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/biz/ - Business & Finance

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49392290 No.49392290 [Reply] [Original]

>bitcoin at 30k again
This isn't funny anymore

>> No.49392303
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49392303

>moneypox

>> No.49392309

>>49392290
its been at 30k this entire time

>> No.49392345

>>49392290
Likely going to keep going down, just off intuition here: It's been consistently crabbing for a few weeks then just dumping hard and stabilizing at a new low. It's likely just the bear market continuing as expected.

>> No.49392358
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49392358

>>49392290
You are clearly very poor.

>> No.49392359
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49392359

>>49392290
We'll stabilize anywhere between 10-20k
Anyone that thinks we'll go lower is a bobotard

>> No.49392507

If you look at the last few drops, and chart their size and slope. First drop had a sharp slope, and was the largest. Second had a flatter slope and was shorter. Third even more so, flatter and shorter drop. This last one has almost no slope (40 to 30) and over 2 years, its also vibrating between up and down.

I think Bitcoin is stabilizing to some kind of ideal, which will be around 30k.

Its prevented from growing by constant efforts of governments, and its kept from falling by demand and utility. Kind of an equilibrium for now. It could change later but I doubt in our lifetimes.

>> No.49393360

it's pretty funny OP