/biz/ - Business & Finance

yes they've been hinting at it by saying "everything will return to normal unless some black swan event happens"

>>52922924
Bitcoin is near fair value but the alt-pocolypse has yet to occur. Alts will continuously sink for most of 2023.

Smart money is saying that the bottom will be between 6k and 12k, only the dumb money is say that the bottom is in.

>>52922924
>>52923129
You guys are delusional most alts are down 90%+ and this is the worst crypto crash of all time. What is it you expect to happen here, exactly? Everyone in crypto just collectively decide they’ll all sell and never buy back in? Weak hands are out already, only slurpers are left. Volume is dead across the board. The second the economy turns around be it in 2023 or 2024 crypto is going to rip. If you aren’t DCA’ing now you are literally not going to make it.

>>52923129
Alts are all way oversold comparatively dipshit, that's why none of them reach new lows during the SBF market crash. BTC dominance excluding stablecoins is way passed the upper limits of a bear market.

>>52923150
Cardano currently has a $9 billion market cap. It's true worth is a lot closer to zero. The bear market has barely begun.

>>52923150
stock market has room to go down therefore crypto has room to go down

>>52922924
The truth is right now is the time to buy fren. Things are going up in a big way next year, recession or not.

I remain bullish as an investor but don't expect the same out of the overall economy.

>>52923150
>2026

>>52923129
define fair value

>>52923194
The bear market began over a year ago mate

>>52923418
Exactly: it has barely begun.

>>52923391
Realized Price minus Transferred Price.

>>52922924
>not seen real capitulation
funny lets see some stats on that because we had 4 historical capitulations this year with the last one the single biggest ever and it didnt really move the price all that much lower in the end

>>52923152
>excluding stablecoins
its funny how the retards cant do this calculation by themselves

>>52922924
btc went down 77%, retard
Bear market is closer to ending than not

>>52923781

>>52923793
>newfag's first bear marker
Precious innocent kid

>>52923793
cope more faggot, you are a literal mouth breather being priced out as we speak

>>52923150
this post legitimately triggered me. holy fuck. how are you measuring "down 90%" on fucking coingecko you asshole? 2021 VAPORWARE SHIT IS WORTHLESS. HOW ARE YOU NOT UNDERSTANDING THIS???

I only read the first sentence then I see...
>bitcoin is going to rip
FUCKING TELEGRAM JEET LINGO?? HOW CRINGE CAN YOU BE IN ONE FUCKING POST???

i fucking hate everything about you anon. DIE in a fucking fire.

>>52923869
Dont make it so glowie you like the taste of shekels kike

>>52923901
Record your window jump for the class?

>>52923915
What the fuck are you even saying? Me calling you out for your retardation is somehow me being a "glowie"? Do you even know what a glowie is?

>>52923923
Ive been called worse, now get back to sucking kike dick. How were those SBF orgies? I take it you were the perma bottom

>>52923937
What the flying fuck are you talking about, you stupid down syndrome fuck?
>he disagrees with me therefore he's with SBF!
What a fucking child

>>52923949
Im sorry, i dont speak kike.and because of your mouth ill sell some more coin and drive this bitch down more. Cope, seethe and dial 8 faggot.
https://youtu.be/q6GyTBVAF4w

>>52923958
>you btfod my ass therefore you're a kike!
Kys

>>52923966

>>52923966
https://youtu.be/Z2YiRgGjF1Y

>>52923129
yea this
BTC has likely bottomed
Alts are about to get rekt

>>52923914
Why are you so angry

>>52924885
This is retarded logic. Go look at the date where alts bottomed in 2020. You'd see they bottomed with btc and then what happened? They did 20-100x+
Also chances are we'll have another leg down before btc truly bottoms. Giant bear flag

>>52925059
Alts / BTC are nowhere near the bottom


another word of advice: don't buy last gen alts. They won't do shit in he next bullrun. Wait for next gen to drop in 2023 and buy those

>>52925156
I've been here since 2018 aka I have more experience than you. Also you clearly don't know how this works. They bottom around the same time.
Also "don't buy last gen alts" LOL. Doge was from 2013 and made people rich. BNB is here to stay. So is eth. Matic too probably. Ftm is high risk, but I can see it staying.

batto med

>>52922924
I gotta say, I'm impressed that the whole FTX thing didn't bring BTC to the 13k region. I still think the bear market is gonna go on for a little while, but I don't think it's gonna get much worse.

>>52922924
Who is this

>>52925302
>I've been here since 2018 aka I have more experience than you.

>>52925302
>I've been here since 2018 aka I have more experience than you
disturbing that people are bragging about this right now

why the fuck would anyone use FTX over anything like coinbase, binance, or kucoin? something that has had at least more time to create a reputation for itself.

>>52925302
I've been here since 2016 tho


PS: 2023 is gonna be a 2019, not a 2020. 2024 is gonna be 2020

>>52925959
Everyone uses Coinmetro now

>>52925959
Why would anyone use a CEX at all with no custody over assets and censorship risks. Private non-custodial and wallets are the only options for me.

>>52925156
Discovered ORE being a low-cap alt. Next gen or not, it has everything it takes to go to the moon in the next bull

>>52925959
>>52926382
Why would anyone still use a CEX right now? with the custodial and censorship risks associated. Private wallets and DEXs are the only options for me.

>>52925486
Cryptocurrency is way more resilient than you think. Wait for millions to get onboarded then you will see its full potential

>>52926889
Based anon, after the Celsius and Ftx meltdown I had to move my Bnb, Egld, Zpay, Ride and Dot to my ledger

>>52923150
this
bearfags were exactly the same in 2019, saying BTC was going sub $1k and capitulation hadn't begun
meanwhile the bottom had occurred months ago at $3.2k
everyone here is going to fund endlessly until BTC is $50k and rising

>>52924885
Many jeets are anticipating 2024 for a recovery. What are your thoughts

>>52922924
100% yes

>>52922924
>asking a board that doesn't read equity research reports or understands valuation models or fundamentals of private equity about next year markets

Crypto can dump and crab for the next seven years and this board would be occupied by link threads where anons call sirgay a fat jew and chainlink deserves a marketcap of 900 billion dollars. XMR general is unironically the most business oriented thread here and thats a stretch.

>>52923958
>blithers schizo bullshit
>accuses anons of being glowies in SBFs inner circle for disagreeing
>sells near the bottom to own anon
wow you sure showed him who is boss

>>52923194
it’s so funny watching crypto tards spout the notion that economic markets are inherently rational systems that tend toward a fair distribution of wealth

>>52926220
Nothing you say makes sense. Alts follow btc. Simple as

>>52928729
All bubbles ultimately burst.

>>52928814
you don't know anything and go by feewings instead of looking at past data

>>52928871
>past data
There is none, you embarrassing retard. Crypto didn't even exist before 2009.

when Binance falls, Tether will follow soon after
and when Tether falls, BTC goes below $1K

>>52929008
??????? You stupid fucking idiot. Why the FUCK are you even mentioning "pre 2009"? You're literally fucking ignoring all the data that is available and just saying "dis look expensive so it's gonna go to zero". Kys
Bear market isn't done yet, but holy shit, you're stupid.
>it's not over until every alt is zero!
Midwit take. That's not how it works

>>52929099
Your shitcoins are going to zero, zoomer. I know you think 10 years is a long time but it isn't. You will understand better after your acne clears up.

>>52929099
commodities have an intrinsic value
stocks have a book value
even fiat currency is, at absolute base level, accepted by the national government as payment for taxes and other services

crypto has none of those (unless you live in godforsaken El Salvador)....the floor is zero

https://www.youtube.com/watch?v=Fl1gfZS0fGs

SBF will do LIFE KEK

>>52929149
1. I've been here longer than you, projecting faggot
2. Btc maxis are retarded. Even doge hasn't died since 2013. Why the FUCK would they magically die now? Literally retarded. Your emotions don't determine what the markets will do
3. You're younger than me LOL.
>>52929173
>muh intrinsic value
EVERYTHING trades like musical chairs, dipshit newfag. The longer you're in the market, the easier it is to realize this. Secondly if "muh intrinsic value" actually mattered, why the fuck is doge alive since 2013? LOL
You stupid fucks don't know how markets work. End of the day all that matters is where btc is in the bear market. It's not like big money is going to look at doge and say "well btc at 10k is good, but doge is still alive so I'm not buying btc yet" LMFAO
Fyi bitcoin is labeled as a commodity, dipshit so even going by your rules, it's still survive (but again, your logic are normie retard tier. You'll gain more experience with time and then what I'm saying will start making sense to you)

>>52929241
60-IQ zoomer detected

>>52929286
Mentally ill tranny detected

>>52929286
>I don't have an argument s-so YOU HAVE 60 IQ!
>heh. Gottem
>also I'm a zoomer, but I'm gonna pretend I'm not and call YOU the zoomer
>fuck, I'm so smart

>>52929319
Your posts speak for themselves, kiddo.

>>52929376
>you're a kid b-because you just are, okay?
Kys

Alts have been bleeding against BTC lately. This will continue as BTC goes sideways. Powell is going to get his breakage in Q1 or Q2, major economic problems ensues, the Fed pivots. Rate reduction isn't going to cause the market to bounce back immediately but at some point they start the money printer again. 2023 Q4 we get a bump back to ATHs. Although the altcoin market is in question due to regulations. We may see something big like Ethereum imploding.
Good luck anons

>>52929412
If you can't tell how foolish your posts in this thread are after rereading them, you are beyond salvation. Also, you have to be 18+ to post here.