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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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57820135 No.57820135 [Reply] [Original]

why is it already going back up

>> No.57820144

1 million is programmed

>> No.57820148

>>57820135
To liquidate you fuckers. And with haste.

>> No.57820153
File: 37 KB, 594x471, no-please-continue.png [View same] [iqdb] [saucenao] [google]
57820153

>>57820135
How do you guys not understand how this works?

>> No.57820175

>>57820135
I don't know. There's really no reason for this rally. It will come back down eventually when it's out of steam.

>> No.57820192

>>57820175
>ETF approval
>halving next month
>interest rate drop
>election year
lmao, yeah bro. Totally no reason at all. Stay poor you stupid nigger.

>> No.57820201

>>57820135
BECAUSE YOU DUMB BEARS ARE ALWAYS WRONG!!!!
AAAAAAAAAAAAAAALWWAAAAAAAAAAAAAAAAAAAAAAAYS!!!!!!!!!!!!!!!!!!!

>> No.57820211

>>57820192
I concur

>> No.57820216

>>57820135
It’s going to be a bloodbath.

>> No.57820226

>>57820135
fuck this market. fucking never underestimate the power of stupid people in large numbers

>> No.57820243

>>57820135
It just liquidated a bunch of break-out longs

>> No.57820288

>>57820226
ive been liquidated, if you can tell.

>> No.57820469
File: 2.38 MB, 300x250, plebbit.gif [View same] [iqdb] [saucenao] [google]
57820469

>>57820135
Any bearishness will be temporary.
Yes crypto might go down just before or after the halving as it has historically, but it also recovers after a few months.
Yes after a rate pivot downwards, historically the economy crashes violently for 1-2 years but then it recovers.
Given infinite economic dreams and delusions countries will continue printing and we fly on towards a more inflationary state.

These macro economic factors affect smaller altcoins eth utility less, which are more affected by their individual demand and narrative.

Such an alt is plebbit.
In just a matter of weeks plebbit has gone from 2m mcap to 6m mcap because people see the power of decentralized social medias that are opensource and free to use.
Plebbit is unironically one of the few actual grassroots projects, with 2+ years of development, working demos and an actual 100% airdropped supply to biz 2 years ago (search the archive).
Even the plebbit Devs had to purchase their stack on their own on the market, like everyone else.
YET biz still ignores plebbit on uniswap.
Plebbit is an opensource, free to use, scalable P2P social media protocol with no https endpoints making it actually decentralized unlike federated alternatives.
6m mcap
Long term targets 1-5b 2026-2027
Gif related

>> No.57820520
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57820520

>>57820192
Kek. Right on, brother

>> No.57821059

>>57820226
rest assured, it's not just stupid people, but the tether-ftx-binance-justinsun conglomerate with infinite supply

>> No.57821080
File: 693 KB, 1503x4040, thistimeitsdifferent.jpg [View same] [iqdb] [saucenao] [google]
57821080

>>57820192
>>interest rate drop

>> No.57821109

>>57821080
>posting infographics instead of making money
You /pol/fags never fail to amuse me.

>> No.57821160
File: 264 KB, 522x502, IMG_0871.png [View same] [iqdb] [saucenao] [google]
57821160

>>57820135
Because you’re in a bull market retard

>> No.57821214

Out of way N

>> No.57821357

>>57821080
What is this FUD. You are correlating interest rate drops with S+P drops right? Ok that pattern is demonstratable but what about BTC?

>> No.57821603

>>57820135
It's in the code... wdyt nigger faggot kek, it's a bull run, it's obvious, imma go be retarded on beoble cuz you niggers are too stupid

>> No.57821656

>>57820135
The markets should've crashed last year, it didn't due to fag AI hype and Biden's fed dancing around rate cuts. It's an election year and bidens pals have their finger o the printer and have no shame to try to get him elected, you're going to see some reckless shit from here on out. If they cut rates shit is going to pop off hard. It's ath time for crypto.

>> No.57821767

>>57821357
Just look at the charts. BTC is a risk on asset, it will crash faster. Only chance it doesn't is if they manufacture a soft landing ("this time is different").