/biz/ - Business & Finance

sell everything you have !

>>9692654
>comparing a shit speculative 2014 btc market to 2018.
never gonna make it

>>9692654

>>9692654
bears getting desperate
and im not even that bullish

>Technical analysis

>>9692654

If things are going to repeat like they did in 2014, shouldn't that mean we're in the mini bear between the two huge bull runs?

>>9692654
i agree with the closing scissor, but nobody knows what comes after. it can do up down sideways whatever. it all depends on outside events and whether trust in fiat takes a turn because say italy fucks the euro zone.

>>9692654
anon, you see all those red and green lines at the base of your photo, just above the dates-- that's called volume. it's a little tidbit you happened to over look. now, you might notice the volume in 2014 was practically a 1/3rd from what it is starting in jan 2018. so your story was pretty neat, kind of boring, but it's missing a glaring oversight that will ultimately destroy your prediction in the end. sorry chap:(

>>9692687
>be brainlet
>see any chart, and automatically regurgitate the "TA is stupid" meme
>feel slightly less like a brainlet

>>9692814
>TA in crypto is valid

>>9692705
Do you honestly think that the market will 10x within this year, even after the bubble has popped, scams have still not yet died out and mainstream adoption is nowhere in sight?

>>9692832
Market, no. My portfolio, yes

>>9692819
TA is brilliantly and perfectly suited for crypto. How good your results are is 100% correlated to your skill and knowledge.

>>9692945
if you throw chicken guts on a plate you can 100% see the bitcoins coming price movements it just take skill and knowledge.

>>9693035
>hes not using TA + astrological trading + advice from his angelic guides to increase his portfolio

never gonna make it

>>9693106
chicken guts are easier really. good enough for minimal effort.

>>9692832

It's happened before is all I'm saying, which is about the same level of reasoning OP is using.

>>9692758
Most of it's faked.
70% of this volume comes from "Lbank". 8th "biggest" exchange right now, more volume that gdax or bitstamp. Do you know anyone that uses it?

>>9692945
hope you are memeing, if not you are a fucking retard

>>9693289
>Do you know anyone that uses it?
Yeah...all of fucking china. Retard.

>>9692654
crypto is dead for good unironically no market that supports the sale of baby organs will ever thrive

>>9693456
if there is a demand sadly there is a market.

>>9693425
That's the spirit!
I heard bytecoin was the monero of china, do you think it will reach a new ATH?
Or should I be buying more ethereum of [shithole]?

>>9692654
>850 days of bull = 3642 days of bear
>crypto will stagnate for 10 years during a period where mainnets and new projects are popping up every week

thanks OP, i'm cold storing my stack of 100@20k bitcoins for my grandchildren now.

>>9693035
single digit IQ detected

>>9692654
>147 days of bull

Actually, if you weren't so fucking retarded, you'd realize the rally that culimated in the thousand dollar ATH actually began in November 2011 before hitting the peak in November 2013, so approx 730 days of bull market.

Zoom the fuck out you retard.

>>9692654
lmao

>>9692654
you forgot that history repeats itself, so its a circular movement and you need to multiply it by pi.
so actually, we've got more like 11436 days of bear ahead. abandon all ships.

>>9693626
Just for a year or two, but no more 10x in the new "tamed" bitcoin era.

Korea isn't going to be pumping your mainnets
https://finance.yahoo.com/news/pump-ponzi-bithumb-criticized-prematurely-123452693.html

From 2015
https://www.institutionalinvestor.com/article/b14z9yz61hsj36/cme-group-ventures-beyond-futures
>In late October, CME Ventures announced a new investment, in New York–based Digital Currency Group, whose mission is to build a better financial system using blockchain and digital currencies.

>>9694015

It was tamed when it hit 1300 at 2013-2014.

>>9692654
It could get down to 1-2k which would make it cheap enough people would buy it up. That's why it makes no sense for it to drop. Bitcoin BTC is still bitcoin. BCH bitcoin cash may be the one to take the throne. Who the fuck knows.

>>9692654
the fundamentals have changed completely

>>9694634
yeah bitch-coin got worse

>>9692832

bitcoin is on cnbc everyday... it's pretty mainstream

>>9692945
Wrong.

TA doesn't account for whale behavior or paradigm shifts. One rich saudi could buy bitcoin tomorrow and double the market cap instantly.

>>9695663
Sure it does. You being a brainlet and thinking that someone would buy that on exchanges and not OTC on the other hand, I’m sorry that’s a disability

>>9695843

So some Saudi buys a billion OTC, then he pours another billion onto the exchanges to pump it, it takes whales to move shit for the public's eyes.

>>9694015
>CME Ventures announced a new investment, in New York–based Digital Currency Group
The Digital Currency Group runs coindesk, never trust their articles and agenda. Coindesk was also the major player bashing IOTA for nothing. Their lies / FUD are still around.

>>9692680
>the btc market isn't just as speculative if not more than before

>>9696149
https://medium.com/cryptomedication/uncovering-the-real-cartel-in-bitcoin-65b56a7a00a2

Nope. Can't trust them. Shit will the hit at some time this year or next. Tether that is.