/biz/ - Business & Finance

Sad, many such cases

This time is unironically different

>>54579760
>this time we will ignore all market psychology and it'll go straight to a new AH because..b-because I need to make it!!

Yes, and? I missed the run from 15K to 30K, and I don't plan on missing another run. Learned my lesson.

Zoom out.

>>54579775
This but unironically.

>B-but muh indicator said 100% chance of dumping!!!!!

It's coming back down to $15k isnt it?

>>54579710
It could do the chad stride and just take another leg up.

>>54579710
What is sad is all the newfags replying who think they are getting insight staring at a 1w stock rsi.

>>54579781
You did not because you are doing the opposite of what you should be doing. You're right, you bought in around 30k and aren't going to miss the 2024 bullrun. Congrats.

>>54579886
Why are you trying to drag others down with you?

And now its at 30.3k...?

>>54579710
check the RSI during the 2017 bullrun

>>54579710
Not really. Most of that chart is made up shit, just look up volume.

>>54580098
>30.3 isn't "around 30"

>>54579710
>there are pepople who unironically fomo'd in at around 3000

>>54580322
No idea how the RSI is relevant so I guess you mean the Stoch RSI. You mean like this?

>>54579710
just imagine, there are people that sold at 24k because a noisy indicator crossed

>>54580322
No idea how the RSI is relevant so I guess you mean the Stoch RSI. You mean like this?

>>54580509
That's a 30% dump.

>>54580575
No, it dumped from 2975 to 1799, a 39.5% dump. Even if 2975 to 1799 was 30% what's your point? And you wouldn't rather buy at ~1800 than at ~3000?

>>54579710
>RSI schizo posted it again after being BTFO every single thread

Fucking retard tried to get one last short in and loses his entire bag. Many such cases.

>>54579710
daily reminder RSI nigger is bearish since 25k

>>54580437
That was the obviously right thing to do as back then it looked very different; it stayed at 100 unlike this time around when it was immediately thrown down. The current shape is profoundly bearish.

>>54579786
>>54579872
>>54579880
>>54580366
>>54580437
>>54580484
>>54580701
>t. fomod in at 30k
>>54580701
>everyone who's smarter than me and hence use Stoch RSI is a samefag

>>54580739
Wow look at that plateau. Surely that was a one in a million pattern that will never repeat again.

>>54580739
>The current shape is profoundly bearish.

You are about to lose everything close your short

>>54579710
>>54580388
>feelsbadman

>>54580680
My point was that it's a good trade to sell the top of the SRSI most of the time and rebuy lower.

>>54580366
> "I dislike what's happening so the current market situation isn't real"
Good luck with that tactic, I'm sure it'll work out well for you.
> "The volume is real though... The volume is bullish..."
Nope. Rising Price with Falling Volume = Bearish. Sorry.

Im very bearish on bitcoin. I like Bitcoin but i have to admit that this isnt the run. I think .. i think... Something is wrong.

>>54579710
today i will remind them

>>54580760
>look at that plateau
Precisely. Now look at the current chart.
That plateau has occurred a mere 4 times in BTC history (every time during a super ultra bullish market) and each time the chart wasn't anything like it is now.

I'm here to remind you once again, zoom out.

>>54581422
>customized with 8 5 3 3 25 75 to change the way the indicator looks to support your personal narrative
Into the trash it goes.

>>54579710
yeah in 2021 thanks for reminding me

>>54581447
Cope bobonigger

>>54581454
>posts yet another chart where he had changed the indicator with 8 5 3 3 25 75 to alter the way it looks to support his personal narrative

>>54581465
>caught the peak of the last cycle
>doesn't go against the tradingview's default 3M Stoch RSI
What's your next cope you stupid kike?

>>54581484
>posts 3 3 14 14
You just rekted yourself. That doesn't support your bullish narrative nearly as much.

>>54581422
>>54581454
>>54581484
You're a dumb piece of shit. Stop posting, retarded mutt.

>>54579760
Time is a flat circle

I'll keep posting my RSI chart and you'll keep seething about it.
You don't deserve to make it.

>>54581566
I said STOP POSTING you fucking piece of shit.

>>54581484
>caught the peak of the last cycle
You can make any indicator "catch" any peak or bottom by altering its settings and then claim "look guys it totally predicted this". It's especially easy to do with moving averages, just take two lines and tweak their numbers until they meet at a top or a bottom. This, what you're doing, is called backfitting.

>>54581566
The above is why people laugh at you and don't take your charts seriously.

>>54581593
Nah, I'll keep posting.
Eat my dick

>>54581598
Baited. Dumb mutt. I hope you get cancer. :)

>>54581597
Stupid degenerate, the default stoch rsi is heavily weighed on the 2015-2016 move, it NEEDS to be modified for the current market, otherwise you can have a 200% move like in 2019 and it barely budge on the 3 month stoch rsi.

>>54581632
>admits to disliking the way an indicator looks and therefore backfitting it
The problem you face by doing so (other than being ridiculed online) is that basically nobody in the world trades BTCUSD based on your personal settings. So your personalized indicator is meaningless. 99.99% of the global market uses the standardized normal setting of 3 3 14 14.

>>54581678
If you're going to use the default, the indicators will literally never show it as overbought ever again. There's no way BTC will do another 600% ever again.

>>54581693
>600%
I meant 6000%

>>54579710
>>54579710
Meanwhile i've been buying all the listed coins i could since the start of the year. The 30k only made my buy PARTY since gambling addiction is all the rage

>>54581693
>>54581703
>With the default settings, there's no way BTC will do another 6000%
Of course it won't, as each bullrun is weaker than the previous. Each time BTC X's less, the % increase is less each time. If you think BTC will 6000% you're totally disconnected from reality.

>>54581751
That's why you have to change the settings.
BTC is a new asset class, the default settings weigh so much on the 6000% move which it will never ever replicate.
That 200% move in 2019 still showed it as oversold because of that ridiculous goldrush period.
Do you not understand?

>>54581774
>Do you not understand?
Ask that question facing a mirror. You want BTC to 6000% and you think you can make it do so by altering the settings in an indicator (settings which the market doesn't use). That shows you're out of touch with reality and delusional. You have no power over BTC or over the market. You can't make it do anything, and the market doesn't care about your feelings; the market will not respect your personalized indicator (which is meaningless as nobody uses it). Do you not understand?

>>54581855
>reading comprehension
Let me reply in simpler terms.
If you're using the default stoch rsi for btc, you're saying it WILL do another 6000%.
By using the default stoch RSI for btc, you're saying BTC should've peaked at least 200k during the last cycle.

>>54581454
>posts force-fitted version of Stoch RSI and is immediately called out on his bullshit
>>54581484
>gets mad and calls anons exposing him "kikes"

Have you guys noticed how JIDF shills, very often when larping as anti-jewish non-jews, almost always use the word "kikes" and usually avoid using the word jews? That's because of the below:

• It plays into their Christianity hoax and makes their Scheinkampf (pretend-fight) against Christianity seem real, thereby promoting Christianity (as "kike" is said to originate from the jew word for circle and supposedly the origin of "kike" is that jews refused to use a cross instead of a circle on some document, so they supposedly used a circle instead).

• To normalfags it sounds like a "racist slur" like, like nigger, which makes the enemies of the jews seem bad/evil/racist -- and this of course helps the jews.

• Calling the jews jews helps instill into the subconscious of normalfags that jew=bad. The word jews is already a word with a somewhat negative connotation around the world, but we can make it even more negative/bad sounding. Calling them "kikes", or anything else other than jews, doesn't contribute to that. THIS they are VERY aware of, hence they don't want us to call them jews.

They much prefer it when their enemies use the word "kikes", or anything else other than jews - for example "hebrews" or "semites".

>>54579710
just imagine, the people who just fomo'd in around 30k are going to be up 50%+ within 3 months while you are STILL sidelined, seething and coping
you WILL keep posting these threads
and I WILL keep reminding you

>>54581774
>>54581888
>t. doesn't understand the R in RSI stands for relative
Nobody is saying what you claim they're saying, and you just revealed you don't understand how RSI works. You don't understand it shows the RELATIVE strength. You think like this (as newfags always do on their first encounter with RSI or Stoch RSI):
> "the price rose that much from when the indicator was bottomed, so it means it will rise just as much the next time the price rises from when the indicator is bottomed" (and the same with it being topped and price falling)
That's not how it works.

>>54581909
You know that actually makes a lot of sense. I really like using kike though:(
I said it in front of a girl once and she thought it was very heroic

>>54582106
Relative to what?
Please tell me right now, when you measure the stochastic RSI in the 3 month timeframe, what is it relative to?
You stupid fucking nigger.

>>54581632
>the default stoch rsi is heavily weighed on the 2015-2016 move
>the default settings weigh so much on the 6000%
Are you genuinely that clueless or are you some sort of paid shill who hopes anons here don't know anything about these things? The default setting isn't based on "the 2015-2016 move". You're spewing such utter nonsense it's hard to tell if you're just clueless or if you're here to intentionally spread lies and sow confusion amongst anons.

The default setting, which everyone uses, is the way it is for a purely mathematical reason. It's the way it is because there's are 1440 minutes in a day. 144 and 14 are resonant numbers. Months consists of days. A year consists of days.

And by the way that's just one of the reasons, aside from it being backfitted, why your modified version of Stoch RSI is trash; yours uses "25 75" instead of "14 14".

>>54582393
The default settings weigh that move so much because it's the data that it is using for future comparisons.
BTC is still a volatile asset, why on earth would you use the default settings and have your current data relate to the megafuckyou 60000%+ move?
The move in 2021 would not show as overbought relative to 2016 because of fucking course it won't.
Please use your fucking brain.
Tweak your fucking RSI charts so it shows the 60k peak as overbought like a person with a functioning brain would and not rely on some dumb defaults that was meant for traditional markets.

>>54579710
>there are people who didn't bet the house on 16k and aren't ready retire

>>54582393
Considering there are some knowledgeable anons here
Shouldnt the setting be changed for crypto since unlike boomermarkets its a 24/7 market and as such all correlations based on hours and days are warped from traditional ta

>>54582528
>The default settings weigh on the 2015-2016 move
And he just doubles-down on his misinformation. Amazing. But unsurprising. Picrel.
>The Jew would be utterly oblivious to what had happened the day before and he would start once again by repeating his former absurdities as if nothing had happened.

>>54580701
You're like a little child. See: >>/biz/thread/S54505482#p54505497 and he's referring to this this: https://archive.is/Zztq8

>>54582607
Tell me where I'm wrong?
I'm using the defaults here.
Relative to the 2016 move, BTC never went to the overbought territory relative to 2016, because?

>>54582716
Well the answer is directly in your graph we were not overbought according to historical norms, flat distribution vs blowoff top
It was the aggregate of all the scams back then
Charts correctly identify new/outlier behavour and people pretend its valid datapoints to linearly plot forward like >>54581751

>>54581069
i reminded you dawg i tried to remind you

>>54582787
Exactly, BTC is becoming less volatile as it is being more institutionalized and held in markets with more liquidity than it had during prior moves, so why use the stoch RSI when it uses data from a time of extreme volatility?
Overtime, the default stoch rsi will be a flat line in oversold simply because of the past data of extreme volatility.
Even now BTC is still very volatile compared to other assets.

>>54582528
The setting is the way it is because there are 1440 minutes in a day and 144 and 14 are resonant numbers, and the months consists of days.

>>54579710
Kys

Bear bros why are we still going up

>>54579710
you realize there's people that do this thing called DCA except they have a lot of money, so buying at 30k isn't that dramatic like you think it is.

>>54582905
kino

>>54582897
anon what indicator is this? I saw you in few threads and I would like to have them on my chart

>>54582953
its just multi time frame stochastic. not stoch rsi but stochastic

>>54579710
I ain’t touching that shit. Not with joe faggot Biden as president.

>>54582970
I see, what time frames?

>>54581454
>3 month chart
>he isn't checking the 6 month
oh no no no no no no

>>54579710
Just imagine, this stupid fucking faggot in the OP was bearish at the absolute bottom and wants you to forget it

>>/biz/thread/S52649586

>>54583055
very funny
but if you're serious, there are not enough data points to use the 6 month yet
we're still early

its time to make 20k plus profit

>>54583071
>everyone who uses stoch rsi is a samefag

>>54583036
multiples of 12 just like the sumerians did. it was my first edited indicator so lots of schizo numbers and a mess to read could do it better but better tools now

https://youtu.be/g81opjVDAaA?t=681

>>54583093
is it on tradingview or is it private?

>>54583175
https://www.tradingview.com/script/7UvGKLHr-Multi-Time-Frame-Stochastic/ i edited it a bunch but this guy wrote it

>>54583211
checked
I don't know much about python/pine but the code looks easy to edit
thanks

>>54579781
I bought at $30k last year on the way down and continued buying til $16k. Just remember a few things about bitcoin. Hashrate just continues to go up and had been going up even when the price crashed. There's literally billions, if not trillions invested in the Bitcoin network globally. And here we are, sitting under a market cap of less than a trillion. It's a bargain.

kek at all the bobos itt

>>54583055
Holy shit it's really going sub 10k isn't it? Looks like it might hit 7.5k even.

>>54583337
Most likely, yes. There is a CME gap at $9700.

>>54583337
>>54584774
Retard bobos trying to cope with the fact they're insolvent and priced out

>>54583333
Checked

Thread didn't age well kek

>>54579710
It's going to be brutal.

The time of selling your car, your tv and your watch to buy crypto is now. You will tell the story of when you bought all the crypto you could and then became rich

>>54586246
sell signal

>>54583337
>Holy shit it's really going sub 10k isn't it? Looks like it might hit 7.5k even.

It already did accounting for infaltion...

>>54579710
post short

>>54586742
post longs

>>54579710
Only very special kinds of retards would buy now.

i'm buying all the way up to 35k

>>54579862
8k

>>54579786
This, unironically. Fucking zoom out and post a fucking screenshot, you fucking faggot. >>54579710
I'll show you how your indicator is fucking fucked and useless.

>>54579862
> bobos have upwardly revised the bottom
Bull run confirmed

>>54579710
Call me when it hits 50k and I finally get my money back (still won't sell until 2040)

>>54589240
The bottom remains 10k-8k as it has been for the last 2 years.

>>54589444
Checked.

Reminder that the vast majority of bears on /biz/ have said for over 2 years that the bottom will be 10k-8k.

To the newfags who aren't aware of that, that /biz/ bears have been predicting 10k-8k for over 2 years now, see: >>>>/biz/?task=search2&ghost=yes&search_text=bottom+10k&search_subject=&search_username=&search_tripcode=&search_email=&search_filename=&search_datefrom=2021-02-04&search_dateto=2022-11-07&search_op=all&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=post

That search result shows posts mentioning the word bottom and 10k before the so-called "FTX dump".

The reason for displaying the search results that way is that paid shills claiming 15.5k was the bottom and saying it won't go to 10k, they're are now claiming the 10k calls were only made after that "FTX dump", which of course is totally false. Hence why the results are set to show posts before that event.

Scroll down to the bottom and click on the [+24] etc buttons to view older posts. Naturally when anons say "10k" they also expect a small dip below that, not for the price to stop at exactly 10k, and sometimes anons said 9k and 8k and 9500 etc, and also posts like "11k to 9k" etc, so that search result doesn't show all 10k-related posts that were made; only those saying specifically 10k. There were more 10k calls made on /biz/ than what warosu is capable of showing because many such posts were archived only on wakarimasen (warosu wasn't archiving during that time) and wakarimasen is down.

lmao

>>54579710
don't go against the trend

oversold and overbought do not matter in strong trends

>>54591350
The "trend" is the current overall will of the market, which is illustrated in the Stoch RSI graphics. So the "trend" is to stop buying, and begin selling more than buying. In other words the "trend" aka the current overall will of the market is bearish, and that's also reflected in the volume that's been falling on the rising price.

So yeah I agree, don't go against the "trend".

imagine the smell

clean it up jannie

The fact that all of you are sitting here, arguing over each $100 it goes up or down means that it's going to keep pumping.

ultra cope thread from bobos they look like q-tards

>>54586246
Holy shit its over

>>54592023
More like ultra reality thread and you're in reality-denial mode. Also: >>54555800

>>54590247
>bobros on a poorfag board said X is happening! It HAS to happen!
why should I care?

>>54593422
Because they're always right about the bottom: https://a.cockfile.com/GJeZHW.rar

/biz/ isn't very good at calling the tops, but predicting the bottoms on the other hand we manage with spooky accuracy.

>>54579710
I can't say they got in too late but they certainly wont make a 3x. Those faggots deserve to stay poor KEK.

>>54588561
A lot of the anons on /biz/ now are too new to remember this.

>>54590247
Damn that’s a lot of retards being proven wrong in real time lmao

God help you all.
You poor, lost souls.
>gongo

>>54580739
Wavy lines without context mean nothing anon. You can only make decisions on charts based on information. What information do you have that the price is likely to collapse? If anything the information is all around you in favour of the price going up for the foreseeable future.
I'm not even a holder but I can see the reasons for this happening, I wish I'd bought in last month but it's an even harder sell for my wife now that the price has gone up so much.

>>54579781
Holy FUCK 2x on an investment. You missed that? Holy FUCK I would kill myself.

>>54579886
Delusional bagholder.

>>54590247
bahaha he's still holding on to his dear prediction.

Most bullish thread on /biz/ rn

>>54588065
Don't chase the price. Let it come to you and accept whatever happens.

>>54595849
Ah yes of course everyone in the archive for the last 2+ years who called for sub 10k is the same anon.

>>54595895
the chances of RSI nigger also being the "old fags predicted 9k bottom" fag are very high

>>54588561
Literally holding onto a random number.

DCA and chill

>>54595931
They are the same person.

>>54595939
>doesn't understand what a whale signal is

>>54596019
> I'm 14 and this is edgy

>>54579710
All I'm seeing is a bunch of hesitant wagies who will stay poor, KEK.
>>54583030
This.

>>54596019
Pretty confident for someone who had a target of 8k, price went to 15k and instead of dropping 7k more to your target, what does it do? It goes to 30k+.

Literally doubles aggressively moving away from your delusional target.

And what do you do? You shitpost. You know we all see through your false bravado.

>>54596064
>someone who had a target
>your target
I don't run BinanceUS. I didn't create the wick to 8k.

We have one more year to load under ATH then we reach 10x from the bottom again. 150K BTC at 20% dominance and 10k ETH with a total crypto market cap of 12T

Totally reasonable speculative valuation for a space comprising decentralized computing, financial services, alternative currencies and commodities, especially after Biden's economic miracle and regulatory clarity confirming it is here to stay

>>54595425
Like clockwork:
>>54595939
>>54596064

>>54596215
How does it feel to be so underwater? Either way, keep assuming people are new, I literally stumbled upon bitcointalk.org in 2009 and been in crypto since then and merely trying to help you.

But you're no better than someone who thinks Bitcoin SV is going to take over.

Grow up.

>>54596054
Joe president < any third-world president

Holy shit I just read like 30 goddamn posts with motherfuckers arguing about memelines like they're so serious bro what the fuck lmao

reminder that all of your models will be broken

>>54597633
Their not memelines if the same fucking thing happened exactly 4 years ago.

>>54595823
What is worse is missing the next phase of the pump by simply crying like a wanna-be cry baby instead of investing. Having made close to 2x on BTC, I diversified into EGLD and UTK as the MultiverseX ecosystem and crypto payments are increasing in strength. This makes it a no-brainer.

>>54595976
Fuck yeah bruh! I'm DCAing into TRIAS, AZERO and QANX, no matter how much they dip. These blockchain gems are gonna moon and I'm riding alongside the big boys to get in on this action, especially the ones with QVM features. Let's get that sweet sweet tendies, senpai.

>>54599221
enjoy your 2x bud