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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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49889134 No.49889134 [Reply] [Original]

Guys bitcoin is almost at $20k and I see more and more threads about jobhunting and job interviews. Maybe we will start capitulation soon. What do you guys think?

>> No.49889170

>>49889134
Nah the bullrun hasn't ended, it's a correction just like the July 2021 29k correction. We'll be at 100k by November.

>> No.49889189

>>49889170
>72% dump was a bear trap!
Kek

>> No.49889195

>>49889170
Bro, in November the fed fund rate will be 6% and in a recession.

>> No.49889204

>>49889134
You're really falling for the job hunt psyops, or are you a glowie?

>> No.49889205

>>49889189
Yes, we never had a blow off top.
>>49889195
The bond market has 5% rates priced in right now, google "efficient market theory" to learn how the market works bobo.

>> No.49889206

>>49889134
>We might be in a bearmarket
>Guys bitcoin is almost at $20k and I see more and more threads about jobhunting and job interviews. Maybe we will start capitulation soon. What do you guys think?
are you mentally disabled?

>> No.49889223

>>49889170
this mumu is delusional, meds

>> No.49889232

>>49889195
I forgot to mention that recessions are bullish, they force the Fed to print and restart QE. I look forward to BTC pumping off official recession news.

>> No.49889244

>>49889205
>Yes, we never had a blow off top.
And? Why is that necessary?

>> No.49889266

>>49889134
>Maybe we will start capitulation soon.
How do you think we got to where we are now?

>> No.49889284

>>49889244
Because it happens every bullrun. Despite what you mentally ill bobos were spamming, the weekly candle was above 20k and thus we never broke that cycle either.

>> No.49889350

>>49889244
Because bitcoin always has a blowoff top you fucking newfag

>> No.49889364

>>49889284
Patterns don't repeat forever in reality, and there's only been 2 instances of blow off tops, so you can hardly establish a solid pattern anyway.

>> No.49889387

>>49889134
Why did htey rotate the dumb orange bitcoin symbol slightly clockwise?
It just looks unserious that way.
I can never take it seriously
Bitcoin Satoshi Vision symbol I can at least take seriously because it's not orange like a Dane & slanted like a queer

>> No.49889393

>>49889350
>what happens in the past will repeat in the future

I hope you everything you dumb fuckin piece of shit. Kill yourself.

>> No.49889405

>>49889387
*Dutch

>> No.49889407

>>49889350
You're promoting some midwit reddit-tier view of how the market works. Thinking you can predict the future based on "cycles" that somehow, magically play out completely predictably forever into the future. This is worse than that Stock2Flow loser whose model got BTFO, at least he put some effort into his math shit.

>> No.49889421

Nah, still at fear
capitulaion at 5k
bottom ~500

>> No.49889437

>>49889393
>>49889407
>>49889393

>Multi trillion market is based on trends and patterns
>Nu-biz think they know better than trading bots and professional traders whos life revolves around these trends

>> No.49889468

>>49889393
Yes, that's how markets work. Despite what the lying jews, say past performance DOES indeed predict future outcomes.

>> No.49889533

>>49889437
Hahaha, dumb nigger. I've been in crypto since 2010. I was posting in Bitcoin /g/ threads before /biz/ even existed. You newfags think everything is as simple as looking at a chart and drawing a logarithmic regression curve to predict the future. Shit happens unexpectedly IN THE REAL WORLD that can affect market trends, which can't be predicted by simplistic mathematical models. A year ago I would have agreed that Bitcoin might going to 100k, but not anymore. It's time to let go and accept the fact that the pattern has been broken and we're in a long-term bear market.

>> No.49889559

>>49889533
So I was right all along

Thanks for confirming

>> No.49889617
File: 137 KB, 456x472, 1655172348363.png [View same] [iqdb] [saucenao] [google]
49889617

>>49889533
Priced in.

>> No.49889626

>>49889559
No, you were completely wrong and now you're in denial. Actually you've been in denial this whole time, refusing to accept reality and clinging to some broken model that says the bull-run totally isn't over yet, so just keep hodling! Professional traders are professionals because they know models aren't 100% and they know how to adapt to changing circumstances. You are not that.

>> No.49889653

>>49889393
Ever wonder how Technically analysis become a legit science

>> No.49889687

>>49889653
All the top traders use TA, you're a midwit.

>> No.49889914

>>49889205
We still already hit and are passed bear market support. I agree it was a horseshit bullrun, but fed killed the markets

>> No.49889950
File: 288 KB, 720x1480, Screenshot_20220619-121455_TradingView.jpg [View same] [iqdb] [saucenao] [google]
49889950

>>49889170
???? Nice delusion

>> No.49890702

>>49889134
>might be
wow, aren't you fucking brilliant OP

>> No.49891639

>>49889387
>>49889405
Dutch angle

>> No.49891924

>>49889170
you get it

>> No.49892151

>>49889170
100k pennies

>> No.49892288

>>49889134
Thinly veiled FUD. Bitcoin is currently experiencing transitory inflation caused by the war in Ukraine.

Once Putin ropes himself, everything will go back to normal. Expect 100k by October.

In the meantime, sell knockoff NFTs to retards so you can buy more BTC.

>> No.49892312

>>49889170
>BTC -75% from ATH
>ETH -84%
>All alts -95-99%
>Not a bear market

clinically retarded or just subtle bobo

>> No.49893535

>>49889170
Hey shit poster? Stop dreaming. This is more than a correction and a better time to buy only coins that will survive to the next bull cycle. Taking my eyes on LOX and staking on bitrue. I have a long term plan.

>> No.49893990

>>49889134
This is the time to start looking for alternatives to earn more money while you continue to DCA into good low caps. I'm slurping up SCRT, ROSE, ELA and MTL this period. I hope I bag enough before the next leg up.

>> No.49894114

>>49889170
>id b+c
Checked. Anon is right, as soon as the fed starts talking about helping the economy is when btc will go back up. All you have to do is pay attention to the fed rhetoric. As soon as they started talking about inflation is transitory, that was the top. The fed is your best friend for buying and selling.

>> No.49894127

>>49889421
god i wish

i would sell my car at 500 so i can slurp me 20 bitcoins

but we all know that wont happen
wont go below 10k i think

>> No.49894188

>>49889134
Call me a wagie but at least it's in the crypto space, I'm in Subsquids ambassador program. These bills are not going to pay themselves.

>> No.49894245
File: 51 KB, 920x921, 1655367583495.png [View same] [iqdb] [saucenao] [google]
49894245

>>49894188
The fact is most crypto companies are shrinking, I just lost my fucking job at cryptocom.

>> No.49894298

>>49894245
It is crazy out there anon, some companies are laying off staff and recruiting people from the 3rd world countries for way less pay.

>> No.49894447

>>49894188
Ambassador programs typically doesn't give anything reasonable.