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/biz/ - Business & Finance

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11316270 No.11316270 [Reply] [Original]

Bros? Will it ever dump? This is strange

>> No.11316287

go home, see you in 2020 Bobo

>> No.11316290

>>11316270
be patient bobo. It will drop eventually.

>> No.11316296

Yes, it will dump when people realize it's worthless and they need that money for something else.

>> No.11316298

Those days are over

>> No.11316355

>>11316290
>it will drop eventually
KEK

>> No.11316364

ex-bobo here. no, 6k is the bottom. its been 6k for 4 months. alts have bottomed out too. im all in on tomo. it has the most moon potential.

>> No.11316446

Fucc u bobo

>> No.11316462

I think it will dump hard at the end of year as usual

i refuse to sell I already lost $200k gains

>> No.11316478

>>11316462
>i-it will dump at the end of the year

this is like the bearish version of muh chinese new year christmas shopping dump

>> No.11316488

>>11316478
people need to cash out to pay their crypto taxes

>> No.11316518

>>11316488
you're dumb as fuck

>> No.11316539
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11316539

>>11316355
>>11316364
>>11316446
>>11316478
>>11316518
Retarded permabulls are getting nervous.

Babbye's first bear market haha

>> No.11316550

>>11316539

lmao keep telling yourself that. how's your short doing by the way? loving those rollover fees? 4k any day now amirite? this time 6k won't hold right buddy?

>> No.11316570

>>11316550
Literally didn't even read, I know you are throwing a tantrum without reading a single word.

Don't go against the current, my little 2017 crypto buyer :)

>> No.11316575

>>11316570
>>11316570

>fomos in at 12k

>> No.11316591

>>11316575
Sorry to hear that you fomo'ed at $12k, buddy.

>> No.11316600

>>11316591

>doesn't understand greentext

>> No.11316615
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11316615

>>11316600
...lol, are you new here? Do you even know what greentext is used for???

The absolute retardedness of newfags kek. Simply, pathetic.

>> No.11316641

Don't worry fellow bobo, this time Christmas will be a bloodbath

>> No.11316669

yeah, price is stable but volume is dying. If volume dies then the price fucking evaporates because literally all bitcoin is good for is scamming some other dumb fuck for more than you got scammed. If no one wants to play the fucking dumbass hot potato game anymore then why the fuck would you ever buy any? Because of the “technology?” Because you care sooooooo much about le decentralized currency as if you couldve possibly given less of a shit about it before you thought you could make money in it? It’s pretty hilarious that as a bunch of “proponents” of decentrialized currency you guys are all so fucking obsessed with it’s value in US dollars. If you believe in it so much who cares about it’s conversion rate anyway? Lmao.

>> No.11316687

Look at pathetic volume
Big pump or dump inc

>> No.11316701

>>11316270
we're not your bro, bearfaggot.

>>11316290
>>11316539
all that hopium. kek. enjoy your unnecessary losses bottom sellers

>>11316591
lurk more, or better yet, fuck back off to reddit.

>> No.11316719

>>11316669
This.

>> No.11316731

no

>> No.11316796

>>11316701
How 'bout you suck my cock?

Pathetic permabull ;)

>> No.11316810

I'm outta here, niggers!

Whoever that posts after this post is an homosexual. Peace!

>> No.11316816
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11316816

>>11316270
its like we're stuck at the 6600 level wtf is going on bros? i'm scared

>> No.11316841

>>11316669
No coiners are the biggest faggots of all. All of these huge financial institutions would not be setting up the infrastructure to buy and trade crypto if they all thought it was going to die. No, they plan on getting filthy rich before all the normies come around to it. Don't be stupid, pay attention to whats happening.

>> No.11316844

We will still be here (6600) in 2 months time, screencap this.

>> No.11316866

There's going to be a time when it goes either up, down, or sideways, and that time is either in the past, present, or future.
Cap this with your screen.

>> No.11316897

>>11316810
>>11316796
what do you got against gays faggot?

>> No.11318004

It's time to ask the question.

Is this equilibrium?

>> No.11318111

>>11316844
If that's true that means that bitcoin and crypto has stabilized, which means crypto will be shit.

>> No.11318345

>>11318111
>price is volatile
BITCOIN'S TOO VOLATILE TO BE USED AS REAL MONEY
>price is stable
BITCOIN'S USELESS

>> No.11318374

>>11316841
>institutions = moon
>institutions will long it not short it
>institutions havent bought in yet

The lies biz tells themselves

>> No.11318381

>>11316866
Ill cap this with your screen

>> No.11318460

>>11318374

you honestly have no idea how "institutions" work.

>shorting a 100B asset into the ground
some minor short term gains
>getting in low and riding the cryptocurrency wave up to its true potential and then longing / shorting the price movements in a multi trillion dollar market
long term - decades long - new assets to play with and make money off of

people want crypto in their 401ks. the endowment manager for yale just moved 400 million into two crypto funds ffs.

you don't understand how anything works at all.

>> No.11318468

>>11316816
maybe you should go long at 6600 then

>> No.11318514

>>11318460
This. First bizer with a brain

>> No.11318519

>>11318460
>>11318374

i mean, keeping some perspective in mind here, the entire cryptocurrency marketcap including all of the hanger-on shitcoins is currently a fraction of a single large-cap stock.

that's absolutely nothing for "muh institutions." they have much more to gain by growing it into a huge asset class and then playing with it there. there's no "hatred" of bitcoin to the degree that they'd rather make less money long term just to "short it into the ground" rather than grow it. they just want to make money, and there's much more money to be made when bitcoin is in everyone's 401ks and portfolios.