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54232547 No.54232547 [Reply] [Original]

Why did Bitcoin have no despair dump this cycle?

>> No.54232562

we solved that problem by just dumping twice

>> No.54232571

>>54232547
Had no blow off top either. Probably not even a full cycle. Just a foothill in the main cycle that is to come.

>> No.54232578

we did, from 65k to 29k and again from 69k to 15k

>> No.54232581

>>54232547
You didn't notice the 80% dump from the top?

>> No.54232582

>>54232547
hedge against inflation

>> No.54232588

>>54232581
Wasn't even 80% dumbass

>> No.54232605

As the asset class and technology become more and more trusted and adopted, and more money is kept in BTC, the volatility will decrease. When BTC crashes 50% you should be looking at that as a buying opportunity. 50% down, start making small buys. 60% mid sized buys. 70% large buys. 80 is a generational buying opportunity.

>> No.54232661

>>54232588
Oh NOOOOO SORRY I HAVE COMMITTED A GRAVE MISTAKE OF SAYING 80 INSTEAD OF 76%
WHAT A HUGE DIFFERENCE NOOOOOOOO

>> No.54232817

People were pretty bummed out when we went from 20k to 16k and stayed there. Everyone thought it was going lower, even the moonbois that thought 17.5k was the bottom

>> No.54232959

>>54232547
Look at your chart. We are just starting the 1st f many relief rallies. Despair comes when we rug after having out hopes and dreams crushed.

>> No.54233010

>>54232547
This is a suckers rally, unironically. We crab around 20k all year. Bullrun will not start before the halvening. It's in the code.

>> No.54233099
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54233099

>>54232661
Apology accepted.
It takes a man to admit he was so far wrong to literally be polar opposite from the factual truth.

>> No.54233268

>>54232547
I'm thinking it will crab between $30k-$45k till halving.

>> No.54234531
File: 242 KB, 1762x2200, jan 13 2023 2019 v 2023.jpg [View same] [iqdb] [saucenao] [google]
54234531

>>54232547
>no despair
Alotta' niggas was clued into the the 4 year cycle. Everything has played out like 2019 redux. Sucked, but at some point you saw it coming. Pic rel from Jan 13.

>> No.54234820

>>54232547
Cope ftx dump was despair

>> No.54234910

>>54233010
This. The amount of people that keep bringing up the halvening without realizing bull runs never happen before it

>> No.54234916

>>54232605
>80 is a generational buying opportunity
>happens every ~4 years

>> No.54234946

you guys think bullrun can't happen before halving so it will

>> No.54234947

>>54234910
bitcoin literally always has a long multi month period of bull before halving...

>> No.54234960

The despair was the pathetic top leading to going below 2017 highs because said pathetic top was too fucking low it barely required a -80% dump to go back 5 years

>> No.54234986

>>54232547
15k was the despair dump dumbass. The fact it even got below 5k during the 2020 panic was a generational opportunity that we will never see again.

>> No.54235085
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54235085

>>54232547
I have a hunch that this will help us in the long term by pumping a lot of smaller coins. Both DOGE and LINK pumped, so did cardano and CAKE. To be honest i think even the whales are starting to notice this since recently a SHIB whale moved 135 million towards KOY on a clear attempt to cash in on the coming pump

Source? It was revealed to me in a dream

>> No.54235091

>>54235085
why are you so much of a piece of shit nigger that you need to make predictions?

>> No.54235096

>>54235085
>>54235091
>it turns out to be true
ooh imagine

>> No.54235124

>>54234916
BTC fell 85% last cycle and 75% this cycle.

>> No.54235294

>>54232547
we had like 30 red weeks not a single relief rally

>> No.54235333

>>54232547
Brah, we’re you asleep in November after the FTX schamozzle?

>> No.54235450

>>54232547
>Why did Bitcoin have no despair dump this cycle?
you are right op, we did not have any sort of despair cycle like all of the previous cycles, but we will. Capitulation stage will come this summer. You seem to have triggered the insecure mumus with your thread, good job.

>> No.54235500

More people are aware of Bitcoin now than last cycle. That trend to only continue til full market capitalization.

>> No.54236546

>>54234947
3 months. No more. It's in the code.

>> No.54236580

>>54232547
It went below the previous cycle top this time, which it never did before. That was pretty despair-ful for a lot of people.

>> No.54236583

minus 85 % from here

>> No.54236598

>>54232547
did you forget the whole part about the catastrophic failures of pretty much all big institutions involved in all aspects of the crypto ecosystem? How about the near-80% collapse from ATH similar to all other cycles? How about the fact we fell UNDER the 200 week SMA and stayed there for almost a full year before we JUST broke out last week?

>> No.54236617

Look at summer 2019. This be the same. Some alts will pump well but be ready to sell.
Real gains coming late 2023-2024

>> No.54236656

>>54235124
That’s less volatile, as always in the end goal with Btc is to be less volatile. Only then will it be trusted as a store of value. By then is when citadels are built

>> No.54236664

>>54232588
It was -86% retard.

>> No.54236666

>>54236583
Are you ignorant of monetary policy or just a troll

>> No.54237661

>>54232588
Factoring for inflation, it was far higher than 80%, you worthless nocoiner bearfaggot /pol/tard doomer.

>> No.54237718

>>54236656
Yes, I was responding to someone saying that it drops 80% every cycle. I was making the point that it will get less volatile over time.

>> No.54237755

>>54232547
the same reason it didn't have a blowoff top

>> No.54237818

I despaired

>> No.54237856

Yet, Anon.
Yet.

>> No.54237935

>>54232547
15-17k was despair. everyone was calling for sub 10k.

>> No.54237998

>>54237935
They still babble about it, every week

>> No.54238134
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54238134

>>54233010
>>54234910
>>54236546

>it's le programmed

>> No.54238172

>>54232547
You see the price retain70k to 15 k. What the fuck, are you even talking about you stupid greedy nigger bobo ?:

>> No.54238419
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54238419

>>54232547
>closing below the pattern
rip bitcoin sell now 10k eoy confirmed

>> No.54238590

>>54233010
halvenings become less each time.... price becomes more stable, less predictable

>> No.54238594

>>54236580
yeah this got me... cuz the "bitcoin never" nonsense

>> No.54239178

>>54232547
It might be a trap, Bitcoin is like your stock long-time investment. If you want to profit in less period buy altcoin and some Meme-coin. I've made some profit investing in TSUKA, BONK, CHZ, and recently MyS.

>> No.54239255

>>54232547
>WW3 fud
>Luna blowing up
>FTX blowing up
>USDC depeg
>Banks blowing up

Yeaaah we kinda hit the bottom already anon, only up from here.