/biz/ - Business & Finance

>>5095875

newfags who bought above 15k will tell you that we are in the Enthusiasm phase.

stealth phase just moving into awareness

>>5095875
Delusion
I'll be waiting when despair hits -_-

in delusion

Greed-almost delusion
19k will be full delusion,then 21kish
New paradigm

New paradigm. It's not denial until the drop is visible from the 1 week candlesticks

Get ready to get cucked nocoiner

>>5095875
Nobody really knows

greed

about 4 years after "Return to the mean" before new "Enthusiasm".

return to "normal"

were not in the euphoria phase until people stop worrying about if the price will keep going up. fact. euphoria phase of a bubble is when everyone believes were in a new reality.

>>5095875
Delusion. Bitcoin failing as a currency and merchants dropping it because of the fees yet people pretend it's not a problem and keep buying. Those fees are also discouraging people from moving their money off exchanges making Bitcoin de facto centralized, the very thing it was designed to thwart.

We're roughly at the 1999 level in this picture. Blockchain and crypto will take over.

>>5096104
I believe in crypto but let's not be fucking delusional. Vitalik literally admitted on twitter two days ago he thinks all of crypto is overvalued as fuck.

>>5096182
And Bill Gates didn't invest a lot of money in the development of the Windows 98 Internet Explorer because he thought that the internet wouldn't be widely used by the general public.

Let's be real, there will be more and more application for BTC while they continue to get rarer, there is no reason for their value to collapse.

certainly greed

>>5096182

He is an autist with a concentration on technology. He doesn't understand markets at all, he isn't an authority on what the final value will be.

Enthusiasm

despair :)

>>5096331
> there is no reason for their value to collapse.

whales start cashing out too fast, causing panic selling

people start realizing how outdated the bitcoin tech is, and move to another coin

>>5096331
>someone finds a mathematical or game theory flaw that destroys blockchain
>all of crypto dies overnight

It would make Mt. Gox look like child's play.

Smart money is accumulating

>>5095875
Don't be Faggot anon

>>5095875
Right here
Newfags and nocoiners WILL deny this.

>>5095875
Enthusiasm.

>>5096428
Keep wishing you nocoining Faggot

we are well underway in the media attention phase.
how can anyone not agree with that?
we've still got a ways to go

>muh analysis

>>5096527
and just going by that chart, if we are in the media attention phase, this bullrun looks to top out at possibly 50k before a substantial correction.

Fifty fucking K people..

screencap this

>>5096527
Media attention started months ago around 8k. Look at the actual chart. This market has around 3 month before it crashes.

>>5095969
This.

Chad bitcoin holder and we laugh at your virgin "bubbles" and FUD

>>5095875
we are at early awareness phase, the institutional investors only recently started getting involved with btc(futures). if we compare btc to tulips, it's in early stages, you can't even buy a lambo with one, let alone a mansion.
i don't even hold btc by the way.

>>5096573
There is no scale in the time axis you fucking moron, that could be 10 days or 50 years

>>5096602
You're so fucking stupid holy fucking shit please just end yourself. How the fuck is everyone on here so fucking retarded my god.

>>5095969
this always makes me laugh, thanks

>>5096602
Is that accurate?

One tulip bulb could buy you a house in Amsterdam? Seriously?

>>5096521
I have bitcoin you stupid fuck. You don't understand how fragile this entire thing is.

>>5095981
only correct answer

Why is /biz/ unable to comprehend things that go beyond mooning and muh bubble?

>>5096639
my opinion is just as good as any, nobody saw btc getting this far, noboy knows what future holds. i know wallstreet whales were playing with bitcoin for a while, but only few days ago it became "official".

>>5096611
Actually, there is. I could happen anywhere between now and March. It wont go longer than that unless someone miracles 5 trillion dollars to pump it. Its called a trend, check it out sometime.

>>5096872
>Actually, there is
Objectively wrong

>>5096664
That's a very rare bulb.

>>5096902
Spoken like every euphoric market gambler.

>>5096977
>Look at the actual chart
>looks at the chart
>"Time"
>no other markings, doesn't say days, weeks, months, years
>The is no scale in the time axis
>hurr ur dumb xd

>>5095875
Absolutely "return to normal". Today's 8% pump confirms it. Correction starts Monday when futures fully go into effect

>>5097019
I thought for a second no one can be this stupid but I know for experience thats not true. Anyways im going to bed.

>>5095875
Return to "normal"

>>5096674
it's proven itself reliable for 10 years now so ur just a fag

>>5095922
This. Reality is we're in the Delusion phase.
Just a little higher before it happens.

We’re still in the media awareness phase. You still have plenty of people scared of this because it’s going up so high. Yes people are buying in right now but many institutional investors think this is just going to be a bust in the end.

>>5096573
wasn't 8k like last month?