/biz/ - Business & Finance

Bitcoin 2017/2018

>>6784622
It doesn't really look like the chart anymore, and it's kind of irellevant if bubbles don't every actually pan out like this.

Looks enough like the meme chart, no?

>>6784706
fuck that took a long time.

It makes it seem like crypto is in 1996 in dot-com bubble terms.

>>6784792
Things go a bit faster than in the 90's tho

>>6784836
But the market is also alot bigger this time.

>>6784706
most of the "stocks" making up the total market cap were fucking websites like pets.com, the equivalent of shitcoins today. the ones that survived were those with ability to scale like Amazon, kinda like agnostic white label tokens now, still got dragged down in the shitstorm though.

>>6784792
>>6784836
In my estimation we're at late 1998, and we're moving at double the speed.

>>6784942
Yeah seems accurate.

>>6784792
Make it 2001, at 10x the speed

>>6784622
Wow this eary

>>6785009

yeah, everybody should just sell

>>6784942
I'd say either that or mid-2000...

>>6784836

>>6784706
Crazy shit

>>6785155
right, well the thing is that media is still warning for crypto like crazy which makes me think that a lot of big investors are still out of the game.

>>6785169
The internet was a better place when this gif was made

Obviously it's never gonna fit the chart exactly but the stages are quite clear in most bubble charts

>>6785264
Fuck off with your annoying stuffed Pepe.

Gold & silver don't fit the chart as well

>>6785242
I think big investors (and normies) will come only after a massive 90%+ crash. We should end up with a handful of crypto's. Then, prices should stabilize and go up gradually. Big money will come in for the discounts and because mass adoption will start. Normies will come in as users, not investors, but this will drive further growth. Anyways, we'll either see one more massive pump or it's game over in a few months.

If this ends up being the big crypto bubble I'll be disappointed. This has the potential for a much much bigger one.

>>6784646
You'll never find smooth curves like in the "anatomy of a bubble" chart.

And the desparir level is exagerated too, it more likely follow the dotted line.
And fi you compared it will probably ends at the 8000 level we're we're going, that you like it or not.

And after that it doesn't immediatly rebound at $20k.

It will stay there for months, before the beginning of the next bubble.

It's not Bitcoin, it you see any other shitcoin, they all do the same.

>>6785482
>or it's game over in a few months
What the fuck are you saying? You sound stupid

>>6785362
you've never done TA have you?

this graph is bullshit, this formation, you will see it like 100 times if you look at the btc graph over the last years

>>6785155
pls be wrong

>>6784562
The reason btc wont match this exactly is cause the mean is higher since the price went up soooo much. Graph the line yourself and you will see what i mean. Same for the gold and silver bubble further up the thread.

>>6785621
I meant gold & silver don't fit is as well as internet/nikkei

>>6785560
Okay

The Dot Com Bubble Peaked at Three Trillion Dollars - we have some time,

though i think crypto can be higuer than this like 10-30 trillions??

>>6785944
Regardless, keep some fiat saved up in case all alts go on sale with 99% discount

>>6786108
What is the rationale behind comparing 'market caps' of different bubbles?

>>6784792
>>6784836
>>6785155

Just a reminder that URSS was being looted and money influx on that kind of crap was huge, when Russia finally dried out in 2001, all the ponzi websites fell, crypto has no one to suck but normies, and TRX and XRP already sucked them dry.

>>6786200
just wondering, crypto is a world wide mania running all days no stop with would be currencies

>>6786225
>USSR

Fix.

>>6786298
w-what?

Just a reminder that if you're relying on crypto for money, you are not going to make it.

>Not having a real job.
>Market is red.

>>6784562
ITS CRASHING SEE YOU ALL AT $3K! ALL GO TETHER

>>6786492
>bitcoin crashes
>everyone goes into tether
>tether crashes
the absolute state of crypto

>>6785271
this is right

>>6784562
I'm interested in buying the Amazon's and holding. What coins or projects will survive and scale?