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

/biz/ - Business & Finance

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9869392 No.9869392 [Reply] [Original]

>tfw you realize this is unironically the first sell off

>> No.9869466

>>9869392
No, we’re approaching despair

>> No.9869735

still in denial IMHO

>> No.9869806

>>9869466
short term we are entering despair. In the grand scheme of things its first selloff

>> No.9870751
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9870751

>>9869392
It doesn't matter where we are, BTC will be under $1K by the end of the year. It already shit the bed, normies aren't coming back

>> No.9870907
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9870907

>>9869392
First sell off was in 2014, we're still in complacency. Despair isn't coming until there's a common agreement BTC goes into double digits, which will be wrong as $100 psychological barrier holds and then the new bull run begins.

Truth hurts, doesn't it?

>> No.9870999

>>9870907
Agreed. BTC hasn't gained any merchant adoption since the bull run began. It has actually lost ground. Sure there are altcoins, but BTC will take the entire market down with it. If there ever is to be a flippening the exchanges will have to initiate it, but this is unlikely without enough liquidity to support trading pairs in other another currency. The current situation looks mighty grim