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

/biz/ - Business & Finance

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49981354 No.49981354 [Reply] [Original]

The most bearish thing for bears is that even after this much dumpage /biz/ is still a hive of activity.
Last time we hit this level of drawdown the board was dead.
It's over for bears, permanently, there are simply too many retards on board now that will never be scared away.

>> No.49981384

>>49981354
There's bull market activity and bear market activity. Bull market /biz/ is 90% jeet shilling and 10% actually crypto discussion. Bear market /biz/ is 90% doomposting and 10% jeet shilling, crypto discussion just sort of dies

>> No.49981389

>>49981354
Exactly why it's going under 10k to scare them and the redditors away. It's not possible for this to be the bottom as most dumb money is still reasonably bullish, no market cycle bottom ever has a significant amount of retards accumulating.

>> No.49981398

>>49981354
By your own theory it means we will go lower.

>> No.49981400

>>49981389
This time it is unironically different. Nobody believes "crypto is dead" any more, all the banks and shit are talking about getting into DeFi, so everyone knows it's literally just a game of timing the bottom instead of bailing completely.

>> No.49981403
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49981403

>>49981354
We are in a mushroom market. What will actually hap-

>> No.49981423

>house prices!
>I can't get laid!
>shitcoin #4829
>LINK threads
>generals
>coomer posting
>doomer posting
>mumu/bobo threads
>TA faggotry
>great reset threads
/biz/ in 2022 is something

>> No.49981437

>>49981423
Since LUNA it's been non-stop drama and happenings with almost no pajeets shilling ElonCumInu this is peak /biz/ right now.

>> No.49981439

>>49981400
Nah it's not, this cycle plays out the same way throughout history, predating crypto by 100s of years. They are all still bullish and waiting at the current prices, they won't be at the bottom. There has never been a market cycle where the dumbfucks actually bought low and sold high, they ALWAYS do the opposite.

>> No.49981456

>>49981439
so where does the sell pressure keep coming from?

>> No.49981473

>>49981437
>this is peak /biz/ right now.
grim

>> No.49981499

>>49981456
Most likely from institutions, the normans don't have big enough bags to dump this shit significantly, they also tend to sell at absolute bottoms of market cycles to pay for expenses.

>> No.49981507

>>49981473
It was never good. But it's certainly a lot less shit than it was.

>> No.49981540
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49981540

>>49981400
>This time it is unironically different.

>> No.49981542

>>49981354
they're still here because they still have money.
when the recession hits and there's no money for these retards to invest, they'll be more interested in actually surviving than posting here.
that's when posting dies off, and when we hit bottom. long ways to go (in terms of time, in terms of price who knows)