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/biz/ - Business & Finance


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6949834 No.6949834 [Reply] [Original]

At what price point will /biz/ accept bitcoin crashing as a reality? 9k, 8k, 7k, 6k?

>> No.6949849

>>6949834
Would have to get under 9k.

Don't tell the Bogdanoffs.

>> No.6949866

>>6949834
7,500 will be a good entry point if support holds, if not we're going to 2k

>> No.6949879

>>6949834
7k is actually dangerous.

>> No.6949892

8k is where it gets scary for me

>> No.6949898

100$

>> No.6949911

>>6949834
there are a lot of memers expecting 8k, so i guess it needs to go way below 8k.

my guess is 5k

>> No.6949975

>>6949911
If people are expecting 8k, it will be a game of chicken.

>> No.6950279

>>6949866
>yeah no, to 500. Wait no, to 100!. Sell now aaaaaaaaaaaaaaaaaaaa you stupid sheeple goys it's totally going to crash. Bubble! Ponzi!
Nice, just bought 100k.

>> No.6950304

>>6949911
I am hearing 5K to much going to 2K

>> No.6950313

>>6949834
The price where I bought in.

>> No.6950339

If you have not sold at 19k you are beyond help

>> No.6950340

>>6949834
$1300 is where I'd start making a loss on my investment, but that's not gonna happen, there is too much demand and too few bitcoins, with 80% already mined

>> No.6950355

It'll be a real crash if we get a new low.
That's it.

>> No.6950524

You just have to go on any social media platform to realize that we are going much lower. The absolute mindless ignorance and fanaticism on Twitter, Reddit (lmao this place actually managed to get worse for cypto), Facebook and the fucking retarded discord and telegram pump groups is an indication that the market's value is heavily based on weak investors. The decline is going to be painful. We're going to 1.5 to 2k BTC and spring/summer total market cap.

It won't happen fast. The fanaticism will last a few months and then people will get bored of being -5% each week and cash out until we've dipped to the bottom next summer/fall.

We'll begin growth again end of this year as real adoption begins to take root.

>> No.6950537
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6950537

Look on coinmarketcap, volumes are falling across the board.

The crash hasn't even started. I'm sitting in $ till the bottom, wouldn't be surprised to see it fall below $5k at all, it wasn't that long ago that it smashed past 5k.

>> No.6950731

>>6950524
>We'll begin growth again end of this year as real adoption begins to take root.

what real adoption? not going to happen

>> No.6950750

>>6949834

0k

>> No.6950776

>>6949834
Under 1000$ for more than a year

>> No.6950778

>>6950731
when real adoption happens, you're going to brag to the people who you wish were your friends that you saw it all coming in january of 2018. kys

>> No.6950790

>>6949834
I bought my BTC at 4k so I'm in no way... "crashing"

Yall niggas bought high

>> No.6950794

>>6949834
Delusion adjusts to new situations.
People will keep saying that it's just regular January dip in March when Bitcoin is at $300.

>> No.6950795

13k was already a crash for many of us

>> No.6950835

>already pulled my investment out
>still up 15x my initial investment
eh, I cant say it bothers me.

>> No.6950862

why isn't ~50% a crash

>> No.6950893

>>6950835
Just ran the math. Its actually 23 times.

Im okay.

>> No.6950896

>>6950862
50% pullbacks are pretty common after strong bull runs. Still, the overall sentiment is what makes this more like a crash imo.

>> No.6950906

>>6950778
>bragging about crypto ever
you're retarded, if anybody asks you about crypto ever, you answer "dat coin bits sound kind of fishy to me" you idiot. Good luck being future victim.

>> No.6950919

>>6950893
Can't complain there.

>> No.6950925

>>6949834

The real question is what point it would take to get to r/bitcoin to accept it.

>> No.6950994

>>6950925
MAYBE $1. MAYBE.

>> No.6950995

>>6950906
Exactly the same shit people said about the internet in the 90s. First the normies scorned it. Then they acknowledged it ironically and patronizingly. Then they fucking came in and claimed it for themselves.

Crypto isn't just going to change the way we trade, but the way we fucking communicate. The way we build our society.

>> No.6951013

tony vays thinks 7.5k

>> No.6951022

>>6949834

if you ask me ... 3500$ was the ultimate high price i would've considered BTC to be acceptable

>> No.6951104

futures are about to expire in like 5-6 hours, what a coincidence right ? this crash is expected and there is no reason to freak out about this, actually if you are smart you should be prepare to buy anytime now, but don´t expect to BTC to go below USD 9.900 max

>> No.6951134

>>6951022
Give it a year, that number will rise to 10k$ in your head

>> No.6951172

>>6951022
and how did you arrive at that arbitrary number?

>> No.6951193

>>6951104
I'm sitting on cash right now on kraken. Should I buy some now or wait?

>> No.6951195

>>6951104
I choose to believe you.

>> No.6951208
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6951208

>>6951104

>> No.6951281

>>6951104

It doesn’t matter when they expire, you dumb motherfucker.

>> No.6951419

>>6951281
yes it does dipshit

in 1-2 days we will be at 12k guaranteed

>> No.6951429

4k I panic.

>> No.6951462

>>6951419

That may or may not happen, but it has nothing to do with the contracts, you tinfoil hat wearing moron. You don’t even understand how they work.

>> No.6951477

I honestly want this shit to crash, that's the time where accumulating will make you rich

>> No.6951492
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6951492

FUCKING CHINKS

>> No.6951529
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6951529

>>6949834
below this
https://diegorod.github.io/WillMcAfeeEatHisOwnDick/

>> No.6951592
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6951592

If it stays below 10k for 3 days or more, normies will be out for good and we'll be circle jerking our own money around. People will be saying 'a month ago it was 20 k and now its not even 10k? A 50% drop in a month...lol NO THANKS'? Exchanges getting 'hacked' won't help either.
We'll see 2k by end of year and we'll hafta wait years for the re-pump.
It was fun, but its over lads. Target and Walmart are always hiring qualified associates like you.

>> No.6951614

>>6951104

Why do you expect a bunch of wall street kikes to long bitcoin? They won't.

>> No.6951651

What will happen to Ethereum in this crash?

>> No.6951681
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6951681

>>6951651
it'll moon!
>j/k it'll sink as much on a percent basis :(

>> No.6951706

>>6950339
At least one person makes sense.

>> No.6951727

>>6950778
>when real adoption happens
yeah sure but that'll take forever and it wont be shitcoin

>> No.6951743

BTC needs to disappear. I can't drag the market around with it like this forever, it just isn't normal.

>> No.6951782

Most people expect 8-8.5k as the support, so I think it's safe to say it wouldn't drop that low as there'd be too many people buying just above that level. Realistically I don't think we'll go much below 9 again, but that's not necessarily what biz wants to hear.

>> No.6951810

Never? /biz tards are living in magical reality. They're too deep in delusion to be saved.

>> No.6951836

about threefiddy

>> No.6951862

>>6949834

>Bitcoin STILL over 10k

KYS OP

>> No.6951873

>>6950995
Dude the point was someone’s gonna take your keys. Nobody could rob you of your google stock kek

>> No.6951883

If btc falls to 200$ i’ll be even so only loss would be my time which would been wasted on games.
Still anything under 8k is worrying a bit.

>> No.6951901

>>6949834
most of the /biz/ got in after 6k pump, i think 8k will be exit point for most

>> No.6951915

>>6951862
>still

so you're already acknowledging it will go lower

>> No.6951921

>>6951462
Mate were you not watching Jan 17th? Either the futures are bigger than we think OR the futures conspiracy becomes a self fulfilling prophecy regarding BTC price. Either way futures matter and I'm 99% sure we're gonna see a 100b+ market cap increase during the hours of 4pm GMT onwards

>> No.6952023
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6952023

>owning btc

Nigga I'm all in with link, top 5 eoy.

>> No.6952045

>>6951782
It will bounce there for sure but a lot of people will just use this as opportunity to dump above 10k before it goes lower

>> No.6952050

>>6951915
>Still
"up to and including the present or the time mentioned; even now (or then) as formerly."
In no way does using this word mean that he's acknowledging that it will go lower at any point, stop being an English sperg and fuck off.

>> No.6952103

>>6952050
I wasn't talking about the definition you twat. The word "still" usually has the implication that the current state is not permanent and is going to change in the future

>> No.6952192
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6952192

>>6952023
>he fell for the memes
Rejoice /biz/

>> No.6952214

>>6952103
>Implying implications
Hey fucktard that's not even true in the slightest.
"I still can't do 5 consecutive backflips mid-air" does not imply that this is going to change in the future and I'm magically going to be able to do 5 backflips mid-air.
Also you specifically targeted the word "still" and used that to put words into his mouth that he didn't say. Furthermore "The word "still" usually has the implication that the current state is not permanent and is going to change in the future" is a crock of shit.
This is you bending and perverting the definition to fit your own agenda because you can't handle looking like a sperg.
Why don't you take a flying fuck at a dictionary but I suppose they're wrong too.

>> No.6952275

>>6952214
>"I still can't do 5 consecutive backflips mid-air" does not imply that this is going to change in the future and I'm magically going to be able to do 5 backflips mid-air.

it does you fucktard. You saying that you still can't do something has the implication that you are aiming to do just that. So assuming that you are not choosing something completely unattainable, this sentences carries the implication that you will, in fact, be able to do 5 backflips mid-air at some point.

>> No.6952354

>>6952275
No it doesn't, read a fucking dictionary, here I'll even give you the link you lazy indenial shitcunt.
https://en.oxforddictionaries.com/definition/still

>> No.6952446

>>6952354
>https://en.oxforddictionaries.com/definition/still
>1.1 Referring to something that will or may happen in the future.

>> No.6952478

>>6950339
Literally this.

>> No.6952573

>>6952446
How about next time you post the full thing.
Referring to something that will or may happen in the future.
‘we could still win’
He didn't say "Bitcoin could STILL go under 10k"
He said "Bitcoin is STILL over 10k"
Using that particular defintion doesn't make any sense at fucking all in the context of the sentence. I sincerely hope you're just LARPing as a total illiterate retard.
Up to and including the present or the time mentioned; even now (or then) as formerly.

‘he still lives with his mother’
‘it was still raining’
Meanwhile this primary definition meets the context of his sentence perfectly.
Now stop butchering the English language to avoid having to admit you're a fucking pleb.

>> No.6952602

NEVER CRYPTO IS THE FUTURE LALALAAAAAAAAAAAAAAA

>> No.6952617

>>6951782
I can see price dropping to 8.9k and reversing. But I think the real panic selling will start under 8k. So I’d say around 6.66k for the bottom.

>> No.6952623

>>6951172

checked on BTC for months it was around that price - next week > 10k > 15k > nuts

>> No.6952652

>>6950339
Sold at $19300
Bought back at $14k
Sold at $11k5
Bought back at $15k
Sold at $13k
Bought back at 14k
sold at 9k5$

>> No.6952701

>>6951614
>wall street kikes
pls leave the internet

>> No.6952724
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6952724

>>6952192

This guy gets it >>6952652

>> No.6952759

>>6949834
hopefully never so i can laugh at them when they lose all their money from making stupid decisions, the day of the nocoiner is coming.

>> No.6952778

>>6949834
waso waso

>> No.6952801

>>6952652
This is why I'm not swing trading. I just suck at it. I see now why 90% of daytraders are losing money.