/biz/ - Business & Finance

>>57965298
you're early

It's not past ATH yet adjusting for inflation.
https://www.nasdaq.com/articles/adjusted-for-inflation-bitcoin-hasnt-topped-its-all-time-high

>>57965298
Bart trap

>>57965298
The meaning of this is that this pumpage is completely inorganic bullshit where retail is STILL not present (preferring to gamble with shitcoins instead for the time being) while ETFs and institutions continue speculating wildly, ending with a rugpull of the century which will then be politically used by people to prove, once and for all, that crypto just ain't no good for us maaaan.

And then towards the end of the year we'll start the bullrun for real and everyone will do a 180 on their opinions during the course of the year ofc.

It's been like this for a while now. I think people are
a) Used to hearing about BTC ATHs. This is what, round 4 now? It's barely making regular headlines anymore
b) Tired of financial news. Normans are probably sick of hearing "interest this" or "inflation that". I'm sure a lot of them have just tuned out financial news at this point. So you'll see less people over here from other boards and outside
c)This site is dead. Can't remember the last time 4chan did anything of relevance. Reddit at least had the WSB thing, so most people will look over there first for info

>>57965298
4chan is the "racist pedophile" website these days. Terminally online leftoids avoid it like the plague unless they are here to stir shit.

>>57965298
the captcha is difficult

>>57965383
kek are you me

>>57965383
this seems like the most reasonable take
it feels like its just an echo chamber, and capital rotation - while there is not really any new entrants/capital

also i see everyone on twitter, youtube calling for BTC to go parabolic here
also the fact that meme mania to happened over the past month

this could truly be a huge bull trap and btc will dump back to 40-50k over the next few months

i also see a lot of folks saying
>retail is not here yet, were going to pump so hard
>btc goes parabolic after it breaks ATH
>the halvening hasn't even happened yet
>ETF infinite inflows

just 1 month ago, the sentiment was completely different
how do you guys feel about all of this?

It means 4chan has more bots posting than real users.

Normies are burnt out and tapped out, most are struggling and given up on finances.

4chan is shit now

This rally is entirely investment firms and richfags hoarding

Nobody has extra money right now

>>57965550
this. thats why im gambling on ultimate solana shitcoins with my lunch money

most people are sidelined this cycle.. nobody thought we would pump before the halving

>>57965486
I feel very bullish. People are getting a bit angsty because BTC is pumping and alts are going sideways but it's only a matter of time that the alt season comes. Crypto whales will sell their BTC and rotate to alts like they always do, this time it's jsut that BTC is pumping harder due to ETFs.
The moment the fed stops being a whiny little bitch and starts lowering rates the party will start.
There are trillions of dollars sitting on banks and governement bonds due to high interest rates. If the rates go lower all that money will start pouring into the stock and crypto market. The fed is just very mad people are frontrunning them. They really don't like lowering rates while the SP500 and BTC is at ATHs.

>>57965500
I asked friends (late 30s) why they aren't interested. They are either no-coiners or hold a small amount. They said they don't have thousands laying around to gamble.

>>57965298
BTC might as well be crabbing because nobody in retail is going to buy at those inflated prices. i hope it at least gives me a year to save up before it crashes back down to $15k so I can buy back in big and make some real money next time

>>57965614
hasn't alt season been happening for the past 3-6 months?
most alts pumped at least 2-3x off their lows
some alts did 5-20x over the past few months

the thing is, i mostly agree with what your saying, but don't most people have this exact same train of though?

>>57965298
Golden bull run

>>57965298
Because BTC is now 72k which means even a crazy number like 150k is a mere 2x from here.
While you could buy NVDA, SMCI and make a 10x.
Even boomer stocks like DELL went 100%.
Bitcoin went from being a crazy performer to an average stock.

>>57965665
X2-X3 isn't an alt season it is merely an inflation adjustment.
>alts did X5-X20
Dog coins ?

When JP said that BTC would go to 42k next month that wasn't a prediction it was a statement of intent.

Banks bought 16k-30k and are now letting you pump their bags. When it gets closer to 100k they'll run with the money and rug you.

>>57965827
why do people think bitcoin will only go to 150k?
after 100k then 1M is the next target

biz will green wojak when we reach 80,90,100k, irregular numbers are meh

>>57965298
>>57965383
>retail is STILL not present
Retail is eighter never coming back or strongly bullish, its just that /biz/ got killed by scum, jeets and jannies

>>57965500
this. for my job i work with near everyone at the office location so all people employed in a typical f500 company. most people make between 50-60 and low 100ks. None of them have any money. they're completely tapped out from inflation on everyday life and rent.


>why is biz slow

biz is a bunch of bots with zero original thoughts. if i ask biz how i should spend my 2023 bonus which should clear soon i don't even get shilled unique stuff, i get stale copy pasta from what hit twitter and reddit months ago.

that's why. if i want someone to tell me the sp500 will out perform an managed ETF that charges 2% AUM yeah that's good advice but i can also get that shit from A) any investment book ever B) facebook or reddit groups C) youtube D) the assclown you're paying 1-2% of your total money every year if they're even a little bit honest

>>57965431
Thats the jews from israel well poisioning. Also, jews rape kids

>>57966233
FACT CHECK: OP statement = FALSE
there was just a state of the union where the government said that inflation is actually going down, and the economy is doing really well.

>>57965444
This
>>57965497
This
>>57966157
And this

FOMO people that get rugged by sol/bsc casino arnt coming back here when they FOMO again

>>57965383
>what I would like to happen
>with no evidence to think this
The post

>>57965298
Jannies killed the board and turned it into /LINK/ general. Naysayers get the ban hammer.

>>57966157
Everyone has already made up their mind about crypto. People came in 2020 because they were sitting at home with nothing to do. Anyone whoever considered buying crypto either already has or was burned and is not coming back. It doesn't really matter anyway because the ETFs are pumping us so hard.
>Please wait a while before making a post

>>57965399
>c)This site is dead. Can't remember the last time 4chan did anything of relevance. Reddit at least had the WSB thing, so most people will look over there first for info
This, jannies became absolutely deranged here so there is no comparative advantage anymore and the reddit hugbox lends itself more to hype.

>>57965298
Jannies range banned almost all of the would be posters.
I

>>57965298
It means you're mid bullrun
Keep buying

normies are not coming back

>>57965500
this. crypto has had a damaged reputation since the crash. in addition, people don't have enough money lying around in real life and don't want to risk it. at the moment, only big agencies are in it

>>57966401
this

>>57965665
Thats not alt season. Alt season is where they go ballistic - 15%+ per day - and we're talking blue chips not dog coins

>>57966449
Trump lost.

>>57965298
Its dead because people need shiny new toys to get excited.
$100,000 is a shiny new toy.

>>57966587
People have been saying this literally since 2017 and probably earlier. It has not once been true lol

>>57967100
not my problem

>>57965298

Bullrun hasn't started yet

Bullrun only starts when:
#Eth is x5 or x10
#Litecoin is x50
#Chainlink is x3
#Bat is x3
#Ripple achieves an amazing record of only -10% in a month
#BTT is x10

Until then this isn't a bullrun and there is nothing to be excited about. A real crypto bullrun would see some of the above x100

The only coin that is bullruning so far is solana which did a x10 lately

Everything else is just a minor up from crab market. Nothing to be excited about. I mean bitcoin did a x4.. yey..

Crypto bullrun is only when non shitcoins (fundamental alts) do x100. We aren't even close to that yet

>72k rejected

It's over

>>57967637
Wall of worry

>>57965399
normies still called me when bitcoin made an ath they'll play the same game for their entire lives

>>57965383
>billions of dollars a week in new inflows is inorganic because... because it just it ok!?
bears are mentally ill

Eggs are also past ATH. $70,000 in 2024 isn't shit.

>>57965624
Many such cases. Nearly everyone I know, including people that hopped on towards the end of last run, are simply not comfortable "gambling" right now.

By the time they realize the game has changed and the world is pivoting to crypto BlackRock and friends will own substantial chunks of supply. Welcome to Maggie's farm

we're only just beginning. expect some swings here and there.Tthis is the golden bullrun. position yourself accordingly cuz it's gonna be a ride. im taking small profits on memetokens and putting them in bluechips. we're gonna have a great year frens.

4chan is dead because this site got killed by gay mods and jannies.

Any conversation that deviates even a little outside the confines of the board’s intended purpose is instantly banned. See what happened to /sp/ /tv/ /biz/ etc. its just not a fun website anymore and thats why there hasnt been a good meme from 4chan in years. Also boomers discovered the website after 2016 and pretty much made it shit.

>>57968082
Agree 100000000000%

Mods turned 4chan into reddit unironically, we can't do anything original/different here anymore or we are banned

>>57968141
I've been banned for 7 days like 6 times already. It's literally killing the board when a big chunk of active users (people who post replies or threads) get banned.
If you ban a lot of active users the board slows down to a crawl and passive users (readers) jump ship too.