/biz/ - Business & Finance

>>52521455

I bought $800 worth. My average price is about $16k.

547 days before would be this month, but 517 days would be November 2023?

>>52521489
Read the screenshot date

>>52521455
>547 days away is November 2022
>517 days away is November 2023
What the fuck am I reading

>>52521489
>>52521518
If you gloss over the ESL he's implying the bottom is now
Why he wrote 2023 is a mystery to me

burger education. 1st may 2024 - 517 days = nov 23

>>52521455
im buying every week, no matter what price is

>>52521455
lmao
bulltard can't even rite wright
lol

>>52521509
Doesn't change anything.
He's talking about October 2022 and Novermber/Decdember 2023. Imagine listening to what some brainlet that doesn't even know what year he lives in has to say. RektCapital? More like RanjeeshCapital.

>>52521455
Am I having a stroke or is twitter OP having a stroke?

>>52521455
This guy has been wrong constantly

keep losing real money waiting some imaginary money that literally just a bubble and the bubbles have already popped

>>52521455
Plebs.
The future ruling elite class is accumulating Link since March.

>>52521455
>So who's buying btc?
Tether won't be pumping your bags this time around.

>>52521455
Imagine posting that to the Interwebs and thinking you're smart

can some actually tell me when the bottom is? thanks.

Apart from this being a gay coincidental occurrence based on a small sample size and no logic he got...every single date wrong somehow and doesn't even know how long a year is. Basically this guy is retarded.

>>52522775
So... time to buy?

>>52521455
Past performance is not indicative of future results

>>52521749
I tend not to read whole sentences, but imagine what someone is trying to say based on a few words, so that made perfect sense to me... I think.

>>52521455
lets just mindlessly count back the average of days completely ignoring the macro conditions
lol powell is going to violate your bussy soon
even so the halving is already advanced its expected in march not may

Past performance is the best indicator of future returns

>>52521455
patterns that happen twice will happen forever!

>>52523545
>Past performance is not indicative of future results
Yeah really. Getting sick of the "dude it happened twice so in terms of a statistical sample, that's good enough for me to base my entire net worth on."

>>52521455
Isn't it obvious that we have another year of crabbing? Or is the new FUD that the next halving won't do anything to the bitcoin price?

Each halving becomes 2x as irrelevant as only half as many bitcoins are at stake

>>52521455
We are currently 489 days from the next halving, dumbfuck.

>>52526667
>Or is the new FUD that the next halving won't do anything to the bitcoin price?
BTC circ supply is already 19.2m you fucking donkey, a halving will do jackshit

>>52526676
Diminishing effect from the halving is certainly true, but it is definitely not to the point where it is irrelevant. It's still a positive force and is going to have a big effect even if it's just from increased excitement and attention in addition to the issuance rate decreasing.

>>52521455
I bought 4000 cad cuckbux worth of btc last week

>>52521455
Bags primarily in ETH but i'm actually getting BTC fomo for the first time in a while. DCAing in.

>>52526729
All future halvings have been priced in.

>>52526676
i dunno. with supply approaching peak any increase in demand will certainly have an effect. we just need that spike in demand. failing adoption/utility i have a suspicion that bitcoin will end up a virtual collectors item of some kind so i have faith the price will continue to rise albeit slowly

Has anyone talked about what will happen once block mining rewards are over? Does bitcoin collapse once the final BTC has been mined?

Genuinely asking.

>>52521455
Halvingtards must be shot
The halving has varied by a matter of months in the year, yet the 4 year cycle ticks on, top in November, bottom in November (+/- a month)

>>52527033
>That's the problem for future generations.
This is the consensus for now

>>52527033
everyone knows what has to happen - they have to increase the supply and give them to miners in transaction fees

but nobody talks about it because we're sticking to the "only 21mil ever" meme for now, kek

>calling the bottom

>>52527099
>t. >>/biz/thread/S1214767#p1217270

>>52521455
no one is buying it, it's all tether pumps and wash traders passing it back and forth.

>Bitcoin has never had a double top and reached a new ATH in the same year
>Bitcoin has never went lower than previous cycle ATH
>Bitcoin has never experienced a recession and uncertain economic factors
(you are here)
>Bitcoin has always bottomed before halvening event

>>52528570
rekt

>>52529621
Yea that guy was on fire that day, kind of respect him despite his racism lol

>>/biz/thread/S1214767#p1217467

Me

>>52521455
is it just me, or is this guy completely and utterly retarded and why is he being posted here or have any followers?

>>52529723
Yes, not even dates, even the numbers are wrong.

>>52529723
So far it's been bottoming approx 400/540/511 days before halving.
Next halving is ~march 23, so that gives us bottom approximately today (this and couple next months).
Not counting in other factors (economical recession) of course.....

>>52529634
all of those people that said i will buy all the way to the bottom made out like bandits despite being called total retards at the time by biz
really makes you think about today doesnt it

>>52523626
shut up third world brownoid no one cares about your poor opinion

>>52531531
>all of those people that said i will buy all the way to the bottom made out like bandits despite being called total retards at the time by biz
>really makes you think about today doesnt it

it was the same in late 2018 here, every faggot was saying it was going to 1600

>>52521455
no new money coming in = literally the best time to buy? it cant go down from here since theres no one to sell to- is this the literal bottom?

>>52529634
>despite his racism
I respect him even more for that.

Fuck niggers and kikes.

>>52522201
1>5>2>3>4
I'd fuck all of them raw but only 1 would get the pleasure of missionary.

>>52529621
Why didn't the tulip farmers think of this?!

>>52531597
2018 was different tho, i was fully here then
back then everyone knew crypto was here to stay and would rise from the ashes
in 2016 crypto was untested, used previously by marginalized users and just witnessed mtgox the first major black swan in 2015 the despair was real, just like it is now with the global macro being what it is
2018/19 were a light summer breeze in comparison

>>52529634
>despite his racism lol
baiting or not, gb2rdt and kys nigger

>>52521518
happens often to us time travelers

>>52523942
>thinks that events cause markets to move and not the other way around
how long you been investing for, newfag?

>>52533009
where have you been this whole year
everytime the market tries to price things its way and powell steps up to a mic and nukes all the markets again, it happened 5 distinct times now
no it really isnt the other way

>>52521455

>crypto """"""""analysis""""""""

>>52521665
Based. That is what I am do no matter how low it goes.Loading some low caps : MDX, RAIL and CVP just so I get well positioned for the bull cycle

>>52521469
>>52521469
Is this not a capitulation sign?

>>52536387

I don't understand your question.

>>52521656
you retarded faggot kys

>>52521455
The FTX hacker.

>>52536436
So yes?