hyperbole is exactly that.

>>4177869

Threadly reminder that tulip mania is a meme that was nothing like it's portrayal in pop culture.

>>4178077
>he thinks 'candlestick chart' and 'log scale' are mutually exclusive

>>4177967

>You should also lend as much money as possible to invest it too.

How would giving other people money so they can buy bitcoins help him?

>>4179420
BTC's log scale doesn't resemble a bubble like tulips' log scale (which was mostly a fake economic phenomenon in the first place), when their similarity was the implied point of this thread.

You're welcome.

>>4177869
Inb4 bitcoin has a 10% dip and OP makes a "end of bitcoin/bitcoin ponzi scheme" thread.

>>4177869

>tulip mania was only a 60x in price

Lmao bitcoin outpaced that babby bubble in like 2010

>>4178130
I'm betting it'll be 85k by then.

You know OP a lot has changed since 1637

Should rather compare it to the South Sea Company which was vaporware much like most of these coins

>>4177869
Except you can grow more tulips, you cant create more bitcoins.

>>4177869
I love this argument. When boiled down it becomes: infinite supply vs limited supply.

Who has an infinite supply? Tulips? No, that crashed. Bitcoin? No, that's 21 million hard cap. Wait... is it FIAT? Oh my god. You mean they can just keep raising the debt ceiling and printing more money-- *gasp* just like planting a tulip bulb...

get fucked op

>>4180514
This is why the boomer will eternally lose.

>>4177916
Prove >>4177893 wrong! Sounds like you're just mad bro.

>>4180514
BTC can be forked infinitely & there is no cap on alt spin-offs that can be made.

>>4177869

I wish I had a lot more of these fucking tulips

>>4180696
BTC is like a tree. You have your leaves(ICOs), you have your branches(alts), and then you have the whole trunk(BTC)...

>>4180514
Gold has a limited supply and isn’t mooning

>>4180878
Because we left the gold standard loooooong ago rofl I think you're just trolling me and it's pretty bad... plus anytime the dollar dips go watch what gold does. wake the fuck up.