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/biz/ - Business & Finance


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10441090 No.10441090 [Reply] [Original]

Deny this biz

>> No.10441099

this year is not 2014

>> No.10441117
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10441117

yeah I really didn't want to admit it, but it's probably true. 2.5 years of bear market ahead of us

>> No.10441140

>>10441090
>btc appreciated by 12800% in 3 years
Sorry but, the buble came and went. All downhill from here. At ath btc had a market cap bigger than Samsung, and for what? A couple of lines of code.its literally ogre, prove me wrong.

>> No.10441219

>>10441099
You're right, it's (((current year)))

>> No.10442329
File: 22 KB, 512x341, mtgox.jpg [View same] [iqdb] [saucenao] [google]
10442329

>> No.10442337

>>10441090
So 10 years to next bull, got it

>> No.10442346
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10442346

>>10441090
where is the black swan event we experienced in 2014 to warrant a repeat of 2014?

>> No.10442361
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10442361

>>10442346
did somebody say big mac event?

>> No.10443159
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10443159

>>10442346

>ETFs rejected

Literally orders of magnitude times fucking bigger than Mt Gox, and everybody playing it off like it's small news. The amount of money stolen in Mt Gox was approximately, what, $500M?

The amount of expected capital inflow from a Bitcoin settled ETF is in the fucking TRILLIONS of USD.

The denial is real from latecomers and bagholders who have absolutely no insight into what matters in this market. They are all busy consoling and pep talking each other (/r/bitcoin especially) because they cannot handle that everybody who bought between Nov 17 and now has been sold an absolute turd of an investment, they literally could have made much more money just buying the fucking SP500 since then, and now they want to get rich like all the early holders as if there is some magic way for that to happen, while denying the hard reality of where the fucking money is going to come from.

It has to come from somewhere, and the one channel that could allow it has just been closed.

lol the absolute fucking state of crypto bagholders

>> No.10443502

>>10443159
lmao
nobody wants your fucking ETF
>a non-event compares to mtgox
right

>> No.10443524

>>10443159
we have bitcoin futures now, etf is not far from that, and on track in the slippery slope.
We'll be good