/biz/ - Business & Finance

>meme graph

>>8583250
1000-10000 is not a bubble
10,000-100,000 won't be a bubble either
>see you @ 100k fag
>IQ so low doesn't realise total Mcap is only 300b

>>8583287
wtf is this? you think just because you changed the view to log the whole thing can't tank? lmao

>>8583287
unironically this
>>8583510
>>8583250
you two need to do this world a favor and kill yourselves, thanks

>>8583522
>no arguments

kill yourself literal braindamage patient

>>8583540

>>8583250
>30 billion USD in emerging tech market
>bubble

please go back to school

>>8583250
OP don't expect these brainlets who have already lost over 70% of their money (and will lose the rest) to understand this.
let them keep lying to themselves as we ride down the slope

>>8583250
so we going back to 100$ huh

You people are being hit with disinformation to suppress the price of a commodity until there is enough liquidity present in it for big boys to trade.

January 18, The SEC rejects Bitcoin Futures ETFs. People in the know, shatter the market and media narrative to turn the usual retrace into a crash.
https://www.sec.gov/divisions/investment/noaction/2018/cryptocurrency-011818.htm

March 26, CBOE is urging the SEC to allow the ETF because they have enough futures data. Expect this market to turn on a dime shortly before the ETF appears. Headlines like "SEC says Bitcoin is safe for wallstreet", "Coming regulations making Bitcoin safer", "Wallstreet able to protect against the dangers of cryptocurrency, the time to invest is now".

The narrative is going to change to cryptocurrencies being something that were just too wild, to having most of the scams washed out and being ready for the growth that we saw in the dotcom recovery.

Their version:
https://www.reuters.com/article/us-cboe-etf-bitcoin/cboe-urges-u-s-regulators-to-move-forward-with-bitcoin-etfs-idUSKBN1H224L

Our version:
https://www.coindesk.com/cboe-argues-for-allowing-bitcoin-etfs-in-new-letter-to-sec/

So just calm the fuck down, stop looking at the "breaking news" and study the metagame here. It's all very choreographed.

>>8583287
The problem with that is that according to the pattern it still has to fall even lower before it hits floor level.

Perhaps 6-7k or so, and stay hovering there for a few months?

>>8583703
Wise words.

>>8583724

but we hit 6k already

>>8583703
>until there is enough liquidity present in it for big boys to trade.
December buyer spotted

>>8583761
>moron spotted

Market buying has to occur for certain financial institutions to stay compliant.