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/biz/ - Business & Finance


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File: 94 KB, 900x613, dotcom_bubble_crash.jpg [View same] [iqdb] [saucenao] [google]
9919216 No.9919216 [Reply] [Original]

Sorry to break the harsh truth to you. Crypto will repeat the dotcom bubble. 99% of useless zero adoption shit coins will go to ZERO. Your confirmation bias makes you think that you are holding the 1%. You're probably not. Get out while you still can.

>> No.9919220

>>9919216
>you’re probably not
Yeah but what if I am?
Crypto is different from dotcom cause it’s easy to to notice the 100% useless garbage

>> No.9919230

>>9919216
>The 1%
The 1% is overwhelmingly obviously ETH/OMG.

If you don't understand this just get out.

>> No.9919231

ANYONE ELSE GET SHIVERS LOOKING AT THIS GRAPH

IT BROKE THE FUCKING MEAN
WILL WE BREAK THE FUCKING MEAN
WHAT DOES IT FUCKING MEAN

>> No.9919232

I like that you truncated the Y axis to make it look like it fell more than it did. Good job brainlet.

>> No.9919242
File: 56 KB, 634x461, Internet-bubble.gif [View same] [iqdb] [saucenao] [google]
9919242

>>9919232
chart is legit tho

>> No.9919252

>>9919242
Looks like we're at about "2004". Bullish tbqhalam

>> No.9919267

>>9919252
NO ANON DONT YOU SEE?! WERE IN EARLY 2001!
WERE ALSO THE LAST 1% OF PEOPLE TO BUY CRYPTO

>> No.9919276
File: 97 KB, 686x767, 1529196923416.png [View same] [iqdb] [saucenao] [google]
9919276

>> No.9919307

>>9919216

most of /biz/ wasn't even born before the dotcom bubble

Thats a big reason why they fail to see the glaring similarities

>> No.9919323

>>9919307
Crypto is a different market than stocks
It moves a helluva lot faster so who knows where we currently stand

>> No.9919347

Well if we are at 2003ish as compared to the graph, then nowhere to go but up right boys?

>> No.9919367

>>9919276
>cope.jpg

These are getting more creative every month.

>> No.9919408

>>9919323

It's the exact same pattern pattern though. It even mirrored itself in the stock market with all the companies that associated themselves with the blockchain.

>> No.9919555

>Crypto will repeat the dotcom bubble

If this is true by volume, we're all gonna make it

>> No.9919570
File: 42 KB, 1555x311, YourFuture.png [View same] [iqdb] [saucenao] [google]
9919570

>>9919216
Welcome to 1994
https://medium.com/@mccannatron/12-graphs-that-show-just-how-early-the-cryptocurrency-market-is-653a4b8b2720

>> No.9919582

This is a shakeout before the real bubble commences literally text book stuff kid

>> No.9919585

Market cycles don't happen in a few weeks. We're still in the first sell off.

>> No.9919588

rip shitcoins long live blockchains.

>> No.9919613

>>9919216
To anyone: If OP's chart is scary, keep in mind that if you line up the crash, look at the numbers at the bottom.. Bitcoin's saga plays out at a rate where 6 months = 3 years to the dotcom bubble.

That considered, look at Amazon's stock and the dotcom bubble looks like a tiny pimple. If you have a quality crypto that doesn't turn to shit, you may be insanely rich in a matter of years. If you're in the PETs.com of crypto, yes you're gonna get wrecked.

>> No.9919618
File: 7 KB, 192x185, 1437757737511.jpg [View same] [iqdb] [saucenao] [google]
9919618

>>9919613
Which will make it?

>> No.9919625

>>9919216

Things move much faster in 2019 than in the early 00's

>> No.9919626

The whole crypto market at its peak was only the value of like a handful of good S&P100 companies put together, the bubble is only beginning.

>> No.9919657
File: 317 KB, 1406x1062, Screen Shot 2018-06-17 at 12.00.11 AM.png [View same] [iqdb] [saucenao] [google]
9919657

>>9919216
Here's that same chart today anon.
If you don't make it now, you'll make it someday. Holding is the only way out

>> No.9919683

>>9919618
LINK most likely.

>> No.9919688

BUy random shitcoin 10x current price
STOP LOSS:NONE

>> No.9919714

>>9919683
weird, my first thought was
>definitely not link

protip: find the cryptos with deep state backing

>> No.9920000

>>9919714
I was kidding.. (disclosure: I hold much LINK now)

>> No.9920046

Just get out of Chinese coins and you'll probably be ok

>> No.9920127

>>9920000
Kek clearly blesses linkies with many digits. Perhaps he is giving us a sign.

>> No.9920144

As long as bitcoin futures are around, don't expect your lambos or qt virgin asian gfs anytime soon. The shorting has destroyed too many people and the price is very obviously being suppressed. Look at what happened to gold and silver when futures were added.
This isn't a normal correction/consolidation.
We are going very, very low.
Good luck, anons.

>> No.9920148
File: 246 KB, 1200x1200, 1522535972240.jpg [View same] [iqdb] [saucenao] [google]
9920148

>>9919216
>confirmation bias
Somebody watched a scott adams video and now thinks theyre an expert in persuasion. Think again faggot nigger, we're going to fucking pluto mission, screencap this.

>> No.9920156
File: 156 KB, 1080x1142, 1528244839526.jpg [View same] [iqdb] [saucenao] [google]
9920156

>>9919618
Not link, dont listen to those dumb faggots. Buy BAT anon, do it now, thank me later.

>> No.9920198

>>9920156

The browser is shit man. If no one uses the browser the coin is worthless.

>> No.9920214
File: 4 KB, 211x239, 1523768918732.jpg [View same] [iqdb] [saucenao] [google]
9920214

>>9920198
>DDEEERRRR BAT COIN WORFLESS
>BROAWSER BAADDD
Whoa you're going to destroy BAT with that fud, my god anon. You're like a super genius or something.

>> No.9920238

>>9920156
The last thing I wanna do is invest in advertising platforms.. I think we're heading away from that and google's over reliance on it is holding them back.

>> No.9920246
File: 254 KB, 1204x720, tlou.jpg [View same] [iqdb] [saucenao] [google]
9920246

>>9920000
>$20000 EOY

>> No.9920303

>>9920238
>advertising, a 700 billion dollar a year industry
>increases almost exponentially every year steadily
I see the extreme retards of /biz/ are on at night.

>> No.9920392

>>9919216
>will repeat
>will
it already has dummy

>> No.9920505

>>9919242
We haven't even seen 4 k bitcoin

>> No.9920537
File: 33 KB, 770x741, compq.gif [View same] [iqdb] [saucenao] [google]
9920537

>>9919216
>>9919657

Its gonna go faster with blockchain

>> No.9920548

>>9919216
Thanks OP just opened another long

>> No.9920560

>>9919216
>the 1%
my sides

0% will survive this bubble
cryptocurrency is a worthless "technology"

>> No.9920576

>>9919230
>being this delusional
lol

>> No.9920581

>>9919230
What about XMR?

>> No.9920590

>>9920576
Actually he may be right. ETH will bounce back soon. I happen to live in a particular area that has given me some inside information about ETH that is incredibly promising. Good luck anons.

>> No.9920601
File: 188 KB, 573x430, 1526354651066.png [View same] [iqdb] [saucenao] [google]
9920601

>>9919216
Good thing I don't care if crypto succeeds or fails.

>> No.9920625
File: 263 KB, 1349x629, Decenturion.png [View same] [iqdb] [saucenao] [google]
9920625

This is the future.

Decentralized, distributed and ready to invest with. They provide the community with startup investment options, providing streamlined access for startups and investors.

>> No.9920741

>>9919307
what similarities?

>> No.9920923

>>9919618
jibrel

>> No.9921006

>>9919683
lul. keep deluding yourself, mr pink wojak.

>> No.9921450

>>9920144
>Look at what happened to gold and silver when futures were added.

Gold futures started trading in 1974 when gold was around $150 oz. It still bubbled up to $800 in 1980

>> No.9921460

>>9919216
Biztards and redditards are still in denial. They won't even sell at the next peak that maybe the last maximum for ever.

>> No.9921486

>>9919216
yeah but what about bitcoin's next bubble? this is bitcoin's upteenth time being in a 'bubble'. i don't know if that still means it meets the criteria of a bubble but w/e.

>> No.9921599

>>9919276
The test will fail because BTC is a crashing bubble. I t will fail like the last time failed to break 10k

>> No.9921607

>>9919323
>This time is different it will never stop going up

>> No.9921609

>>9919216
literally only holding btc and some short term altcoon flips luhmao
imagine imvesting in altcoins instead of just flipping them for more of the king

>> No.9921628

>>9919276
funny that, i feel like btc will make a lower low, triggering panickers into dumping their btc for cheap, straight into the wallets of big players. said players will absorb all the new weakhand liquidity and beartrap the fuck outta shorters, and a new rally begins

>> No.9922664

>>9919276
This. If you look at the log scale we didn't even have a "huge" run up. It didn't even go parabolic really and typically bubbles come in two's meaning there's always a first sell off. I'm not convinced we'll be in a bear market until 2020 quite yet.

>> No.9922675

>>9919230
>confirming OPs statements
good going anon
kys

>> No.9922684

>>9919613
>pets.com
>smartcontract.com
Refute this

>> No.9922729

>>9920581
XMR and XLM will both make it. XMR is one of the only products that has a true value since Monero is the most legit currency the world has ever see.

>> No.9922805

If you ever get scared just remember that the Winklevoss twins aren't scared.

>> No.9922811

>>9922805
then remember the winklevi were dumb enough to be led on by a beta virgin android jew and screwed out of billions

>> No.9922814

>>9922805
Because they've cashed out enough to be set for generations.