[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 324 KB, 1080x1008, Screenshot_20240311_151727_Coinbase.jpg [View same] [iqdb] [saucenao] [google]
57954785 No.57954785 [Reply] [Original]

why isn't it going down after a new ATH

>> No.57954818

>>57954785
i think cause anyone who's gonna sell already sold during the bear market and theyre too stubborn to have bought back in yet

>> No.57954849

>>57954785
All the sell orders were at 69-70k and they've all been filled

>> No.57954856

>this shit was $16k last year
>I didnt bother putting any money in

>> No.57954862

It's going to $500K first. Sell in May and go away

>> No.57954874

because no one is THAT dumb to sell before the halving

>> No.57954877

>>57954785
every faggot set their sell trigger at $70k over 3 years ago and forgot about it so now we can finally see some genuine price action from non-retards

>> No.57954888

>>57954877
Well said.

>> No.57954892

>>57954785
price discovery, it will go 3-5k higher every day

>> No.57954914
File: 15 KB, 544x332, position.png [View same] [iqdb] [saucenao] [google]
57954914

i actually added to my position in the last couple of weeks

>> No.57954924
File: 165 KB, 768x1024, output.jpg [View same] [iqdb] [saucenao] [google]
57954924

>>57954877
seethe, you're just mad I got actual real world things to show for my fake internet 1s and 0s

>> No.57954945

Just FOMO'd in lads. Time for the dump!

>> No.57954955

>>57954785
>constant inflows from ETF
>lots of people still standing on the sidelines slurping up every tiny dip
>anticipation of the halving being just around the corner
I don't see this dumping for at least another month.

>> No.57954976

>>57954856
my grandpa was talking about ftx and i knew it was the bottom

>> No.57955002

>>57954955
dips are getting bought so hard the bots don't really have the time to 'refill'
seriously, we can flash dump 10% and it will v-shape recover within the hour

>> No.57955133

>>57954924
lmao that stump, Americans so fat

>> No.57955148

>>57954785
>what is a bulltrap

>> No.57955182

>>57955148
>19k
Bulltrap
>27k
Bulltrap
>42k
Bulltrap
>51k
Bulltrap
>62k
Bulltrap
>72k
Bulltrap

>> No.57955185

>>57954888
Thank you

>> No.57955197

>>57954785
slow and steady wins the race

>> No.57955206

>>57954785
Why would it go down? It's the hottest asset in the world.

>> No.57955239

>>57954856
Me neither, but at least I didn't sold my 10 cents. It could be better, but I'm fine.

>> No.57955434

>>57954785
Everyone is waiting for the FOMO. It's not going to be like 2016. The big boys have come to play. They don't FOMO. They dominate. The positions they take will be colonial. They have long time horizons and they are not buying bitcoin with paychecks. This bullrun will cause suicides. When dumbass traders realize what they had in their hands that they sold for a measly 2-3x. Working class wholecoins will start to be few and far between.
Because buying a whole coin will require you to sell your house. This next 4 years is not just "the next cycle" it's the next phase. Where governments will have to respond. Where criminals are going to step up their game. Where publicly declaring that you have a whole bitcoin could be dangerous to you and you're family. This bull run is not going to be a retail FOMO extravaganza. This bull run is the beginning of the fall of flat. This bull run will cement Satoshi's white paper as one of the most important documents in human history.
There will be no 80% correction. There will be no fall from $300,000 to 50k.
Grayscale is not a weak hand. Microstrategy is not a weak hand. Fidelity is not a weak hand. The institutions that are buying bitcoin couldn't give a shit about "when Lambo". They get lambos for free. They control governments. People expect that hyperbitcoinization will occur with government adoption. companies that are and will buy in the next year, are the ones that have the governments in their pockets. There will be no 80% correction.

>> No.57955668

>>57954785
New ath is actually $212k

>> No.57955698
File: 2.20 MB, 1920x2932, 1705996176276.jpg [View same] [iqdb] [saucenao] [google]
57955698

>>57954785
Bank loans end today, theyre trying to wash their dirty laundry.
Error 500s to cold wallets already happening

>> No.57955732
File: 811 KB, 1080x2340, Screenshot_20240310_123310_Chrome.jpg [View same] [iqdb] [saucenao] [google]
57955732

Crypto bank run has already begun

>> No.57955740
File: 211 KB, 2048x1153, Gold-ETF-2048x1153.jpg [View same] [iqdb] [saucenao] [google]
57955740

>>57954785
>why isn't it going down after a new ATH
ETF. Bitcoin will follow the trend of other similar-class ETF-linked assets. Imagine pic related, but remove the blue supply line (so multiply the price by the proportional differential)

>> No.57955752

It is not even the first sell-off just yet.

>> No.57955754
File: 228 KB, 1625x1052, IMG_1344.jpg [View same] [iqdb] [saucenao] [google]
57955754

>>57955434
This is where big niggas were accumulating while /biz/ posted countless threads about today's garbage joke coin
It was so obvious, I mean really this thing is the ultimate filter.

>> No.57955791

>>57955740
>muh larry fink will save my bags
Just buy an ad

>> No.57955813

>>57955791
No one has bags. 100% of positions in profit

>> No.57955847

>>57955813
I imagine his short positions are in danger right now

>> No.57955862
File: 3.25 MB, 1080x1650, Canyouholditinhand.png [View same] [iqdb] [saucenao] [google]
57955862

>>57955813
>truly believes their his bags of computer jew coins
Lmao

>> No.57955877

>>57954785
It will have by wednesday-ish

>> No.57955903

>>57954874
dude last time it dropped from 60k to 30k in like a day I wasn't going to risk that bs again. you live and learn. its always opposite day

>> No.57955932

>>57955434
sell signal

>> No.57955941
File: 2.14 MB, 1660x2619, PhotoCollage_1708136979253.png [View same] [iqdb] [saucenao] [google]
57955941

>>57955847
Stocks are almost as fake and gay as crypto, which is probably the most jewish form of currency.
>please larry fink pump my bags

>> No.57955957
File: 135 KB, 495x495, 16633919775552.jpg [View same] [iqdb] [saucenao] [google]
57955957

>>57954785
>everything is inflating
>why isn't it going down waaaah

>> No.57955959
File: 64 KB, 1688x660, kkk.png [View same] [iqdb] [saucenao] [google]
57955959

>>57955903
yes, after the top in the yellow days, as always
now we are entering the red days, so that's not in the cards
the top is still more than 1 year away

>> No.57955968

>>57955862
>>57955941
Can you remake this but less schizophrenic?

>> No.57955992

I bought bitcoin at $200

I'm likely the richest 25 year old on the board, drive 2 Lamborghinis depending on the weather, no coiners continue to cope until BTC hits $250,000 next year

>> No.57956001

>>57955434
>declaring that you have a whole bitcoin could be dangerous to you and you're family
I know this is pasta but people already kill for 70k anon.
A week ago some guy got stabbed and died in my town because some nigger tried to steal his iphone, and I live in an average EU country

>> No.57956008

>>57955992
You mean your parents bought it for you with their credit card

>> No.57956020

>>57955968
Hi jesse you gross jewish tranny.

>> No.57956062

This will be a range (the low 70s) for a whiiiiie. A couple of weeks. Dip into high 60s , right back up to low 70s. Boring. Until a little bit before halving.

>> No.57956159

>>57955862
god i can feel your rage

buy signal honestly

>> No.57956187
File: 2.06 MB, 1908x2922, 20240213_202410.jpg [View same] [iqdb] [saucenao] [google]
57956187

>>57956159
Lol ok cryptojesse

>> No.57956192

>>57955148
>i-i-i-it's a bulltrap cause I said so OK?
Retarded bobo get fucked.

>> No.57956235

>>57954874
i took profits at 59k and 70k, but have been buying since 17k and last time we hit an ATH i didn't cash out a penny. i may hate myself later but not going to lose out on literally free money.

>> No.57956265

>>57956235
yes but why? btc's code has no concept of "ath", it doesn't know what the price is and what the price was
you are giving too much importance to the Y axis, which is irrelevant, you should only look at the X axis
meaning you should buy in the green days (even if you think it's gonna go lower) no matter the price and sell in the yellow days no matter the price (even if you don't hit your target)
see >>57955959, it's literally that easy

>> No.57956270

>>57956187
hows the schizophrenia meds treating you bud?

>> No.57956296

>>57956265
accelerated cycle means sell point is probably at orange now

>> No.57956319

Honest question:

At some point no more bitcoins will be mined, right? Or at least become so hard to mine it might as well be impossible.

Also, if someone dies/loses their key, is the bitcoins then lost? I seem to recall multiple threads about this.

If both of the above is true then isn't it just a matter of time before there are no more coins left?

>> No.57956330

>>57956319
yes

>> No.57956331

>>57956265
you faggots were singing these same tunes last time at 60k and then it dropped to 30k. lets just see what happens, and then we can talk about the aftermath

>> No.57956334

>>57956296
>accelerated cycle
but we are not in an accelerated cycle, there's no such a thing
see >>57951119, we are perfectly on track
we are just recovering from a bottom that was lower than normal (first time we broke last previous ath downwards), this is just return to normal/crabbing
nothing compared to what we'll see next year

>> No.57956337

>>57955740
Wow, a 5x in price, never seen Bitcoin do that before

>> No.57956350

>>57956319
pretty much

>> No.57956358

>>57954785
It will go down most likely this month. Right now stocks are heading for a big crash and BTC will follow right after. October of last year BTC started this big blow off top pump and the stocks followed shortly after. This is all being coordinated by a few big entities which is why volume is extremely low across the board.

>> No.57956363

>>57956330
So logically destined to go to zero. Truly the future

>> No.57956370

>>57956331
>you faggots were singing these same tunes last time at 60k
no we didn't
last time, it was faggots like >>57956296 that told you that we were in a "supercycle" or whatever, expecting 100k
instead, we had the top in the yellow days as always; again, you should sell in the yellow days even if you don't hit your targets

>> No.57956372

>>57954924
An old man’s hairy arm with a fat baby’s hairless fist. Truly impressive.

>> No.57956384

>>57956363
just because theres no more coins doesnt mean no one is going to sell any

>> No.57956402

>>57956334
ever heard of diminishing returns? the only chance is that ETFs actually do change the game

>> No.57956406

>>57956319
>isn't it just a matter of time before there are no more coins left?
it's also a matter of time before there's no more oil, look at what that's done to its price

>> No.57956418

>>57956370
i dont think this is a supercycle, infact its going to end earlier and at a lower top

>> No.57956430

>>57956358
>which is why volume is extremely low across the board.
No, volume is low because the ambient swing traded balance got slurped and sold OTC

>> No.57956431

no coiner coping and seething will be glorious

>> No.57956436

>>57956402
>ever heard of diminishing returns?
yes this is exactly why i wrote
>again, you should sell in the yellow days even if you don't hit your targets
price (Y axis) is irrelevant
buy green, sell yellow
and no, this time is not different

>> No.57956471

>>57956337
>Wow, a 5x in price, never seen Bitcoin do that before
Reading comprehension fail right here. The blue line won't apply at that ratio in bitcoin because you cant influx more, so probably somewhere 100x or so on that.

>> No.57956541

>>57955182
>>57956192
check the chart, we always return to the mean
every bullrun has been a bulltrap

>> No.57956650

>>57956418
aaand when instead it will do exactly the same thing that it always does, see >>57951119, you will feel twice as dumb
one thing is being wrong because something completely unexpected happens: if an asteroid crashes your house tomorrow you would just say "well, nothing i could have done to avoid that" and go on with your life
but a very different thing is being wrong because you THINK something unexpected will happen, and then it doesn't. That's the most humiliating feeling ever, because everything in the world was pointing to something so obvious and you just didn't listen. You have no excuses but your own stupidity if that happens.
So yes, if this time is different for real, i'm ok with it, i couldn't predict it because all the historical data pointed in the other direction. I'll be ok with that. But if instead this time is NOT different, and i acted like it was, i would just kill myself for how stupid i was

>> No.57956733

>>57956370
yes we did, no we didnt , yes we did
why dont you just shut the fuck up? it is what it is, just admit you can predict shit, TA is bs, I know this is biz and we are all wolves of shitcreek here, but lets just be honest for once here, we dont fucking know whats going to happen. I took some profit, if btc goes to 100k , great. but I'm not getting caught with my pants down , hodling for nothing just for it to dump and start all over again

>> No.57956734

>>57956650
it has never reached ATH before halving, thats something unexpected

>> No.57956740

>>57954785
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their bitcoin will continue its 30% monthly price increase.

Nocoiners, and anybody born in a future generation, will not be able to afford a $10,000,000 satoshi in 15 years. They will live in tent cities, and Hondas.

This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.

>> No.57956753

>>57956740
just sold it all, thanks

>> No.57956811

>>57956740
Ive seen this pasta at least 3x recently

>> No.57956832

>>57956811
its from at least 2006 lol

>> No.57956847

>>57956734
yes but it never went below previous cycle ath either, that was 20k and instead we went to 15-16k
so we are just recovering from that anomaly imo
basically i'm not impressed by this "run" at all, i don't think it has begun yet
>>57956733
> it is what it is
this is just you accepting and coping with your own decision, what do you want me to say? that it was a smart one? it wasn't, there's no reason to sell in the blue days because the Y axis is irrelevant
and last cycle i was saying the same thing, ie that you should sell in the yellow days (60k) even if it didn't hit your targets (100k)
so if this time around it will be at 75k in the yellow days (late 2025) then you should sell it there anyway, because it WILL crash after that
if you are happy with your choice good for you, but don't act like it makes any sense just because you didn't listen the last time either and got burn

>> No.57956883

>>57954856
>mfw bought at $17k and up over 4x (as well as 20k and 25k)

>> No.57957237

Everyone had sells set for the old ATH and the price dropped, and everyone just bought in again and the price recovered straight away. Now everyone is holding because they don't want to get left behind in case the price doesn't drop again.

>> No.57957670

>>57956020
meds

>> No.57957762

>>57957670
Keep seething there jesse

>> No.57957838

>>57954785
inflation since last ATH means PPP ATH is about 90K. Then after that you have the bull run.

>> No.57957889

>>57954785
>why isn't it going down after a new ATH
why would it? it only sells off at the ATH break from previous bullrun. not every ath.

>> No.57958521

>>57956832
>from at least 2006
>bitcoin only began existence in 2009
Magical

>> No.57958554

>>57954785
Not even the first sell off doe

>> No.57958587

>>57954856
It was actually 30K retard

>> No.57958642

>>57954785
>why isn't it going down after a new ATH
>>57958207
>>57958220
>>57958242
>>57958256