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File: 37 KB, 450x454, no-moon.jpg [View same] [iqdb] [saucenao] [google]
10025095 No.10025095 [Reply] [Original]

MOONS ONLY HAPPEN ONCE AND NEVER AGAIN
CRYPTO IS OVER
TAKE YOUR LOSSES AND WALK AWAY

>> No.10025102

>>10025095
I saw a full moon tonight, Monday morning gonna be green.

>> No.10025103
File: 96 KB, 1365x684, 1529860662700.png [View same] [iqdb] [saucenao] [google]
10025103

>>10025095
take a look at other commodities like silver for instance. usually it just trades inverse the dollar, but when things get crazy, a lot of money can flow into these precious metals. and pump it up to insane heights. once the greatest foll has bought in, it turns right back around, and everyone who bought it to store value or make money will sell at a loss. the people left with the bags then sit there for years until something changes in the market that causes people to want it.

i say silver is a good comparison, as unlike gold, which has useful applications in electronics and interesting properties like not corroding, silver kinda just looks pretty and has a tradition of being a "store of value".

but look what happened to silver spot price. silver didnt suddenly become 5x more valuable, just a lot of libertarians buying it at the same time in a panic. and then as it became clear that holding silver wasnt gonna yield 100x their money, everyone panic sold at the same time.

the difference HERE is that precious metals have a long standing rep as a store of value (even if its not as a very good one). BTC was something most of these normie speccs had never even thought of before. they jumped in w EVERYTHING and sold at the bottoms and lost EVERYTHING. they will not be coming back to save you. this market needs a new batch of greater fools, and the scars are too fresh to jump back in for them. people do not see it as a way t store value they see it as a way to get rich. and since its not going up anymore, the only reason people were holding it for the most part is now out the window

>> No.10025110
File: 3.45 MB, 2300x2500, 1527671382389.jpg [View same] [iqdb] [saucenao] [google]
10025110

>>10025095
*blocks your FUD's path*

>> No.10025130

>>10025103
note that these are not to scale. i did this so we could compare price action and the overall shape

>> No.10025138

>>10025130
its useful, but not useful enough to warrant its price action during its bubble. it had no reason to go to $45/oz just as BTC had no reason to go to $20k. and it turned around after getting there in the exact same manner as BTC, and for the same reason. suddenly market sentiment shifted, and everyone realized it wasnt gonna go up (most peoples primary reason for buying it). some stubborn fools have been holding it, and like you said, it has SOME uses. but its been at this level for years, and with a bullish dollar, looks ready for another serious dump.

the bagholders in BTC will be no different imo

>> No.10025357

>>10025110
still shilling link
dump your bags
take your losses crypto is finished

>> No.10025551

>>10025095
there have been crypto moons every damn year, wtf you talking about

>> No.10025976

>>10025103
in countries with less currency manipulation gold performed very well, gained 20% while inflation was around 4%
while silver, don't just buy monster box of state mint coins, collecting various kind of coins is half the fun

>> No.10025980

>t. boomer

>> No.10026086

>>10025103
You mixed up gold and silver there. Gold just looks pretty, silver has uses in electronics and medicine. Also, all of the precious metals are being manipulated down using ETFs, despite physical silver becoming more and more rare every year.

>> No.10026100

this is unironically good advice
sell all your crypto
now

>> No.10026111

>>10025551
Primary concern is BITCOIN
No more moons of BITCOIN will every happen
if BTC dies so does everything else

Moons HAPPENED every year
No more moons will happen from henceforth