/biz/ - Business & Finance

>>52560557
This is just the despair stage, someones gonna post it ITT or else my post number is quads

>>52560627
sorry meant capitulation, I am clinically brain dead

Wtf, a 2017 og from Twitter?

>>52560557
God damn it’s getting harder and harder not to buy when shit like this is going around

>>52560557
Whats the utility for crypto anyway? It’s not even that anonymous, and i dont think drug dealers even use bitcoin to trade anymore

>>52560557
lmao

Why do these people talk like children? Why can't they just say Hold like a normal adult person.

>>52560746
to make me rich

>>52560746
They usually use Monero.

>>52560775
Because it's all apart of the ponzi jargon.
Diamond hands, anon!

>>52560677
Kek
>>52560746
Dyor, Hernandez.

>>52560775
Ironically both you and the twit saying "hodl" unironically are equally retarded.
It started as a dab on cryptchuds, "urrrdrrr jus keep hodlang guies, eh Gongo up soon"

>>52562282
Wrong. Hodl is bitcointalk meme.

>>52562282
You just spoke like that and i'm the retard? You know what to do

Until Tether is flushed out of the system we will not know what the real price of Bitcoin is. But it will be much, much lower when the truth is exposed.

FWIW I believe in bitcoin as the underlying asset. The market manipulation that’s been occurring is just staggering

>>52562558
No you nigger it started on hackernews then bitfags started using unironically.
>>52562590
Go back, Please just go back to whatever bunkertranny forum or Instagram newsreel you came from. I am sick and tired of homosexuals on my goddamn board.

>>52560557
i half expect it to be frontrun. similar to how 80k was "a sure thing" when we were at 60k. but idk it seems like "only down" is working out pretty well for bobo at the moment.

>>52562948
I came from speaking with adults at the iron ore mine i work 12 hour shifts in you absolute mongoloid shitskin tranny faggot low iq pedophile

>>52562948
Nice try retard
https://bitcointalk.org/index.php?topic=375643.0
Gl finding HN post before this

>>52562948
why are midwits always so cocky? you think spamming nigger and faggot and leftist makes you automatically correct? toddler behavior

>>52563593
Go fucking back you normalnigger
>>52563987
First use of the word "hodl" in Bitcoin talk was in 2014, how dumb are you? It's literally just a misspelling of "hold" in a shill post that got ridiculed. Bitcoin Discussions on HN go back as far as 2009.

>>52560557
Most people visit reddit, especifically /r/bitcoin with 4.7 million members, are being told to hodl. Just hodl bro, you'll make it. That's their motoo.

$20k - hodl
$30k - hodl
$40k - hodl
$50k - hodl
$60k - hodl
$70k - hodl
crash to $15k - still hodl

Do you see the problem ? There's no exit strategy which is a bad thing. Selling is discouraged there, they'll make you feel bad for selling. Discussion about price is banned, discouraged and not popular. Only the tech is allowed. Yes, we need a sheep like them to get into $100k BTC bullrun next, but people on /biz/ should really know that selling bitcoin is a good thing.

tl;dr: hodling is for lazy people. Normal people take and realize their profit.

>>52564014

>>52560644
We're in denial right now, going into panic. Real capitulation begins soon. You'll know the bottom is reached in a few years when there's almost no crypto threads being posted on /biz/ and it's mostly side-gigs, stocks, commodities and precious metals.

>>52564097
wow it's almost like it's in the interest of people having bitcoin for others to buy it and not sell it, like it's a ponzi scheme or something, thanks for the tldr though retarded reddit tourist

>>52564097
maybe they believe bitcoin will become the global currency?

I cant see under 10k, there would be absolute massive buy pressure at that level. under 12k is looking likely but who the fuck knows. if theres some other system shock like FTX all bets are off.

>>52560557
sub 7k

>>52560644

I think it'll dump to 11.5-12k first and crab a bit around until people say "this was it, the absolute bottom". It will then dump straight to 8k and absolutely destroy every le heckin epic dipbuyer. That will be the real bottom.

>>52564072
You are a scum americano, you think you a special, you are not.

>>52564197
This timeframe is completely messed up and nonsensical. The first part leading into disbelief is almost a bull and bear cycle in itself

Picrel is more accurate imo

>>52564116
Lol nobody believes that. People buy crypto in hopes that another gullible faggot will buy it from them at a higher price than what they paid for. Crypto is a ponzi scheme and niggers who tell you that "they're in it for the tech" are either lying or deluding themselves.

so everyone knows it should go to zero but people hope that somehow enough other people won't realize and it will retain price. ok, but how could anyone think it will go up?

>>52564600
>teen

>>52560557
>How are they so rich
>Because they sell sometimes
So he's saying shitcoins are basically worthless and the only way you get rich is passing the bag to a greater fool who's willing to give you real money. Good to know.

>>52564105
Nah that's retarded, things get more "talked about" naturally through the cycles. We already had the capitulation event, were actually more near ppst anger, ppl are angry as to "how did govt allow SBF and Do Kwon to get away with this?" It's pretty obvious, well have one more dip to signal the end of depression and that's it.

>>52564362
Yes this is more accurate.

>>52560557
if 90% of twitter is expecting it, of course the opposite occurs
90% of CT also said crash to 10k back in june

>>52560557
Richard Heart says we are going to 11k so we are going to 11k.

>>52560644
>through

>>52564072
Post source of hodl on HN before 2013 or stfu

>>52564362
According to your chart we're supposed to bounce next month to 25k. Only time will tell who was right. There's nothing nonsensical about my chart taking in consideration where it starts. I would say it's more accurate than yours.

>>52565128
Not all values will align one to one, but I can see us getting some upward action in the coming weeks.

>>52560557
This week is the biggest bottom signal bear nigger euphoria moment I've ever seen you have threads where half the newfags and boomers are calling for a 3k bottom.

>>52560557
So the genius in pic related never sold, never trades, just buys sats and holds. But he would sell some now, at the absolute lowest prices he's likely to see. Buying sats cheap now instead is not an idea he had. Is he larping?

>>52560557
People don't understand what wealth cycles are

>>52560557
Bitcoin only 3x'd the 2017 ATH, compare that to 20x'ing the 2013 ATH

>>52565021
Stay mad, glownigger, I'm not doing your homework for you.