/biz/ - Business & Finance

>>52941699
Yes. And what makes it x2 worse on top of that is there will never be a bounce back afterward. The shitcoin fad is over because easy fed money is over.
Now the system is purging itself completely, and the ESG/bullshit economy is being starved to death. Which in the long run is a good thing, but all the ponzis based on hot air will all pop one after another.

>>52941743
that is, until the debt load becomes so crushing that the biggest ponzi of all unwinds in a massive conflagration

>>52941699
recession hasn't even started

>>52941743
Nah, bear market is almost over. One more leg down. 2 is the hyper max. Hoping they make the next one bad just so that it's easy to tell
>>52941699
Yep. This one is already longer than the 2018 one in terms of time it takes to reach the bottom
Also pic rel.

No shot. This bearmarket seems so forced compared to last one

>>52941699
I agree the memes are way less funny

We didn't have any serious fud during the 2018~2019 bear market.

In 2022 alone we already had all this. In 2023 we'll recession + regulation fud. Worst bear market ever.

>>52941699
for real, and 2020

>>52941699
for buyers maybe, for holders its held up better

>>52941824
We've already been in a recession. Faggots like yellen and biden lied

>>52941756
Yep, governments will never opt for deflation, so hyperinflation is the next logical step. And this is all done purposefully.
It's not a matter of if but when. Each 50 basis point hike add 200 billions USD per annum in interests to service our debt. All while taxes' revenues to pay it back are collapsing due to diminished consumers' spendings and lay offs, on top of raging public spendings to justify the existence of an overbloated, parasitic government.

No matter how hard they are twisting the numbers, ppl can feel inflation is only getting worse. Once it's getting out of control, we will have the last QE policy of the US empire who will ring it's final collapse. Every empire ended up the same way.

>>52941699
Nope. Not yet. 2018 was an almost 85% fall. So far it has only dumped about 77%. And the 2013-2015 bear market was 85%. And there were two others that were 94% (2010 and 2011)

>>52941765
Keep deluding yourself and sink your money in a bottomless pit, i'm sure it will end up well for you.

>>52941982
This but unironically

>>52941743
Unironically part of the misery is that we've pulled back so much the next "bull run" is barely going to exceed the last.

Of all rules in crypto, subsequent runs having less of a multiplier has always held true. For so many alts the current state means the next bull run wouldn't even mean an ATH.

No it's not, retard.

Most cryptos in 2018-2019 literally went to zero with like $5,000 worth of volume.

>Money supply POOOMPED UP inflationary spiral
>real estate about to crash hard anyway
>boomers going to panic sell their second, third, and fourth home before the hurt worsens
>looking to invest in other assets
>Hey stocks look like they're pretty cheap right now
>Hey why not buy some of these buttcoins, dogecoins, efferiums, etc

Bull market confirmed.

>>52942122
based and delusionpilled

>>52941981
This percent down from top is a shit metric. What is more important is that in all previous bears people who bought the breakout stayed in profit the while way. This time people who bought the breakout at 20k are deep in the hole. At the bottom of 2018 1k buyers were up 3.5x.

>>52942041
If it even does exceed it. The diminished returns this last cycle were so bad if next follows itll fail to even break ath for another bullrun to happen.

>>52942122
property has held up extremely well. frankly if it all dumped 20% now it would still have been one of the best places to have put your money in 2020 lmao.

I think foreign investment has had a huge impact

yeah?

>>52942557

This time its different I agree.

What people fail to factor in is the increased money supply since 2020. I mean in 2018 dollars, we are sub-10k already. So yes, this is worse.

>>52942557
Real estate lags. If the Fed can hold rates around 5% for a couple of years. Residential real estate is going to lose 25-30% by q3 next year.

not really, in 2018 we didn't see companies like meta, reddit, nike, stripe, starbucks, mercedes, ebay, flipkart, join the market like this year, and they're all building on polygon

>>52941743
brown hands typed this.

>>52942041
Depends on a lot of things. BTC next ath can be 125k+ and a lot of new shitcoins will moon hard. A lot of 2017 shitcoins didnt hit new ATH in 2020-2021, so thats nothing new. Most of the top 300 is absolute shit. So I am buying large cap bluechips and solid looking microcaps (1m-20mil) and nothing in between.

>>52942672
This guys gets it

>>52941699
It will definitely get ugly and that's why I have my fiat ready to DCA into ETH,BNB, MATIC and some other small caps HOPE, XPRESS, and AXL with their growth prospect

>>52942081
You appear to be a newfag who is merely dreaming big. bitcoin did a 12x from 2020 to 2021. I've accumated a sizeable amount of it along side more of payment tokens and they appear to be about to go bonkers.

Why did they print all the money during covid if they knew this would happen..
Exit scam for rich friends??

>>52942236
I'm up 8.5k on my shib stack currently. Comfy

>>52941784
>This bearmarket seems so forced compared to last one
No shit.

Pic is the reason Bitcoin stopped pumping and instantly turned bearish the second time it reached ~65k.

the longest time of the bear market is definitely already over, it will not go long, be glad that we could still accumulate favorably, bear market will end faster than it still seems now and then btc will be arround 30k for a longer time. then you wont have real good buy prices and its also not pumping to 50k or 70k, these months will be much crappier...