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

/biz/ - Business & Finance

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File: 50 KB, 1000x600, bitcoin-forecast.png [View same] [iqdb] [saucenao] [google]
7946107 No.7946107 [Reply] [Original]

You fucking idiots think this will happen? Look at the past 3 months, there is an obvious downtrend. Bitcoin is dead. Just get out and save your money.

You're risking money for a *possible* 2-3x. Woah big deal! You could just fucking save it. If you're gonna risk money, at least do it on some shitcoin that actually might moon.

Gone are the days where bitcoin is a "safe" long term hold. This shit is returning to mid-2017 levels.

>> No.7946121
File: 8 KB, 211x239, 1513448820455.jpg [View same] [iqdb] [saucenao] [google]
7946121

>What is a log chart

>> No.7946125
File: 79 KB, 1145x798, S_and_P_500_chart_1950_to_2016_with_averages.png [View same] [iqdb] [saucenao] [google]
7946125

>>7946107
Here's a cheat sheet for the future.

>> No.7946147
File: 7 KB, 231x218, worry.jpg [View same] [iqdb] [saucenao] [google]
7946147

>>7946125
that's a bubble

>> No.7946191
File: 34 KB, 1146x452, 121ca08fcad90dd0a237f1faed9f8c17.png [View same] [iqdb] [saucenao] [google]
7946191

Next bubble will be the big one. Possibly Q4 2018 or 2019

>> No.7946194

>>7946121

> What is happening to muh investments oh fuck I'll just change the axes to make it look better

>> No.7946235
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7946235

>>7946147
>yfw when it's gone up even more since then at an exponential rate

>> No.7946281
File: 71 KB, 1596x667, f038be43119b944f0b37dc9782b46b8d.png [View same] [iqdb] [saucenao] [google]
7946281

>>7946191
2 potential futures

>> No.7946288
File: 42 KB, 650x433, Throwing-up-after-a-run.jpg [View same] [iqdb] [saucenao] [google]
7946288

>>7946125

You think the combined market growth of 500 large companies, offering a plethora of services, is comparable to BITCOIN?

>> No.7946312

>implying anyone here holds btc

we're poor as fuck anon everyone is all-in $100 on link

>> No.7946328

>>7946288
Yes. It's all investors speculating. Actually cryptos can increase much, much more as it has such a tiny global market cap atm. Investing in companies and start ups from your browser window in a second is revolutionary.

>> No.7946345

>>7946312

BTC controls the market

>> No.7946364

>>7946345
no it doesnt. when btc goes up altcoins go down, when btc goes down altcoins crash. everyone knows this

>> No.7946388

>>7946328

You're right, it's revolutionary for THEM. They get quick money for their projects without all the traditional hassle. The only hope is making short gains on these initial investments, not BTC itself. BTC used to be a good long term hold

>> No.7946425

>>7946288

>sweden

lel

>> No.7946444

>>7946364

>Implying BTC and alts have unrelated trends

>> No.7946448

>>7946125
kek actually legitimately BTFOs OP, this looks surprisingly like bitcoin right now

>> No.7946452

>>7946288
They'll start getting it when it's starts falling below 6k again.

>> No.7946480

>>7946107

Faggot

>> No.7946492
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7946492

Project to EOY

>> No.7946513
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7946513

>>7946480

>> No.7946517
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7946517

>>7946107
Oh, this moron FUD again.

>> No.7946585

>>7946492
source?

>> No.7946616

>>7946121

> changing a graphs axis until it fits your biases

Let me guess, the pic you posted is you?

>> No.7946641

>>7946517
1) dotcom bubble lasted 4 years
> Bitcoin been exploding for longer

2) Real businesses offering a real plethora of services invested in dotcoms, greatly increasing it's base price from the start.
> People invest in BTC because fomo

3) You're implying that the broad market of the fucking INTERNET is comparable to the niche market of blockchain
> No wonder it reached fucking trillions

>> No.7946650

>>7946517
Implying blockchain and smart contracts are a 14 trillion dollar industry (because of inflation)

>> No.7946668

>>7946650
Implying they're a 800 billion dollar industry...

It's in the trillions

>> No.7946742

>>7946668
No, you stupid motherfucker. Crypto is barely being used right now. How is a vaporware industry supposed to be worth trillions. That is ridiculous. Maybe when it starts getting used more, in 2019, we'll see it reach 2-3 trillion.

>> No.7946744
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7946744

>>7946492
>Bitcoin bubble FUD
Pretty retarded

>> No.7946810
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7946810

>>7946107

Sorry if the price hasn't gone down as much as you'd like it to however: 1. /biz/ has no influence on the price. 2. If people didn't sell during the crash you think they'll sell because you want them to...? Anyone who isn't selling now has more compelling reasons for doing so than anything you can interject on the subject, sorry!