[ 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: 225 KB, 1194x946, 1514530647138.png [View same] [iqdb] [saucenao] [google]
8562191 No.8562191 [Reply] [Original]

Will there be another 2000% bullrun or is the craze is over for good?

>> No.8562203

tbqh i think we'll have a slow bleed with bumps and jumps along the way for atleast 1-2 years

then mega bull run and total collapse of crypto bubble

>> No.8562212

no

>> No.8562213

>>8562191
for 95% of currencies, no
for 5%, yes you're in the next amazon

>> No.8562300
File: 139 KB, 876x1200, 72qgbct2x6e01.jpg [View same] [iqdb] [saucenao] [google]
8562300

>>8562203
> total collapse of crypto bubble
How will people convert it to fiat? It's like a liquidity trap.

>> No.8562438

>>8562300
use a fiat exchange???????????????????????????????

>> No.8562460

>>8562191
>>8562300
The problem is that 'Smart Money'/ the ones that are in it for the long haul are treating Cryptocurrency like a currency NOT a commodity.
Hence, the 1000x moon missions ended with the ICO crackdown

>> No.8562462

>>8562203
>a slow bleed with bumps and jumps along the way for atleast 1-2 years
oh fuck off i cant wait that long.

>> No.8562495

>>8562300

>converting to fiat
>ever

We're in this until crypto either dies or becomes the world reserve currency, if you aren't one of those and want baby gains, then that's fine too I guess.

>> No.8562502

>>8562460
There was no ICO crackdown though, nothing changed. ICOs were basically already unavailable for US residents

>> No.8562541

>>8562191

why would it be over before even reaching any meaningful level of adoption?

>> No.8562548

>>8562502
http://fortune.com/2018/03/01/sec-ico-cryptocurrency-subpoenas/
https://www.esma.europa.eu/sites/default/files/library/esma50-157-828_ico_statement_firms.pdf

>> No.8562572

>>8562548
They still can subpoena out of state icos and they said multiple times it was out of their jurisdiction. Nothing has changed.

>> No.8562579

i dunno op crypto has never gone up then down before so

>> No.8562597

>>8562541
Crypto is never getting adopted, fucking retard.

You think this meme money is worth anything? People don't give a shit about decentralization and the government will actively fight and FUD it.

Maybe in 120 years. You were born a century too early.

>> No.8562608

>>8562502
>>8562572
And Where is all the new liquidity going to come from?
China/ROK/India/Europe/the US are cracking down on crypto and calling cryptocurrency a form of 'taxable security'.
The reason why there was a non-stop BTC mania last year was because there were expectations that BTC can only go up.
There were constantly-increasing vast pools of liquidity coming from Korea, China, India and the US.
We were on the precipice of Normie adoption then.

But now?
Where the hell is the liquidity? Where is the volume?
The Normies entered and left, leaving only bag hodlers in their wake and Wall street to eat everything up for cheap
https://cryptodaily.co.uk/2018/03/20-college-students-use-student-loans-invest-cryptocurrencies/

>> No.8562684

>>8562597
>Maybe in 120 years. You were born a century too early.
nice perfect time to be an early adopter

>> No.8562701

>>8562597
Why are you even on this board faggot, crypto is the only thing that is discussed here anymore. If you think crypto is done why do you waste your time here?

>> No.8562756

>>8562191
Yes, we are at the start of one. Literally every coin has gone up.

>> No.8562760

>>8562191
yes
>>8561871

>> No.8562772

Shills still think that fake tweets work
IT IS CURRENT YEAR +3 YOU STUPID NIGNOGS

>> No.8563138

>>8562438
It will cost a lot in taxes, if your bank will accept the wire.