/biz/ - Business & Finance

>>53004162
There are no buyers.

>>53004162
your yellow line literally shows it's going to 12k

normies are shitting up TSLA and you think theyre going to buy your buttcoin bags?

>>53004162
you're the bottom

>>53004162
>Bottom is in
sell signal

>>53004281
Low IQ bizniggers doing the opposite of an OP is a opposite signal (OP says buy -> low IQ reply says sell -> means buy is right)

>>53004162
whats the length on your daily lines
you should make the same graph for total crypto market cap, also very revealing

>>53004162
just bought 100k

>>53004219
There are no sellers. Plenty of cash sitting on the sidelines at the moment. Everyone was saying $100k BTC and now everyone is saying $10k

>>53004162
>Twitter normies all waiting for 10-12k (not gonna happen)
biz NPCs too, plus literally every fucking indicator is flashing buy for months....

>>53004620
Bro people been saying the same thing at 40k

>>53004796
nobody with brains thought 40k was the bottom
the june rebound was the first real buying moment this bear
dont confuse the retards or worse the paid jeets and shillers with the biz hivemind
especially in the jan-april period we got raided hard by coordinated teams

now anon think real hard which outfit was there back then and isnt anymore thats on the public record stating they are actively influencing the cryptosphere

>>53004162
>Bottom is in
We all know this only this one shiny rock tranny who is seething about crypto 24/7 still thinks we will drop more.

>>53004937
Jews?

>>53004162
>12k not gonna happen
>Draws imaginary prediction line to 12k

>>53004162
>Twitter normies all waiting for 10-12k (not gonna happen)
If not the bottom, its close. 12-14k much more realistic.

reminder, saylor moon liquidation price is 3k

>>53004162
Stop telling people, we can watch them seethe in a few months when they realize they missed the bottom... AGAIN!

>>53005721
Stop it, anon, I can only get so errect.

>>53004219
>There are no buyers.
Coinbase, trade history.
Says otherwise.

>>53005033
This. OP is the biggest retard and can't understand his own chart.

>>53005758
at that point you can fud them its just a short squeeze, exchanges liquidating some bobos on the way further down
it worked in 2019 and got people to short at 5k+, it was glorious
and back then you had to navigate the restrictive reddit interface, now you are free to shitpost to the normies on musk free for all twitter

>>53005777
Check 'em

But people are saying that it's impossible that crypto won't dump to 9k because we'll see one of the biggest recessions of all time next year

>>53004219
I will buy it all myself.

>>53006453
People are famously always right.

>>53004162
>ere is the 2018 crash overlayed with the 2022 crash

>Halving is in 16 months
Priced in.

>>53004162
The Fed lowered rates in 2019 though... The Fed is now raising rates. It's idiotic to buy risky assets when rates are increasing. You know if it's risky if you can't explain what it is to your grandma.

>>53006736
It wasn't risky when feds were increasing rates in 2017

>>53004219
>I only buy when people are fomoing AKA the top
yeah we can tell

>>53004162
If we're being realistic, the bottom is 0

The fad is over, just accept reality ffs. You'll never figure out the next x10 if you remain hypnotized on dead shit. You are like old boomers who believe stamps' collections will become trendy again any day now. Meanwhile their $45K collection from the 80s isn't selling for 10 bux on ebay.

>>53004766

It is the same as when the top was in for months on end. I have 50k sitting in the bank I am supposed to use on a roof, but at these prices I am strongly considering to limp on BTC instead. Doubt I have the balls tho

>>53006453
the last recession was so long ago (the coof fakeout notwithstanding) that people have long forgotten what average recession are like
they all thinkl we are going to see a worse than 2008 jsut because we have to ok
they have long forgotten or were simply not really around to know that there was a recession repricing in 2007 and 2008 was a very unique banking crisis where people thought their brokers/banks were going to rugpull them like some crypto exchange
yes for all the talk about safety and risk in crypto versus tradfi it was a real possibility that all money was poof in 2008
this is why the spy traded like a shitcoin chart

in short none of that stuff was remotely normal and it will not happen again
jsut look at credit suisse at the first minor hints of trouble the liquidity firehose was sprayed all over the place

so what you are really betting on is another financial apocalypse that will kill the tradfi market to the ground
which will not happen in ww3 against russia nad china and even if it did crypto in self custody is the very best single asset to own at that point
because even if you did cash out into anything, that anything now is either worthless or cant be traded anymore
its truly peak midwitttery, but as always the majority is always right, right?

>>53006463
So it is another 99.99% drop from here until you can afford it.

Old credible tradfi guys are waiting for another 50% drop while most crypto natives think we've bottomed or are very close to it.

One thing they both agree on is that we have plenty of time to buy, this year the total crypto market cap will probably end up unchanged

It's over / too early, check back in December 2023

>>53006532
Each halving is less and less effective. The next one will probably be unnoticed depending on whether we're still deep in the bear market

>>53004162
>he thinks that the price will triple bc it did last cycle
>everyone thought the price will do at least 10x bc it did 20x the cycle before

I have no idea what will happen but since the mcap gets bigger it gets way harder to increase price. Next cycle may be just to ~100k. And even then we should be grateful.

>>53004796
>>53004937
At 40k people weren't even looking for the bottom. They thought the top wasn't even in yet lol

>>53007038
Good post.
>>53007135
>One thing they both agree on is that we have plenty of time to buy, this year the total crypto market cap will probably end up unchanged
Good. I look forward to not buying the falling knife anymore and actually making money again. Fingers crossed.
>>53007314
>Next cycle may be just to ~100k. And even then we should be grateful.
I agree but at least it'll be a 6-10x from the bear market bottom by the next top, which is still excellent.

you'll know the bottom is in when you trade all your worries for whiskey and gin

>>53004162
Baste OP.
Most of the morons are now waiting for $10K.
Bitcoin miners going bankrupt and turning off their rigs. Difficult dropping off.
Shitcoins about to be regulated out of existence.

This is our time BTCbros. Our noble idea was hijacked by pedophiles and grifters like Vitalik using their chains to launch thousands of worthless vaporware air tokens with no use cases onto the world to reel in the unsuspecting and the greedy.

>>53004937
>the june rebound was the first real buying moment this bear
why?

>>53007314
previosu cycle was massively, truly massively surpressed with fractional reserve exchanging
dont underestimate what a giant impact ftx and cefi had on the place

>>53004162
The Fed lowered interest rates at the beginning of your chart.
The Fed dramatically raised interest rates this year and will keep them up for a while.
THE FED IS THE ONLY GAME IN TOWN.
It's a fake economy with fake money and they create and destroy the fake money.

>>53006774
>It wasn't risky when feds were increasing rates in 2017

The rate hike ushered in the 2018 crypto winter, smart guy.

>>53007778
Brainlet assumptions.
There were times when interest rates were in their double digits yet individual asset classes fluctuated with predictable market cycles.
Hopefully there's less idiot normie money going into Doggie shitcoins this time.

>>53007793
the rate hikes started with the 2016 bull
there is no correlation with the hiking cycle back then, only with the btc cycle
the graph was posted right above your post, do try to educate yourself before saying something stupid

>>53004219
This, we’re in the middle of a huge recession or arguably are about to enter a big one and are already on a downtrend but idiots think people have the money to put into crypto when the era of free money is at its end after almost 15 years.

>>53006037
how do you grasp sentiment on twitter?

>>53007800
>There were times when interest rates were in their double digits yet individual asset classes fluctuated with predictable market cycles.
any example?
>>53007800
>Hopefully there's less idiot normie money going into Doggie shitcoins this time.
it will go into layer1 scams

>>53004162

>>53008263
>any example?

Just look at this chart:>>53007778
The 1980s and early 1990s saw interest rates in double digits and yet companies and markets attained ATHs etc.

>>53005777
Let's fucking go

>>53007800
>Hopefully there's less idiot normie money going into Doggie shitcoins this time
oh sweet summer child. you have no idea whats coming

>>53004162
>brainlet chart
Dropped

>Bottom is in
>Posts a chart that shows the bottom is not in
Based retard.

>>53004620
>Plenty of cash sitting on the sidelines at the moment
huge majority of cash in the previous bull markets was leverage money.
rate hikes made it impossible to have so much leveraged money open to risky inputs.

as an oldfag, i can't stress enough that BTC did NOT struggle with high rates environment since it's conception. it's uncharted territory and could go either way (one way is ultimately to zero, the other is crabbing until the rates go down again).

>>53004162
no you dont understand it has to go down exactly the same amount that it did last time even though it didnt go up the same amount that it did last time!!!!

>>53010406
STRANGE ISN'T IT?

>>53004162
>>53004162
>>53004162
>Thing happen in past
>thing happen in future ok

>everyone expects 10-12k
>everyone has buys at 10-12k
>???
You can solve this

>>53004219
>>53004620
>NOBODY IS BUYING OR SELLING
>LISTEN TO ME
>THERE IS NO MARKET ACTIVITY!

>>53012176
>bot washing trading is real volume
Lol, lmao.

>>53012256
you're right i just wanted reassurance

>>53012256
but even the washtrading volume picked up so something did happen

Matter of months before wagies find themselves hungry and homeless fighting among themselves for half a can of expired dog food.

>>53004162
Anon that wasn't the top. At least you are right about bottom

>>53004162
>Twitter normies all waiting for 10-12k (not gonna happen)
I like your optimism but if only wishes were horses. Get ready for q1 2023, it's not going to be a jolly ride.

>>53005706
If it gets to 14k, it's getting to 10k. Watch how no one is talking about buying at 14k, there'll be no huge support there. Time to take risk mgt much more seriously.

>>53014182
>Time to take risk mgt much more seriously.
What do you mean by this? Is there anyone who doesn't take their risk managements unseriously? jeet!

>>53014297
Anyone planning to get into any alts right now clearly doesn't take risk management seriously. This is a time to guard your assets jealously so you can survive the crypto winter. Get into stables; leverage them on Idle, Harvest or SpoolFI(this one has some really good Defi features).

>>53014446
You fool this entire year was the time to do that. People want more money now especially with inflation out the dick nobody wants to hold this shitty dollar. It’s now the utility coin era. Especially with the release of CBDC’s

>>53004223
That's the point, you buy before the normies, not after them.

>>53004162
Thanks, just went all in on a short

Ban test

>>53014446
How much yields can one earn on these?

>>53004162
nah. we're going below 10K. I don't think anons realize how shitty the economic environment is. We're headed for a depression, a tanking of assets that we haven't seen since 1929. I would say good luck to you anons but you wouldn't know what to do with it if you had it.

>>53014739
i got like $4000 worth of Christmas presents and im middle class

>>53004162
>Twitter normies all waiting for 10-12k (not gonna happen)

None of that historic shit applies to what we're seeing now.

SBF shenanigans with FTX has turned the market upside down.

Crypto is currently toxic because it's been made to look like scam by the mainstream media.

This should be painfully to anyone.

We're going to 10K or lower and the bear market will last at least 10 years.

Pack it up.

No one is going to make it.

Start applying to McDonald's.

>>53014756
i don't think i've ever seen a more midwit tier post on biz

>>53014775

Enjoy following your cart of bags off the edge of a cliff, chud.

>>53014756
Brutal low IQ retard take, buy signal

>>53014802

If there was a pattern, that was set in stone, that determined the highs and lows of the market, EVERYONE would be following it, dummy!

>>53014756
Kek. The media has never legitimized crypto. Even when BTC was pamping, they went out of their way to provide asterisks. Not in the same vein they do with the stock market, since stocks are 'legitimate'. Now they have perfect ammo to call "the death of crypto, but for real this time" and normies will buy into the fud. Now you buy, even if it dips lower you buy there, why? Because: inflation will go up, no there won't be a depression, yes the government will continue to print money, no CBDC isn't crypto, in the same vein BTC is crypto, go touch grass.

>>53014843

>>53014859
>>53014870

You bulltards are heading for your "You know nothing Jon Snow." moment.

You're like someone on King of the Hill who refuses who refuses to follow Hank Hill's advice at the beginning of the episode, only to end up regretting it when things blow up in their face, and they just end up what Hank suggested anyway in the first place. However, there's no second chances here. You're going to get liquidated.

>>53014682
I stake on SpoolFI and it has got several pools with their own APYs. Currently getting around 15% for DAI and 22% for USDC. Might fvck around and create my own staking pool soon.

BUT we're at the bottom, right?

*Jerry Seinfeld eyeroll oh brother.gif*

>>53014521
>People want more money now
That's how you're keep loosing the little you have. We'll know who's the fool at the end of the day though. You say CBDCs have utilities? The govt has started engaging shillers. Nice to see.

>>53014930
Such a niggerbrain comment. I'll simplify a lil. CBDC will be used to redeem at your local McDonalds for a big mac. Meanwhile fiat will be poured into stocks, metals, and crypto. Continue to cope, also remember; you will live in the pod, you will eat the bugs, you will take Tyrone's niggercock up the ass faggot

>>53014995
Nigger CBDC’s are going to have to use utility coins to work properly, I’d tell you the best two potential coins for this but you were a nigger in your comment to me so I won’t tell you!

>>53015009

See you at 10K.

Thanks for playing.

>>53015047
Ywnbaw ape tranny

>>53014972
This is fucking bullish

>>53014756
weak bait

>>53014446
>bro sell the bottom after the 90% crash. Also dont buy bottom. You should just wait until we’re near ath again so we know its not a bear market anymore

Classic biz hahahahaha. What a fucking idiot

>>53014739
Explain to me exactly what is so shitty about the economy besides inflation, which btw is steadily coming down. You realize 2008 was a completely different scenario right? Try and use your words to explain it before just taking the holier than thou edgelord route. Geniunely need a good laugh here

>>53014930
Very strong projection here. Its just business, you need to remove your bitch made emotions

>>53015518
>home prices triple
>home prices start going up at only 2%
the exponential and predatory nature of debt guarantees collapse.
For a $250k mortgage, the interest used to be about $7000 a year. Now that same interest would be $15000 a year.
that's just to stay afloat, that's not including payment on principal.
imagine you only make $60k, after taxes that's maybe $40k, then another $15k is taken by interest? lmao

the system is built on milking goyim with interest payments. inflation gets too high, to prevent hyperinflation the fed is forced to raise interest rates. this decreases borrowing, which slows the economy, and eventually causes it to break until they inject more money again.
There is more debt in the system than there is cash to pay it all. default is guaranteed the longer that they go without injecting more debt.

>>53016525
Guarantees the collapse of usd*
Hard assets are top tier for currency destruction. Hope you got a variety you’ll need it

>>53016525
Anyone who bought just 5 years ago got a free $100k my man

>>53016540
Minorities through dem programs and boomers who bought during the 2% era get free housing.

The eternal wojak gets nothing

>>53016525
You realize everyone in the US has fixed rate mortgages right? None of these interest rate raises are impacting the home owner who chooses to remain where they are. I will repeat, this is not at all like 2008.

Also, the whole part about “slowing the economy” is vague. What specifc industry are you referring to? And what specifically will “break”? Just because a bunch of redundant tech workers and Hr workers get laid off doesnt mean shit to 99% of the world. They could always get a real job where they dont get to make tiktok videos about the perks in the break room all day.

Also, the fed has like 3 rate hikes left. And then they’ll chill for a while and then lower them once inflation has consistently lower readouts mid ‘23. By that time the supply chain will also be in much better shape. And you will have once again, missed the bottom.

>>53005777
Fuggggg

>>53004162
bitcoin is collapsing because the fed has raised interest rates. the fed will not be lowering interest rates any time soon. So bitcoin will not be recovering any time soon.

drawing random yellow lines on graphs has nothing to do with how reality works. jesus christ grow a brain

This thread is really almost 3 days old and not even close to bump limit. Sorry chuds, you're going to miss the bottom.

>>53016671
>B-b-but muh ten year depression
>Muh Wymer Republic

>>53016671
>the fed has like 3 rate hikes left
they can have how many rate hikes they want

>>53007871
Newfag misunderstanding the whole concept. Treat crypto as an investment. DCA into solid tech and utilities like ORE, ALBT or some AI project and you'll await the result after the rexcession is over.

>>53008327
but we hadn't so much dbt to gdp by that time

>>53010390
>huge majority of cash in the previous bull markets was leverage money.
leverage money implies that there is money doing the collateral, so yes there is money

>>53012256
>bot washing trading is real volume
how do you know it is bot or real volume?

>>53014972
Is this depression or anger,I can't tell

>>53016924
Then the opportunity to gain the world's hardest asset cheap is a blessing. Eventually sovereigns and corporations will understand frictionless beauty of Bitcoin transactions. It's a no brainer to adopt Bitcoin simply for trustless transactions, and eventually as trust grows in the network every large institution will hold a large allocation of it. Think big picture.

>>53016925
Problem with a lot of people in crypto is they want to catch the bottom. It's almost not possible. Look out for something solving a problem like security and DCA. Asset management and security is becoming important in web3. Always be early.

>>53017970
The increasing trust in the Bitcoin network among institutions could lead to wider adoption and potentially even larger allocations of the cryptocurrency. The benefits of privacy and trustless transactions make the adoption of Bitcoin a no-brainer for many organizations. I can see the fast growth rate of Zk-snarks which is really needed.

everyone and their mothers and barbers are bearish as f*ck.

covid fud is already priced in, so is the ukraine fud, also the FTX fud. Binance fud failed miserabely.
they are running out of legit fud to conceive, maybe nuke fud or china attacks taiwan tier fud or disaster fud like meteorite strike or something like that could launch another dump but either way i think we're bottomed.

>>53019140
>they are running out of fuds

>>53004220
absolute moron

>>53007005
You can basically do a 3x in the next bull run with that. What about looking out for alts instead? 10-50x with good alts like ORE, MATIC and the likes.

>>53004610
Smart, anon. I bought worth of 80k with some prifi assets. Hoping that the bull returns

>>53006909
Neck yourself

>>53019140
>Binance fud failed miserabely.
it just barely started

>>53014972
Faggot

Captcha: VWVK48

>>53019140
Consider investing in strong projects in AI, web3, and asset management using dollar-cost averaging instead of trying to time the market.

>>53019427
Prifi is definitely good. The same with security based projects. Looking for more of them in the market.

>>53019251
Radix XRD is a top pick for the next L1 cycle, probably with an even bigger ROI than ATOM, APT or AVAX.

>>53020074
Radix is a scam. Look at the fucking volume. Foundation and early investors own 95% of the supply. Greediest allocation I've ever seen

>>53004162
The yellow line looks fake.

>>53019583
Such as?

>>53021223

>>53021238
>somehow more articulate than the average zoomer

>>53019583
LOL what are these “strong projects”? They’ll prob get outperformed by dog coins when the market recovers

>>53017970
the government is increasingly talking about regulating crypto. That's the other factor in the collapse I forgot to mention. If that happens markets will plummet. If it doesn't happen, then it's a great investment, sure.

also the possibility of binance and tether collapsing in the near future could make it a really bad time to buy.

wait another quarter or two before buying, at least.

>>53004162

yes the jew on the fed will magically bring down christianity in 2023 why does the fat guy on 4chan want that to happen

>>53023837
So the same fud from 2018. Strong argument. Remember when the government regulated the internet in early 2000s and killed the whole industry. Sucks man, I had to send this message from a fax machine.

>>53007871
> the dollar is about to shit the can of reserve status
>thinks crypto depends on normies buying
The shear force of the dollar dying will make comodities moon, just like crypto is a commodity against government theft

BTC feels so big that a poorfag like me would barley make any money from it. Thinking of just dumping money into ETH instead.

>>53023837
“Regulation” is only a fear if you’re investing in literal dogshit. Any project worth talking about will stay here with or without regulation just like the 2001 bubble.

>>53016925
What do w this mean? The bottom is in??? Please help me I'm negative iq

>>53026268
This is why ETH will probably underperform next bullrun.

>>53017947
B-because....
BECAUSE IT JUST IS OKAY?!?!?!

>>53004162
>buying in a downtrend
ngmi

>>53004162
Take the crash before that and overlay it with 2018. It doesn't work. My point is, comparing graphs is shit. Theres supercomputers out there trying to determine outcome of btc, crypto and stocks, and still can't determine it. You should know better.