/biz/ - Business & Finance

To make you nuts

>>49355124
imagine cumming 4 times in a row. how strong is the 5th cumshot going to be? it's similar.

>>49355124

>>49355124
Obvious why when you look at BTC's real log curve (the one manifest by BTC's price action, not the hand-drawn detached-from-the-price shit-curve you posted).

The top of BTC's log curve had manifested by December 2013 and the bottom of the curve by August 2015. Since then, the global market has traded accordingly. Whales begin selling off near/at the top of the curve and begin buying in at/near the bottom of the curve. Which has in turn strengthened the curve and made it a super reliable tool, for long-term trading.

>>49355248

>>49355187
So basically it’s dying and will eventually become a stable coin while altcoins become extinct? Is that what you’re saying?

>>49355268

>>49355281
temporarily, yes.

>>49355124
The normals and cattle unironically ruined everything.

>>49355248
Nah, the bull run started and ended quickly all because of stupid Elon tweets. If Elon didn’t interfere with crypto, BTC would have had a steady incline to 100k. It’s all manipulated

>>49355368
So when new ATH and what will the next top be?

>>49355124
Elon musk shit coin shilling and Sam Bankman leverage trading kikery

>>49355368
this is the cope of the century. what about inflation? what about the war? it's over (for now).

>>49355248
where can i find more info on the things of which you speak

>>49355124
Crypto is dead that is why

>>49355350
this.
>>49355124
but it's not over.

Larger market cap = smaller price action

>>49355124
because most of the money went to altcoins
This was like a massive alt season, next run will be purely BTC and ETH I reckon

>>49355124
Power law, there's diminishing returns, it's no big conspiracy, just how it is.

>>49355476
Nope. Only Elon musk matters. Nasdaq correlation? Never heard of it. Risk-off? Who? Just HECKIN muskerino

>>49355124
because everyone was screaming and longing to 100k, then whales shorted and started massive dumps at 50-60k to clean all the retarded longs, just check the top 100 btc wallets, its pretty simple

>>49355124
>doesn't know about the dome theory

>>49355653
You literally couldn't be more wrong lmao.

Alts *severely* underperformed this run, It was almost purely BTC/ETH bull market if you look at altcoins as a whole rather than cherry picking meme coins.

You don't even need to trust me, Just go and open almost any altcoin chart, They're all at 2018-2020 bear market level already, Which's a measure for how weak they performed in the bull market, Previous cycle it took Alts years only to finally decline to their Q4 2017 level, Most were still x50+ higher than they were in early-mid 2017 let alone 2014-2016 bear market.

BTC.D didn't even break below 2017 levels, That's even more pathetic considering there are x10 more alts on the market, dominant stablecoins and actual use cases this time.

>>49355368
plebbit tier shit tards trying to blame a autistic retard with no self awareness who started a electric car company on the outcome of the entire market and its correlation the the economy is massive cope.

>>49355268
>tfw we're only going to 3.5 x from here

uuuuuuuuuu it's not fair
I wanted to make it

>Log Charts

>>49355476
transitory fud

jk g0y captcha

>>49355124
Is it fair to assume that the last bear market was cut in half because of the feds QE measures? Thats what its seemed like to me with the stock market reaching ATH despite such macro uncertainty with covid, it just seems now that its all catching up. I feel like it will get worse before it gets better.

>>49355124
whales, hedge funds, vcs, etc accumulated heavily during the bear market and used the bullrun as an opportunity to dump on normies. there wasnt enough normie interest to overpower that selling

>>49356925
BTC was literally on path to 20K before the Covid dump (Went from 3K to 12K), Covid (and as a result QE) only delayed the bullrun

>>49355368

so many faggot bears stay poor forever

>>49355124
turns out institutions are weak handed pussies that are not into bagholding instead they panic sell when trends start to look overheated.

>>49356831
just use leverage

>>49355124
Considering inflation it was even worse. There basically hasn't been any bull run since 2020.

It went up $2T more. STFU b/c you went all in on cumguzzler1000 coin

>>49357739
since 2017 just divide btc price with m1 or m2 money supply... shit is just ranging.

>>49356131
B5C's market share shrunk during that time. It's not that alts were outperforming it's that there was an explosion of new alts which each diverted capital away from BTC as well as each other thus resulting in weaker returns all around.

>>49355124
because when theres more volume it takes more cash to move an asset, therefore it didn't move as volatile in motion

because this still isnt the real bull run we’re all waiting for

prices are hight but accumulating is higher than ever before. BitDAO alone has been buying up more than 380 ETH daily.
if this doesnt make you bullish long term then idk what does

>>49357914
god
damn
dog
coins

>>49359099
checked, 2021 was a test pump.

>>49355124
Normies have entered the market in 2021 due to massive advertisement via twitch streamers. Fed can now manipulate the masses solely through crypto.

>>49356131
I guess the bigger difference here is what kind of people are entering the market. Most people that joined this bullrun were institutions and banks (considering market percentage wise, normais are all over but their money don’t count that much now). on past cycles we had more risk friendly individuals. institutions are risk averse. they want low and steady gains. thats why alts clearly underperform. As we face an already exist and eminent bear market, these guys will either 1) buy more, possibly raising floors or 2) go deeper into alts. that’s possibly a good scenario for solid alt projects. And possibly why this cycle is also not going that low. Possibly 20k is the actual bottom. Careful if you hold alts though. Even bitcoin going lower, it doesn’t mean alts are plunging deeper also. We could see a scenario where alts hold USD value but gain in sats. That’s is mainly what i’m going for since i joined the market. Increase my sats. That’s just one assumption though. Nobody knows for sure.

>>49355368
>BTC exists in a bubble where Elon pulls all the strings and isnt affected by macroeconomic factors
You were NGMI anyways retard.

>>49359422
Actually, the crypto crash has little effect on normies or the economy in general.

>>49359782
except for me who can now buy double the btc i could before ... success !

>>49355248
>>49355268
>>49355289
you're right lmao
give the cryptoverse 8 months to catch up.

>>49359545
>We could see a scenario where alts hold USD value but gain in sats
lol no btc.d has just started.

>>49360671
short term moron, we’re hitting ATH on BTC before next halving for sure

>>49359422
>Normies have entered the market in 2021 due to massive advertisement via twitch streamers
People that watch twitch are neither normies nor do they have money to yolo at crypto.

>>49355124
The fed lowered rates to zero and then printed over 80% of all existing usd in a single year then after crypto mooned ridiculously fast they raised rates crashing the global economy including crypto. Crypto wasn't supposed to peak until 2023 or 2024 but the fed can manipulate markets as long as the usd has value.

>>49355685
This is the correct model that take into account the reduced % pump each bullrun has. Next run will probably break 100k but won't go much futher.

>>49355124
>>49355248
>>49355268
>>49355289
>>49355685

Someone plot the chart with log time and log price instead of plotting a random line without sharing the equation. Anyone can curve a line on software to fit a few points.

>>49362161
No wtf is this shit, the bull run was in because of the halvening like every other fucking time.

>>49355248
...and guess where we are now? we've bottomed out niggers....
whales are buying as well when you look at on-chain date
keep waiting for $15k though guys.

>>49362321
Graph is wrong and dumb.

>>49362208
My equation for >>49355685 is
price = exp(ln(day)*5.5058 - 36.1743), where day 0 would be April 26, 2009, day 1 would be April 27th, etc.
Selection of the starting date being arbitrary since time is arbitrary, but also affecting the log-scaling.

>>49355124
Miners aren't as powerful as they once were.

liquidity thats why

Normies FOMO'd into funny doggy coins instead of coins with muh fundamentals.

>>49355124
Because BTC has lost steam. It's not going to a million. Smart contracts, Web3, etc. are going to be HUGE though.

>>49355124
It wasn't weak, I made 10x on BTC and ETH both, and a fuckton more thanks to shitcoins. Anyone who believes the bullrun was weak falls into one of these categories:
>bought late right during the mania peak in march-april 2021 instead of buying after the covid dump
>is a retard boomer who failed to recognize that the normie money was going into DeFi ponzis and shitcoins and thought the market would heal/filter them
>muh blowoff top brainlets
>people who bought completely irrelevant projects during this bullrun when only L1s and L2 side chains mattered
>poorfags

Not my fault if you are retarded, too full of yourself for memecoins, a dumb sheep or a poorfag. See you next cycle.

>>49362690
Fundamentals seem like such a load of shit in crypto, numerous coins with apparent real use cases yet no actual users. XRP Vechain, RSR etc

>>49355124
Diminishing returns. 2017 ath also was a lot less x than 2013 ath. It's normal. The big question is, why did we have ~84% downs every time after the bubble popped, even tho the x was less. If we do it again, we will go to 12k.

>>49355268
what does your trannyism have to do with bitcoin price

>>49362760
The bull run was completely different from the past ones. No blow-off top followed by a dead cat bounce to 69k and now slow unending selling with 10 red weekly candles…it was a shitty bull run

>>49362760
in your opinion, is this the time to accumulate? When do you think the next cycle starts?

>>49362953
It was expected. Diminishing returns and normies yolod into alts (dog, shib, solana etc) which had a blow off top. Normies with their 500$ dont buy btc at 40k.

>>49355124
What is the point in having a crypto trend line starting at 2011 when the only crypto around was BTC. Alts only started to grow in 2017 and if you started your total crypto marketcap in 2015 you'll see it fit the logarithmic scale.

>>49355124
This is a fake-out. Top's not in yet. Macro factors suppressed a definitive cycle top, along with the fact that the cycles are lengthening. IMO we're in a supercycle and we will have another peak before the 2024 halving, surprising everyone, followed by an equally-surprising bear market post-halving that probably takes us back to the 50-60k level.

Bitcoin always shits on your plans. Wayyy too many people are now 100% confident in a halving cycle. Price-wise, it wouldn't make sense - that would mean, with diminishing highs every four years, we'd be lucky to hit 300k by the end of the decade. Given Bitcoin's growth, which is outpacing the growth rate seen by the internet, that's frankly impossibly low.

Either most people in Bitcoin right now are wrong about its underlying fundamentals, OR the four-year cycle theory is incorrect. It's one or the other.

>>49363239
I expect the top in November or December this year

>>49363239
nice cope mumu

>>49355124
Stock-to-flow, rainbow chart, and all other bitcoin price models, are dead.
Whales got too greedy last cycle and unwittingly destroyed a fundamental of bitcoin's price cycle.

>>49363673
This is like PERFECT bottom indicator: the post
every fucking cycle too...never change /biz/

>>49363487
It's possible, depending on the Fed's actions. Late 2023 seems more likely at this point to me but who the hell can say.

>>49357618
>use high leverage, get liquidated by a dip to 25 k
>use low leverage, pay out the ass in fees keeping the long open for months waiting for it to recover.

you can't win.

>>49363239
>>49363821
>>49363487
Massive rally in stocks and crypto coming into the mid term elections followed by a recession in 2h2023 where a generational buy zone will occur.
Markets always rally into recession.

>>49355124
Because it's not over yet.

>>49355124
The bull run in my opinion is yet to start. This is the best time to stack up your favs altcoin. I am holding my bags of ETH and SYLO.

>>49356030
Interesting. But do whales start buying in again at some point with their loot from retarded long poors?
I actually think BTC does go to 100k. I only own like a tiny amount, no real skin in the game.

>>49363239
Or the cycles as we know them are dead.
Bitcoin rn is literally like trading the US stock index with more volatility; fundamentals don't matter, hashrate doesn't matter.
Once FED reverses course on QT, Bitcoin will start to recover, just like the rest of the market.

The thing that was created to fight the central banking system simply got absorbed by it. It's a sad ending.

>>49364474
But number wouldn't be where it is now without the Jews. That's the tradeoff bruv

>>49364474
>The thing that was created to fight the central banking system simply got absorbed by it. It's a sad ending.
It was all bullshit, and what's left is people like CZ sitting on 100 billion worth of fiat while pretending to be pro-crypto. The entire space is fraudulent - especially when you saw Luna in the top 10

Don't worry guys, next bull run we are all gonna make it

>>49362953
>dead cat bounce to new ATH
lmao

>>49355124
I am expecting the real bull run to begin Nov. It is going to be the biggest we have seen. I'm accumulating low caps now like TRIAS, AXL. The latter is constantly building.

>>49359545
good assessment.

because of those fucking dogcoins
we begged you to stop
you lost all your money was it worth it

the blow off tops come from retail fomo and the retail fomo went into monkey jpegs and dogcoins this cycle. i don't expect we'll get a blow off top on bitcoin ever again, it will be some other stupid shit to mark the top of next cycle.

>>49355124
Because stocks pumped all of 2020 and more. That and dogcoins took up a lot of the money

>>49357047
a good point.

>>49363985
Don’t use leverage you poorfag dumb motherfucker.

The "Dogecoins took away all the money" argument doesn't make any sense considering crypto as a whole underperfomed and alts as a whole especially performed poorly.

Your argument would've made sense if BTC.D collapsed to 20% at 10T market in which memecoins took away all the profits but in reality this argument fail.

Kek, stop wasting your time anon, just check Streeth
>Best NFT art collection backed by doxxed team, investors and artists
>Staking opportunity with big yield %
>Audit by CoinScope

>>49355124
Did you retards really think memecoins would continue growing indefinitely? Like any Ponzi, there's only so much retard money to go around.

>>49365892
they're not contradictory points, dumbass.
Yes, alts underperformed and BTC.D never dropped much. these issues were also exacerbated by the dog coins draining away normie funds from alts with fundamentals.
less money went into alts AND much of that amount was also diverted into meme shitcoins

>>49356229
>he thinks muskrat started Tesla
This is who is giving you financial advice on the busi and finance forum of 4channel.org.

>>49355124
it's edgelording to the next cycle, then it's goona coooooooooooom