/biz/ - Business & Finance

>>8831709
We all have shorts open brah

>>8831709
Cause we're all shorting now, so we're making money either way

>>8831728
>>8831730
>Activate short_hunter.exe

>this is a ridiculously low price for btc
When it passed $4k last year (on the way up) nobody could believe it. What has changed since then?

I hate crypto and I hate btc right now. I wish I never got into any of it.

https://en.wikipedia.org/wiki/Creeping_normality

>>8831709
Zoom out, 9 months-8years ago people would dream of this price. This is still a bubble, there is no volume of people actually buying/selling anymore, its just margin trading

>>8831709
It's going to 4 or lower homie.
And it's going there sloooooooow

>>8831709
Bitcoin is a meme that's dying, it's better to get off this sinking ship now bitches.

>>8831813
>t. altfag
Altcoins will drop as BTC drops, as always.

>>8831709
>just a few months ago people were saying that they set their shotguns to kill them if it goes below $10k because of how unrealistic it was for the price to go that low
That's why it's quiet. They're dead.

>>8831764
found the guy who bought at the top

Anyone ready to shoot themselves after an at most 50% drop in crypto would probably end up kts themselves over some girl before long.

Patience friends

>>8831709
It was supposed to happen, we have to go down in order to go higher, just like there is a dip before an higher pump.
We were supposed to go short and rekt normies that entered during the previous bull run.
But some of us stayed stuck in the Euphoria phase.

I've done pretty well. I've been sitting in fiat since $15K, getting ready to buy back in and start playing the daily swings again (wish I had enough invested to make it worth it).

For you long holders, July/August looks like absolute bottom, but a couple months in either direction won't make much difference.

WA resident. Where the fuck do I have to move to put my profits back into my bank account?

1x BTC = $7000 USD

How deluded are you to not think this is over valued. Lol.

>>8831709

>>8831709
>nobody is even panicing
They should be

The following bubbles have popped:

https://trends.google.com/trends/explore?date=all&q=bitcoin
https://trends.google.com/trends/explore?date=all&q=cryptocurrency
https://trends.google.com/trends/explore?date=all&q=blockchain
https://trends.google.com/trends/explore?date=all&q=coinbase
https://trends.google.com/trends/explore?date=all&q=bitfinex
https://trends.google.com/trends/explore?date=all&q=gdax
https://trends.google.com/trends/explore?date=all&q=ethereum
https://trends.google.com/trends/explore?date=all&q=binance
https://trends.google.com/trends/explore?date=all&q=coin%20telegraph
https://trends.google.com/trends/explore?date=all&q=coindesk
https://trends.google.com/trends/explore?date=all&q=ico

>>8832414
A 5% increase on a $1 btc is the same as a 5% increase on a $20K btc. Price doesn't matter, just percentages.

>>8831709
Bitcoin made both my hands and heart adamantium

i will be hodling literally until i die or i am in lamboland

weak handed fggts

I'm making so much money shorting. Told my family to go all in shorting on bitmex. 4x or bust

>>8832771
so obvious you have to be an idiot not to see this is going back to 1000 in a few months. free money shorting.

>>8832554

Yes yes, pushing a desk 1 feet is the same as pushing a whale 1 feet

>>8831709
>btc is below $7000 and nobody is even panicing

all you had to do is buy BTC before November, people who bought in the 1st semester probably don't even give a fuck right now

>>8832579
This.

>>8831709
Why panic? The actual, for real this time bullrun is a week away.

>>8834350
? u got a sauce on that or are you blowing shit

>>8831763
Pretty much, if you had told me in 2016 that bitcoin would over $6k in 2018 I wouldn't have believed you. Kind of funny that people are feeling suicidal over it being worth more than 10x what it was two years ago, guess most of those left on /biz/ really did just get in lat last year after all. Did most of those who were in it earlier make it and leave? Am I one of the only ones left that's not rich yet? I should have bought more BTC I guess.

>>8831709
>this is a ridiculously low price for btc

>>8834350
People like you say the same shit every fucking week of every fucking month, and so far 4 months of loss has passed.

>>8834605
>I bought in december
Your opinion is literally worthless.

>>8831709
Sounds like you accepted 20k or 10k as normal
Anything above $1 is overpriced

I need it to hit my 3k buy orders

alt season starting soon strap in boys

Everyone here is a panicking newfriend who bought the top. Anyone else here remember early 2017 when this shit started breaking 2000$?

I'm still waayyyyyyyyy in the profit, and so should most "oldfags" (anyone who isn't brand new) be too. When I hear shit like "You're stupid to think this can't go back to 3k before another bullrun" I'm like wow, the lowest these fags think it can go is 6x what I originally threw into it. Seriously this market has been incredibly unpredictable and manipulated, if you think it's over and this will all disappear you're short sighted.


Everyone from the early days were buying in because they believed in the idea of this new monetary system, as well as wanting to make money. Today this board wants the quickest pump and 90% of investors and shills would run from crypto after a tiny profit and be proud of themselves for "playing the system as ebin wallo street trador".

Unironically up to lambos or down to nothing my friends, if you want small consistent growth go buy fucking stocks.

>>8831709
Cuz we holding ETH dumb nigga. At least the smart ones of us.

>>8834402
>>8834605
It's called tax season you brainlets

>>8834491
Price memory is a hell of a thing.

>>8834627
I bought in Februrary 2017. I'm still 10x times my initial investment, but the fact I'm -86% from ATH crushes me.

>>8832579
>He fell for the hodl meme.

AHAHAHA. You'll be slapping yourself over easy gains you could have made.

>>8831709

>he saw btc crashing months ago, and instead of exiting out of his positon he has hedl through a 80% price drop from ATH

You are the embodiment of biz

Brainlets that can't short deserve to lose money.

>>8834627
>>8834729
It's going down to 1 cent

>>8832426
literal prodigy

>>8832429
the most retarded post
who the fuck googles what bitcoin is after they already know what it is

>>8833066
Except with investing percents and liquidity matter. We look for % gains.

>>8831829
ETH is slowly decoupling.

>>8831709

>>8834605
4 months? It’s been two months you dumb cuck

It's because they want back to /r9k/ or /pol/ or wherever else pajeets shilled that their designated street coins will finally buy these autists love and admiration before they lost all their savings after buying in January and selling in March.
Most of other red wojaks you'll see are just trolls or anally anguished anons copy pasting shit about IRS and FUDs with no source or INEVITABLE *dead shitcoin* PUMPS in a display of crab mentality.

>>8833066
>btc ($6700) price increases by $1
>dcn ($0.00024) price increases by $1
totally the same thing, brah.

BTC is actually worthless and hopefully a dying meme so that coins that actually DO something can take their rightful place.

>>8834729
Fuck that was absolute cringe to read.

>>8831709
>acceptance

>>8831748
>Short the shorters

Nobody here actually owns crypto trash anymore. Surely you're not still bagholding, OP?

>>8836502

You'll have to explain to me how a global, trustless currency with a proven track record of security and immutability is worthless.

>>8831709
Going under 6K is bad

>>8836270
you might want to look at the catalog before saying stuff like that
this board is unadulterated thrash, a classic example of what normalfags can do to a board