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/biz/ - Business & Finance

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52419800 No.52419800 [Reply] [Original]

>people constantly saying crypto is dead
>pink fields of rage and regret
>even r*dditors are getting demoralized
Bottom is definitely coming in now

>> No.52419834

>green frogs calling every little dump the bottom
not even close

>> No.52419933

>>52419800
I generally I agree as I'm seeing the same thing. The one little problem is there isn't much liquidity for us to pump from 16k...we probably need to nuke to 14K to 15.1K in that range to start a massive green dildo.

>> No.52419999

>>52419800
1) What

>> No.52420025

>>52419999
WHAT

>> No.52420033

>>52419800
I'd say another drop of about 50% in a month or two and that'll be around the bottom. Unless we get lucky and it goes to 4k.

>> No.52420062
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52420062

>>52420033
This, might be months of slow bleed before that though. Either way, the time to slurp is coming.

>> No.52420066

>>52419800
>GPU Mining is no longer profitable
>CPU Mining is literally icefishing for quarters and half-a-cent speculative mining.
>ASICs only work with economy of scale, only fits into Washer&Dryer outlets.
>FTX is now bankrupt.

>> No.52420084

Nope, /biz/ has to be saying it's dead too first before the real bottom. Try again at 6k maybe

>> No.52421161

>>52419800
Bottom is in when redditors forget about crypto. Bottom is in when everyone is desperate for a little pump and it drops %50.

>> No.52421520

>>52419800
maybe everyone but you see's it for the bullshit that it is.

>> No.52421585

>>52420084
>>52421161
>>52421520
bottom signal